Funding you earn now, next payment 03:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h −0.038%
Price spread now: GRVT against GMX+0.382%7-day average −0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)−0.600%−$60 · spread now +0.382%, 7d avg −0.025%
=Together, before fees−0.725%+ Points / potential airdropGRVT: Active · farm board−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.407% dearer against GMX than usual: you sell high and buy low (spread +0.382% now, against its 7-day average of −0.025%): +$41 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 9.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09971 | L +0.0246% / S −0.0267% | pay 0.0031% / 1h | 40m 31s | $310K | — | 200x |
| Short | GRVT DOGE_USDT_Perp | 0.1001 | 0.0100 | get 0.0100% / 8h | 5h 40m | $629K | $4.4M | 10x |
GMX DOGE/USD [ETH-USDC]
GRVT DOGE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$30.59
- Price spread: +0.382% → −0.025%
- $40.75
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$10.84
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; GRVT: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 4 min ago | 0.50 bp | 5.3 bp −$5 | 16.9 bp −$169 | 50.4 bp −$5,036 | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DOGE on 44 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0093% | 8h | 0.09971 | −0.004% | $151.1M | $273.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09980 | +0.086% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09976 | +0.049% | $443K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09971 | −0.005% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0011% | 1h | 0.09970 | −0.014% | $596K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09991 | +0.199% | $808K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09975 | +0.036% | $901 | $436K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09977 | +0.051% | $532K | $991K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09982 | +0.106% | $4.7M | $48.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09986 | +0.149% | $328K | $484K | 20x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09988 | +0.163% | $320.1M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09984 | +0.126% | $160.7M | $440.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09983 | +0.116% | $111.4M | $987.7M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09995 | +0.235% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09982 | +0.106% | $243.3M | $131.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09989 | +0.177% | $113.7M | $229.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09984 | +0.126% | $66.1M | $43.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09978 | +0.066% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09974 | +0.026% | $328K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09971 | −0.008% | $997K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1000 | +0.300% | $297K | $129.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perpshort | +0.0100% | 8h | 0.1001 | +0.382% | $629K | $4.4M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.387% | $146K | $277K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09977 | +0.059% | $256K | $731K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09969 | −0.024% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09971 | −0.004% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09969 | −0.027% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09970 | −0.014% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09971 | −0.009% | $5.9M | $56.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09975 | +0.036% | $91.8M | $16.7M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09982 | +0.108% | $547K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09966 | −0.056% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.09986 | +0.144% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09977 | +0.058% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09987 | +0.157% | $532 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09974 | +0.026% | $15.7M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09980 | +0.090% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0246% / S −0.0267% | 1h | 0.09971 | long leg | $310K | — | 200x | |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09978 | +0.066% | $2.3M | $26.1M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09970 | −0.013% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0436% | 1h | 0.09992 | +0.206% | $122.0M | $100.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09990 | +0.187% | $402K | $367K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09996 | +0.247% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1000 | +0.287% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP