Funding you earn now, next payment 12:00 UTC−0.0286%/8h= −31.3% APRnext payment −$0.36 per $10,000 · paid last 24h −0.044%
Price spread now: Kraken Futures against GMX−0.165%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.165%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Kraken Futures is 0.161% cheaper against GMX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09788 | L +0.0206% / S −0.0187% | pay 0.0026% / 1h | 50m 09s | $286K | — | 200x |
| Short | Kraken Futures PF_DOGEUSD | 0.09772 | −0.0080 | pay 0.0010% / 1h | 50m 09s | $5.3M | $38.9M | 50x |
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$60.08
- Price spread: −0.165% → −0.004%
- −$16.12
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$98.2
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago | 1.02 bp | 9.1 bp −$9 | 13.4 bp −$134 | 25.9 bp −$2,588 | 174.2 bp −$87.1K |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSDshort | −0.0080% | 1h | 0.09772 | −0.165% | $5.3M | $38.9M | 50x | |
| Bitget DOGEUSDT | −0.0053% | 8h | 0.09757 | −0.319% | $137.8M | $290.6M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09775 | −0.139% | $501K | $6.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09789 | +0.010% | $33K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0006% | 8h | 0.09761 | −0.278% | $164.1M | $493.0M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.579% | $6K | $240K | 12x | as long as short |
| dYdX DOGE-USD | +0.0059% | 1h | 0.09766 | −0.230% | $229K | $75K | 10x | as long as short |
| Gate DOGE_USDT | +0.0068% | 8h | 0.09761 | −0.278% | $251.6M | $142.5M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09776 | −0.129% | $802K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09781 | −0.074% | $936 | $532K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bybit DOGEUSDT
Injective DOGE/USDC PERP
dYdX DOGE-USD
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09768 | −0.210% | $18K | $5K | 30x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09785 | −0.033% | $509K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09771 | −0.172% | $120.8M | $107.2M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09761 | −0.276% | $4.9M | $57.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09769 | −0.198% | $309K | $442K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09766 | −0.228% | $322.5M | $1.59B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09763 | −0.257% | $116.8M | $1.09B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09786 | −0.022% | $15K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09786 | −0.018% | $374K | $5K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09761 | −0.278% | $115.4M | $250.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09765 | −0.237% | $64.0M | $45.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09757 | −0.319% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09765 | −0.237% | $308K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09762 | −0.269% | $1.3M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09783 | −0.049% | $256K | $124.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09785 | −0.033% | $627K | $3.9M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09790 | +0.018% | $138K | $345K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09785 | −0.030% | $207K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09782 | −0.063% | $67K | $421K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09781 | −0.073% | $18K | $6K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09791 | +0.033% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09782 | −0.063% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09770 | −0.185% | $5.9M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09764 | −0.247% | $88.8M | $15.7M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09777 | −0.113% | $496K | $3.4M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09783 | −0.051% | $19K | — | 3x | as long as short |
| Phoenix DOGE | +0.0163% | 1h | 0.09778 | −0.104% | $18K | $306K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0169% | 1h | 0.09786 | −0.020% | $547K | $291K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09787 | −0.016% | $450 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0206% / S −0.0187% | 1h | 0.09788 | long leg | $286K | — | 200x | |
| Reya DOGERUSDPERP | +0.0209% | 1h | 0.09784 | −0.040% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09763 | −0.257% | $15.4M | $25.5M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09770 | −0.186% | $2.3M | $32.5M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0631% | 1h | 0.09788 | −0.002% | $406K | $390K | 10x | as long as short |
Paradex DOGE-USD-PERP
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
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
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC