Funding you earn now, next payment 05:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h −0.038%
Price spread now: MEXC against GMX−0.085%7-day average −0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.085%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.060% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09996 | L +0.0253% / S −0.0286% | pay 0.0032% / 1h | 0m 52s | $329K | — | 200x |
| Short | MEXC DOGE_USDT | 0.09988 | 0.0100 | get 0.0100% / 8h | 3h 00m | $111.9M | $249.3M | 300x |
GMX DOGE/USD [ETH-USDC]
MEXC DOGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$32.15
- Price spread: −0.085% → −0.025%
- −$5.97
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$50.11
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 0.50 bp | 0.5 bp $0 | 2.6 bp −$26 | 10.5 bp −$1,054 | 31.3 bp −$15.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1000 | +0.047% | $646K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09997 | +0.003% | $34K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0016% | 1h | 0.09988 | −0.088% | $224K | $70K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | +0.138% | $738K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | +0.085% | $549K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09990 | −0.065% | $4.5M | $56.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09990 | −0.065% | $319K | $520K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09990 | −0.065% | $326.1M | $1.65B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09990 | −0.065% | $162.5M | $508.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09986 | −0.105% | $113.9M | $1.15B | 50x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.224% | $385K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09987 | −0.095% | $246.8M | $150.3M | 75x | as long as short |
| MEXC DOGE_USDTshort | +0.0100% | 8h | 0.09988 | −0.085% | $111.9M | $249.3M | 300x | |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1001 | +0.095% | $66.6M | $48.6M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09982 | −0.145% | $129.7M | $321.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09985 | −0.115% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1000 | +0.055% | $311K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09995 | −0.017% | $1.1M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1004 | +0.392% | $320K | $137.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1008 | +0.819% | $638K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1003 | +0.335% | $151K | $332K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09998 | +0.019% | $260K | $1.1M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1000 | +0.045% | $65K | $464K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09998 | +0.017% | $19K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | +0.143% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | +0.085% | $2K | $5.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1000 | +0.074% | $5.9M | $66.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.105% | $92.1M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09989 | −0.078% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09983 | −0.135% | $478K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1000 | +0.066% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0118% | 8h | 0.09999 | +0.025% | $1K | $512K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0180% | 1h | 0.1001 | +0.126% | $568K | $247K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0193% | 1h | 0.1000 | +0.073% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09999 | +0.025% | $16.1M | $26.8M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09997 | +0.010% | $445 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1008 | +0.804% | $18K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0251% | 1h | 0.1001 | +0.110% | $5.6M | $40.3M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0253% / S −0.0286% | 1h | 0.09996 | long leg | $329K | — | 200x | |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1001 | +0.145% | $2.1M | $33.5M | 50x | as long as short |
| Hyperliquid DOGE | +0.0366% | 1h | 0.09990 | −0.066% | $124.7M | $113.3M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1001 | +0.095% | $108K | $207K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1000 | +0.035% | $403K | $436K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +5.337% | $6K | $242K | 12x | as long as short |
Bulk DOGE-USD
Gate DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
Phoenix DOGE
Kraken Futures PF_DOGEUSD
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP