Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against GRVT+0.172%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.172%, 7d avg +0.057%
=Together, before fees+0.035%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.115% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DOGE_USDT_Perp | 0.09977 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $630K | $4.7M | 10x |
| Short | BloFin DOGE-USDT | 0.09994 | 0.0220 | get 0.0220% / 8h | 1h 36m | $16.3M | $27.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- $25.2
- Price spread: +0.172% → +0.057%
- $11.49
- Slippage, 4 orders
- −$12.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $2.93
- Costs to cover
- 0.338%
- Break-even
- 6.2 days
Slippage from GRVT: live order book, 7 min ago; BloFin: live order book, 2 min ago.
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 GRVT live order book, 7 min ago | 1.00 bp | 12.3 bp −$12 | 17.9 bp −$179 | 52.6 bp −$5,264 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.00 bp | 7.0 bp −$7 | 10.5 bp −$105 | 18.5 bp −$1,852 | 38.0 bp −$19.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0082% | 1h | 0.09997 | +0.203% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09996 | +0.189% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09989 | +0.117% | $611K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09994 | +0.168% | $34K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0019% | 1h | 0.09990 | +0.134% | $266K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.545% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0070% | 8h | 0.09969 | −0.078% | $142.1M | $344.1M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09964 | −0.131% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09983 | +0.065% | $850K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09994 | +0.172% | $540K | $1.1M | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09977 | 0.000% | $4.6M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09996 | +0.195% | $320K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09975 | −0.020% | $327.6M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09974 | −0.028% | $165.4M | $520.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09972 | −0.048% | $117.7M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09965 | −0.117% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09975 | −0.018% | $249.4M | $155.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09978 | +0.012% | $110.5M | $257.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09978 | +0.012% | $66.4M | $50.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09983 | +0.062% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09982 | +0.052% | $304K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09969 | −0.081% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09975 | −0.023% | $304K | $140.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perplong | +0.0100% | 8h | 0.09977 | long leg | $630K | $4.7M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.032% | $149K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09995 | +0.182% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09978 | +0.013% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09999 | +0.217% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09996 | +0.192% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09996 | +0.196% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09987 | +0.102% | $91.7M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09998 | +0.211% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09974 | −0.033% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09996 | +0.192% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09994 | +0.172% | $835 | $533K | 10x | as long as short |
| Hyperliquid DOGE | +0.0120% | 1h | 0.09984 | +0.076% | $123.9M | $116.3M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09994 | +0.175% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.09994 | +0.172% | $16.3M | $27.1M | 75x | |
| Deribit DOGE_USDC-PERPETUAL | +0.0240% | 1h | 0.09999 | +0.220% | $574K | $252K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09999 | +0.222% | $1.9M | $34.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0251% / S −0.0297% | 1h | 0.09995 | +0.183% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1000 | +0.282% | $445 | $4K | 10x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09996 | +0.192% | $24K | $303K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.1001 | +0.284% | $403K | $452K | 10x | as long as short |
GRVT DOGE_USDT_Perp
BloFin DOGE-USDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Katana Perps DOGE-USD
Hyperliquid DOGE
Deribit DOGE_USDC-PERPETUAL
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC