Funding you earn now, next payment 23:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.037%
Price spread now: Coinbase International against GRVT+1.068%76s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 3 days (all we have)−1.012%−$101 · spread now +1.068%, 7d avg +0.041%
=Together, before fees−1.099%+ Points / potential airdropGRVT: Active · farm board−$110 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 Coinbase International is 1.027% dearer against GRVT than usual: you sell high and buy low: +$103 more if the spread goes back to its 7-day average of +0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DOGE_USDT_Perp | 0.1001 | 0.0100 | pay 0.0100% / 8h | 56m 15s | $638K | $4.5M | 10x |
| Short | Coinbase International DOGE-PERP-INTX | 0.1012 | 0.0240 | get 0.0030% / 1h | 56m 15s | $2.0M | $24.0M | 50x |
GRVT DOGE_USDT_Perp
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $29.4
- Price spread: +1.068% → +0.041%
- $102.68
- Slippage, 4 orders
- −$13.03
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $100.05
- Costs to cover
- 0.320%
- Break-even
- from the start
Slippage from GRVT: live order book, 3 min ago; Coinbase International: live order book, 3 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, 3 min ago | 0.50 bp | 7.7 bp −$8 | 14.4 bp −$144 | 45.6 bp −$4,563 | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 1.49 bp | 9.1 bp −$9 | 14.4 bp −$144 | 44.0 bp −$4,403 | doesn't fit |
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 | −0.0252% | 8h | 0.1010 | +0.868% | $154.2M | $267.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1007 | +0.569% | $418K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1009 | +0.770% | $33K | — | 150x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1002 | +0.105% | $66K | $221K | 10x | as long as short |
| Gate DOGE_USDT | +0.0090% | 8h | 0.1009 | +0.728% | $243.5M | $124.8M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1012 | +1.065% | $796K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1007 | +0.588% | $1K | $377K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.658% | $597K | $891K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.983% | $5.0M | $44.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1007 | +0.566% | $336K | $504K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Gate DOGE_USDT
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 | 0.1011 | +0.970% | $321.6M | $1.34B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.948% | $159.5M | $426.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1011 | +0.968% | $110.3M | $944.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1007 | +0.568% | $28K | $77K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1004 | +0.231% | $385K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1011 | +0.948% | $115.8M | $217.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1011 | +0.948% | $66.6M | $41.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1011 | +0.938% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | −0.069% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | +0.180% | $275K | $116.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perplong | +0.0100% | 8h | 0.1001 | long leg | $638K | $4.5M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | +0.069% | $147K | $247K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1008 | +0.708% | $264K | $549K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1011 | +0.998% | $74K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1011 | +0.980% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1010 | +0.842% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1012 | +1.018% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1011 | +0.968% | $6.0M | $50.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.988% | $93.6M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1007 | +0.538% | $18K | $5K | 30x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0104% | 1h | 0.1012 | +1.045% | $6.0M | $33.0M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1012 | +1.025% | $557K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1011 | +1.011% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0129% | 1h | 0.1007 | +0.533% | $226K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0175% | 1h | 0.1012 | +1.065% | $613K | $109K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0178% | 1h | 0.1009 | +0.763% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1008 | +0.638% | $15.4M | $25.1M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0232% | 1h | 0.1007 | +0.612% | $532 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0240% | 1h | 0.1012 | +1.068% | $2.0M | $24.0M | 50x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0235% | 1h | 0.1009 | +0.755% | $329K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0493% | 1h | 0.1012 | +1.058% | $540K | $960K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.1007 | +0.574% | $316K | $475K | 10x | as long as short |
| Hyperliquid DOGE | +0.0911% | 1h | 0.1010 | +0.878% | $115.4M | $85.5M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1010 | +0.868% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Paradex DOGE-USD-PERP
Kraken Futures PF_DOGEUSD
Extended DOGE-USD
Aevo DOGE-PERP
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP