Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h +0.013%
Price spread now: Gate against GRVT−0.180%51s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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−$380.376% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.180%, 7d avg −0.011%
=Together, before fees+0.056%+ Points / potential airdropGRVT: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.169% cheaper against GRVT than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 51 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 | 0.1002 | 0.0100 | pay 0.0100% / 8h | 2h 58m | $639K | $4.7M | 10x |
| Short | Gate DOGE_USDT | 0.1000 | 0.0068 | get 0.0068% / 8h | 2h 58m | $237.9M | $117.5M | 75x |
GRVT DOGE_USDT_Perp
Gate DOGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$6.72
- Price spread: −0.180% → −0.011%
- −$16.91
- Slippage, 4 orders
- −$13.6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.23
- Costs to cover
- 0.376%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; Gate: live order book, 5 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, 6 min ago | 0.50 bp | 8.6 bp −$9 | 20.4 bp −$204 | 54.5 bp −$5,452 | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.50 bp | 10.0 bp −$10 | 15.1 bp −$151 | 26.6 bp −$2,658 | 47.6 bp −$23.8K |
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 | −0.0272% | 8h | 0.09991 | −0.289% | $154.0M | $259.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1002 | +0.005% | $339K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1002 | −0.048% | $626K | $89K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09988 | −0.324% | $33K | — | 150x | as long as short |
| Gate DOGE_USDTshort | +0.0068% | 8h | 0.1000 | −0.180% | $237.9M | $117.5M | 75x | |
| 01 Exchange DOGEUSD | +0.0072% | 1h | 0.1000 | −0.179% | $528 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1003 | +0.051% | $18K | $206K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0094% | 8h | 0.1000 | −0.180% | $856 | $324K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | −0.094% | $822K | $5.0M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.145% | $714K | $658K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
01 Exchange DOGEUSD
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.120% | $4.9M | $40.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1001 | −0.109% | $343K | $524K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1000 | −0.180% | $320.9M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1000 | −0.200% | $157.2M | $393.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09999 | −0.210% | $108.9M | $896.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1001 | −0.110% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | 0.000% | $384K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09997 | −0.230% | $113.4M | $200.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09990 | −0.299% | $65.9M | $38.7M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1001 | −0.150% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1004 | +0.176% | $1.1M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | +0.009% | $268K | $109.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perplong | +0.0100% | 8h | 0.1002 | long leg | $639K | $4.7M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | 0.000% | $143K | $221K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09997 | −0.230% | $279K | $551K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | −0.060% | $73K | $359K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.074% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1002 | +0.032% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | −0.070% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.092% | $6.1M | $45.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.070% | $93.0M | $18.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1000 | −0.152% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1000 | −0.171% | $542K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1002 | +0.003% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0139% | 1h | 0.1000 | −0.164% | $225K | $44K | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0155% | 1h | 0.1001 | −0.070% | $528K | $807K | 15x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09997 | −0.234% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | −0.100% | $15.3M | $24.0M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.1002 | +0.010% | $2.0M | $22.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0212% | 1h | 0.1001 | −0.059% | $339K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0286% | 1h | 0.1002 | −0.032% | $6.9M | $30.2M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.1001 | −0.110% | $315K | $485K | 10x | as long as short |
| Hyperliquid DOGE | +0.0799% | 1h | 0.1001 | −0.060% | $116.0M | $74.1M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.1004 | +0.200% | $5K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
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
Extended DOGE-USD
Aevo DOGE-PERP
dYdX DOGE-USD
Backpack DOGE_USDC_PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP