Funding you earn now, next payment 02:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.067%
Price spread now: GMX against GRVT+0.069%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.158%+$16 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.069%, 7d avg +0.027%
=Together, before fees+0.175%+ Points / potential airdropGRVT: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.042% dearer against GRVT than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DOGE_USDT_Perp | 0.09945 | 0.0100 | pay 0.0100% / 8h | 6h 50m | $634K | $4.5M | 10x |
| Short | GMX DOGE/USD [ETH-USDC] | 0.09952 | L +0.0246% / S −0.0268% | get 0.0033% / 1h | 50m 34s | $311K | — | 200x |
GRVT DOGE_USDT_Perp
GMX DOGE/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $35.26
- Price spread: +0.069% → +0.027%
- $4.23
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $18.49
- Costs to cover
- 0.210%
- Break-even
- 3.3 days
Slippage unknown: GRVT: live order book, 3 min ago; GMX: no order-book sample. 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 GRVT live order book, 3 min ago | 0.50 bp | 7.8 bp −$8 | 21.6 bp −$216 | 53.3 bp −$5,325 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0144% | 8h | 0.09966 | +0.211% | $151.0M | $272.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09979 | +0.345% | $224K | $59K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09963 | +0.181% | $410K | $4.9M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09960 | +0.153% | $595K | $119K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09953 | +0.078% | $23K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09955 | +0.104% | $5.8M | $34.0M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09988 | +0.428% | $764K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.09974 | +0.291% | $833 | $427K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09981 | +0.357% | $490K | $978K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09982 | +0.367% | $4.7M | $47.8M | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09984 | +0.392% | $330K | $517K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09978 | +0.331% | $317.2M | $1.42B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09978 | +0.331% | $158.3M | $441.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09976 | +0.311% | $109.6M | $972.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09992 | +0.472% | $128K | $181K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09960 | +0.150% | $382K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09975 | +0.301% | $241.1M | $129.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09980 | +0.352% | $112.3M | $225.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09984 | +0.392% | $65.7M | $42.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09978 | +0.331% | — | $76.6M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09970 | +0.251% | $353K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09952 | +0.070% | $953K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09925 | −0.202% | $267K | $126.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perplong | +0.0100% | 8h | 0.09945 | long leg | $634K | $4.5M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09940 | −0.051% | $145K | $272K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09974 | +0.290% | $257K | $640K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09961 | +0.160% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09959 | +0.137% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09954 | +0.091% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09959 | +0.140% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09962 | +0.171% | $6.0M | $54.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09966 | +0.211% | $91.9M | $17.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09976 | +0.310% | $526K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09957 | +0.115% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0119% | 8h | 0.09979 | +0.346% | $18K | $7K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0183% | 1h | 0.09971 | +0.265% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09983 | +0.384% | $532 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09962 | +0.171% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09962 | +0.171% | $2.0M | $24.9M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09929 | −0.161% | $64K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0246% / S −0.0268% | 1h | 0.09952 | +0.069% | $311K | — | 200x | |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09986 | +0.417% | $321K | $406K | 10x | as long as short |
| Hyperliquid DOGE | +0.0701% | 1h | 0.09984 | +0.395% | $121.3M | $96.9M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09980 | +0.352% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP