Funding you earn now, next payment 04:00 UTC−0.0314%/8h= −34.4% APRnext payment −$0.39 per $10,000 · paid last 24h −0.198%
Price spread now: Arcus against Injective−0.049%7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$830.832% of the position
Funding, last 4 days (all we have)−0.726%−$73 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.049%, 7d avg −0.181%
=The price spread pays, funding is against you. Arcus is 0.132% dearer against Injective than usual: you sell high and buy low (spread −0.049% now, against its 7-day average of −0.181%): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 4 days (−0.726% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DOGE/USDC PERP | 0.1015 | 0.1004 | pay 0.0126% / 1h | 2m 27s | $5K | $239K | 12x |
| Short | Arcus DOGE-USD | 0.1014 | 0.0690 | get 0.0086% / 1h | 2m 27s | $111K | $199K | 10x |
Injective DOGE/USDC PERP
Arcus DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Injective. 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
- −$65.93
- Price spread: −0.049% → −0.181%
- $13.2
- Slippage, 4 orders
- −$78.68
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$135.93
- Costs to cover
- 0.832%
- Break-even
- never at this rate
Slippage from Injective: live order book, 56 min ago; Arcus: live order book, 51 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 Injective live order book, 56 min ago | 35.30 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 51 min ago | 2.02 bp | 8.1 bp −$8 | 26.4 bp −$264 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1010 | −0.468% | $5.7M | $35.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0024% | 8h | 0.1013 | −0.187% | $152.8M | $278.6M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1010 | −0.458% | $479K | $5.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1011 | −0.437% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0011% | 1h | 0.1013 | −0.195% | $227K | $48K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1014 | −0.140% | $740K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1013 | −0.236% | $916 | $470K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1014 | −0.118% | $533K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1012 | −0.324% | $4.7M | $50.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1013 | −0.232% | $328K | $484K | 20x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
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 | 0.1013 | −0.173% | $331.0M | $1.49B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1014 | −0.138% | $166.6M | $452.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1013 | −0.177% | $116.3M | $1.04B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −1.005% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1013 | −0.217% | $250.0M | $136.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1013 | −0.148% | $113.4M | $237.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1011 | −0.365% | $67.6M | $44.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1013 | −0.177% | — | $76.9M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1011 | −0.433% | $321K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1006 | −0.870% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1005 | −1.006% | $305K | $131.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1009 | −0.620% | $638K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1005 | −0.985% | $147K | $292K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1013 | −0.197% | $262K | $877K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1011 | −0.433% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1011 | −0.439% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1012 | −0.293% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1010 | −0.453% | $2K | $4.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1010 | −0.490% | $6.1M | $59.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1011 | −0.443% | $92.9M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1013 | −0.160% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1012 | −0.255% | $496K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1011 | −0.433% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0166% | 1h | 0.1011 | −0.437% | $604K | $119K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1014 | −0.136% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1011 | −0.414% | $16.0M | $25.7M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.1014 | −0.108% | $540 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1006 | −0.906% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0267% | 1h | 0.1011 | −0.441% | $314K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0267% | 1h | 0.1012 | −0.296% | $123.9M | $102.4M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1012 | −0.315% | $2.1M | $28.4M | 50x | as long as short |
| Arcus DOGE-USDshort | +0.0690% | 1h | 0.1014 | −0.049% | $111K | $199K | 10x | |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1014 | −0.113% | $411K | $415K | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.1004% | 1h | 0.1015 | long leg | $5K | $239K | 12x |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC