Funding you earn now, next payment 23:00 UTC−0.0866%/8h= −94.8% APRpaid last 24h −0.201%
Price spread now: BingX against Injective−0.682%87s7-day average −0.199% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as 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−$820.817% of the position
Funding, last 7 days−1.518%−$152 on $10k
+Price spread, last 3 days (all we have)+0.773%+$77 · spread now −0.682%, 7d avg −0.199%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and BingX is 0.483% cheaper against Injective than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.199%). Swap the legs. The two prices were read 87 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 | Injective DOGE/USDC PERP | 0.1011 | 0.0966 | pay 0.0121% / 1h | 11m 57s | $5K | $239K | 12x |
| Short | BingX DOGE-USDT | 0.1004 | 0.0100 | get 0.0100% / 8h | 1h 11m | — | $74.7M | — |
Injective DOGE/USDC PERP
BingX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$181.85
- Price spread: −0.682% → −0.199%
- −$48.31
- Slippage, 4 orders
- −$71.68
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$311.86
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from Injective: live order book, 7 min ago; BingX: live order book, 7 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, 7 min ago | 34.84 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 1.00 bp | 6.0 bp −$6 | 6.0 bp −$60 | 9.5 bp −$948 | 24.7 bp −$12.4K |
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 | −0.0260% | 8h | 0.1003 | −0.781% | $153.3M | $266.7M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1004 | −0.710% | $415K | $4.7M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1004 | −0.670% | $608K | $109K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1004 | −0.673% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0035% | 1h | 0.1004 | −0.705% | $225K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1005 | −0.585% | $66K | $222K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1004 | −0.656% | $791K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1004 | −0.692% | $1K | $371K | 10x | as long as short |
| Gate DOGE_USDT | +0.0097% | 8h | 0.1004 | −0.732% | $241.8M | $124.9M | 75x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1005 | −0.638% | $572K | $863K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Gate DOGE_USDT
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 | 0.1003 | −0.757% | $4.9M | $44.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1004 | −0.643% | $335K | $509K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.682% | $319.2M | $1.33B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.722% | $159.1M | $421.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1004 | −0.702% | $109.3M | $933.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1005 | −0.613% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1006 | −0.472% | $386K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1004 | −0.663% | $111.7M | $217.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1003 | −0.781% | $66.0M | $41.1M | 75x | as long as short |
| BingX DOGE-USDTshort | +0.0100% | 8h | 0.1004 | −0.682% | — | $74.7M | — | |
| Variational Omni DOGE | +0.0100% | 8h | 0.1004 | −0.670% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1004 | −0.673% | $275K | $116.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1004 | −0.663% | $632K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1005 | −0.593% | $147K | $245K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | −0.702% | $268K | $542K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1004 | −0.673% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.694% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.684% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1004 | −0.722% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1005 | −0.634% | $6.0M | $50.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.712% | $93.0M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1004 | −0.693% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1004 | −0.723% | $554K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1004 | −0.673% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0177% | 1h | 0.1004 | −0.672% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1005 | −0.628% | $530 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1004 | −0.663% | $2.0M | $23.7M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1004 | −0.732% | $15.3M | $25.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0248% / S −0.0216% | 1h | 0.1004 | −0.676% | $351K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1004 | −0.714% | $5.9M | $32.8M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0411% | 1h | 0.1004 | −0.732% | $536K | $956K | 15x | as long as short |
| Hyperliquid DOGE | +0.0487% | 1h | 0.1004 | −0.663% | $114.5M | $84.9M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1005 | −0.608% | $315K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.0966% | 1h | 0.1011 | long leg | $5K | $239K | 12x |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC