DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0904%/8h= −98.9% APRnext payment −$1.13 per $10,000 · paid last 24h −0.202%

Price spread now: Bulk against Injective−0.704%7-day average −0.174% · 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−$129as in the Price arb table

costs, in and out, $10k−$760.764% of the position

Long on Injective Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.710%−$71 on $10k

Price spread, last 3 days (all we have)+0.691%+$69 · spread now −0.704%, 7d avg −0.174%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Bulk is 0.531% cheaper against Injective than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of −0.174%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective DOGE/USDC PERP	0.09940	0.1004	pay 0.0125% / 1h	30m 25s	$5K	$239K	12x
Short	Bulk DOGE-USD	0.09870	0.0100	get 0.0013% / 1h	30m 25s	$378K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee BulkbpOrdersPrice spread, now −0.704%Rate

Funding earned: −$189.75
Price spread: −0.704% → −0.174%: −$53.06
Slippage, 4 orders: −$69.36
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$319.2
Costs to cover: 0.764%
Break-even: never at this rate

Slippage from Injective: live order book, 38 min ago; Bulk: live order book, 39 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, 38 min ago	29.73 bp	29.7 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Bulk live order book, 39 min ago	4.95 bp	8.4 bp −$8	8.4 bp −$84	13.6 bp −$1,361	23.3 bp −$11.7K

DOGE on 43 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	−0.0119%	8h	0.09930	−0.101%	$150.5M	$273.2M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09905	−0.351%	$389K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09925	−0.156%	$23K	—	150x	as long as short
dYdX DOGE-USD	+0.0019%	1h	0.09914	−0.257%	$223K	$51K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0067%	1h	0.09940	−0.004%	$5.8M	$34.1M	50x	as long as short
Lighter DOGE	+0.0096%	1h	0.09913	−0.269%	$770K	$6.0M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09917	−0.231%	$828	$427K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09928	−0.126%	$510K	$981K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09924	−0.161%	$4.6M	$48.3M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09916	−0.244%	$327K	$504K	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.09929	−0.106%	$314.4M	$1.43B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09930	−0.101%	$157.2M	$442.2M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09934	−0.060%	$109.2M	$977.5M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09937	−0.030%	$128K	$178K	10x	as long as short
Bulk DOGE-USDshort	+0.0100%	1h	0.09870	−0.704%	$378K	$5K	10x
Gate DOGE_USDT	+0.0100%	8h	0.09925	−0.151%	$241.1M	$131.9M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09924	−0.161%	$110.2M	$229.3M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09929	−0.111%	$65.6M	$43.0M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09930	−0.101%	—	$76.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09901	−0.392%	$342K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09898	−0.423%	$985K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09884	−0.567%	$271K	$128.3M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09885	−0.553%	$621K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09880	−0.604%	$144K	$276K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09923	−0.172%	$256K	$642K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09932	−0.080%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09930	−0.103%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09927	−0.131%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09939	−0.010%	$2K	$3.7M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09903	−0.374%	$5.9M	$54.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09898	−0.423%	$91.3M	$17.2M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09930	−0.102%	$523K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09936	−0.043%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0112%	8h	0.09904	−0.362%	$18K	$6K	30x	as long as short
Reya DOGERUSDPERP	+0.0184%	1h	0.09923	−0.173%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.09928	−0.118%	$529	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09910	−0.302%	$2.0M	$24.9M	50x	as long as short
Phoenix DOGE	+0.0241%	1h	0.09898	−0.422%	$64K	$284K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0245% / S −0.0267%	1h	0.09924	−0.163%	$309K	—	200x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0314%	1h	0.09935	−0.053%	$594K	$118K	25x	as long as short
RISEx DOGE/USDC	+0.0563%	1h	0.09931	−0.096%	$399K	$367K	10x	as long as short
Hyperliquid DOGE	+0.0711%	1h	0.09936	−0.038%	$120.9M	$97.4M	10x	as long as short
Injective DOGE/USDC PERPlong	+0.1004%	1h	0.09940	long leg	$5K	$239K	12x