Funding you earn now, next payment 06:00 UTC−0.0881%/8h= −96.4% APRnext payment −$1.10 per $10,000 · paid last 24h −0.232%
Price spread now: Deribit against Injective−5.966%63s7-day average −0.188% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.694%−$169 on $10k
+Price spread, last 4 days (all we have)+6.073%+$607 · spread now −5.966%, 7d avg −0.188%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Deribit is 5.778% cheaper against Injective than usual: you would sell low and buy high (−$578 if the spread goes back to its 7-day average of −0.188%). Swap the legs. The two prices were read 63 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 | 0.1053 | 0.1217 | pay 0.0152% / 1h | 23m 41s | $6K | $242K | 12x |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.09902 | 0.0336 | get 0.0042% / 1h | 23m 41s | $563K | $247K | 25x |
Injective DOGE/USDC PERP
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$184.91
- Price spread: −5.966% → −0.188%
- −$577.78
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$769.71
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 25 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 25 min ago | 5.00 bp | 9.9 bp −$10 | 17.7 bp −$177 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09892 | −6.063% | $596K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09888 | −6.098% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09898 | −6.007% | $5.6M | $39.8M | 50x | as long as short |
| Polymarket Perps DOGE-USD | +0.0031% | 1h | 0.09877 | −6.204% | $266K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0038% | 1h | 0.09880 | −6.177% | $222K | $70K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09888 | −6.097% | $842K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09888 | −6.097% | $535K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09881 | −6.165% | $4.4M | $57.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09881 | −6.160% | $316K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09880 | −6.173% | $322.4M | $1.68B | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09869 | −6.277% | $162.1M | $516.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09869 | −6.277% | $114.6M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09900 | −5.983% | $380K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09875 | −6.220% | $244.7M | $152.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09869 | −6.277% | $108.5M | $254.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09880 | −6.173% | $65.4M | $49.5M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09866 | −6.306% | $132.5M | $333.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09872 | −6.249% | — | $80.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09888 | −6.097% | $295K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09866 | −6.307% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09861 | −6.354% | $302K | $138.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09890 | −6.078% | $628K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | −6.363% | $146K | $341K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09896 | −6.021% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09896 | −6.020% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09904 | −5.946% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09898 | −6.002% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09888 | −6.098% | $5.9M | $68.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09892 | −6.059% | $90.9M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09879 | −6.182% | $18K | $5K | 30x | as long as short |
| Hyperliquid DOGE | +0.0102% | 1h | 0.09886 | −6.118% | $122.6M | $115.4M | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09866 | −6.310% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09899 | −5.997% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0112% | 8h | 0.09864 | −6.325% | $824 | $524K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09876 | −6.207% | $439 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0195% | 1h | 0.09882 | −6.151% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09907 | −5.916% | $16.0M | $26.7M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09879 | −6.182% | $27K | $299K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09861 | −6.352% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0286% | 1h | 0.09886 | −6.117% | $316K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09893 | −6.049% | $1.9M | $33.9M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | +0.0336% | 1h | 0.09902 | −5.966% | $563K | $247K | 25x | |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09876 | −6.211% | $398K | $444K | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.1217% | 1h | 0.1053 | long leg | $6K | $242K | 12x |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Hyperliquid DOGE
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC