Funding you earn now, next payment 06:00 UTC−0.1117%/8h= −122.3% APRnext payment −$1.40 per $10,000 · paid last 24h −0.211%
Price spread now: SoDEX against Injective−5.840%7-day average −0.195% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.743%−$74 on $10k
+Price spread, last 4 days (all we have)+5.931%+$593 · spread now −5.840%, 7d avg −0.195%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and SoDEX is 5.645% cheaper against Injective than usual: you would sell low and buy high (−$565 if the spread goes back to its 7-day average of −0.195%). Swap the legs.
| 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 | 14m 41s | $6K | $242K | 12x |
| Short | SoDEX DOGE-USD | 0.09915 | 0.0100 | get 0.0013% / 1h | 14m 41s | $2K | $5.3M | 10x |
Injective DOGE/USDC PERP
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$234.47
- Price spread: −5.840% → −0.195%
- −$564.55
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$807.04
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; SoDEX: live order book, 4 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 SoDEX live order book, 4 min ago | 0.50 bp | 4.5 bp −$5 | 8.0 bp −$80 | 140.2 bp −$14.0K | 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 | 0.09917 | −5.822% | $595K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09913 | −5.864% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09915 | −5.839% | $5.6M | $39.9M | 50x | as long as short |
| dYdX DOGE-USD | +0.0030% | 1h | 0.09915 | −5.837% | $223K | $70K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0037% | 1h | 0.09909 | −5.898% | $267K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09925 | −5.742% | $846K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09915 | −5.840% | $538K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09916 | −5.828% | $4.4M | $57.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09917 | −5.819% | $317K | $514K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09916 | −5.830% | $324.1M | $1.69B | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Polymarket Perps 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 | 0.09915 | −5.840% | $163.2M | $517.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09920 | −5.793% | $115.9M | $1.17B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09881 | −6.167% | $379K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09911 | −5.878% | $246.5M | $153.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09917 | −5.821% | $110.2M | $255.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09917 | −5.821% | $66.0M | $49.7M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09911 | −5.878% | $140.2M | $339.7M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09914 | −5.850% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09917 | −5.821% | $298K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09907 | −5.918% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09920 | −5.795% | $312K | $139.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09927 | −5.726% | $624K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | −5.793% | $147K | $344K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09913 | −5.859% | $67K | $473K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09913 | −5.863% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09921 | −5.784% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.09915 | −5.840% | $2K | $5.3M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09918 | −5.812% | $5.9M | $68.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09915 | −5.840% | $91.1M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09918 | −5.812% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09908 | −5.903% | $482K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09914 | −5.851% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0105% | 1h | 0.09922 | −5.777% | $123.0M | $115.7M | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0111% | 8h | 0.09914 | −5.850% | $888 | $527K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0195% | 1h | 0.09912 | −5.871% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.09921 | −5.785% | $441 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09916 | −5.831% | $15.9M | $26.8M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09924 | −5.755% | $27K | $299K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09930 | −5.697% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0288% | 1h | 0.09912 | −5.868% | $315K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0275% | 1h | 0.09918 | −5.810% | $563K | $247K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09921 | −5.783% | $1.9M | $34.1M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09922 | −5.774% | $400K | $445K | 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-USDC
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
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Hyperliquid DOGE
Katana Perps DOGE-USD
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC