Funding you earn now, next payment 05:00 UTC+0.0077%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h +0.015%
Price spread now: GMX against Kraken Futures+0.026%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.026%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.1038 | 0.0242 | pay 0.0030% / 1h | 30m 00s | $5.6M | $38.5M | 50x |
| Short | GMX DOGE/USD [ETH-USDC] | 0.1039 | L +0.0260% / S −0.0320% | get 0.0040% / 1h | 30m 00s | $343K | — | 200x |
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Kraken Futures. 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
- $16.23
- Price spread: +0.026% → +0.009%
- $1.77
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$4
- Costs to cover
- 0.220%
- Break-even
- 8.7 days
Slippage unknown: Kraken Futures: live order book, 4 min ago; GMX: no order-book sample. 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 Kraken Futures live order book, 4 min ago | 0.96 bp | 10.0 bp −$10 | 11.3 bp −$113 | 32.2 bp −$3,216 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 0.1039 | +0.049% | $735K | $6.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1039 | +0.030% | $25K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0014% | 1h | 0.1036 | −0.248% | $233K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0044% | 8h | 0.1038 | +0.002% | $136.5M | $314.3M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1040 | +0.103% | $738K | $6.4M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1038 | −0.085% | $562K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1039 | +0.029% | $5.0M | $54.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1038 | −0.089% | $334K | $514K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1039 | +0.029% | $345.9M | $1.60B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1038 | −0.065% | $171.8M | $493.6M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1038 | −0.027% | $118.4M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1046 | +0.750% | $402K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1038 | −0.007% | $256.7M | $144.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1038 | +0.002% | $116.0M | $242.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1039 | +0.012% | $68.3M | $47.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1039 | +0.012% | — | $79.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1038 | −0.007% | $350K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1038 | −0.078% | $1.2M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1046 | +0.717% | $334K | $135.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1045 | +0.667% | $661K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1046 | +0.724% | $157K | $327K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1037 | −0.104% | $262K | $960K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1039 | +0.060% | $73K | $457K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1039 | +0.076% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1039 | +0.096% | $37K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1039 | +0.031% | $2K | $5.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1038 | −0.001% | $6.1M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1039 | +0.079% | $95.6M | $17.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0103% | 8h | 0.1041 | +0.261% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1039 | +0.083% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1040 | +0.132% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0124% | 8h | 0.1037 | −0.142% | $2K | $495K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1038 | −0.027% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0202% | 1h | 0.1040 | +0.149% | $590K | $246K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1038 | −0.036% | $16.7M | $27.4M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1047 | +0.779% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSDlong | +0.0242% | 1h | 0.1038 | long leg | $5.6M | $38.5M | 50x | |
| GMX DOGE/USD [ETH-USDC]short | L +0.0260% / S −0.0320% | 1h | 0.1039 | +0.026% | $343K | — | 200x | |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1036 | −0.237% | $461 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1039 | +0.060% | $2.0M | $33.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0547% | 1h | 0.1040 | +0.118% | $129.8M | $109.2M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1037 | −0.162% | $112K | $200K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1037 | −0.186% | $418K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +1.398% | $6K | $242K | 12x | as long as short |
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
Katana Perps DOGE-USD
Reya DOGERUSDPERP
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
Phoenix DOGE
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP