Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.004%
Price spread now: dYdX against KuCoin−0.077%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.077%, 7d avg −0.005%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.072% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOGEUSDTM | 0.1032 | 0.0100 | pay 0.0100% / 8h | 3h 27m | $67.8M | $48.0M | 75x |
| Short | dYdX DOGE-USD | 0.1031 | 0.0016 | get 0.0002% / 1h | 27m 23s | $232K | $70K | 10x |
KuCoin DOGEUSDTM
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- −$17.72
- Price spread: −0.077% → −0.005%
- −$7.24
- Slippage, 4 orders
- −$55.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$102.31
- Costs to cover
- 0.774%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; dYdX: live order book, 27 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 KuCoin live order book, 2 min ago | 1.93 bp | 9.9 bp −$10 | 19.5 bp −$195 | 48.1 bp −$4,811 | doesn't fit |
| Sell dYdX live order book, 27 min ago | 24.26 bp | 29.3 bp −$29 | 209.6 bp −$2,096 | 260.7 bp −$26.1K | 445.2 bp −$222.6K |
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 | 0.1033 | +0.094% | $709K | $6.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1031 | −0.115% | $24K | — | 150x | as long as short |
| dYdX DOGE-USDshort | +0.0016% | 1h | 0.1031 | −0.077% | $232K | $70K | 10x | |
| Deribit DOGE_USDC-PERPETUAL | +0.0031% | 1h | 0.1031 | −0.089% | $585K | $246K | 25x | as long as short |
| Bitget DOGEUSDT | +0.0050% | 8h | 0.1032 | 0.000% | $134.9M | $315.1M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1032 | +0.025% | $733K | $6.4M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1032 | −0.053% | $559K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1031 | −0.087% | $4.9M | $54.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1032 | −0.023% | $331K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1031 | −0.073% | $343.4M | $1.60B | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Bitget DOGEUSDT
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 | 0.1031 | −0.107% | $170.4M | $494.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1031 | −0.097% | $117.6M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1046 | +1.363% | $402K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1031 | −0.116% | $255.0M | $144.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1032 | −0.010% | $116.0M | $243.3M | 300x | as long as short |
| KuCoin DOGEUSDTMlong | +0.0100% | 8h | 0.1032 | long leg | $67.8M | $48.0M | 75x | |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1031 | −0.145% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1030 | −0.223% | $347K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1038 | +0.530% | $1.2M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1038 | +0.574% | $331K | $135.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1038 | +0.575% | $656K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1039 | +0.659% | $155K | $327K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1032 | −0.068% | $260K | $973K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1031 | −0.136% | $72K | $460K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1031 | −0.073% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1032 | +0.023% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1031 | −0.097% | $2K | $5.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1031 | −0.163% | $6.0M | $65.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1031 | −0.087% | $94.8M | $17.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1031 | −0.116% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1032 | −0.048% | $497K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1030 | −0.197% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0124% | 8h | 0.1031 | −0.087% | $2K | $496K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1032 | −0.010% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1037 | +0.465% | $16.7M | $27.4M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1032 | −0.009% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0244% | 1h | 0.1031 | −0.133% | $5.5M | $38.6M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0257% / S −0.0309% | 1h | 0.1031 | −0.110% | $333K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1032 | +0.018% | $459 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1032 | −0.010% | $2.0M | $33.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0538% | 1h | 0.1033 | +0.087% | $128.6M | $109.7M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1033 | +0.097% | $112K | $200K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1033 | +0.058% | $417K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +2.015% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
BingX DOGE-USDC
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
BloFin DOGE-USDT
Phoenix DOGE
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP