Funding you earn now, next payment 01:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.049%
Price spread now: GMX against Orderly+0.017%7-day average +0.039% · 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)+0.152%+$15 on $10k
+Price spread, last 3 days (all we have)+0.025%+$2 · spread now +0.017%, 7d avg +0.039%
=Funding pays, the price is against you. GMX is 0.023% cheaper against Orderly than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.039%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOGE_USDC | 0.1009 | 0.0100 | pay 0.0100% / 8h | 7h 11m | $74K | $426K | 50x |
| Short | GMX DOGE/USD [ETH-USDC] | 0.1009 | L +0.0247% / S −0.0271% | get 0.0034% / 1h | 11m 31s | $317K | — | 200x |
Orderly PERP_DOGE_USDC
GMX DOGE/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Orderly. 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
- $35.89
- Price spread: +0.017% → +0.039%
- −$2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $15.63
- Costs to cover
- 0.180%
- Break-even
- 4.0 days
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Orderly and 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0168% | 8h | 0.1009 | −0.010% | $153.3M | $271.5M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1010 | +0.042% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1010 | +0.101% | $394K | $4.9M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1009 | +0.021% | $607K | $119K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1009 | −0.003% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0012% | 1h | 0.1009 | +0.018% | $227K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1010 | +0.122% | $793K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1009 | +0.030% | $843 | $419K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1011 | +0.154% | $518K | $972K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1010 | +0.043% | $5.1M | $46.6M | 75x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1010 | +0.078% | $337K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.139% | $321.4M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.139% | $161.0M | $439.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1011 | +0.149% | $111.5M | $974.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1011 | +0.139% | $28K | $74K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −0.596% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1010 | +0.050% | $245.6M | $131.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1010 | +0.079% | $113.2M | $226.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1010 | +0.050% | $66.2M | $42.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1010 | +0.069% | — | $76.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1008 | −0.089% | $366K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | +0.118% | $994K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1014 | +0.461% | $271K | $125.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1012 | +0.248% | $644K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1015 | +0.575% | $149K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1010 | +0.040% | $268K | $634K | 10x | as long as short |
| Orderly PERP_DOGE_USDClong | +0.0100% | 8h | 0.1009 | long leg | $74K | $426K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1009 | −0.004% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1010 | +0.076% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1009 | +0.010% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1009 | −0.003% | $6.0M | $52.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1009 | −0.040% | $93.1M | $18.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1009 | +0.022% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1010 | +0.047% | $534K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1009 | +0.005% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.1011 | +0.130% | $534 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1008 | −0.071% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1008 | −0.099% | $15.4M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1010 | +0.040% | $2.0M | $25.2M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1011 | +0.184% | $66K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0247% / S −0.0271% | 1h | 0.1009 | +0.017% | $317K | — | 200x | |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1010 | +0.126% | $326K | $404K | 10x | as long as short |
| Hyperliquid DOGE | +0.0780% | 1h | 0.1011 | +0.178% | $123.3M | $95.6M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1018 | +0.872% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP