Funding you earn now, next payment 03:00 UTC+0.0681%/8h= +74.5% APRnext payment +$0.85 per $10,000 · paid last 24h 0.000%
Price spread now: Arcus against Pacifica+0.129%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.299%−$30 · spread now +0.129%, 7d avg −0.005%
=Together, before fees−0.299%+ Points / potential airdropPacifica: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Arcus is 0.134% dearer against Pacifica than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.005%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica DOGE | 0.09939 | 0.0100 | pay 0.0013% / 1h | 17m 06s | $327K | $483K | 20x |
| Short | Arcus DOGE-USD | 0.09952 | 0.0781 | get 0.0098% / 1h | 17m 06s | $128K | $179K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Pacifica. 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
- $142.91
- Price spread: +0.129% → −0.005%
- $13.36
- Slippage, 4 orders
- −$17.34
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $126.44
- Costs to cover
- 0.298%
- Break-even
- 0.8 days
Slippage from Pacifica: live order book, 46 min ago; Arcus: live order book, 42 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 Pacifica live order book, 46 min ago | 2.00 bp | 7.2 bp −$7 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 42 min ago | 3.00 bp | 8.1 bp −$8 | 26.2 bp −$262 | doesn't fit | doesn't fit |
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 | −0.0078% | 8h | 0.09955 | +0.159% | $150.6M | $273.9M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09935 | −0.042% | $223K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09936 | −0.034% | $441K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09947 | +0.074% | $24K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09961 | +0.219% | $773K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09942 | +0.028% | $994 | $443K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09938 | −0.012% | $532K | $996K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09947 | +0.083% | $4.7M | $48.7M | 75x | as long as short |
| Pacifica DOGElong | +0.0100% | 1h | 0.09939 | long leg | $327K | $483K | 20x | |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09960 | +0.207% | $318.8M | $1.44B | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09955 | +0.159% | $160.3M | $441.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09964 | +0.250% | $111.0M | $987.9M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09940 | +0.009% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09957 | +0.179% | $243.8M | $133.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09961 | +0.219% | $111.7M | $231.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09955 | +0.159% | $65.9M | $43.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09944 | +0.048% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09960 | +0.209% | $328K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09983 | +0.437% | $989K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09969 | +0.299% | $296K | $128.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09969 | +0.297% | $632K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | +0.612% | $146K | $279K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09935 | −0.038% | $252K | $738K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09951 | +0.119% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09949 | +0.102% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09945 | +0.057% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09952 | +0.129% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09949 | +0.097% | $6.0M | $56.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09955 | +0.159% | $91.6M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0102% | 8h | 0.09934 | −0.055% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09948 | +0.093% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09950 | +0.109% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0142% | 1h | 0.09953 | +0.141% | $595K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0187% | 1h | 0.09941 | +0.014% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09944 | +0.049% | $530 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09952 | +0.129% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09951 | +0.119% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09948 | +0.085% | $311K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09956 | +0.169% | $2.3M | $26.3M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09951 | +0.116% | $5.7M | $35.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0529% | 1h | 0.09972 | +0.327% | $121.8M | $99.6M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09947 | +0.082% | $399K | $366K | 10x | as long as short |
| Arcus DOGE-USDshort | +0.0781% | 1h | 0.09952 | +0.129% | $128K | $179K | 10x | |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1001 | +0.712% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP