Funding you earn now, next payment 04:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.024%
Price spread now: Deribit against Pacifica+0.088%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.088%, 7d avg −0.003%
=Together, before fees−0.311%+ Points / potential airdropPacifica: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.091% dearer against Pacifica than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of −0.003%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.4 days. At the pace of the last 7 days (−0.204% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica DOGE | 0.1004 | 0.0100 | pay 0.0013% / 1h | 29m 22s | $326K | $483K | 20x |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.1005 | 0.0059 | get 0.0007% / 1h | 29m 22s | $601K | $118K | 25x |
Pacifica DOGE
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$8.61
- Price spread: +0.088% → −0.003%
- $9.11
- Slippage, 4 orders
- −$21.79
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$36.29
- Costs to cover
- 0.368%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 29 min ago; Deribit: live order book, 29 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, 29 min ago | 4.55 bp | 10.1 bp −$10 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 29 min ago | 3.53 bp | 7.0 bp −$7 | 13.1 bp −$131 | 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 | −0.0046% | 8h | 0.1004 | +0.036% | $151.8M | $275.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1006 | +0.150% | $5.7M | $35.6M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1004 | 0.000% | $396K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1004 | +0.015% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0020% | 1h | 0.1004 | +0.032% | $226K | $49K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | +0.0059% | 1h | 0.1005 | +0.088% | $601K | $118K | 25x | |
| Lighter DOGE | +0.0096% | 1h | 0.1005 | +0.062% | $737K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1003 | −0.084% | $1K | $451K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1005 | +0.066% | $531K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.122% | $4.7M | $49.3M | 75x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
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 DOGElong | +0.0100% | 1h | 0.1004 | long leg | $326K | $483K | 20x | |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.061% | $322.0M | $1.46B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1004 | +0.026% | $163.3M | $445.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1004 | +0.026% | $113.3M | $1.01B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09916 | −1.252% | $381K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1004 | +0.036% | $247.8M | $134.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1005 | +0.106% | $112.5M | $235.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1004 | +0.016% | $66.3M | $43.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.056% | — | $76.8M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1006 | +0.135% | $322K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1004 | +0.003% | $1.0M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1004 | −0.006% | $298K | $130.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1005 | +0.056% | $631K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | −0.711% | $145K | $285K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | +0.016% | $261K | $856K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1005 | +0.046% | $70K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1005 | +0.065% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1006 | +0.176% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1005 | +0.116% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.100% | $6.0M | $57.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1004 | +0.026% | $92.4M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1004 | −0.041% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1003 | −0.100% | $502K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1005 | +0.097% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0189% | 1h | 0.1005 | +0.113% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.1004 | +0.035% | $535 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1006 | +0.185% | $15.7M | $25.5M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1004 | −0.041% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.1004 | +0.009% | $314K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0288% | 1h | 0.1006 | +0.165% | $122.4M | $101.0M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1006 | +0.195% | $2.4M | $27.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1006 | +0.165% | $110K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1005 | +0.076% | $406K | $414K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1008 | +0.384% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP