Funding you earn now, next payment 01:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h −0.012%
Price spread now: Phoenix against Paradex+0.273%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.273% dearer against Paradex than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex DOGE-USD-PERP | 0.09971 | 0.0111 | pay 0.0111% / 8h | 6h 24m | $18K | $6K | 30x |
| Short | Phoenix DOGE | 0.09998 | 0.0241 | get 0.0030% / 1h | 24m 55s | $65K | $284K | 10x |
Paradex DOGE-USD-PERP
Phoenix DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Paradex. 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
- $27.43
- Price spread: +0.273% → 0.000%
- $27.31
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $43.74
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Phoenix: live order book, 38 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 38 min ago | 1.00 bp | 12.3 bp −$12 | 43.1 bp −$431 | doesn't fit | doesn't fit |
Paradex: 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 43 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 | −0.0113% | 8h | 0.09959 | −0.119% | $150.8M | $273.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09970 | −0.008% | $392K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09978 | +0.072% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0016% | 1h | 0.09962 | −0.091% | $224K | $49K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0041% | 1h | 0.09976 | +0.055% | $596K | $118K | 25x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.09974 | +0.030% | $5.8M | $34.1M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09982 | +0.107% | $795K | $6.0M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09965 | −0.059% | $832 | $428K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09968 | −0.024% | $530K | $990K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09972 | +0.016% | $4.6M | $48.3M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09969 | −0.022% | $328K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09968 | −0.031% | $315.6M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09966 | −0.049% | $157.8M | $442.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09963 | −0.079% | $110.0M | $979.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09981 | +0.102% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09984 | +0.129% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09967 | −0.039% | $241.8M | $132.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09968 | −0.029% | $111.0M | $229.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09967 | −0.039% | $65.9M | $43.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09970 | −0.009% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09968 | −0.029% | $341K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09990 | +0.190% | $985K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | +0.116% | $282K | $128.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09988 | +0.172% | $634K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | −0.209% | $145K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09967 | −0.037% | $257K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09977 | +0.062% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09972 | +0.007% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09971 | 0.000% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09976 | +0.051% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09977 | +0.063% | $5.9M | $54.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09973 | +0.021% | $91.9M | $17.1M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09965 | −0.061% | $584K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09976 | +0.048% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERPlong | +0.0111% | 8h | 0.09971 | long leg | $18K | $6K | 30x | |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09973 | +0.020% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.09967 | −0.037% | $531 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09986 | +0.152% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGEshort | +0.0241% | 1h | 0.09998 | +0.273% | $65K | $284K | 10x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09977 | +0.062% | $311K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09971 | +0.006% | $401K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0713% | 1h | 0.09981 | +0.103% | $121.8M | $97.9M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09980 | +0.092% | $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-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
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP