Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against Phemex−0.041%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 3 days (all we have)+0.041%+$4 · spread now −0.041%, 7d avg −0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOGEUSDT | 0.09861 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $91.5M | $19.0M | 50x |
| Short | BingX DOGE-USDC | 0.09857 | 0.0100 | get 0.0100% / 8h | 2h 30m | — | $3.4M | — |
Phemex DOGEUSDT
BingX DOGE-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phemex. 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
- $0
- Price spread: −0.041% → −0.043%
- $0.2
- Slippage, 4 orders
- −$19.36
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.16
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; BingX: live order book, 9 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 Phemex live order book, 4 min ago | 0.51 bp | 9.3 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 1.52 bp | 8.3 bp −$8 | 13.5 bp −$135 | 36.7 bp −$3,669 | 115.2 bp −$57.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0279% | 8h | 0.09847 | −0.142% | $151.5M | $260.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09848 | −0.129% | $358K | $4.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09859 | −0.016% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0064% | 8h | 0.09852 | −0.091% | $234.4M | $119.4M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0064% | 1h | 0.09867 | +0.060% | $617K | $103K | 25x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09840 | −0.211% | $15K | $225K | 10x | as long as short |
| dYdX DOGE-USD | +0.0091% | 1h | 0.09861 | −0.002% | $221K | $44K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09855 | −0.061% | $1K | $336K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09860 | −0.011% | $782K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09854 | −0.066% | $626K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
dYdX DOGE-USD
Katana Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09858 | −0.033% | $4.8M | $40.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09858 | −0.032% | $335K | $505K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09859 | −0.020% | $312.8M | $1.26B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09852 | −0.091% | $156.1M | $396.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09858 | −0.030% | $107.6M | $881.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09863 | +0.020% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09838 | −0.234% | $377K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09858 | −0.030% | $117.6M | $214.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09857 | −0.041% | $64.7M | $39.1M | 75x | as long as short |
| BingX DOGE-USDCshort | +0.0100% | 8h | 0.09857 | −0.041% | — | $3.4M | — | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09842 | −0.191% | $917K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09847 | −0.137% | $261K | $112.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09867 | +0.061% | $627K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09840 | −0.213% | $140K | $223K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09852 | −0.095% | $271K | $528K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09863 | +0.020% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09862 | +0.008% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09848 | −0.131% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09863 | +0.020% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09861 | −0.002% | $5.9M | $46.6M | 75x | as long as short |
| Phemex DOGEUSDTlong | +0.0100% | 8h | 0.09861 | long leg | $91.5M | $19.0M | 50x | |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09858 | −0.029% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09853 | −0.077% | $548K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09864 | +0.035% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0174% | 1h | 0.09854 | −0.066% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09859 | −0.018% | $521 | $4K | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0214% | 1h | 0.09868 | +0.071% | $521K | $931K | 15x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09860 | −0.010% | $15.1M | $23.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09865 | +0.041% | $2.0M | $22.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09859 | −0.019% | $303K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0290% | 1h | 0.09861 | −0.002% | $5.9M | $31.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0432% | 1h | 0.09865 | +0.045% | $109.1M | $78.8M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09866 | +0.046% | $309K | $472K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09880 | +0.193% | $32K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Backpack DOGE_USDC_PERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP