Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Phemex−1.063%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 3 days (all we have)+1.105%+$110 · spread now −1.063%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 1.065% cheaper against Phemex than usual: you would sell low and buy high, −$107 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOGEUSDT | 0.09976 | 0.0100 | pay 0.0100% / 8h | 6h 27m | $92.0M | $17.2M | 50x |
| Short | Bulk DOGE-USD | 0.09870 | 0.0100 | get 0.0013% / 1h | 27m 41s | $378K | $5K | 10x |
Phemex DOGEUSDT
Bulk DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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: −1.063% → +0.003%
- −$106.54
- Slippage, 4 orders
- −$17.66
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$143.2
- Costs to cover
- 0.367%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; Bulk: live order book, 41 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, 6 min ago | 0.50 bp | 10.0 bp −$10 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 41 min ago | 4.95 bp | 8.4 bp −$8 | 8.4 bp −$84 | 13.6 bp −$1,361 | 23.3 bp −$11.7K |
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 | −0.0115% | 8h | 0.09972 | −0.040% | $151.1M | $273.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09951 | −0.251% | $391K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09970 | −0.063% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0018% | 1h | 0.09983 | +0.068% | $224K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.09975 | −0.007% | $5.8M | $34.1M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09991 | +0.151% | $780K | $6.0M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09977 | +0.010% | $2K | $427K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09963 | −0.130% | $527K | $989K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09981 | +0.053% | $4.7M | $48.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09988 | +0.121% | $328K | $503K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09988 | +0.116% | $316.3M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09993 | +0.170% | $158.4M | $442.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09984 | +0.080% | $110.1M | $981.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09999 | +0.231% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USDshort | +0.0100% | 1h | 0.09870 | −1.063% | $378K | $5K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09978 | +0.020% | $242.0M | $132.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09981 | +0.050% | $110.8M | $229.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09981 | +0.050% | $66.0M | $43.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09981 | +0.050% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09978 | +0.020% | $345K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09898 | −0.782% | $985K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09941 | −0.348% | $273K | $128.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09936 | −0.401% | $631K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | −0.662% | $145K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09957 | −0.192% | $256K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09973 | −0.030% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09973 | −0.032% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09978 | +0.020% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09976 | 0.000% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09964 | −0.117% | $5.9M | $54.9M | 75x | as long as short |
| Phemex DOGEUSDTlong | +0.0100% | 8h | 0.09976 | long leg | $92.0M | $17.2M | 50x | |
| Extended DOGE-USD | +0.0104% | 1h | 0.09979 | +0.029% | $553K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09975 | −0.015% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0111% | 8h | 0.09985 | +0.090% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09962 | −0.142% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09993 | +0.175% | $533 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09975 | −0.010% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09925 | −0.513% | $64K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09966 | −0.103% | $310K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0261% | 1h | 0.09976 | +0.004% | $596K | $118K | 25x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09994 | +0.179% | $402K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0721% | 1h | 0.09988 | +0.123% | $121.7M | $97.7M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09950 | −0.261% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus 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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP