Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Phemex−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.037% cheaper against Phemex than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOGEUSDT | 0.09987 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $91.7M | $16.9M | 50x |
| Short | gTrade (Gains Network) DOGE/USD | 0.09983 | L +0.0001% / S 0.0000% | get 0.0000% / 1h | 30m 37s | $34K | — | 150x |
Phemex DOGEUSDT
gTrade (Gains Network) DOGE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.95
- Price spread: −0.037% → 0.000%
- −$3.65
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$46.6
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. 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 Phemex live order book, 4 min ago | 1.00 bp | 10.2 bp −$10 | 19.8 bp −$198 | 36.5 bp −$3,650 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09989 | +0.024% | $5.6M | $40.6M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09986 | −0.006% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09985 | −0.017% | $611K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USDshort | L +0.0001% / S 0.0000% | 1h | 0.09983 | −0.037% | $34K | — | 150x | |
| Polymarket Perps DOGE-USD | +0.0028% | 1h | 0.09980 | −0.073% | $266K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.437% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0064% | 8h | 0.09977 | −0.100% | $142.3M | $343.8M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09982 | −0.055% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09992 | +0.046% | $851K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09983 | −0.040% | $539K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
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 | 0.09986 | −0.009% | $4.6M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09987 | 0.000% | $320K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09988 | +0.010% | $328.5M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09982 | −0.050% | $165.3M | $520.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09987 | 0.000% | $117.7M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.030% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09984 | −0.030% | $249.6M | $156.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09989 | +0.020% | $110.8M | $257.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09987 | 0.000% | $66.5M | $50.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09985 | −0.020% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09987 | 0.000% | $304K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09984 | −0.033% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09988 | +0.012% | $303K | $140.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09992 | +0.050% | $638K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09990 | +0.030% | $150K | $338K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09989 | +0.020% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.204% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09995 | +0.075% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09988 | +0.010% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09987 | +0.003% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDTlong | +0.0100% | 8h | 0.09987 | long leg | $91.7M | $16.9M | 50x | |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09988 | +0.005% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09982 | −0.054% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09989 | +0.021% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09984 | −0.030% | $834 | $536K | 10x | as long as short |
| Hyperliquid DOGE | +0.0121% | 1h | 0.09991 | +0.038% | $124.0M | $116.4M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09984 | −0.027% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09984 | −0.030% | $16.2M | $27.0M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09989 | +0.020% | $1.9M | $34.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09986 | −0.011% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.09992 | +0.054% | $444 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0321% | 1h | 0.09991 | +0.039% | $573K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09985 | −0.020% | $23K | $305K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09992 | +0.049% | $402K | $457K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
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
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
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD
RISEx DOGE/USDC