Funding you earn now, next payment 01:00 UTC+0.0701%/8h= +76.8% APRpaid last 24h +0.151%
Price spread now: RISEx against Phemex−0.040%7-day average +0.030% · 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−$55as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 3 days (all we have)+0.321%+$32 on $10k
+Price spread, last 3 days (all we have)+0.095%+$10 · spread now −0.040%, 7d avg +0.030%
=Funding pays, the price is against you. RISEx is 0.070% cheaper against Phemex than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.030%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day). At the pace of the last 3 days (+0.321% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOGEUSDT | 0.1001 | 0.0000 | pay 0.0000% / 8h | 7h 54m | $92.4M | $19.1M | 50x |
| Short | RISEx DOGE/USDC | 0.1000 | 0.0701 | get 0.0088% / 1h | 54m 21s | $316K | $478K | 10x |
Phemex DOGEUSDT
RISEx DOGE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $147.27
- Price spread: −0.040% → +0.030%
- −$7
- Slippage, 4 orders
- −$29.71
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $92.55
- Costs to cover
- 0.477%
- Break-even
- 2.6 days
Slippage from Phemex: live order book, 5 min ago; RISEx: live order book, 19 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, 5 min ago | 4.01 bp | 13.5 bp −$14 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 19 min ago | 3.02 bp | 6.0 bp −$6 | 11.5 bp −$115 | 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 | −0.0204% | 8h | 0.09998 | −0.090% | $152.7M | $270.4M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1001 | +0.031% | $6.0M | $33.7M | 50x | as long as short |
| Gate DOGE_USDT | −0.0017% | 8h | 0.09999 | −0.080% | $241.9M | $126.5M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09981 | −0.264% | $409K | $4.8M | 2.8x | as long as short |
| Phemex DOGEUSDTlong | 0.0000% | 8h | 0.1001 | long leg | $92.4M | $19.1M | 50x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1000 | −0.044% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0035% | 1h | 0.09987 | −0.197% | $224K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0070% | 1h | 0.1001 | +0.030% | $602K | $121K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | +0.065% | $859K | $5.6M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1000 | −0.060% | $1K | $398K | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Gate DOGE_USDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.09998 | −0.090% | $513K | $977K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1000 | −0.053% | $4.9M | $46.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09989 | −0.183% | $333K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1000 | −0.054% | $318.3M | $1.39B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1000 | −0.030% | $157.9M | $436.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | +0.020% | $110.2M | $963.1M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1000 | −0.060% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09980 | −0.270% | $382K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1000 | −0.060% | $110.9M | $222.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09999 | −0.080% | $65.9M | $42.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1000 | −0.040% | — | $76.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09980 | −0.270% | $380K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.111% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09996 | −0.114% | $261K | $121.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | −0.013% | $629K | $4.6M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09993 | −0.137% | $264K | $567K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | −0.010% | $73K | $446K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.009% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | +0.041% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | +0.020% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1001 | +0.004% | $6.0M | $52.3M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09992 | −0.150% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1001 | −0.020% | $616K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09999 | −0.076% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.1000 | −0.026% | $528 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0180% | 1h | 0.09998 | −0.091% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09980 | −0.270% | $15.2M | $25.3M | 75x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.1001 | −0.006% | $67K | $283K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1001 | +0.050% | $2.0M | $24.6M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.09999 | −0.078% | $308K | — | 200x | as long as short |
| ApeX Omni DOGEUSDT | +0.0539% | 1h | 0.1001 | +0.030% | $147K | $253K | 25x | as long as short |
| RISEx DOGE/USDCshort | +0.0701% | 1h | 0.1000 | −0.040% | $316K | $478K | 10x | |
| Hyperliquid DOGE | +0.0796% | 1h | 0.1001 | +0.050% | $118.4M | $91.0M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1002 | +0.130% | $5K | $239K | 12x | as long as short |
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
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
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
ApeX Omni DOGEUSDT
Hyperliquid DOGE
Injective DOGE/USDC PERP