Funding you earn now, next payment 02:00 UTC−0.0140%/8h= −15.4% APRnext payment −$0.18 per $10,000 · paid last 24h +0.009%
Price spread now: ApeX Omni against Phoenix+0.203%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$550.546% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)−0.307%−$31 · spread now +0.203%, 7d avg −0.004%
=The price spread pays, funding is against you. ApeX Omni is 0.207% dearer against Phoenix than usual: you sell high and buy low (spread +0.203% now, against its 7-day average of −0.004%): +$21 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.222%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DOGE | 0.09990 | 0.0240 | pay 0.0030% / 1h | 38m 42s | $65K | $288K | 10x |
| Short | ApeX Omni DOGEUSDT | 0.1001 | 0.0100 | get 0.0013% / 1h | 38m 42s | $146K | $277K | 25x |
Phoenix DOGE
ApeX Omni DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- −$29.46
- Price spread: +0.203% → −0.004%
- $20.68
- Slippage, 4 orders
- −$37.58
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$63.36
- Costs to cover
- 0.546%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 19 min ago; ApeX Omni: live order book, 23 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 Phoenix live order book, 19 min ago | 1.00 bp | 12.4 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 23 min ago | 5.00 bp | 19.8 bp −$20 | 54.2 bp −$542 | 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 | −0.0093% | 8h | 0.09964 | −0.257% | $150.9M | $273.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09967 | −0.232% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09973 | −0.171% | $443K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09953 | −0.370% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0021% | 1h | 0.09953 | −0.365% | $595K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09981 | −0.087% | $804K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09963 | −0.267% | $900 | $436K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09966 | −0.237% | $531K | $991K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09961 | −0.291% | $4.7M | $48.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09974 | −0.154% | $328K | $483K | 20x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09973 | −0.164% | $319.7M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09971 | −0.187% | $160.4M | $440.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09975 | −0.147% | $111.4M | $987.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09995 | +0.051% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09955 | −0.347% | $242.8M | $132.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09972 | −0.177% | $112.7M | $230.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09957 | −0.327% | $65.9M | $43.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09962 | −0.277% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09954 | −0.357% | $328K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09971 | −0.192% | $997K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09974 | −0.158% | $297K | $129.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.198% | $629K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDTshort | +0.0100% | 1h | 0.1001 | +0.203% | $146K | $277K | 25x | |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09960 | −0.297% | $255K | $731K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09953 | −0.367% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09951 | −0.383% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09955 | −0.349% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09952 | −0.377% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09951 | −0.386% | $5.9M | $56.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09955 | −0.347% | $91.7M | $16.7M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.09971 | −0.191% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09956 | −0.340% | $541K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09953 | −0.367% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09962 | −0.276% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09970 | −0.196% | $531 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09951 | −0.387% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGElong | +0.0240% | 1h | 0.09990 | long leg | $65K | $288K | 10x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09952 | −0.373% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09963 | −0.267% | $2.3M | $26.0M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09950 | −0.399% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0441% | 1h | 0.09982 | −0.074% | $121.9M | $99.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09972 | −0.177% | $401K | $368K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09978 | −0.117% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1002 | +0.303% | $5K | $239K | 12x | as long as short |
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
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP