Funding you earn now, next payment 21:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.022%
Price spread now: Aster against Phoenix+0.024%85s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 3 days (all we have)−0.212%−$21 · spread now +0.024%, 7d avg −0.039%
=Together, before fees−0.030%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.064% dearer against Phoenix than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.039%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DOGE | 0.09900 | 0.0080 | pay 0.0010% / 1h | 39m 58s | $15K | $225K | 10x |
| Short | Aster DOGEUSDT | 0.09902 | 0.0100 | get 0.0100% / 8h | 2h 39m | $4.9M | $40.2M | 75x |
Phoenix DOGE
Aster DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $4.24
- Price spread: +0.024% → −0.039%
- $6.37
- Slippage, 4 orders
- −$21.69
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$26.09
- Costs to cover
- 0.367%
- Break-even
- 50.1 days
Slippage from Phoenix: live order book, 43 min ago; Aster: live order book, 4 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, 43 min ago | 1.01 bp | 12.3 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 2.02 bp | 6.0 bp −$6 | 6.1 bp −$61 | 14.6 bp −$1,459 | 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 | −0.0279% | 8h | 0.09885 | −0.147% | $151.9M | $259.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09910 | +0.103% | $364K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09904 | +0.046% | $619K | $88K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09901 | +0.015% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0062% | 8h | 0.09907 | +0.075% | $235.4M | $118.6M | 75x | as long as short |
| dYdX DOGE-USD | +0.0065% | 1h | 0.09899 | −0.002% | $222K | $44K | 10x | as long as short |
| Phoenix DOGElong | +0.0080% | 1h | 0.09900 | long leg | $15K | $225K | 10x | |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09901 | +0.014% | $827 | $334K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09915 | +0.156% | $781K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09904 | +0.044% | $629K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
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 DOGEUSDTshort | +0.0100% | 8h | 0.09902 | +0.024% | $4.9M | $40.2M | 75x | |
| Pacifica DOGE | +0.0100% | 1h | 0.09901 | +0.018% | $337K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09904 | +0.043% | $316.8M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09898 | −0.016% | $155.6M | $395.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09900 | +0.004% | $107.7M | $884.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09902 | +0.024% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09919 | +0.195% | $380K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09911 | +0.115% | $121.7M | $213.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09911 | +0.115% | $65.3M | $38.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09905 | +0.055% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09888 | −0.122% | $934K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09896 | −0.035% | $263K | $111.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09894 | −0.060% | $622K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09900 | +0.004% | $141K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09904 | +0.042% | $274K | $545K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09903 | +0.034% | $72K | $358K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09900 | +0.007% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09904 | +0.047% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09902 | +0.024% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09899 | −0.003% | $6.0M | $46.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09912 | +0.125% | $92.0M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09898 | −0.018% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09892 | −0.078% | $549K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09903 | +0.038% | $19K | — | 3x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0165% | 1h | 0.09916 | +0.166% | $525K | $904K | 15x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09905 | +0.056% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09903 | +0.034% | $15.3M | $23.7M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09899 | −0.009% | $523 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09905 | +0.055% | $2.0M | $22.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09900 | +0.003% | $305K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09906 | +0.067% | $6.8M | $30.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0505% | 1h | 0.09921 | +0.217% | $110.7M | $77.8M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09904 | +0.042% | $312K | $469K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09920 | +0.206% | $5K | $153K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Backpack DOGE_USDC_PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP