Funding you earn now, next payment 03:00 UTC+0.0681%/8h= +74.5% APRnext payment +$0.85 per $10,000 · paid last 24h 0.000%
Price spread now: Arcus against Polymarket Perps+0.182%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.406%−$41 · spread now +0.182%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Arcus is 0.161% dearer against Polymarket Perps than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.021%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.004% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps DOGE-USD | 0.09965 | 0.0100 | pay 0.0013% / 1h | 41m 12s | $255K | $731K | 10x |
| Short | Arcus DOGE-USD | 0.09983 | 0.0781 | get 0.0098% / 1h | 41m 12s | $128K | $179K | 10x |
Polymarket Perps DOGE-USD
Arcus DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Polymarket Perps. 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
- $142.91
- Price spread: +0.182% → +0.021%
- $16.1
- Slippage, 4 orders
- −$15.23
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $131.29
- Costs to cover
- 0.277%
- Break-even
- 0.6 days
Slippage from Polymarket Perps: live order book, 22 min ago; Arcus: live order book, 18 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 Polymarket Perps live order book, 22 min ago | 2.70 bp | 6.7 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 18 min ago | 3.00 bp | 8.1 bp −$8 | 26.2 bp −$262 | 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 | 0.09973 | +0.081% | $151.1M | $273.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09964 | −0.009% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09976 | +0.114% | $443K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09971 | +0.060% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0011% | 1h | 0.09970 | +0.051% | $596K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09975 | +0.105% | $806K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09966 | +0.011% | $900 | $436K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09969 | +0.046% | $531K | $991K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09974 | +0.090% | $4.7M | $48.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09971 | +0.057% | $328K | $484K | 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 | +0.081% | $319.7M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09976 | +0.111% | $160.6M | $440.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09981 | +0.162% | $111.3M | $987.6M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09995 | +0.300% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09969 | +0.041% | $243.0M | $131.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09977 | +0.121% | $113.6M | $229.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09977 | +0.121% | $66.0M | $43.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09969 | +0.041% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09996 | +0.312% | $329K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09980 | +0.149% | $997K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1000 | +0.365% | $297K | $129.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.448% | $629K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.453% | $146K | $277K | 25x | as long as short |
| Polymarket Perps DOGE-USDlong | +0.0100% | 1h | 0.09965 | long leg | $255K | $731K | 10x | |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09969 | +0.041% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09971 | +0.061% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09969 | +0.038% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09970 | +0.051% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09971 | +0.056% | $5.9M | $56.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09975 | +0.101% | $91.8M | $16.7M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09963 | −0.020% | $549K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09966 | +0.009% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.09965 | −0.001% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09969 | +0.043% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09972 | +0.073% | $532 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09974 | +0.091% | $15.7M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09980 | +0.156% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09971 | +0.065% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09978 | +0.131% | $2.3M | $26.1M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09970 | +0.052% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0431% | 1h | 0.09982 | +0.175% | $121.8M | $100.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09974 | +0.086% | $402K | $367K | 10x | as long as short |
| Arcus DOGE-USDshort | +0.0781% | 1h | 0.09983 | +0.182% | $128K | $179K | 10x | |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1000 | +0.352% | $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
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP