Funding you earn now, next payment 03:00 UTC+0.0258%/8h= +28.3% APRnext payment +$0.32 per $10,000 · paid last 24h +0.028%
Price spread now: Coinbase International against Polymarket Perps+0.067%47s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as 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−$250.254% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.067%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.021% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.046%. The two prices were read 47 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 | Polymarket Perps DOGE-USD | 0.09868 | 0.0038 | pay 0.0005% / 1h | 50m 30s | $258K | $823K | 10x |
| Short | Coinbase International DOGE-PERP-INTX | 0.09875 | 0.0296 | get 0.0037% / 1h | 50m 30s | $2.3M | $26.5M | 50x |
Polymarket Perps DOGE-USD
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $54.28
- Price spread: +0.067% → +0.046%
- $2.11
- Slippage, 4 orders
- −$7.42
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $30.97
- Costs to cover
- 0.254%
- Break-even
- 3.0 days
Slippage from Polymarket Perps: live order book, 7 min ago; Coinbase International: 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 Polymarket Perps live order book, 7 min ago | 0.05 bp | 4.1 bp −$4 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 1.51 bp | 10.1 bp −$10 | 14.8 bp −$148 | 39.3 bp −$3,931 | 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 | −0.0062% | 8h | 0.09868 | −0.004% | $149.2M | $274.7M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09873 | +0.043% | $5.7M | $35.4M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09874 | +0.053% | $429K | $5.2M | 2.8x | as long as short |
| dYdX DOGE-USD | +0.0001% | 1h | 0.09873 | +0.043% | $222K | $49K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09874 | +0.054% | $23K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0013% | 1h | 0.09873 | +0.043% | $590K | $118K | 25x | as long as short |
| Polymarket Perps DOGE-USDlong | +0.0038% | 1h | 0.09868 | long leg | $258K | $823K | 10x | |
| Lighter DOGE | +0.0096% | 1h | 0.09881 | +0.123% | $745K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09871 | +0.026% | $892 | $449K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09875 | +0.067% | $523K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
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 | 0.09873 | +0.047% | $4.5M | $48.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09880 | +0.118% | $321K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09878 | +0.097% | $315.3M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09875 | +0.067% | $159.5M | $442.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09874 | +0.057% | $110.1M | $984.6M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09930 | +0.624% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09871 | +0.026% | $241.6M | $132.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09877 | +0.087% | $111.4M | $233.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09875 | +0.067% | $65.2M | $43.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09877 | +0.087% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09879 | +0.107% | $310K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09868 | −0.006% | $979K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09908 | +0.398% | $295K | $129.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09916 | +0.478% | $624K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | +0.422% | $144K | $283K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09872 | +0.036% | $69K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09870 | +0.019% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09874 | +0.059% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09873 | +0.047% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09866 | −0.028% | $5.9M | $57.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09880 | +0.118% | $90.9M | $16.5M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09890 | +0.221% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09872 | +0.035% | $495K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09870 | +0.018% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09879 | +0.112% | $527 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09875 | +0.065% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09879 | +0.107% | $15.5M | $25.0M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09913 | +0.451% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09875 | +0.066% | $309K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0296% | 1h | 0.09875 | +0.067% | $2.3M | $26.5M | 50x | |
| Hyperliquid DOGE | +0.0304% | 1h | 0.09885 | +0.165% | $120.3M | $100.0M | 10x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09886 | +0.178% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09881 | +0.123% | $399K | $411K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09940 | +0.726% | $5K | $239K | 12x | 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-USDT
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP