Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.004%
Price spread now: dYdX against Polymarket Perps−0.222%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$880.875% of the position
Funding, last 7 days+0.272%+$27 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.222%, 7d avg +0.001%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.223% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.272%, 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 | Polymarket Perps DOGE-USD | 0.1033 | 0.0100 | pay 0.0013% / 1h | 56m 02s | $266K | $881K | 10x |
| Short | dYdX DOGE-USD | 0.1031 | 0 | get 0.0000% / 1h | 56m 02s | $231K | $48K | 10x |
Polymarket Perps DOGE-USD
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.222% → +0.001%
- −$22.3
- Slippage, 4 orders
- −$69.54
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$130.84
- Costs to cover
- 0.875%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 62 min ago; dYdX: live order book, 63 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, 62 min ago | 0.05 bp | 4.1 bp −$4 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 63 min ago | 28.73 bp | 42.7 bp −$43 | 82.7 bp −$827 | 89.9 bp −$8,990 | 219.9 bp −$109.9K |
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 | −0.0017% | 8h | 0.1046 | +1.249% | $144.3M | $302.0M | 75x | as long as short |
| dYdX DOGE-USDshort | 0.0000% | 1h | 0.1031 | −0.222% | $231K | $48K | 10x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1045 | +1.199% | $24K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1056 | +2.232% | $774K | $6.3M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1033 | +0.034% | $546K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1049 | +1.542% | $4.9M | $51.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1031 | −0.215% | $340K | $491K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1045 | +1.152% | $345.0M | $1.53B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1043 | +1.016% | $173.4M | $468.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1044 | +1.065% | $119.1M | $1.11B | 50x | as long as short |
Bitget DOGEUSDT
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −2.730% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1050 | +1.636% | $258.0M | $137.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1052 | +1.888% | $117.4M | $237.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1055 | +2.120% | $70.3M | $44.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1052 | +1.820% | — | $3.5M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1049 | +1.594% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1020 | −1.219% | $313K | $132.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1019 | −1.321% | $646K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1021 | −1.162% | $149K | $293K | 25x | as long as short |
| Polymarket Perps DOGE-USDlong | +0.0100% | 1h | 0.1033 | long leg | $266K | $881K | 10x | |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1049 | +1.539% | $74K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1049 | +1.503% | $26K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1050 | +1.629% | $37K | $2.2M | 30x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1057 | +2.287% | $6.3M | $60.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1053 | +1.955% | $96.8M | $17.0M | 50x | as long as short |
| Katana Perps DOGE-USD | +0.0101% | 8h | 0.1033 | 0.000% | $1K | $475K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1032 | −0.088% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1053 | +1.892% | $515K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1047 | +1.402% | $20K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0191% | 1h | 0.1033 | −0.003% | $2K | — | 20x | as long as short |
| Kalshi KXDOGEPERP | +0.0200% | 8h | 0.1050 | +1.672% | $633K | $5.8M | 2.8x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1029 | −0.407% | $16.3M | $26.4M | 75x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0221% | 1h | 0.1052 | +1.801% | $342K | $1.2M | 15x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.1033 | +0.032% | $551 | $4K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0238% | 1h | 0.1055 | +2.125% | $6.1M | $36.4M | 50x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1022 | −1.044% | $66K | $292K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0258% / S −0.0299% | 1h | 0.1042 | +0.916% | $345K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1055 | +2.081% | $2.1M | $30.2M | 50x | as long as short |
| SoDEX DOGE-USD | +0.0395% | 1h | 0.1052 | +1.859% | $21K | $4.4M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1035 | +0.145% | $113K | $199K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0675% | 1h | 0.1049 | +1.593% | $617K | $137K | 25x | as long as short |
| Hyperliquid DOGE | +0.0680% | 1h | 0.1053 | +1.936% | $129.0M | $104.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1034 | +0.076% | $419K | $423K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1030 | −0.290% | $6K | $239K | 12x | as long as short |
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Katana Perps DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
Kalshi KXDOGEPERP
BloFin DOGE-USDT
Backpack DOGE_USDC_PERP
01 Exchange DOGEUSD
Kraken Futures PF_DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
SoDEX DOGE-USD
Arcus DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP