Funding you earn now, next payment 22:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.013%
Price spread now: Bybit against Reya−0.076%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.076% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya DOGERUSDPERP | 0.09845 | 0.0174 | pay 0.0022% / 1h | 30m 14s | $2K | — | 20x |
| Short | Bybit DOGEUSDT | 0.09838 | 0.0100 | get 0.0100% / 8h | 2h 30m | $155.9M | $396.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Reya. 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
- −$15.48
- Price spread: −0.076% → 0.000%
- −$7.6
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$40.08
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.51 bp | 7.2 bp −$7 | 15.1 bp −$151 | 26.8 bp −$2,682 | 48.0 bp −$24.0K |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.09833 | −0.127% | $151.3M | $260.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09856 | +0.105% | $358K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09845 | −0.009% | $615K | $103K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09844 | −0.020% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0064% | 8h | 0.09842 | −0.035% | $234.2M | $119.4M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09840 | −0.054% | $15K | $225K | 10x | as long as short |
| dYdX DOGE-USD | +0.0091% | 1h | 0.09861 | +0.156% | $221K | $44K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09855 | +0.097% | $1K | $336K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09845 | −0.009% | $781K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09851 | +0.061% | $625K | $694K | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09847 | +0.018% | $4.8M | $40.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09858 | +0.125% | $335K | $505K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09844 | −0.016% | $312.3M | $1.26B | 75x | as long as short |
| Bybit DOGEUSDTshort | +0.0100% | 8h | 0.09838 | −0.076% | $155.9M | $396.8M | 75x | |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09845 | −0.005% | $107.5M | $880.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09863 | +0.178% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09838 | −0.076% | $377K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09847 | +0.015% | $117.5M | $214.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09852 | +0.066% | $64.7M | $39.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09844 | −0.015% | — | $73.3M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09851 | +0.057% | $915K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09847 | +0.020% | $261K | $112.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09867 | +0.218% | $627K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09840 | −0.056% | $140K | $223K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09847 | +0.012% | $270K | $528K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09844 | −0.015% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09841 | −0.046% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09861 | +0.158% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09844 | −0.015% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09855 | +0.097% | $5.9M | $46.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09843 | −0.025% | $91.3M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09858 | +0.128% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09839 | −0.063% | $548K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09845 | −0.006% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERPlong | +0.0174% | 1h | 0.09845 | long leg | $2K | — | 20x | |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09859 | +0.139% | $521 | $4K | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0214% | 1h | 0.09868 | +0.229% | $521K | $931K | 15x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09860 | +0.147% | $15.1M | $23.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09856 | +0.107% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09843 | −0.026% | $303K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0291% | 1h | 0.09839 | −0.063% | $5.9M | $31.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0428% | 1h | 0.09861 | +0.157% | $109.0M | $78.8M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09866 | +0.203% | $309K | $472K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09880 | +0.351% | $32K | $153K | 12x | as long as short |
Bybit DOGEUSDT
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
01 Exchange DOGEUSD
Backpack DOGE_USDC_PERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP