Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.029%
Price spread now: GMX against Reya+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. GMX is 0.032% dearer against Reya than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya DOGERUSDPERP | 0.09797 | 0.0211 | pay 0.0026% / 1h | 9m 39s | $2K | — | 20x |
| Short | GMX DOGE/USD [ETH-USDC] | 0.09800 | L +0.0206% / S −0.0201% | get 0.0025% / 1h | 9m 39s | $277K | — | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$2.05
- Price spread: +0.032% → 0.000%
- $3.23
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$16.81
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample | — | — | — | — | — |
Reya and GMX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0080% | 1h | 0.09803 | +0.058% | $5.3M | $38.5M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0056% | 8h | 0.09816 | +0.192% | $138.7M | $288.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09802 | +0.048% | $500K | $6.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09801 | +0.035% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.479% | $6K | $240K | 12x | as long as short |
| Bybit DOGEUSDT | +0.0035% | 8h | 0.09814 | +0.171% | $165.1M | $490.7M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0046% | 1h | 0.09803 | +0.062% | $546K | $292K | 25x | as long as short |
| dYdX DOGE-USD | +0.0049% | 1h | 0.09815 | +0.183% | $230K | $75K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09825 | +0.281% | $798K | $6.3M | 15x | as long as short |
| Gate DOGE_USDT | +0.0097% | 8h | 0.09814 | +0.171% | $252.7M | $145.4M | 75x | as long as short |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09800 | +0.028% | $938 | $528K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09815 | +0.182% | $18K | $5K | 30x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09803 | +0.064% | $510K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09829 | +0.328% | $121.8M | $105.2M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09816 | +0.192% | $5.0M | $57.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09820 | +0.232% | $314K | $459K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09818 | +0.217% | $324.0M | $1.59B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09819 | +0.222% | $116.6M | $1.09B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09806 | +0.089% | $16K | $308K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09818 | +0.212% | $122.1M | $255.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09817 | +0.202% | $64.4M | $44.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09817 | +0.202% | — | $45.9M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09803 | +0.059% | $308K | $1.0M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09797 | −0.004% | $1.2M | $7.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09815 | +0.182% | $256K | $123.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09815 | +0.185% | $628K | $3.9M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09820 | +0.232% | $138K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09798 | +0.008% | $194K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09799 | +0.018% | $67K | $403K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09798 | +0.013% | $18K | $6K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09805 | +0.081% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09801 | +0.038% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09805 | +0.077% | $6.0M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09803 | +0.059% | $89.0M | $15.7M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09815 | +0.181% | $375K | $3K | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09812 | +0.151% | $499K | $3.2M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09800 | +0.027% | $19K | — | 3x | as long as short |
| Phoenix DOGE | +0.0163% | 1h | 0.09818 | +0.215% | $18K | $306K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09806 | +0.085% | $451 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0206% / S −0.0201% | 1h | 0.09800 | +0.032% | $277K | — | 200x | |
| Reya DOGERUSDPERPlong | +0.0211% | 1h | 0.09797 | long leg | $2K | — | 20x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09808 | +0.110% | $15.3M | $25.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09811 | +0.141% | $2.3M | $32.7M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0631% | 1h | 0.09807 | +0.105% | $405K | $382K | 10x | as long as short |
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Bybit DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Gate DOGE_USDT
Katana Perps DOGE-USD
Paradex DOGE-USD-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
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
Bulk DOGE-USD
Extended DOGE-USD
Phoenix DOGE
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC