Funding you earn now, next payment 22:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h −0.014%
Price spread now: SoDEX against Reya+0.126%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. SoDEX is 0.126% dearer against Reya than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya DOGERUSDPERP | 0.09912 | 0.0175 | pay 0.0022% / 1h | 4m 05s | $2K | — | 20x |
| Short | SoDEX DOGE-USD | 0.09925 | 0.0100 | get 0.0013% / 1h | 4m 05s | $2K | $3.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$15.71
- Price spread: +0.126% → 0.000%
- $12.65
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$17.06
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; SoDEX: live order book, 5 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 SoDEX live order book, 5 min ago | 0.50 bp | 4.7 bp −$5 | 8.1 bp −$81 | 155.1 bp −$15.5K | doesn't fit |
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 | −0.0278% | 8h | 0.09927 | +0.147% | $152.2M | $261.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09921 | +0.091% | $368K | $4.4M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09926 | +0.141% | $620K | $106K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09920 | +0.080% | $32K | — | 150x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09951 | +0.386% | $15K | $225K | 10x | as long as short |
| Gate DOGE_USDT | +0.0080% | 8h | 0.09929 | +0.167% | $236.4M | $121.2M | 75x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09913 | +0.005% | $839 | $345K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09927 | +0.146% | $752K | $5.2M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09909 | −0.040% | $617K | $703K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09929 | +0.168% | $4.9M | $40.7M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09917 | +0.046% | $334K | $496K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09935 | +0.227% | $314.6M | $1.27B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09931 | +0.187% | $158.8M | $399.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09936 | +0.237% | $108.8M | $895.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09921 | +0.086% | $28K | $76K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09931 | +0.187% | $110.1M | $221.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09929 | +0.167% | $65.0M | $39.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09934 | +0.217% | — | $73.5M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09902 | −0.105% | $931K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09933 | +0.209% | $267K | $112.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09924 | +0.120% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | +0.076% | $144K | $228K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09909 | −0.040% | $271K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09922 | +0.096% | $57K | $396K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09922 | +0.096% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09918 | +0.054% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.09925 | +0.126% | $2K | $3.4M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09931 | +0.187% | $5.9M | $47.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09931 | +0.187% | $92.1M | $19.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09947 | +0.349% | $381K | $14K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09915 | +0.026% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09921 | +0.085% | $547K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09924 | +0.115% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0109% | 1h | 0.09913 | +0.003% | $223K | $44K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09916 | +0.038% | $524 | $4K | 10x | as long as short |
| Reya DOGERUSDPERPlong | +0.0175% | 1h | 0.09912 | long leg | $2K | — | 20x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09910 | −0.025% | $15.1M | $23.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09925 | +0.126% | $2.0M | $22.5M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0247% | 1h | 0.09920 | +0.073% | $317K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0252% | 1h | 0.09939 | +0.268% | $525K | $931K | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0288% | 1h | 0.09925 | +0.126% | $6.0M | $31.9M | 50x | as long as short |
| Hyperliquid DOGE | +0.0411% | 1h | 0.09943 | +0.313% | $109.4M | $79.9M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09921 | +0.085% | $311K | $474K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09960 | +0.480% | $5K | $180K | 12x | as long as short |
SoDEX DOGE-USD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Gate DOGE_USDT
Katana Perps DOGE-USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
HTX DOGE-USDT
Phemex DOGEUSDT
Bulk DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP