DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0624%/8h= −68.4% APRnext payment −$0.78 per $10,000 · paid last 24h −0.180%

Price spread now: Deribit against RISEx−0.076%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on RISEx Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.477%−$48 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.076%, 7d avg −0.041%

Together, before fees−0.501%−$50 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Deribit is 0.035% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.041%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DOGE/USDC	0.09923	0.0717	pay 0.0090% / 1h	48m 53s	$399K	$455K	10x
Short	Deribit DOGE_USDC-PERPETUAL	0.09915	0.0093	get 0.0012% / 1h	48m 53s	$560K	$287K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee DeribitbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$131.08
Price spread: −0.076% → −0.041%: −$3.46
Slippage, 4 orders: −$15.07
Fee RISEx: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$162.61
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from RISEx: live order book, 49 min ago; Deribit: live order book, 50 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 RISEx live order book, 49 min ago	1.51 bp	4.5 bp −$5	9.9 bp −$99	doesn't fit	doesn't fit
Sell Deribit live order book, 50 min ago	4.54 bp	9.0 bp −$9	14.4 bp −$144	doesn't fit	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
Kraken Futures PF_DOGEUSD	−0.0096%	1h	0.09913	−0.104%	$5.5M	$40.8M	50x	as long as short
Bitget DOGEUSDT	−0.0009%	8h	0.09900	−0.231%	$140.7M	$348.0M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09914	−0.089%	$549K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09909	−0.143%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.118%	$6K	$242K	12x	as long as short
Phoenix DOGE	+0.0081%	1h	0.09916	−0.070%	$18K	$386K	10x	as long as short
Deribit DOGE_USDC-PERPETUALshort	+0.0093%	1h	0.09915	−0.076%	$560K	$287K	25x
Lighter DOGE	+0.0096%	1h	0.09918	−0.051%	$828K	$6.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09913	−0.100%	$1K	$545K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09910	−0.130%	$536K	$1.1M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid DOGE	+0.0100%	1h	0.09915	−0.083%	$123.6M	$117.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09911	−0.118%	$4.9M	$59.3M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09914	−0.093%	$322K	$490K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09912	−0.110%	$328.5M	$1.72B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09907	−0.161%	$164.1M	$522.8M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09911	−0.120%	$115.4M	$1.20B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09918	−0.050%	$16K	$306K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09885	−0.382%	$377K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09904	−0.191%	$250.7M	$152.9M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09909	−0.140%	$117.6M	$258.1M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09909	−0.140%	$66.1M	$50.0M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09910	−0.130%	—	$53.6M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09910	−0.130%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09918	−0.051%	$1.1M	$8.5M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09900	−0.229%	$300K	$139.3M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09908	−0.148%	$627K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09910	−0.130%	$142K	$346K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09915	−0.075%	$258K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09909	−0.140%	$71K	$469K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09908	−0.147%	$18K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09916	−0.070%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09913	−0.100%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09917	−0.060%	$5.9M	$69.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09910	−0.130%	$90.6M	$16.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09915	−0.080%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09903	−0.201%	$481K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09910	−0.129%	$19K	—	3x	as long as short
dYdX DOGE-USD	+0.0166%	1h	0.09916	−0.068%	$223K	$64K	10x	as long as short
Reya DOGERUSDPERP	+0.0201%	1h	0.09909	−0.142%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0208%	1h	0.09919	−0.040%	$1.9M	$35.0M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09913	−0.100%	$15.5M	$26.8M	75x	as long as short
01 Exchange DOGEUSD	+0.0240%	1h	0.09921	−0.018%	$441	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0286% / S −0.0375%	1h	0.09909	−0.140%	$413K	—	200x	as long as short
RISEx DOGE/USDClong	+0.0717%	1h	0.09923	long leg	$399K	$455K	10x