Funding you earn now, next payment 05:00 UTC−0.0110%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against SoDEX−4.159%7-day average +0.023% · 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−$444as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 3 days (all we have)+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+4.101%+$410 · spread now −4.159%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bulk is 4.182% cheaper against SoDEX than usual: you would sell low and buy high (−$418 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX DOGE-USD | 0.1048 | 0.0210 | pay 0.0026% / 1h | 55m 08s | $2K | $4.7M | 10x |
| Short | Bulk DOGE-USD | 0.1005 | 0.0100 | get 0.0013% / 1h | 55m 08s | $386K | $859 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against SoDEX. 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
- −$23.2
- Price spread: −4.159% → +0.023%
- −$418.22
- Slippage, 4 orders
- −$11.27
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$467.68
- Costs to cover
- 0.263%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 4 min ago; Bulk: live order book, 64 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 SoDEX live order book, 4 min ago | 0.49 bp | 4.7 bp −$5 | 8.5 bp −$85 | 140.7 bp −$14.1K | doesn't fit |
| Sell Bulk live order book, 64 min ago | 5.04 bp | 8.5 bp −$9 | 10.5 bp −$105 | 17.8 bp −$1,782 | 24.8 bp −$12.4K |
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 | −0.0015% | 8h | 0.1049 | +0.067% | $143.0M | $304.3M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1049 | +0.045% | $235K | $59K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1048 | −0.057% | $616K | $167K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1050 | +0.165% | $25K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1049 | +0.088% | $769K | $6.3M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1048 | −0.072% | $567K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1050 | +0.143% | $4.9M | $52.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1051 | +0.276% | $346K | $491K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1050 | +0.114% | $346.6M | $1.54B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1050 | +0.181% | $173.5M | $474.1M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1049 | +0.076% | $118.4M | $1.12B | 50x | as long as short |
| Bulk DOGE-USDshort | +0.0100% | 1h | 0.1005 | −4.159% | $386K | $859 | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1048 | 0.000% | $257.6M | $138.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1050 | +0.143% | $117.8M | $238.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1048 | −0.019% | $69.5M | $44.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1049 | +0.038% | — | $3.5M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1049 | +0.102% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1027 | −2.054% | $312K | $133.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1028 | −1.906% | $651K | $4.5M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1047 | −0.114% | $268K | $883K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1049 | +0.038% | $74K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1049 | +0.055% | $26K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1049 | +0.022% | $37K | $2.2M | 30x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1047 | −0.103% | $6.3M | $61.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1049 | +0.086% | $96.5M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0103% | 8h | 0.1046 | −0.183% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1048 | −0.070% | $512K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1045 | −0.330% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0128% | 8h | 0.1050 | +0.134% | $882 | $477K | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0174% | 1h | 0.1027 | −2.041% | $149K | $293K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0191% | 1h | 0.1048 | −0.051% | $2K | — | 20x | as long as short |
| SoDEX DOGE-USDlong | +0.0210% | 1h | 0.1048 | long leg | $2K | $4.7M | 10x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1047 | −0.153% | $16.4M | $27.4M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0240% | 1h | 0.1048 | −0.020% | $6.0M | $36.5M | 50x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1022 | −2.497% | $66K | $292K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.1049 | +0.040% | $466 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0260% / S −0.0317% | 1h | 0.1049 | +0.048% | $343K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1049 | +0.067% | $2.1M | $31.0M | 50x | as long as short |
| Kalshi KXDOGEPERP | +0.0307% | 8h | 0.1050 | +0.121% | $729K | $6.0M | 2.8x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0404% | 1h | 0.1050 | +0.105% | $346K | $1.2M | 15x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1049 | +0.048% | $114K | $199K | 10x | as long as short |
| Hyperliquid DOGE | +0.0649% | 1h | 0.1051 | +0.210% | $129.1M | $105.4M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1049 | +0.095% | $424K | $426K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +0.439% | $6K | $242K | 12x | as long as short |
SoDEX DOGE-USD
Bulk DOGE-USD
Bitget DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Katana Perps DOGE-USD
ApeX Omni DOGEUSDT
BloFin DOGE-USDT
Kraken Futures PF_DOGEUSD
Phoenix DOGE
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kalshi KXDOGEPERP
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP