Funding you earn now, next payment 01:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.032%
Price spread now: Deribit against SoDEX−0.024%7-day average +0.011% · 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−$33as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 3 days (all we have)−0.089%−$9 on $10k
+Price spread, last 3 days (all we have)+0.040%+$4 · spread now −0.024%, 7d avg +0.011%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Deribit is 0.034% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX DOGE-USD | 0.1002 | 0.0100 | pay 0.0013% / 1h | 55m 51s | $2K | $3.7M | 10x |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.1002 | 0.0089 | get 0.0011% / 1h | 55m 51s | $603K | $121K | 25x |
SoDEX DOGE-USD
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$2.31
- Price spread: −0.024% → +0.011%
- −$3.45
- Slippage, 4 orders
- −$14.66
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$35.41
- Costs to cover
- 0.297%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 3 min ago; Deribit: live order book, 18 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, 3 min ago | 0.50 bp | 4.7 bp −$5 | 8.1 bp −$81 | 150.5 bp −$15.1K | doesn't fit |
| Sell Deribit live order book, 18 min ago | 3.53 bp | 9.4 bp −$9 | 37.2 bp −$372 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.1396% | 8h | 0.1002 | −0.040% | $92.5M | $19.1M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0205% | 8h | 0.1001 | −0.130% | $152.9M | $270.9M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1002 | +0.020% | $6.0M | $33.7M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | −0.086% | $409K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1001 | −0.092% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0058% | 1h | 0.1001 | −0.092% | $225K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | +0.0089% | 1h | 0.1002 | −0.024% | $603K | $121K | 25x | |
| Lighter DOGE | +0.0096% | 1h | 0.1003 | +0.033% | $860K | $5.6M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1001 | −0.150% | $1K | $398K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | −0.192% | $513K | $977K | 10x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1002 | +0.010% | $4.9M | $46.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1002 | −0.040% | $334K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.080% | $318.7M | $1.39B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.140% | $158.0M | $436.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | −0.140% | $110.8M | $963.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1002 | −0.070% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09980 | −0.429% | $382K | $12K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.110% | $242.2M | $126.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.090% | $111.3M | $222.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | −0.030% | $66.1M | $42.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1002 | −0.040% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1003 | +0.100% | $382K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | −0.048% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | −0.406% | $258K | $121.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09979 | −0.439% | $628K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.429% | $146K | $253K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09997 | −0.263% | $265K | $567K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1002 | −0.060% | $73K | $446K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1002 | −0.064% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1002 | 0.000% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USDlong | +0.0100% | 1h | 0.1002 | long leg | $2K | $3.7M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1002 | −0.030% | $6.0M | $52.2M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1001 | −0.102% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1002 | −0.074% | $620K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | −0.090% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.1002 | −0.066% | $529 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0180% | 1h | 0.09995 | −0.279% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1000 | −0.229% | $15.3M | $25.4M | 75x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.09979 | −0.434% | $66K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1002 | +0.010% | $2.0M | $24.5M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.1001 | −0.144% | $309K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1002 | −0.061% | $317K | $478K | 10x | as long as short |
| Hyperliquid DOGE | +0.0872% | 1h | 0.1004 | +0.200% | $118.5M | $91.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1002 | −0.030% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP