Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.8% APRpaid last 24h +0.049%
Price spread now: GMX against Variational Omni+0.726%50s7-day average +0.064% · 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)+0.142%+$14 on $10k
+Price spread, last 3 days (all we have)−0.597%−$60 · spread now +0.726%, 7d avg +0.064%
=Together, before fees−0.455%+ Points / potential airdropVariational Omni: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.662% dearer against Variational Omni than usual: you sell high and buy low: +$66 more if the spread goes back to its 7-day average of +0.064%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni DOGE | 0.1001 | 0.0100 | pay 0.0100% / 8h | 57m 36s | $1.0M | $8.1M | — |
| Short | GMX DOGE/USD [ETH-USDC] | 0.1008 | L +0.0245% / S −0.0235% | get 0.0029% / 1h | 57m 36s | $329K | — | 200x |
Variational Omni DOGE
GMX DOGE/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- $28.37
- Price spread: +0.726% → +0.064%
- $66.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $82.56
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; 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 Variational Omni RFQ quote, 2 min ago | 9.98 bp | doesn't fit | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 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 | −0.0253% | 8h | 0.1007 | +0.628% | $153.7M | $267.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1007 | +0.650% | $415K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1008 | +0.730% | $33K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0048% | 1h | 0.1008 | +0.762% | $610K | $109K | 25x | as long as short |
| dYdX DOGE-USD | +0.0069% | 1h | 0.1007 | +0.663% | $226K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1002 | +0.174% | $66K | $221K | 10x | as long as short |
| Gate DOGE_USDT | +0.0092% | 8h | 0.1007 | +0.658% | $242.8M | $124.6M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1008 | +0.735% | $794K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1008 | +0.698% | $1K | $377K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.723% | $596K | $890K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
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 | 0.1008 | +0.702% | $5.0M | $44.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1007 | +0.685% | $336K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.694% | $320.5M | $1.33B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1007 | +0.668% | $159.0M | $425.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1008 | +0.708% | $109.9M | $940.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1008 | +0.778% | $28K | $77K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1004 | +0.301% | $385K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1008 | +0.688% | $116.0M | $217.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1007 | +0.678% | $66.4M | $41.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.718% | — | $74.8M | — | as long as short |
| Variational Omni DOGElong | +0.0100% | 8h | 0.1001 | long leg | $1.0M | $8.1M | — | |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | +0.250% | $275K | $116.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.069% | $638K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1003 | +0.238% | $147K | $246K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1007 | +0.658% | $263K | $549K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1008 | +0.738% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.725% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1009 | +0.791% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1008 | +0.748% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.748% | $6.0M | $50.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.758% | $93.3M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1007 | +0.677% | $18K | $5K | 30x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0104% | 1h | 0.1008 | +0.757% | $6.0M | $32.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1007 | +0.683% | $557K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1008 | +0.735% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0178% | 1h | 0.1007 | +0.667% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1005 | +0.408% | $15.3M | $25.0M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0232% | 1h | 0.1009 | +0.794% | $533 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1009 | +0.808% | $2.0M | $23.9M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0245% / S −0.0235% | 1h | 0.1008 | +0.726% | $329K | — | 200x | |
| Backpack DOGE_USDC_PERP | +0.0580% | 1h | 0.1009 | +0.818% | $539K | $959K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.1008 | +0.786% | $316K | $475K | 10x | as long as short |
| Hyperliquid DOGE | +0.0856% | 1h | 0.1009 | +0.798% | $115.2M | $85.4M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1005 | +0.438% | $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
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Kraken Futures PF_DOGEUSD
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP