Funding you earn now, next payment 03:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.026%
Price spread now: Phoenix against 01 Exchange−0.482%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.482% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.482% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 2 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange DOGEUSD | 0.1011 | 0.0216 | pay 0.0027% / 1h | 3m 02s | $539 | $4K | 10x |
| Short | Phoenix DOGE | 0.1006 | 0.0242 | get 0.0030% / 1h | 3m 02s | $65K | $288K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against 01 Exchange. 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
- $5.55
- Price spread: −0.482% → 0.000%
- −$48.19
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$56.63
- Costs to cover
- 0.140%
- Break-even
- 78.4 days
Slippage unknown: 01 Exchange: no order-book sample; Phoenix: live order book, 50 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 50 min ago | 1.01 bp | 12.3 bp −$12 | 43.0 bp −$430 | doesn't fit | doesn't fit |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1010 | −0.041% | $5.7M | $35.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0025% | 8h | 0.1011 | −0.007% | $152.4M | $278.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1010 | −0.032% | $479K | $5.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1011 | −0.011% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0011% | 1h | 0.1008 | −0.234% | $226K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1011 | +0.027% | $738K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1010 | −0.076% | $2K | $470K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1011 | +0.033% | $531K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.003% | $4.7M | $50.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1009 | −0.208% | $327K | $484K | 20x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1011 | −0.006% | $330.1M | $1.49B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.027% | $165.8M | $452.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1010 | −0.037% | $116.1M | $1.04B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −0.581% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1010 | −0.066% | $249.2M | $136.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1011 | −0.007% | $113.2M | $237.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1010 | −0.027% | $67.4M | $44.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1010 | −0.106% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1011 | −0.007% | $321K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1006 | −0.445% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1005 | −0.581% | $305K | $131.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1009 | −0.194% | $638K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1005 | −0.561% | $147K | $292K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1011 | −0.007% | $262K | $877K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1011 | −0.007% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1011 | −0.012% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1012 | +0.135% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1010 | −0.027% | $2K | $4.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1010 | −0.063% | $6.1M | $59.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1011 | −0.017% | $92.9M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1009 | −0.173% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1010 | −0.060% | $496K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1011 | −0.007% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0166% | 1h | 0.1011 | −0.011% | $604K | $119K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1011 | +0.020% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSDlong | +0.0216% | 1h | 0.1011 | long leg | $539 | $4K | 10x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1011 | +0.013% | $16.0M | $25.7M | 75x | as long as short |
| Phoenix DOGEshort | +0.0242% | 1h | 0.1006 | −0.482% | $65K | $288K | 10x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0267% | 1h | 0.1011 | −0.015% | $314K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0265% | 1h | 0.1011 | +0.061% | $123.8M | $102.4M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1012 | +0.112% | $2.1M | $28.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1012 | +0.092% | $110K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1011 | +0.033% | $410K | $415K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1015 | +0.428% | $5K | $239K | 12x | as long as short |
01 Exchange DOGEUSD
Phoenix DOGE
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP