Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.003%
Price spread now: dYdX against ApeX Omni−0.536%50s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1091.090% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.536%, 7d avg −0.052%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.485% cheaper against ApeX Omni than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.052%). Swap the legs. 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 | ApeX Omni DOGEUSDT | 0.09990 | 0.0100 | pay 0.0013% / 1h | 28m 14s | $146K | $278K | 25x |
| Short | dYdX DOGE-USD | 0.09936 | 0 | get 0.0000% / 1h | 28m 14s | $223K | $49K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against ApeX 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
- −$21
- Price spread: −0.536% → −0.052%
- −$48.47
- Slippage, 4 orders
- −$89.03
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$178.51
- Costs to cover
- 1.090%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 34 min ago; dYdX: live order book, 36 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 ApeX Omni live order book, 34 min ago | 5.00 bp | 10.0 bp −$10 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 36 min ago | 33.36 bp | 38.4 bp −$38 | 157.5 bp −$1,575 | 260.5 bp −$26.0K | 397.5 bp −$198.8K |
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 | −0.0088% | 8h | 0.09936 | −0.541% | $150.4M | $273.5M | 75x | as long as short |
| dYdX DOGE-USDshort | 0.0000% | 1h | 0.09936 | −0.536% | $223K | $49K | 10x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09939 | −0.513% | $441K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09935 | −0.552% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0072% | 1h | 0.09937 | −0.532% | $594K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09943 | −0.474% | $773K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09940 | −0.501% | $994 | $444K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09939 | −0.506% | $530K | $993K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09940 | −0.500% | $4.7M | $48.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09944 | −0.460% | $327K | $483K | 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 | 0.09939 | −0.509% | $318.7M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09940 | −0.501% | $160.2M | $442.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09938 | −0.521% | $111.1M | $984.8M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09985 | −0.052% | $383K | $2K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09934 | −0.561% | $241.9M | $132.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09939 | −0.511% | $111.6M | $230.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09937 | −0.531% | $65.7M | $43.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09939 | −0.511% | — | $76.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09936 | −0.541% | $327K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09990 | +0.005% | $989K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09969 | −0.212% | $297K | $130.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09994 | +0.037% | $633K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDTlong | +0.0100% | 1h | 0.09990 | long leg | $146K | $278K | 25x | |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09932 | −0.585% | $253K | $734K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09933 | −0.571% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09931 | −0.588% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09938 | −0.522% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09938 | −0.521% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09934 | −0.564% | $5.9M | $56.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09939 | −0.511% | $91.5M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0103% | 8h | 0.09939 | −0.508% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09933 | −0.568% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09936 | −0.541% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0187% | 1h | 0.09938 | −0.517% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09940 | −0.499% | $530 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09945 | −0.450% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09961 | −0.293% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09936 | −0.543% | $309K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09942 | −0.480% | $2.3M | $26.1M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0308% | 1h | 0.09936 | −0.540% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0487% | 1h | 0.09948 | −0.423% | $121.6M | $99.9M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09942 | −0.482% | $400K | $366K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09950 | −0.400% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1002 | +0.300% | $5K | $239K | 12x | as long as short |
ApeX Omni DOGEUSDT
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
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-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
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
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP