Funding you earn now, next payment 08:00 UTC+0.0631%/8h= +69.0% APRnext payment +$0.79 per $10,000 · paid last 24h +0.139%
Price spread now: RISEx against Backpack+0.079%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Funding, last 4 days (all we have)+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.079%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and RISEx is 0.025% dearer against Backpack than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOGE_USDC_PERP | 0.09905 | 0.0100 | pay 0.0013% / 1h | 13m 05s | $302K | $1.3M | 15x |
| Short | RISEx DOGE/USDC | 0.09913 | 0.0731 | get 0.0091% / 1h | 13m 05s | $399K | $461K | 10x |
Backpack DOGE_USDC_PERP
RISEx DOGE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Backpack. 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
- $132.41
- Price spread: +0.079% → +0.054%
- $2.54
- Slippage, 4 orders
- −$4.16
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $114.79
- Costs to cover
- 0.202%
- Break-even
- 0.9 days
Slippage from Backpack: live order book, 1 min ago; RISEx: live order book, 25 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 Backpack live order book, 1 min ago | 0.50 bp | 5.6 bp −$6 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 25 min ago | 1.51 bp | 4.5 bp −$5 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0060% | 1h | 0.09910 | +0.051% | $5.5M | $40.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09908 | +0.027% | $579K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09907 | +0.020% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0003% | 8h | 0.09902 | −0.030% | $140.4M | $347.9M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.310% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0034% | 1h | 0.09902 | −0.032% | $257K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0045% | 1h | 0.09903 | −0.019% | $222K | $63K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09917 | +0.124% | $827K | $6.9M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09906 | +0.010% | $536K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09911 | +0.066% | $123.5M | $117.3M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09907 | +0.021% | $5.0M | $59.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09903 | −0.023% | $321K | $509K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09909 | +0.040% | $327.2M | $1.73B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09903 | −0.020% | $163.7M | $526.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09907 | +0.020% | $115.0M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09906 | +0.010% | $16K | $311K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09918 | +0.135% | $379K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09902 | −0.030% | $249.6M | $158.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09907 | +0.020% | $117.1M | $259.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09909 | +0.040% | $66.1M | $50.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09901 | −0.040% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERPlong | +0.0100% | 1h | 0.09905 | long leg | $302K | $1.3M | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09901 | −0.041% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09902 | −0.034% | $300K | $140.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09898 | −0.070% | $627K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | +0.050% | $142K | $345K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09909 | +0.040% | $71K | $478K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09907 | +0.016% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09908 | +0.033% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09911 | +0.061% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09906 | +0.009% | $5.8M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09908 | +0.030% | $90.6M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09901 | −0.044% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09904 | −0.009% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09909 | +0.036% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0106% | 8h | 0.09907 | +0.020% | $828 | $542K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09911 | +0.059% | $18K | $382K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0164% | 1h | 0.09914 | +0.087% | $569K | $260K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0200% | 1h | 0.09905 | 0.000% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09913 | +0.081% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09910 | +0.050% | $15.4M | $26.9M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0235% / S −0.0235% | 1h | 0.09897 | −0.079% | $281K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.09914 | +0.087% | $441 | $4K | 10x | as long as short |
| RISEx DOGE/USDCshort | +0.0731% | 1h | 0.09913 | +0.079% | $399K | $461K | 10x |
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
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD