Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Phemex against BingX+0.040%51s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as 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−$360.365% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.048%−$5 · spread now +0.040%, 7d avg +0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOGE-USDT | 0.09950 | 0.0100 | pay 0.0100% / 8h | 18m 22s | — | $75.7M | — |
| Short | Phemex DOGEUSDT | 0.09954 | 0.0100 | get 0.0100% / 8h | 18m 22s | $92.0M | $19.2M | 50x |
BingX DOGE-USDT
Phemex DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. 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
- $0
- Price spread: +0.040% → +0.021%
- $1.93
- Slippage, 4 orders
- −$14.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$34.55
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Phemex: live order book, 6 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 BingX live order book, 6 min ago | 1.51 bp | 6.5 bp −$7 | 6.6 bp −$66 | 9.2 bp −$916 | 23.7 bp −$11.8K |
| Sell Phemex live order book, 6 min ago | 1.51 bp | 11.7 bp −$12 | 29.0 bp −$290 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0230% | 8h | 0.09947 | −0.030% | $151.7M | $269.7M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09960 | +0.098% | $411K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09948 | −0.018% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0044% | 1h | 0.09946 | −0.038% | $223K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0073% | 8h | 0.09946 | −0.040% | $241.0M | $128.1M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09954 | +0.041% | $790K | $5.6M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.09951 | +0.010% | $2K | $392K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09952 | +0.020% | $510K | $976K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09953 | +0.033% | $4.8M | $45.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09953 | +0.033% | $332K | $510K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09951 | +0.013% | $315.0M | $1.37B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09946 | −0.040% | $156.5M | $433.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09950 | 0.000% | $108.7M | $946.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09959 | +0.090% | $31K | $80K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09964 | +0.136% | $382K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09950 | 0.000% | $111.1M | $222.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09954 | +0.040% | $65.4M | $41.9M | 75x | as long as short |
| BingX DOGE-USDTlong | +0.0100% | 8h | 0.09950 | long leg | — | $75.7M | — | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09956 | +0.062% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09959 | +0.092% | $257K | $119.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09964 | +0.141% | $633K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09960 | +0.101% | $146K | $250K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09949 | −0.010% | $256K | $556K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09948 | −0.020% | $72K | $433K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09957 | +0.070% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09973 | +0.228% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09958 | +0.080% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09970 | +0.201% | $6.0M | $51.9M | 75x | as long as short |
| Phemex DOGEUSDTshort | +0.0100% | 8h | 0.09954 | +0.040% | $92.0M | $19.2M | 50x | |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09954 | +0.040% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09952 | +0.016% | $525K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09958 | +0.080% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0105% | 1h | 0.09957 | +0.066% | $5.9M | $33.5M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0122% | 1h | 0.09961 | +0.110% | $599K | $117K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0179% | 1h | 0.09949 | −0.006% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09955 | +0.050% | $15.3M | $25.2M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09959 | +0.091% | $526 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.09974 | +0.241% | $66K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09966 | +0.161% | $2.0M | $24.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0273% | 1h | 0.09948 | −0.016% | $313K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0364% | 1h | 0.09952 | +0.020% | $400K | $1.1M | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.09960 | +0.102% | $312K | $474K | 10x | as long as short |
| Hyperliquid DOGE | +0.0867% | 1h | 0.09966 | +0.158% | $116.4M | $89.8M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.09990 | +0.402% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
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
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Kraken Futures PF_DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP