Funding you earn now, next payment 23:00 UTC+0.0357%/8h= +39.1% APRpaid last 24h −0.001%
Price spread now: SoDEX against Bitget+0.160%49s7-day average +0.033% · 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—prices read too far apart to compare
costs, in and out, $10k−$250.254% of the position
Funding, last 3 days (all we have)+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.160%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and SoDEX is 0.127% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.033%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.007% in total (about 0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DOGEUSDT | 0.1002 | −0.0257 | get 0.0257% / 8h | 1h 05m | $153.0M | $266.8M | 75x |
| Short | SoDEX DOGE-USD | 0.1003 | 0.0100 | get 0.0013% / 1h | 5m 30s | $2K | $3.6M | 10x |
Bitget DOGEUSDT
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Bitget. 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
- $74.97
- Price spread: +0.160% → +0.033%
- $12.66
- Slippage, 4 orders
- −$5.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $62.27
- Costs to cover
- 0.254%
- Break-even
- 1.2 days
Slippage from Bitget: live order book, 9 min ago; SoDEX: live order book, 4 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 Bitget live order book, 9 min ago | 0.50 bp | 7.4 bp −$7 | 11.2 bp −$112 | 26.7 bp −$2,671 | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.50 bp | 4.5 bp −$4 | 8.2 bp −$82 | 144.7 bp −$14.5K | 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 DOGEUSDTlong | −0.0257% | 8h | 0.1002 | long leg | $153.0M | $266.8M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1004 | +0.242% | $415K | $4.7M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1004 | +0.212% | $608K | $109K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1002 | +0.032% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0051% | 1h | 0.1001 | −0.009% | $225K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1004 | +0.237% | $66K | $222K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1002 | +0.087% | $789K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1002 | +0.060% | $837 | $372K | 10x | as long as short |
| Gate DOGE_USDT | +0.0097% | 8h | 0.1001 | −0.010% | $241.2M | $125.4M | 75x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1002 | +0.010% | $570K | $864K | 10x | as long as short |
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Gate DOGE_USDT
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 | 0.1002 | +0.069% | $4.9M | $44.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1002 | +0.084% | $334K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1002 | +0.069% | $318.8M | $1.33B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1002 | +0.030% | $158.9M | $421.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | +0.080% | $109.2M | $933.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1003 | +0.100% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | +0.132% | $384K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | +0.090% | $111.6M | $218.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | +0.030% | $66.0M | $41.2M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1002 | +0.040% | — | $74.8M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.061% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | +0.030% | $275K | $116.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | +0.170% | $639K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1003 | +0.150% | $147K | $245K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1002 | +0.030% | $264K | $546K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1003 | +0.190% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | +0.187% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.339% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.1003 | +0.160% | $2K | $3.6M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1004 | +0.244% | $6.0M | $50.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.120% | $92.9M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1002 | +0.045% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1002 | +0.015% | $554K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1006 | +0.466% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0177% | 1h | 0.1002 | +0.060% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1003 | +0.100% | $529 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1005 | +0.330% | $2.0M | $23.7M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1004 | +0.220% | $15.3M | $25.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0209% | 1h | 0.1002 | +0.023% | $344K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1003 | +0.120% | $6.0M | $32.9M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0406% | 1h | 0.1003 | +0.170% | $536K | $959K | 15x | as long as short |
| Hyperliquid DOGE | +0.0521% | 1h | 0.1004 | +0.220% | $114.6M | $85.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1003 | +0.109% | $314K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1004 | +0.250% | $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
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
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP