Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BloFin−1.283%649s7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$170.170% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 3 days (all we have)+1.309%+$131 · spread now −1.283%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 1.264% cheaper against BloFin than usual: you would sell low and buy high (−$126 if the spread goes back to its 7-day average of −0.019%). Swap the legs. The two prices were read 649 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 | BloFin DOGE-USDT | 0.09978 | 0.0220 | pay 0.0220% / 8h | 6h 38m | $15.4M | $25.6M | 75x |
| Short | MEXC DOGE_USDT | 0.09850 | 0.0100 | get 0.0100% / 8h | 6h 38m | $109.8M | $228.2M | 300x |
BloFin DOGE-USDT
MEXC DOGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$25.2
- Price spread: −1.283% → −0.019%
- −$126.39
- Slippage, 4 orders
- −$4.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$168.57
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; MEXC: 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 BloFin live order book, 11 min ago | 1.50 bp | 8.5 bp −$8 | 8.5 bp −$85 | 12.4 bp −$1,243 | 27.6 bp −$13.8K |
| Sell MEXC live order book, 6 min ago | 0.50 bp | 0.5 bp −$1 | 1.7 bp −$17 | 9.2 bp −$921 | 43.5 bp −$21.7K |
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 | −0.0130% | 8h | 0.09818 | −1.604% | $148.9M | $273.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09846 | −1.326% | $386K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09834 | −1.446% | $23K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0015% | 1h | 0.09826 | −1.519% | $587K | $119K | 25x | as long as short |
| dYdX DOGE-USD | +0.0027% | 1h | 0.09846 | −1.324% | $221K | $51K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09826 | −1.522% | $5.8M | $34.2M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09832 | −1.458% | $736K | $6.0M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09842 | −1.363% | $1K | $432K | 10x | as long as short |
| Gate DOGE_USDT | +0.0099% | 8h | 0.09843 | −1.353% | $239.8M | $131.2M | 75x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09847 | −1.313% | $478K | $979K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
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 | 0.09847 | −1.312% | $4.6M | $48.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09847 | −1.308% | $325K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09830 | −1.479% | $311.6M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09838 | −1.403% | $156.4M | $445.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09842 | −1.363% | $108.4M | $971.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09856 | −1.223% | $127K | $182K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.119% | $383K | $5K | 10x | as long as short |
| MEXC DOGE_USDTshort | +0.0100% | 8h | 0.09850 | −1.283% | $109.8M | $228.2M | 300x | |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09847 | −1.313% | $65.3M | $43.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09835 | −1.433% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09852 | −1.263% | $341K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09845 | −1.333% | $971K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09944 | −0.343% | $274K | $126.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09850 | −1.281% | $618K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09930 | −0.481% | $145K | $275K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09848 | −1.307% | $254K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09831 | −1.473% | $69K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09824 | −1.542% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09840 | −1.382% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09828 | −1.503% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09834 | −1.446% | $5.9M | $54.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09830 | −1.483% | $90.6M | $17.6M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09825 | −1.531% | $521K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09830 | −1.487% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0114% | 8h | 0.09845 | −1.336% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09852 | −1.264% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09842 | −1.366% | $525 | $4K | 10x | as long as short |
| BloFin DOGE-USDTlong | +0.0220% | 8h | 0.09978 | long leg | $15.4M | $25.6M | 75x | |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09857 | −1.213% | $2.0M | $24.9M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09873 | −1.054% | $64K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09833 | −1.454% | $306K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09846 | −1.318% | $317K | $405K | 10x | as long as short |
| Hyperliquid DOGE | +0.0686% | 1h | 0.09864 | −1.142% | $120.0M | $97.1M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09890 | −0.882% | $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
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
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP