Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Bulk−0.622%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.638%+$64 · spread now −0.622%, 7d avg +0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.635% cheaper against Bulk than usual: you would sell low and buy high, −$63 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk DOGE-USD | 0.1029 | 0.0100 | pay 0.0013% / 1h | 21m 22s | $395K | $16K | 10x |
| Short | Phemex DOGEUSDT | 0.1023 | 0.0100 | get 0.0100% / 8h | 3h 21m | $94.0M | $17.3M | 50x |
Bulk DOGE-USD
Phemex DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bulk. 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: −0.622% → +0.013%
- −$63.46
- Slippage, 4 orders
- −$26.99
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$109.45
- Costs to cover
- 0.460%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 33 min ago; Phemex: live order book, 3 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 Bulk live order book, 33 min ago | 4.76 bp | 8.3 bp −$8 | 8.3 bp −$83 | 18.6 bp −$1,858 | 30.5 bp −$15.2K |
| Sell Phemex live order book, 3 min ago | 3.88 bp | 13.5 bp −$14 | 19.5 bp −$195 | 35.6 bp −$3,564 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1023 | −0.614% | $698K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1023 | −0.603% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0024% | 1h | 0.1024 | −0.504% | $230K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0063% | 8h | 0.1023 | −0.612% | $133.4M | $316.3M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1025 | −0.449% | $761K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1024 | −0.520% | $556K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1024 | −0.575% | $4.9M | $54.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1025 | −0.453% | $328K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1024 | −0.573% | $339.1M | $1.61B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1023 | −0.593% | $167.4M | $498.5M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1023 | −0.602% | $116.6M | $1.15B | 50x | as long as short |
| Bulk DOGE-USDlong | +0.0100% | 1h | 0.1029 | long leg | $395K | $16K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1023 | −0.602% | $253.0M | $146.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1024 | −0.573% | $115.7M | $245.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1024 | −0.544% | $67.3M | $48.2M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1024 | −0.554% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1021 | −0.816% | $340K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1026 | −0.334% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1029 | −0.061% | $330K | $136.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1027 | −0.242% | $649K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1030 | +0.049% | $155K | $330K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1023 | −0.593% | $258K | $983K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1023 | −0.612% | $69K | $468K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1023 | −0.614% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1024 | −0.567% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1023 | −0.602% | $2K | $5.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1023 | −0.585% | $6.0M | $65.4M | 75x | as long as short |
| Phemex DOGEUSDTshort | +0.0100% | 8h | 0.1023 | −0.622% | $94.0M | $17.3M | 50x | |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1024 | −0.487% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1023 | −0.634% | $494K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1023 | −0.597% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0121% | 8h | 0.1025 | −0.447% | $1K | $498K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1024 | −0.582% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1026 | −0.350% | $16.8M | $27.1M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0229% | 1h | 0.1024 | −0.570% | $581K | $247K | 25x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1023 | −0.600% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0246% | 1h | 0.1023 | −0.607% | $5.5M | $38.9M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1023 | −0.603% | $331K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1026 | −0.372% | $456 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1024 | −0.554% | $2.1M | $33.4M | 50x | as long as short |
| Hyperliquid DOGE | +0.0501% | 1h | 0.1025 | −0.466% | $127.8M | $110.5M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1026 | −0.321% | $111K | $203K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1026 | −0.361% | $414K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +2.283% | $6K | $242K | 12x | as long as short |
OKX DOGE-USDT-SWAP
Gate DOGE_USDT
MEXC DOGE_USDT
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP