Funding you earn now, next payment 00:00 UTC−0.0338%/8h= −37.0% APRnext payment −$3.38 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.060%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.060%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.042% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.38 per $10,000. 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 | Bybit DOGEUSDT | 0.09991 | 0.0100 | pay 0.0100% / 8h | 27m 06s | $157.1M | $431.1M | 75x |
| Short | Bitget DOGEUSDT | 0.09985 | −0.0238 | pay 0.0238% / 8h | 27m 06s | $152.2M | $269.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$70.98
- Price spread: −0.060% → −0.018%
- −$4.25
- Slippage, 4 orders
- −$6.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$104.67
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago | 0.50 bp | 6.6 bp −$7 | 8.9 bp −$89 | 21.2 bp −$2,122 | 41.5 bp −$20.8K |
| Sell Bitget live order book, 2 min ago | 0.50 bp | 8.8 bp −$9 | 10.8 bp −$108 | 21.9 bp −$2,194 | 36.5 bp −$18.2K |
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 DOGEUSDTshort | −0.0238% | 8h | 0.09985 | −0.060% | $152.2M | $269.3M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09991 | −0.003% | $413K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09993 | +0.022% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0050% | 1h | 0.09978 | −0.127% | $224K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0070% | 1h | 0.09994 | +0.028% | $602K | $117K | 25x | as long as short |
| Gate DOGE_USDT | +0.0076% | 8h | 0.09989 | −0.020% | $240.5M | $127.3M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09997 | +0.056% | $791K | $5.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.09986 | −0.050% | $2K | $390K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09989 | −0.015% | $514K | $975K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09994 | +0.028% | $4.9M | $45.6M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09989 | −0.025% | $333K | $510K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09989 | −0.015% | $316.7M | $1.36B | 75x | as long as short |
| Bybit DOGEUSDTlong | +0.0100% | 8h | 0.09991 | long leg | $157.1M | $431.1M | 75x | |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09995 | +0.040% | $108.7M | $946.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09993 | +0.020% | $31K | $80K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1001 | +0.165% | $383K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09992 | +0.010% | $111.7M | $221.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09991 | 0.000% | $65.7M | $41.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09989 | −0.020% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | +0.204% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09998 | +0.069% | $274K | $119.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.231% | $636K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.190% | $147K | $250K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09987 | −0.040% | $257K | $557K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09994 | +0.030% | $73K | $433K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09993 | +0.020% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09993 | +0.018% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09990 | −0.010% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09989 | −0.022% | $6.0M | $51.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09992 | +0.010% | $92.4M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09984 | −0.070% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09989 | −0.018% | $527K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09990 | −0.009% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0105% | 1h | 0.09989 | −0.019% | $5.9M | $33.3M | 50x | as long as short |
| Reya DOGERUSDPERP | +0.0179% | 1h | 0.09992 | +0.008% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09993 | +0.020% | $15.4M | $25.2M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09994 | +0.029% | $528 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.1001 | +0.156% | $67K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09995 | +0.040% | $2.0M | $24.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0273% | 1h | 0.09994 | +0.029% | $315K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0366% | 1h | 0.09998 | +0.070% | $534K | $965K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.09996 | +0.047% | $313K | $474K | 10x | as long as short |
| Hyperliquid DOGE | +0.0890% | 1h | 0.1001 | +0.160% | $117.5M | $89.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1003 | +0.390% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Kraken Futures PF_DOGEUSD
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