Funding you earn now, next payment 23:00 UTC−0.0134%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h −0.024%
Price spread now: dYdX against Coinbase International+0.027%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$720.722% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.027%, 7d avg −0.034%
=The price spread pays, funding is against you. dYdX is 0.062% dearer against Coinbase International than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.034%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.1019 | 0.0240 | pay 0.0030% / 1h | 45m 26s | $2.1M | $24.4M | 50x |
| Short | dYdX DOGE-USD | 0.1019 | 0.0106 | get 0.0013% / 1h | 45m 26s | $229K | $44K | 10x |
Coinbase International DOGE-PERP-INTX
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- −$28.07
- Price spread: +0.027% → −0.034%
- $6.17
- Slippage, 4 orders
- −$52.22
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$94.11
- Costs to cover
- 0.722%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; dYdX: live order book, 34 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 Coinbase International live order book, 4 min ago | 2.47 bp | 9.7 bp −$10 | 15.4 bp −$154 | 47.2 bp −$4,717 | doesn't fit |
| Sell dYdX live order book, 34 min ago | 21.87 bp | 26.9 bp −$27 | 78.2 bp −$782 | 96.9 bp −$9,689 | 106.9 bp −$53.4K |
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 | −0.0243% | 8h | 0.1017 | −0.196% | $155.1M | $268.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1020 | +0.068% | $425K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1021 | +0.147% | $33K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0015% | 1h | 0.1020 | +0.088% | $614K | $109K | 25x | as long as short |
| Gate DOGE_USDT | +0.0080% | 8h | 0.1018 | −0.098% | $245.9M | $125.9M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1020 | +0.111% | $788K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1018 | −0.128% | $1K | $388K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1018 | −0.142% | $607K | $898K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1020 | +0.033% | $5.1M | $45.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1020 | +0.083% | $340K | $506K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
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 | 0.1018 | −0.088% | $325.1M | $1.35B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1018 | −0.118% | $160.6M | $429.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1018 | −0.108% | $111.0M | $958.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1019 | −0.059% | $32K | $80K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1015 | −0.461% | $389K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1018 | −0.098% | $114.6M | $219.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1019 | +0.029% | $67.1M | $41.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1018 | −0.098% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1014 | −0.547% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1013 | −0.638% | $278K | $117.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1012 | −0.659% | $641K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1012 | −0.706% | $148K | $249K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1017 | −0.167% | $263K | $555K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1020 | +0.069% | $74K | $433K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1020 | +0.083% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1021 | +0.189% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1019 | +0.010% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1018 | −0.100% | $6.1M | $51.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1018 | −0.137% | $94.2M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1019 | −0.046% | $18K | $5K | 30x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0103% | 1h | 0.1019 | −0.049% | $6.1M | $33.1M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1018 | −0.150% | $562K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1020 | +0.040% | $19K | — | 3x | as long as short |
| dYdX DOGE-USDshort | +0.0106% | 1h | 0.1019 | +0.027% | $229K | $44K | 10x | |
| Reya DOGERUSDPERP | +0.0178% | 1h | 0.1018 | −0.122% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1014 | −0.510% | $15.4M | $25.5M | 75x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.1015 | −0.407% | $67K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0240% | 1h | 0.1019 | long leg | $2.1M | $24.4M | 50x | |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.1018 | −0.115% | $538 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0252% / S −0.0287% | 1h | 0.1021 | +0.143% | $332K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0469% | 1h | 0.1019 | −0.059% | $544K | $963K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.1018 | −0.074% | $319K | $475K | 10x | as long as short |
| Hyperliquid DOGE | +0.0948% | 1h | 0.1020 | +0.049% | $119.0M | $87.8M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1014 | −0.510% | $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
BingX DOGE-USDC
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
Paradex DOGE-USD-PERP
Kraken Futures PF_DOGEUSD
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP