Funding you earn now, next payment 02:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h +0.001%
Price spread now: Bitget against Deribit−0.048%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.048%, 7d avg −0.048%
=The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% 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 | Deribit DOGE_USDC-PERPETUAL | 0.09983 | 0.0141 | pay 0.0018% / 1h | 0m 44s | $596K | $118K | 25x |
| Short | Bitget DOGEUSDT | 0.09978 | −0.0094 | pay 0.0094% / 8h | 6h 00m | $151.1M | $272.9M | 75x |
Deribit DOGE_USDC-PERPETUAL
Bitget DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- −$49.35
- Price spread: −0.048% → −0.048%
- −$0.03
- Slippage, 4 orders
- −$15.8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$84.18
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 3 min ago; Bitget: 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 Deribit live order book, 3 min ago | 5.00 bp | 8.5 bp −$9 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.00 bp | 8.3 bp −$8 | 9.8 bp −$98 | 18.0 bp −$1,802 | 40.3 bp −$20.2K |
DOGE on 43 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 | −0.0094% | 8h | 0.09978 | −0.048% | $151.1M | $272.9M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09978 | −0.047% | $394K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09975 | −0.080% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.09978 | −0.048% | $224K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.09981 | −0.020% | $5.8M | $34.7M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09993 | +0.101% | $822K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09969 | −0.138% | $833 | $429K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09971 | −0.113% | $532K | $988K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09986 | +0.032% | $4.6M | $48.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09984 | +0.012% | $328K | $503K | 20x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09983 | +0.001% | $317.9M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09978 | −0.048% | $159.3M | $436.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09976 | −0.068% | $110.9M | $980.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09984 | +0.012% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.330% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09981 | −0.018% | $242.2M | $133.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09983 | +0.002% | $113.6M | $232.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09983 | +0.002% | $66.0M | $43.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09984 | +0.012% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09978 | −0.048% | $335K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09973 | −0.101% | $995K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.10000 | +0.172% | $294K | $129.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09982 | −0.012% | $627K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | +0.172% | $146K | $272K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09967 | −0.155% | $256K | $683K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09975 | −0.078% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09972 | −0.108% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09981 | −0.023% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09981 | −0.018% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09972 | −0.110% | $5.9M | $55.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09981 | −0.018% | $91.9M | $16.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09986 | +0.033% | $560K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09975 | −0.074% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0106% | 8h | 0.09975 | −0.077% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUALlong | +0.0141% | 1h | 0.09983 | long leg | $596K | $118K | 25x | |
| Reya DOGERUSDPERP | +0.0185% | 1h | 0.09974 | −0.086% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09975 | −0.075% | $532 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09984 | +0.012% | $2.3M | $25.8M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.1000 | +0.175% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09974 | −0.085% | $310K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09977 | −0.058% | $402K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0672% | 1h | 0.09998 | +0.150% | $121.5M | $99.4M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1006 | +0.773% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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