DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0271%/8h= +29.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.079%

Price spread now: GMX against Deribit+0.107%7-day average +0.021% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.238%+$24 on $10k

Price spread, last 3 days (all we have)−0.086%−$9 · spread now +0.107%, 7d avg +0.021%

Together, before fees+0.152%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.087% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DOGE_USDC-PERPETUAL	0.1007	0	get 0.0000% / 1h	4m 21s	$606K	$119K	25x
Short	GMX DOGE/USD [ETH-USDC]	0.1008	L +0.0247% / S −0.0271%	get 0.0034% / 1h	4m 21s	$317K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee GMXbpOrdersPrice spread, now +0.107%Rate

Funding earned: $56.89
Price spread: +0.107% → +0.021%: $8.66
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $46.54
Costs to cover: 0.190%
Break-even: 1.3 days

Slippage unknown: Deribit: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.

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, 4 min ago	4.46 bp	8.0 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0162%	8h	0.1006	−0.063%	$152.8M	$271.6M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0077%	1h	0.1006	−0.124%	$6.0M	$33.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1007	+0.007%	$415K	$4.9M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUALlong	0.0000%	1h	0.1007	long leg	$606K	$119K	25x
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1008	+0.115%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0010%	1h	0.1008	+0.143%	$226K	$44K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1007	−0.024%	$795K	$5.9M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1008	+0.146%	$1K	$425K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1008	+0.102%	$5.1M	$46.8M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1009	+0.196%	$336K	$512K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1006	−0.116%	$319.7M	$1.41B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1005	−0.231%	$160.2M	$438.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1005	−0.221%	$111.1M	$969.9M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1010	+0.275%	$77K	$124K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1009	+0.238%	$387K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1008	+0.076%	$245.2M	$131.7M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1008	+0.126%	$113.6M	$226.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1008	+0.116%	$66.2M	$42.5M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1008	+0.086%	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1006	−0.053%	$366K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1006	−0.076%	$994K	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1009	+0.171%	$270K	$125.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1011	+0.394%	$645K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1012	+0.504%	$149K	$268K	25x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1009	+0.201%	$518K	$973K	10x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1008	+0.116%	$264K	$632K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1008	+0.057%	$74K	$426K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1007	+0.036%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1009	+0.160%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1006	−0.053%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1006	−0.139%	$6.0M	$53.0M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1006	−0.132%	$92.8M	$17.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1009	+0.220%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1006	−0.050%	$531K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1007	+0.005%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0168%	1h	0.1009	+0.191%	$533	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0183%	1h	0.1008	+0.108%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1007	−0.043%	$15.5M	$25.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1006	−0.072%	$2.0M	$25.2M	50x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1008	+0.065%	$65K	$283K	10x	as long as short
GMX DOGE/USD [ETH-USDC]short	L +0.0247% / S −0.0271%	1h	0.1008	+0.107%	$317K	—	200x
RISEx DOGE/USDC	+0.0701%	1h	0.1010	+0.260%	$326K	$404K	10x	as long as short
Hyperliquid DOGE	+0.0758%	1h	0.1010	+0.275%	$123.5M	$95.9M	10x	as long as short
Injective DOGE/USDC PERP	+0.0973%	1h	0.1012	+0.504%	$5K	$239K	12x	as long as short