Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.033%
Price spread now: Pacifica against Deribit−0.053%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 3 days (all we have)+0.073%+$7 · spread now −0.053%, 7d avg +0.013%
=Together, before fees+0.286%+ Points / potential airdropPacifica: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.066% cheaper against Deribit than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.013%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOGE_USDC-PERPETUAL | 0.09936 | 0 | get 0.0000% / 1h | 7m 49s | $621K | $106K | 25x |
| Short | Pacifica DOGE | 0.09931 | 0.0100 | get 0.0013% / 1h | 7m 49s | $334K | $496K | 20x |
Deribit DOGE_USDC-PERPETUAL
Pacifica DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: −0.053% → +0.013%
- −$6.59
- Slippage, 4 orders
- −$15.94
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$16.53
- Costs to cover
- 0.309%
- Break-even
- 12.5 days
Slippage from Deribit: live order book, 16 min ago; Pacifica: live order book, 16 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, 16 min ago | 3.01 bp | 8.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 16 min ago | 2.51 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0280% | 8h | 0.09930 | −0.063% | $152.3M | $261.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09932 | −0.038% | $368K | $4.4M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUALlong | 0.0000% | 1h | 0.09936 | long leg | $621K | $106K | 25x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09935 | −0.009% | $32K | — | 150x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09951 | +0.145% | $15K | $225K | 10x | as long as short |
| Gate DOGE_USDT | +0.0080% | 8h | 0.09938 | +0.017% | $236.9M | $121.0M | 75x | as long as short |
| dYdX DOGE-USD | +0.0091% | 1h | 0.09924 | −0.126% | $223K | $44K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09930 | −0.063% | $841 | $346K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09939 | +0.024% | $782K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09935 | −0.013% | $629K | $698K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Gate DOGE_USDT
dYdX DOGE-USD
Katana Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09944 | +0.077% | $4.9M | $40.7M | 75x | as long as short |
| Pacifica DOGEshort | +0.0100% | 1h | 0.09931 | −0.053% | $334K | $496K | 20x | |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09944 | +0.077% | $314.9M | $1.27B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09935 | −0.013% | $158.9M | $399.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09940 | +0.037% | $109.0M | $895.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09940 | +0.037% | $28K | $76K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09944 | +0.077% | $111.5M | $221.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09943 | +0.067% | $65.1M | $39.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09938 | +0.017% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09944 | +0.080% | $932K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09942 | +0.058% | $264K | $112.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09949 | +0.128% | $632K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | +0.138% | $144K | $227K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09935 | −0.018% | $271K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09934 | −0.023% | $57K | $396K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09935 | −0.018% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09938 | +0.014% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09936 | −0.003% | $2K | $3.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09937 | +0.010% | $6.0M | $47.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09939 | +0.027% | $92.2M | $19.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09947 | +0.108% | $381K | $14K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09930 | −0.067% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09939 | +0.029% | $547K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09935 | −0.013% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09938 | +0.015% | $525 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0175% | 1h | 0.09938 | +0.017% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09921 | −0.154% | $15.1M | $23.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09936 | −0.003% | $2.0M | $22.5M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0247% | 1h | 0.09935 | −0.015% | $317K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0260% | 1h | 0.09946 | +0.098% | $525K | $931K | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0288% | 1h | 0.09935 | −0.010% | $6.0M | $31.9M | 50x | as long as short |
| Hyperliquid DOGE | +0.0414% | 1h | 0.09950 | +0.137% | $109.5M | $79.8M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09942 | +0.052% | $312K | $472K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.1000 | +0.641% | $5K | $180K | 12x | as long as short |
Aster DOGEUSDT
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus 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
Bulk DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP