Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.042%
Price spread now: Reya against Deribit+0.278%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.278% dearer against Deribit than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOGE_USDC-PERPETUAL | 0.1003 | 0.0139 | pay 0.0017% / 1h | 13m 24s | $600K | $119K | 25x |
| Short | Reya DOGERUSDPERP | 0.1006 | 0.0190 | get 0.0024% / 1h | 13m 24s | $2K | — | 20x |
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $10.69
- Price spread: +0.278% → 0.000%
- $27.77
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $25.46
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 45 min ago; Reya: 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, 45 min ago | 3.53 bp | 10.0 bp −$10 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.0034% | 8h | 0.1005 | +0.210% | $151.8M | $276.9M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1003 | −0.018% | $5.7M | $35.7M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1003 | +0.013% | $395K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1006 | +0.316% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0013% | 1h | 0.1005 | +0.142% | $226K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1006 | +0.248% | $737K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.1005 | +0.170% | $908 | $458K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1005 | +0.220% | $528K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.268% | $4.7M | $49.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.225% | $326K | $484K | 20x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
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 | 0.1007 | +0.361% | $325.8M | $1.47B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.260% | $164.9M | $448.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1006 | +0.260% | $114.7M | $1.02B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | +0.006% | $385K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1006 | +0.290% | $248.0M | $135.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1006 | +0.330% | $112.4M | $236.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1006 | +0.250% | $66.7M | $43.8M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1006 | +0.310% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1003 | −0.019% | $322K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | −0.191% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | −0.046% | $304K | $131.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | +0.028% | $638K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | +0.091% | $146K | $290K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1005 | +0.220% | $258K | $870K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1007 | +0.350% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.033% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | +0.063% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1003 | +0.001% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.031% | $6.0M | $58.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.011% | $92.2M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1005 | +0.218% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1005 | +0.188% | $493K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1003 | −0.024% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUALlong | +0.0139% | 1h | 0.1003 | long leg | $600K | $119K | 25x | |
| Reya DOGERUSDPERPshort | +0.0190% | 1h | 0.1006 | +0.278% | $2K | — | 20x | |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.1006 | +0.311% | $536 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1003 | +0.031% | $15.8M | $25.5M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1003 | −0.033% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.1006 | +0.313% | $315K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0266% | 1h | 0.1006 | +0.308% | $122.8M | $101.8M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1003 | −0.029% | $2.3M | $27.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1007 | +0.370% | $110K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1006 | +0.310% | $406K | $414K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1005 | +0.190% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP