Funding you earn now, next payment 07:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h +0.017%
Price spread now: SunX against Deribit+0.004%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.640% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.004%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.025% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.197%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOGE_USDC-PERPETUAL | 0.09987 | 0.0261 | pay 0.0033% / 1h | 28m 14s | $573K | $252K | 25x |
| Short | SunX DOGE-USDT | 0.09988 | 0.0100 | get 0.0100% / 8h | 1h 28m | $35K | $2.3M | 30x |
Deribit DOGE_USDC-PERPETUAL
SunX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$33.81
- Price spread: +0.004% → +0.029%
- −$2.47
- Slippage, 4 orders
- −$48.99
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$100.26
- Costs to cover
- 0.640%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 16 min ago; SunX: live order book, 8 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 | 4.51 bp | 9.0 bp −$9 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 18.05 bp | 23.4 bp −$23 | 31.8 bp −$318 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09984 | −0.026% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09986 | −0.007% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09982 | −0.054% | $611K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09980 | −0.068% | $35K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0030% | 1h | 0.09971 | −0.156% | $266K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.436% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0062% | 8h | 0.09973 | −0.141% | $141.7M | $344.1M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09997 | +0.096% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09992 | +0.045% | $851K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09980 | −0.071% | $539K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
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 | 0.09983 | −0.044% | $4.5M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09982 | −0.051% | $319K | $500K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09986 | −0.016% | $328.4M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09979 | −0.081% | $165.2M | $520.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09985 | −0.021% | $117.6M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.029% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09978 | −0.091% | $249.5M | $156.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09985 | −0.021% | $111.0M | $258.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09984 | −0.031% | $66.5M | $50.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09981 | −0.061% | — | $80.6M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09981 | −0.061% | $304K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09984 | −0.034% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09985 | −0.018% | $303K | $140.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09988 | +0.009% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09990 | +0.029% | $150K | $338K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09983 | −0.041% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.205% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDTshort | +0.0100% | 8h | 0.09988 | +0.004% | $35K | $2.3M | 30x | |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09984 | −0.031% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09982 | −0.055% | $5.9M | $68.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09984 | −0.031% | $91.7M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09978 | −0.087% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09978 | −0.090% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09982 | −0.047% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09977 | −0.101% | $834 | $536K | 10x | as long as short |
| Hyperliquid DOGE | +0.0123% | 1h | 0.09987 | −0.002% | $124.0M | $116.5M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09980 | −0.068% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09993 | +0.059% | $16.2M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09982 | −0.051% | $1.9M | $34.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09983 | −0.044% | $314K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUALlong | +0.0261% | 1h | 0.09987 | long leg | $573K | $252K | 25x | |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.09985 | −0.025% | $444 | $4K | 10x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09977 | −0.101% | $23K | $305K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09985 | −0.021% | $402K | $458K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Arcus DOGE-USD
RISEx DOGE/USDC