DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.008%

Price spread now: Phoenix against Derive+0.013%172s7-day average — · you sell dearer than you buy

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

Long on Derive Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 172 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	Derive DOGE-PERP	0.09900	0.0100	pay 0.0013% / 1h	19m 28s	$18K	$7K	10x
Short	Phoenix DOGE	0.09902	0.0160	get 0.0020% / 1h	19m 28s	$18K	$382K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Derive. 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 DerivebpFee PhoenixbpOrdersPrice spread, now +0.013%Rate

Funding earned: $12.64
Price spread: +0.013% → 0.000%: $1.35
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $0.99
Costs to cover: 0.130%
Break-even: 6.5 days

Slippage unknown: Derive: no order-book sample; Phoenix: live order book, 13 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 13 min ago	1.01 bp	12.3 bp −$12	43.1 bp −$431	doesn't fit	doesn't fit

Derive: 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
Kraken Futures PF_DOGEUSD	−0.0060%	1h	0.09903	+0.032%	$5.5M	$40.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09899	−0.010%	$579K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09914	+0.136%	$35K	—	150x	as long as short
dYdX DOGE-USD	+0.0003%	1h	0.09910	+0.103%	$223K	$63K	10x	as long as short
Bitget DOGEUSDT	+0.0006%	8h	0.09908	+0.079%	$140.5M	$347.8M	75x	as long as short
Polymarket Perps DOGE-USD	+0.0027%	1h	0.09909	+0.093%	$258K	$1.2M	10x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.362%	$6K	$242K	12x	as long as short
Lighter DOGE	+0.0096%	1h	0.09917	+0.175%	$828K	$6.9M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09914	+0.140%	$536K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09924	+0.239%	$123.6M	$117.3M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09916	+0.159%	$4.5M	$59.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09910	+0.100%	$322K	$509K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09919	+0.185%	$327.6M	$1.73B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09911	+0.109%	$164.0M	$526.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09917	+0.170%	$115.2M	$1.20B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09915	+0.150%	$16K	$311K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09918	+0.184%	$379K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09911	+0.109%	$249.0M	$158.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09918	+0.180%	$117.1M	$259.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09917	+0.170%	$66.2M	$50.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09909	+0.089%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09906	+0.059%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09880	−0.206%	$1.0M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09892	−0.081%	$300K	$139.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09890	−0.103%	$626K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09890	−0.103%	$141K	$345K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09900	−0.002%	$71K	$473K	50x	as long as short
Derive DOGE-PERPlong	+0.0100%	1h	0.09900	long leg	$18K	$7K	10x
SunX DOGE-USDT	+0.0100%	8h	0.09901	+0.012%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09904	+0.039%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09905	+0.045%	$5.8M	$69.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09905	+0.049%	$90.6M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09911	+0.111%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09909	+0.088%	$485K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09903	+0.024%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0106%	8h	0.09912	+0.120%	$828	$542K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0144%	1h	0.09906	+0.057%	$569K	$257K	25x	as long as short
Phoenix DOGEshort	+0.0160%	1h	0.09902	+0.013%	$18K	$382K	10x
Reya DOGERUSDPERP	+0.0200%	1h	0.09913	+0.128%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.09906	+0.059%	$1.9M	$35.0M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09890	−0.103%	$15.4M	$26.8M	75x	as long as short
01 Exchange DOGEUSD	+0.0240%	1h	0.09923	+0.235%	$441	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.09902	+0.021%	$312K	—	200x	as long as short
RISEx DOGE/USDC	+0.0731%	1h	0.09922	+0.224%	$404K	$461K	10x	as long as short