Funding you earn now, next payment 07:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.048%
Price spread now: Coinbase International against dYdX+0.025%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.025%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.09911 | 0 | get 0.0000% / 1h | 37m 08s | $223K | $69K | 10x |
| Short | Coinbase International DOGE-PERP-INTX | 0.09913 | 0.0216 | get 0.0027% / 1h | 37m 08s | $1.9M | $34.9M | 50x |
dYdX DOGE-USD
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against dYdX. 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
- $45.36
- Price spread: +0.025% → +0.036%
- −$1.05
- Slippage, 4 orders
- −$55
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$30.69
- Costs to cover
- 0.750%
- Break-even
- 11.7 days
Slippage from dYdX: live order book, 2 min ago; Coinbase International: live order book, 2 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 dYdX live order book, 2 min ago | 21.12 bp | 26.6 bp −$27 | 112.9 bp −$1,129 | 169.2 bp −$16.9K | 265.2 bp −$132.6K |
| Sell Coinbase International live order book, 2 min ago | 1.51 bp | 9.9 bp −$10 | 15.1 bp −$151 | 40.2 bp −$4,021 | 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 | −0.0060% | 1h | 0.09903 | −0.073% | $5.6M | $40.8M | 50x | as long as short |
| dYdX DOGE-USDlong | 0.0000% | 1h | 0.09911 | long leg | $223K | $69K | 10x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09903 | −0.076% | $579K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09906 | −0.046% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0020% | 8h | 0.09903 | −0.076% | $140.3M | $347.5M | 75x | as long as short |
| Polymarket Perps DOGE-USD | +0.0030% | 1h | 0.09903 | −0.078% | $258K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.251% | $6K | $242K | 12x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09911 | +0.007% | $832K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09913 | +0.030% | $535K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09911 | +0.002% | $123.3M | $117.2M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09909 | −0.015% | $4.5M | $59.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09913 | +0.022% | $318K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09911 | +0.001% | $327.2M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09906 | −0.045% | $164.4M | $525.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09917 | +0.065% | $115.2M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09911 | +0.005% | $17K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09910 | −0.005% | $381K | $15K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09903 | −0.076% | $248.3M | $156.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09902 | −0.086% | $115.7M | $258.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09900 | −0.106% | $65.9M | $49.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09909 | −0.015% | — | $53.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09908 | −0.025% | $300K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09964 | +0.535% | $1.1M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09924 | +0.132% | $301K | $139.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09929 | +0.182% | $625K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | +0.600% | $143K | $344K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09906 | −0.045% | $71K | $471K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09909 | −0.012% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09916 | +0.057% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09908 | −0.025% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09909 | −0.019% | $5.9M | $69.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09907 | −0.035% | $90.7M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09916 | +0.053% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09902 | −0.082% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09904 | −0.068% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09909 | −0.015% | $1K | $540K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0124% | 1h | 0.09909 | −0.014% | $568K | $252K | 25x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09978 | +0.681% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0199% | 1h | 0.09908 | −0.029% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0216% | 1h | 0.09913 | +0.025% | $1.9M | $34.9M | 50x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09909 | −0.015% | $15.3M | $26.9M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09905 | −0.052% | $312K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.09911 | +0.003% | $441 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09917 | +0.060% | $404K | $462K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC