Funding you earn now, next payment 07:00 UTC−0.0150%/8h= −16.5% APRpaid last 24h −0.037%
Price spread now: BingX against GMX−0.076%7-day average −0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.076%, 7d avg −0.028%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.048% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09996 | L +0.0250% / S −0.0297% | pay 0.0031% / 1h | 48m 33s | $314K | — | 200x |
| Short | BingX DOGE-USDT | 0.09988 | 0.0100 | get 0.0100% / 8h | 1h 48m | — | $80.8M | — |
GMX DOGE/USD [ETH-USDC]
BingX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GMX. 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
- −$31.6
- Price spread: −0.076% → −0.028%
- −$4.78
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$58.38
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 5 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 GMX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 1.50 bp | 6.5 bp −$6 | 7.6 bp −$76 | 14.8 bp −$1,480 | 29.1 bp −$14.5K |
GMX: 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 | −0.0082% | 1h | 0.09997 | +0.016% | $5.7M | $40.4M | 50x | as long as short |
| Polymarket Perps DOGE-USD | −0.0011% | 1h | 0.09982 | −0.139% | $267K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09995 | −0.009% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | +0.118% | $602K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09996 | +0.001% | $34K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.346% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0079% | 8h | 0.09977 | −0.186% | $142.2M | $344.3M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.1002 | +0.225% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | +0.083% | $854K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | +0.059% | $540K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) 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 | 0.09988 | −0.078% | $4.6M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09999 | +0.034% | $320K | $500K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09985 | −0.104% | $327.9M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09984 | −0.116% | $165.2M | $520.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09986 | −0.096% | $116.6M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | −0.056% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09988 | −0.076% | $251.1M | $154.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09986 | −0.096% | $110.6M | $257.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09985 | −0.106% | $66.4M | $50.1M | 75x | as long as short |
| BingX DOGE-USDTshort | +0.0100% | 8h | 0.09988 | −0.076% | — | $80.8M | — | |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1001 | +0.104% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09992 | −0.038% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09994 | −0.015% | $303K | $140.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1000 | +0.058% | $640K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.156% | $150K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09995 | −0.006% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09993 | −0.029% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | +0.060% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09996 | +0.004% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09996 | +0.009% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09998 | +0.024% | $91.8M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09997 | +0.013% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09986 | −0.098% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09995 | −0.009% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0110% | 8h | 0.09988 | −0.076% | $834 | $530K | 10x | as long as short |
| Hyperliquid DOGE | +0.0111% | 1h | 0.09993 | −0.023% | $123.8M | $116.2M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0196% | 1h | 0.09982 | −0.138% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09998 | +0.024% | $16.2M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09997 | +0.014% | $1.9M | $34.7M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.09987 | −0.088% | $444 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0250% / S −0.0297% | 1h | 0.09996 | long leg | $314K | — | 200x | |
| Deribit DOGE_USDC-PERPETUAL | +0.0270% | 1h | 0.09997 | +0.013% | $574K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09986 | −0.096% | $27K | $300K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09992 | −0.036% | $402K | $452K | 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
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
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD
RISEx DOGE/USDC