Funding you earn now, next payment 05:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h −0.006%
Price spread now: Coinbase International against GMX−0.129%7-day average +0.002% · 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)−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.129%, 7d avg +0.002%
=Funding pays, the price is against you. Coinbase International is 0.132% cheaper against GMX than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of +0.002%). If the spread goes back, that is −$13 on $10k: about 8.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09981 | L +0.0252% / S −0.0289% | pay 0.0031% / 1h | 50m 05s | $323K | — | 200x |
| Short | Coinbase International DOGE-PERP-INTX | 0.09968 | 0.0304 | get 0.0038% / 1h | 50m 05s | $2.0M | $33.8M | 50x |
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $10.95
- Price spread: −0.129% → +0.002%
- −$13.17
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$24.22
- Costs to cover
- 0.220%
- Break-even
- 22.5 days
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago | 1.50 bp | 9.9 bp −$10 | 15.9 bp −$159 | 42.5 bp −$4,255 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DOGE-USD | 0.0000% | 1h | 0.09992 | +0.115% | $224K | $70K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09993 | +0.122% | $646K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09980 | −0.007% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09965 | −0.159% | $5.5M | $39.6M | 50x | as long as short |
| Polymarket Perps DOGE-USD | +0.0009% | 1h | 0.09976 | −0.046% | $265K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09972 | −0.090% | $736K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09983 | +0.021% | $541K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09970 | −0.112% | $124.4M | $114.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09963 | −0.178% | $4.4M | $56.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09999 | +0.183% | $320K | $524K | 20x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGE
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 | 0.09963 | −0.179% | $324.3M | $1.66B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09963 | −0.179% | $162.5M | $512.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09967 | −0.139% | $114.3M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1000 | +0.195% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09959 | −0.219% | $245.7M | $149.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09966 | −0.149% | $114.4M | $250.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09964 | −0.169% | $66.2M | $49.2M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09957 | −0.239% | $131.6M | $325.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09964 | −0.169% | — | $80.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09959 | −0.219% | $309K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1000 | +0.219% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09997 | +0.161% | $312K | $137.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09999 | +0.181% | $632K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | +0.191% | $150K | $336K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09979 | −0.019% | $64K | $464K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09977 | −0.040% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09984 | +0.031% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09965 | −0.159% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09964 | −0.167% | $5.9M | $67.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09969 | −0.119% | $91.7M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09993 | +0.119% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09973 | −0.076% | $483K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09978 | −0.029% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0111% | 1h | 0.09981 | −0.004% | $567K | $248K | 25x | as long as short |
| Katana Perps DOGE-USD | +0.0114% | 8h | 0.09994 | +0.131% | $1K | $516K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0160% | 1h | 0.09999 | +0.177% | $445 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0193% | 1h | 0.09980 | −0.006% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | +0.241% | $16.0M | $26.9M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.1001 | +0.241% | $108K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1001 | +0.257% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0252% / S −0.0289% | 1h | 0.09981 | long leg | $323K | — | 200x | |
| Coinbase International DOGE-PERP-INTXshort | +0.0304% | 1h | 0.09968 | −0.129% | $2.0M | $33.8M | 50x | |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.10000 | +0.186% | $403K | $439K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.502% | $6K | $242K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
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
Deribit DOGE_USDC-PERPETUAL
Katana Perps DOGE-USD
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP