Funding you earn now, next payment 21:00 UTC−0.0721%/8h= −79.0% APRnext payment −$0.90 per $10,000 · paid last 24h −0.183%
Price spread now: Reya against Injective−0.923%52s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Reya is 0.923% cheaper against Injective than usual: you would sell low and buy high (−$92 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | Injective DOGE/USDC PERP | 0.1012 | 0.0892 | pay 0.0112% / 1h | 31m 32s | $5K | $127K | 12x |
| Short | Reya DOGERUSDPERP | 0.1003 | 0.0171 | get 0.0021% / 1h | 31m 32s | $2K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Injective. 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
- −$151.43
- Price spread: −0.923% → 0.000%
- −$92.31
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$249.76
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 18 min ago; Reya: no order-book sample. 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 Injective live order book, 18 min ago | 30.33 bp | 30.3 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0262% | 8h | 0.1000 | −1.146% | $154.2M | $255.7M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0035% | 1h | 0.1004 | −0.825% | $5.9M | $28.5M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1004 | −0.765% | $351K | $4.1M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1004 | −0.773% | $628K | $88K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1002 | −0.965% | $33K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0028% | 1h | 0.09995 | −1.233% | $224K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0080% | 8h | 0.1000 | −1.186% | $235.5M | $118.0M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1009 | −0.265% | $18K | $207K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0093% | 8h | 0.1001 | −1.126% | $2K | $319K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | −1.158% | $804K | $4.9M | 15x | 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 | 0.1001 | −1.086% | $4.7M | $39.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1001 | −1.126% | $358K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | −1.109% | $320.6M | $1.23B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | −1.107% | $157.4M | $389.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | −1.097% | $108.9M | $884.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1001 | −1.057% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −0.718% | $385K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1000 | −1.176% | $146.0M | $197.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09996 | −1.225% | $66.2M | $37.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1001 | −1.136% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | −0.211% | $997K | $7.3M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | −0.951% | $260K | $107.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1002 | −0.947% | $635K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | −0.988% | $144K | $216K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | −1.136% | $712K | $659K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1003 | −0.939% | $281K | $562K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1004 | −0.820% | $73K | $360K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.821% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.760% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1004 | −0.810% | $2K | $3.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.877% | $6.0M | $44.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.850% | $93.3M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1000 | −1.181% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09999 | −1.199% | $561K | $3.4M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1006 | −0.596% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERPshort | +0.0171% | 1h | 0.1003 | −0.923% | $2K | — | 20x | |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1002 | −0.996% | $529 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | −1.077% | $15.1M | $22.3M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.1005 | −0.731% | $2.0M | $21.7M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0265% | 1h | 0.1002 | −0.949% | $310K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0389% | 1h | 0.1002 | −0.998% | $528K | $810K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0530% | 1h | 0.1002 | −1.037% | $316K | $485K | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.0892% | 1h | 0.1012 | long leg | $5K | $127K | 12x | |
| Hyperliquid DOGE | +0.1205% | 1h | 0.1004 | −0.810% | $121.8M | $67.6M | 10x | as long as short |
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Hyperliquid DOGE