Funding you earn now, next payment 05:00 UTC+0.0339%/8h= +37.1% APRpaid last 24h −0.023%
Price spread now: Deribit against OKX+0.053%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.053%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.035% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.5% a year). A funding rate is set anew for every payment. 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 | OKX DOGE-USDT-SWAP | 0.1045 | 0.0100 | pay 0.0100% / 8h | 3h 46m | $119.4M | $1.14B | 50x |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.1046 | 0.0439 | get 0.0055% / 1h | 46m 15s | $589K | $242K | 25x |
OKX DOGE-USDT-SWAP
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- $71.19
- Price spread: +0.053% → +0.017%
- $3.53
- Slippage, 4 orders
- −$13.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $43.95
- Costs to cover
- 0.308%
- Break-even
- 2.7 days
Slippage from OKX: live order book, 3 min ago; Deribit: live order book, 8 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 OKX live order book, 3 min ago | 0.48 bp | 6.3 bp −$6 | 10.0 bp −$100 | 19.4 bp −$1,936 | 40.6 bp −$20.3K |
| Sell Deribit live order book, 8 min ago | 5.70 bp | 9.7 bp −$10 | 54.4 bp −$544 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DOGE-USD | 0.0000% | 1h | 0.1044 | −0.132% | $234K | $70K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1044 | −0.113% | $728K | $6.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1045 | −0.027% | $25K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0007% | 8h | 0.1045 | 0.000% | $141.7M | $308.0M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1046 | +0.099% | $751K | $6.3M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1044 | −0.077% | $567K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1044 | −0.055% | $5.1M | $53.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1044 | −0.069% | $337K | $510K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1045 | −0.013% | $346.8M | $1.57B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1045 | −0.029% | $172.6M | $487.0M | 75x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAPlong | +0.0100% | 8h | 0.1045 | long leg | $119.4M | $1.14B | 50x | |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1047 | +0.157% | $402K | $11K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1044 | −0.057% | $258.2M | $141.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1045 | −0.010% | $116.9M | $239.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1045 | −0.010% | $68.8M | $47.2M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1045 | −0.019% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1043 | −0.201% | $352K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1052 | +0.628% | $1.2M | $8.3M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1044 | −0.048% | $333K | $134.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1043 | −0.153% | $659K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1044 | −0.096% | $164K | $316K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1044 | −0.134% | $268K | $889K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1045 | 0.000% | $73K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1045 | +0.002% | $26K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1045 | +0.032% | $37K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1045 | +0.029% | $2K | $4.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1045 | 0.000% | $6.2M | $63.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1045 | −0.010% | $96.1M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.1043 | −0.160% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1045 | −0.004% | $505K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1045 | +0.035% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0125% | 8h | 0.1044 | −0.086% | $1K | $485K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0191% | 1h | 0.1044 | −0.079% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1044 | −0.096% | $16.2M | $27.3M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1045 | −0.015% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0241% | 1h | 0.1045 | +0.001% | $5.6M | $37.7M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1044 | −0.059% | $464 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0260% / S −0.0320% | 1h | 0.1045 | −0.033% | $345K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1045 | +0.038% | $2.0M | $32.0M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | +0.0439% | 1h | 0.1046 | +0.053% | $589K | $242K | 25x | |
| Hyperliquid DOGE | +0.0578% | 1h | 0.1045 | +0.038% | $129.4M | $107.2M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1045 | −0.048% | $113K | $200K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1044 | −0.066% | $421K | $426K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +0.766% | $6K | $242K | 12x | as long as short |
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
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
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Kraken Futures PF_DOGEUSD
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP