Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.037%
Price spread now: BloFin against Orderly−0.160%112s7-day average +0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.160%, 7d avg +0.029%
=Funding pays, the price is against you. BloFin is 0.189% cheaper against Orderly than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.029%). If the spread goes back, that is −$19 on $10k: about 5.3 days of funding at the current rate (+$4 a day). The two prices were read 112 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 | Orderly PERP_DOGE_USDC | 0.1001 | 0.0100 | pay 0.0100% / 8h | 1h 27m | $66K | $467K | 50x |
| Short | BloFin DOGE-USDT | 0.09993 | 0.0220 | get 0.0220% / 8h | 1h 27m | $16.2M | $27.1M | 75x |
Orderly PERP_DOGE_USDC
BloFin DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $25.2
- Price spread: −0.160% → +0.029%
- −$18.91
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$11.71
- Costs to cover
- 0.180%
- Break-even
- 10.3 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 7 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 7 min ago | 1.50 bp | 7.5 bp −$8 | 10.0 bp −$100 | 22.8 bp −$2,277 | 40.0 bp −$20.0K |
Orderly: 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 | 0.1001 | −0.022% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1000 | −0.077% | $225K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09982 | −0.273% | $611K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09980 | −0.287% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.205% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0037% | 1h | 0.10000 | −0.092% | $267K | $1.2M | 10x | as long as short |
| Bitget DOGEUSDT | +0.0061% | 8h | 0.1000 | −0.070% | $142.2M | $344.2M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09997 | −0.123% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | +0.019% | $852K | $6.8M | 15x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.005% | $4.6M | $58.5M | 75x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1001 | −0.037% | $320K | $500K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.026% | $329.7M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.030% | $165.6M | $520.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | −0.030% | $117.8M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | −0.190% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1000 | −0.050% | $250.1M | $156.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.010% | $111.2M | $258.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1000 | −0.090% | $66.6M | $50.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.010% | — | $80.6M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09989 | −0.200% | $304K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09984 | −0.252% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09994 | −0.147% | $303K | $140.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09988 | −0.210% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.090% | $150K | $338K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | −0.075% | $540K | $1.1M | 10x | as long as short |
| Orderly PERP_DOGE_USDClong | +0.0100% | 8h | 0.1001 | long leg | $66K | $467K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.423% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | +0.015% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | −0.020% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09982 | −0.274% | $5.9M | $68.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09984 | −0.250% | $91.7M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1000 | −0.082% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1000 | −0.064% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | −0.015% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0108% | 8h | 0.09999 | −0.100% | $835 | $536K | 10x | as long as short |
| Hyperliquid DOGE | +0.0129% | 1h | 0.1001 | +0.050% | $124.3M | $116.5M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09980 | −0.287% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.09993 | −0.160% | $16.2M | $27.1M | 75x | |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1001 | +0.020% | $1.9M | $34.9M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09983 | −0.263% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1001 | −0.016% | $445 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0320% | 1h | 0.1001 | +0.018% | $574K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09999 | −0.100% | $21K | $307K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.1002 | +0.065% | $403K | $458K | 10x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Nado DOGE-PERP
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
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD
RISEx DOGE/USDC