Funding you earn now, next payment 23:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h +0.002%
Price spread now: dYdX against Orderly+0.074%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.088%−$9 · spread now +0.074%, 7d avg +0.002%
=The price spread pays, funding is against you. dYdX is 0.072% dearer against Orderly than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.002%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.005% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOGE_USDC | 0.1004 | 0.0100 | pay 0.0100% / 8h | 1h 45m | $72K | $417K | 50x |
| Short | dYdX DOGE-USD | 0.1005 | 0.0016 | get 0.0002% / 1h | 45m 47s | $226K | $44K | 10x |
Orderly PERP_DOGE_USDC
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$17.6
- Price spread: +0.074% → +0.002%
- $7.17
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$26.43
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 38 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 dYdX live order book, 38 min ago | 16.05 bp | 54.7 bp −$55 | 135.5 bp −$1,355 | 174.1 bp −$17.4K | 211.4 bp −$105.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0273% | 8h | 0.1004 | +0.050% | $153.6M | $262.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1004 | −0.023% | $378K | $4.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1003 | −0.083% | $32K | — | 150x | as long as short |
| dYdX DOGE-USDshort | +0.0016% | 1h | 0.1005 | +0.074% | $226K | $44K | 10x | |
| Phoenix DOGE | +0.0081% | 1h | 0.1005 | +0.069% | $15K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0092% | 8h | 0.1004 | +0.050% | $241.7M | $121.1M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1006 | +0.195% | $787K | $5.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.1003 | −0.110% | $1K | $355K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.144% | $701K | $770K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.090% | $5.0M | $41.5M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1006 | +0.194% | $337K | $497K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.197% | $320.2M | $1.28B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.189% | $162.3M | $405.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1006 | +0.219% | $109.6M | $911.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1003 | −0.060% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −0.100% | $384K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1006 | +0.209% | $109.7M | $214.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1006 | +0.199% | $66.0M | $39.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1004 | +0.050% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | −0.203% | $933K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | −0.127% | $275K | $113.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | −0.149% | $631K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | 0.000% | $145K | $239K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1003 | −0.110% | $272K | $533K | 10x | as long as short |
| Orderly PERP_DOGE_USDClong | +0.0100% | 8h | 0.1004 | long leg | $72K | $417K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.024% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.027% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1004 | +0.030% | $2K | $3.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.028% | $6.0M | $48.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1004 | +0.020% | $93.1M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1006 | +0.215% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1004 | +0.013% | $559K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1004 | +0.025% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0128% | 1h | 0.1004 | +0.035% | $628K | $105K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0176% | 1h | 0.1003 | −0.073% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1003 | −0.080% | $530 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1004 | −0.010% | $2.0M | $22.9M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1003 | −0.070% | $15.2M | $24.2M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.1003 | −0.067% | $311K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1004 | +0.016% | $6.0M | $32.0M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0368% | 1h | 0.1004 | +0.040% | $530K | $934K | 15x | as long as short |
| Hyperliquid DOGE | +0.0416% | 1h | 0.1006 | +0.208% | $110.7M | $81.1M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1004 | −0.049% | $315K | $473K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1008 | +0.398% | $5K | $207K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP