Funding you earn now, next payment 10:00 UTC+0.0465%/8h= +50.9% APRpaid last 24h +0.167%
Price spread now: RISEx against Phemex+0.086%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.363% of the position
Funding, last 4 days (all we have)+0.379%+$38 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.086%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.054% dearer against Phemex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOGEUSDT | 0.09925 | 0.0100 | pay 0.0100% / 8h | 6h 56m | $90.6M | $16.2M | 50x |
| Short | RISEx DOGE/USDC | 0.09934 | 0.0565 | get 0.0071% / 1h | 56m 09s | $403K | $450K | 10x |
Phemex DOGEUSDT
RISEx DOGE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Phemex. 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
- $97.7
- Price spread: +0.086% → +0.032%
- $5.37
- Slippage, 4 orders
- −$18.34
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $66.73
- Costs to cover
- 0.363%
- Break-even
- 2.2 days
Slippage from Phemex: live order book, 3 min ago; RISEx: live order book, 37 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 Phemex live order book, 3 min ago | 2.52 bp | 13.0 bp −$13 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 37 min ago | 3.56 bp | 6.6 bp −$7 | 15.5 bp −$155 | doesn't fit | doesn't fit |
DOGE on 43 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 | −0.0052% | 1h | 0.09923 | −0.022% | $5.4M | $40.6M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0023% | 8h | 0.09912 | −0.131% | $140.2M | $347.7M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09939 | +0.139% | $513K | $6.6M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09925 | −0.004% | $556K | $299K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09967 | +0.425% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.096% | $6K | $240K | 12x | as long as short |
| Gate DOGE_USDT | +0.0035% | 8h | 0.09916 | −0.091% | $252.2M | $145.7M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09952 | +0.271% | $18K | $355K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09931 | +0.062% | $825K | $6.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09928 | +0.030% | $829 | $545K | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.09927 | +0.015% | $514K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09930 | +0.047% | $124.0M | $113.6M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09916 | −0.090% | $5.0M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09935 | +0.101% | $323K | $473K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09911 | −0.139% | $327.4M | $1.69B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09905 | −0.202% | $166.7M | $520.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09903 | −0.222% | $116.2M | $1.17B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09931 | +0.060% | $17K | $307K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09931 | +0.064% | $379K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09922 | −0.030% | $112.6M | $254.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09925 | 0.000% | $66.1M | $48.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09919 | −0.060% | — | $49.9M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09921 | −0.040% | $311K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09958 | +0.329% | $1.1M | $8.3M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09948 | +0.233% | $265K | $137.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09969 | +0.447% | $628K | $4.0M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | +0.453% | $142K | $347K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09925 | −0.001% | $259K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09922 | −0.030% | $71K | $451K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09928 | +0.028% | $34K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09923 | −0.020% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09929 | +0.042% | $6.0M | $67.6M | 75x | as long as short |
| Phemex DOGEUSDTlong | +0.0100% | 8h | 0.09925 | long leg | $90.6M | $16.2M | 50x | |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09937 | +0.125% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09917 | −0.084% | $483K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09924 | −0.015% | $19K | — | 3x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0166% / S −0.0120% | 1h | 0.09922 | −0.026% | $331K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09931 | +0.063% | $457 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0204% | 1h | 0.09917 | −0.076% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09944 | +0.191% | $15.4M | $26.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09931 | +0.060% | $2.2M | $35.3M | 50x | as long as short |
| dYdX DOGE-USD | +0.0523% | 1h | 0.09927 | +0.015% | $233K | $62K | 10x | as long as short |
| RISEx DOGE/USDCshort | +0.0565% | 1h | 0.09934 | +0.086% | $403K | $450K | 10x |
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
dYdX DOGE-USD