Funding you earn now, next payment 23:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Polymarket Perps−0.159%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs+$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days+0.553%+$55 on $10k
+Price spread, last 3 days (all we have)+0.151%+$15 · spread now −0.159%, 7d avg +0.030%
=Funding pays, the price is against you. BloFin is 0.189% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of +0.030%). If the spread goes back, that is −$19 on $10k: about 5.2 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.553% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps DOGE-USD | 0.1005 | 0.0100 | pay 0.0013% / 1h | 46m 46s | $272K | $533K | 10x |
| Short | BloFin DOGE-USDT | 0.1003 | 0.0220 | get 0.0220% / 8h | 1h 46m | $15.2M | $24.2M | 75x |
Polymarket Perps DOGE-USD
BloFin DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Polymarket Perps. 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: −0.159% → +0.030%
- −$18.89
- Slippage, 4 orders
- −$12.62
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$26.31
- Costs to cover
- 0.326%
- Break-even
- 14.3 days
Slippage from Polymarket Perps: live order book, 36 min ago; BloFin: live order book, 2 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 Polymarket Perps live order book, 36 min ago | 2.65 bp | 8.0 bp −$8 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.99 bp | 8.0 bp −$8 | 8.6 bp −$86 | 19.3 bp −$1,929 | 37.1 bp −$18.5K |
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 | 0.1003 | −0.189% | $153.4M | $262.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1003 | −0.147% | $378K | $4.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1003 | −0.172% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0019% | 1h | 0.1005 | +0.015% | $226K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0019% | 1h | 0.1003 | −0.186% | $627K | $105K | 25x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1005 | −0.021% | $15K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0093% | 8h | 0.1003 | −0.139% | $241.5M | $121.0M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1003 | −0.162% | $785K | $5.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.1006 | +0.060% | $1K | $355K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.065% | $701K | $770K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.127% | $5.0M | $41.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1006 | +0.068% | $337K | $497K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.213% | $318.7M | $1.28B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.119% | $162.0M | $405.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1004 | −0.090% | $109.5M | $909.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1006 | +0.119% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −0.189% | $384K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1004 | −0.080% | $109.6M | $214.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1003 | −0.159% | $65.9M | $39.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1004 | −0.080% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | −0.292% | $933K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | −0.217% | $275K | $113.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | −0.238% | $631K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | −0.090% | $145K | $239K | 25x | as long as short |
| Polymarket Perps DOGE-USDlong | +0.0100% | 1h | 0.1005 | long leg | $272K | $533K | 10x | |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1003 | −0.169% | $72K | $417K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.160% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.048% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1003 | −0.189% | $2K | $3.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.205% | $6.0M | $48.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.199% | $92.9M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1005 | +0.045% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1003 | −0.149% | $559K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1003 | −0.164% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0176% | 1h | 0.1004 | −0.102% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1006 | +0.101% | $531 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1003 | −0.159% | $2.0M | $22.9M | 50x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.1003 | −0.159% | $15.2M | $24.2M | 75x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.1003 | −0.175% | $312K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1003 | −0.208% | $6.0M | $32.0M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0371% | 1h | 0.1004 | −0.129% | $530K | $934K | 15x | as long as short |
| Hyperliquid DOGE | +0.0403% | 1h | 0.1005 | +0.010% | $110.5M | $81.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1006 | +0.123% | $316K | $473K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1008 | +0.308% | $5K | $207K | 12x | as long as short |
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-USDC
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP