Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Orderly against Polymarket Perps+0.168%53s7-day average +0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.168%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.162% dearer against Polymarket Perps than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 53 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 | Polymarket Perps DOGE-USD | 0.1009 | 0.0100 | pay 0.0013% / 1h | 25m 29s | $272K | $629K | 10x |
| Short | Orderly PERP_DOGE_USDC | 0.1011 | 0.0100 | get 0.0100% / 8h | 7h 25m | $73K | $424K | 50x |
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: +0.168% → +0.007%
- $16.15
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $2.15
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 47 min ago; Orderly: no order-book sample. 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 Polymarket Perps live order book, 47 min ago | 3.03 bp | 8.3 bp −$8 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0238% | 8h | 0.1010 | +0.129% | $93.3M | $17.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0179% | 8h | 0.1009 | −0.030% | $153.2M | $270.9M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1011 | +0.171% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1010 | +0.116% | $408K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1011 | +0.158% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0016% | 1h | 0.1010 | +0.054% | $227K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0086% | 1h | 0.1011 | +0.196% | $608K | $121K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1011 | +0.167% | $789K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1009 | +0.030% | $843 | $412K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1009 | 0.000% | $517K | $971K | 10x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
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 | 0.1010 | +0.074% | $5.0M | $46.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1010 | +0.070% | $336K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1009 | +0.030% | $320.9M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1009 | +0.030% | $160.2M | $437.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1009 | +0.050% | $111.3M | $973.1M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1009 | +0.040% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1007 | −0.195% | $386K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1009 | −0.030% | $245.1M | $129.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1009 | +0.050% | $113.9M | $224.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1009 | −0.010% | $66.2M | $42.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1009 | 0.000% | — | $76.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1010 | +0.069% | $365K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | +0.147% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1008 | −0.106% | $265K | $123.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1009 | −0.044% | $633K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1008 | −0.099% | $148K | $268K | 25x | as long as short |
| Polymarket Perps DOGE-USDlong | +0.0100% | 1h | 0.1009 | long leg | $272K | $629K | 10x | |
| Orderly PERP_DOGE_USDCshort | +0.0100% | 8h | 0.1011 | +0.168% | $73K | $424K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1011 | +0.158% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1011 | +0.183% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1011 | +0.168% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1011 | +0.187% | $6.0M | $52.7M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1009 | −0.004% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1009 | −0.022% | $532K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1011 | +0.163% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1009 | +0.038% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1009 | +0.049% | $533 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1008 | −0.119% | $15.5M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1011 | +0.228% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1010 | +0.107% | $66K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0263% | 1h | 0.1011 | +0.168% | $311K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1009 | +0.047% | $326K | $480K | 10x | as long as short |
| Hyperliquid DOGE | +0.0830% | 1h | 0.1011 | +0.159% | $123.2M | $94.9M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1011 | +0.198% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP