DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0469%/8h= −51.3% APRnext payment −$0.59 per $10,000 · paid last 24h −0.168%

Price spread now: Phoenix against RISEx+0.089%7-day average −0.009% · 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−$25as in the Price arb table

costs, in and out, $10k−$350.347% of the position

Long on RISEx Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.392%−$39 on $10k

Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.089%, 7d avg −0.009%

Together, before fees−0.380%−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phoenix is 0.098% dearer against RISEx than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of −0.009%): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DOGE/USDC	0.1008	0.0708	pay 0.0088% / 1h	39m 20s	$316K	$475K	10x
Short	Phoenix DOGE	0.1009	0.0239	get 0.0030% / 1h	39m 20s	$67K	$281K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee PhoenixbpOrdersPrice spread, now +0.089%Rate

Funding earned: −$98.46
Price spread: +0.089% → −0.009%: $9.81
Slippage, 4 orders: −$21.67
Fee RISEx: 3 bp × 2 orders: −$6
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$123.32
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from RISEx: live order book, 39 min ago; Phoenix: live order book, 33 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 RISEx live order book, 39 min ago	1.99 bp	5.0 bp −$5	9.3 bp −$93	doesn't fit	doesn't fit
Sell Phoenix live order book, 33 min ago	1.00 bp	12.3 bp −$12	43.0 bp −$430	doesn't fit	doesn't fit

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	−0.0241%	8h	0.1006	−0.210%	$153.2M	$268.6M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1007	−0.091%	$418K	$4.7M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1007	−0.113%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0074%	1h	0.1008	+0.007%	$226K	$44K	10x	as long as short
Gate DOGE_USDT	+0.0078%	8h	0.1007	−0.160%	$242.8M	$126.5M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1008	−0.062%	$807K	$5.5M	15x	as long as short
Katana Perps DOGE-USD	+0.0097%	8h	0.1008	−0.051%	$974	$389K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1007	−0.076%	$601K	$899K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1007	−0.101%	$5.0M	$45.3M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1009	+0.038%	$336K	$509K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1007	−0.126%	$321.9M	$1.36B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1007	−0.130%	$158.7M	$429.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1007	−0.091%	$109.6M	$950.4M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1008	−0.021%	$31K	$80K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1008	−0.021%	$386K	$12K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1007	−0.150%	$112.5M	$220.3M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1007	−0.091%	$66.2M	$41.8M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1007	−0.101%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1011	+0.239%	$1.0M	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1011	+0.258%	$277K	$118.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1011	+0.276%	$637K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1011	+0.276%	$149K	$250K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1007	−0.120%	$260K	$557K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1007	−0.111%	$73K	$433K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1007	−0.115%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1008	−0.033%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1007	−0.111%	$2K	$3.6M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1008	+0.008%	$6.1M	$51.5M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1007	−0.111%	$93.1M	$19.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1007	−0.078%	$18K	$5K	30x	as long as short
Kraken Futures PF_DOGEUSD	+0.0104%	1h	0.1007	−0.110%	$6.0M	$33.2M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1007	−0.123%	$552K	$3.7M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1007	−0.092%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0107%	1h	0.1007	−0.078%	$608K	$115K	25x	as long as short
Reya DOGERUSDPERP	+0.0178%	1h	0.1007	−0.084%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1007	−0.140%	$15.5M	$25.4M	75x	as long as short
Phoenix DOGEshort	+0.0239%	1h	0.1009	+0.089%	$67K	$281K	10x
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1008	−0.061%	$2.0M	$24.3M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0271%	1h	0.1007	−0.109%	$316K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0248%	1h	0.1008	−0.022%	$532	$4K	10x	as long as short
Backpack DOGE_USDC_PERP	+0.0434%	1h	0.1008	+0.018%	$539K	$965K	15x	as long as short
RISEx DOGE/USDClong	+0.0708%	1h	0.1008	long leg	$316K	$475K	10x
Hyperliquid DOGE	+0.0943%	1h	0.1009	+0.078%	$118.0M	$88.4M	10x	as long as short
Injective DOGE/USDC PERP	+0.1039%	1h	0.1011	+0.276%	$5K	$239K	12x	as long as short