Funding you earn now, next payment 23:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.020%
Price spread now: Phoenix against Aevo+0.282%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.282% dearer against Aevo than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo DOGE-PERP | 0.09978 | 0.0104 | pay 0.0013% / 1h | 55m 08s | $19K | — | 3x |
| Short | Phoenix DOGE | 0.1001 | 0.0239 | get 0.0030% / 1h | 55m 08s | $67K | $283K | 10x |
Aevo DOGE-PERP
Phoenix DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aevo. 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
- $28.35
- Price spread: +0.282% → 0.000%
- $28.16
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $33.51
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 13 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 13 min ago | 1.01 bp | 12.3 bp −$12 | 43.0 bp −$430 | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOGE_USDT | −0.0248% | 8h | 0.09977 | −0.013% | $241.3M | $126.3M | 75x | as long as short |
| Bitget DOGEUSDT | −0.0204% | 8h | 0.09968 | −0.103% | $152.3M | $270.9M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0078% | 1h | 0.09980 | +0.018% | $5.9M | $33.7M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1000 | +0.219% | $407K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09979 | +0.008% | $600K | $121K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09975 | −0.035% | $24K | — | 150x | as long as short |
| Phemex DOGEUSDT | +0.0022% | 8h | 0.09980 | +0.017% | $92.2M | $19.1M | 50x | as long as short |
| dYdX DOGE-USD | +0.0043% | 1h | 0.09995 | +0.165% | $224K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09986 | +0.079% | $857K | $5.6M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09986 | +0.077% | $999 | $398K | 10x | as long as short |
Gate DOGE_USDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Phemex DOGEUSDT
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.09983 | +0.047% | $512K | $977K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09982 | +0.041% | $4.8M | $46.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1000 | +0.220% | $333K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09981 | +0.027% | $317.6M | $1.39B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09985 | +0.067% | $157.6M | $436.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09984 | +0.057% | $110.3M | $961.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09983 | +0.047% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09980 | +0.017% | $382K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09983 | +0.047% | $110.8M | $222.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09979 | +0.007% | $65.8M | $42.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09977 | −0.013% | — | $76.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09980 | +0.017% | $380K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.399% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09996 | +0.173% | $261K | $121.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.275% | $629K | $4.6M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09981 | +0.022% | $264K | $567K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09977 | −0.013% | $73K | $446K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09979 | +0.003% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09979 | +0.008% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09979 | +0.007% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09976 | −0.023% | $6.0M | $52.3M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09986 | +0.074% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09973 | −0.052% | $616K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERPlong | +0.0104% | 1h | 0.09978 | long leg | $19K | — | 3x | |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09980 | +0.013% | $527 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0180% | 1h | 0.09976 | −0.023% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09980 | +0.017% | $15.2M | $25.3M | 75x | as long as short |
| Phoenix DOGEshort | +0.0239% | 1h | 0.1001 | +0.282% | $67K | $283K | 10x | |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09982 | +0.037% | $2.0M | $24.4M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.09974 | −0.041% | $308K | — | 200x | as long as short |
| ApeX Omni DOGEUSDT | +0.0539% | 1h | 0.1001 | +0.318% | $147K | $253K | 25x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.09984 | +0.057% | $316K | $478K | 10x | as long as short |
| Hyperliquid DOGE | +0.0781% | 1h | 0.09995 | +0.163% | $118.1M | $91.3M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1002 | +0.418% | $5K | $239K | 12x | as long as short |
Nado DOGE-PERP
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
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
ApeX Omni DOGEUSDT
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP