Funding you earn now, next payment 03:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.028%
Price spread now: Coinbase International against ApeX Omni+0.360%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)−0.338%−$34 · spread now +0.360%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.371% dearer against ApeX Omni than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.087% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni DOGEUSDT | 0.1000 | 0.0100 | pay 0.0013% / 1h | 16m 34s | $146K | $289K | 25x |
| Short | Coinbase International DOGE-PERP-INTX | 0.1004 | 0.0296 | get 0.0037% / 1h | 16m 34s | $2.3M | $27.5M | 50x |
ApeX Omni DOGEUSDT
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- $41.16
- Price spread: +0.360% → −0.011%
- $37.05
- Slippage, 4 orders
- −$28.3
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $29.91
- Costs to cover
- 0.483%
- Break-even
- 1.9 days
Slippage from ApeX Omni: live order book, 41 min ago; Coinbase International: live order book, 3 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 ApeX Omni live order book, 41 min ago | 5.05 bp | 10.0 bp −$10 | 51.5 bp −$515 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 1.50 bp | 8.2 bp −$8 | 14.5 bp −$145 | 39.4 bp −$3,940 | 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 | −0.0036% | 8h | 0.1001 | +0.110% | $151.3M | $276.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1003 | +0.326% | $5.7M | $35.7M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1003 | +0.287% | $396K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1003 | +0.284% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0014% | 1h | 0.1001 | +0.132% | $225K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1002 | +0.200% | $735K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.1002 | +0.150% | $905 | $458K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1003 | +0.265% | $527K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.262% | $4.7M | $49.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1002 | +0.179% | $324K | $484K | 20x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1002 | +0.175% | $324.2M | $1.47B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1002 | +0.200% | $164.1M | $448.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | +0.200% | $114.0M | $1.02B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.196% | $385K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1002 | +0.170% | $246.9M | $135.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | +0.200% | $112.2M | $235.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | +0.200% | $66.5M | $43.8M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1002 | +0.160% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1003 | +0.280% | $322K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09987 | −0.133% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09996 | −0.039% | $296K | $130.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09995 | −0.050% | $629K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDTlong | +0.0100% | 1h | 0.1000 | long leg | $146K | $289K | 25x | |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1002 | +0.210% | $259K | $863K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1003 | +0.260% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | +0.256% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | +0.382% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1003 | +0.320% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | +0.309% | $6.0M | $58.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.340% | $92.3M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1002 | +0.189% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1002 | +0.173% | $491K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1003 | +0.300% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0159% | 1h | 0.1003 | +0.324% | $600K | $119K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1003 | +0.253% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.1003 | +0.257% | $534 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1003 | +0.350% | $15.9M | $25.5M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1001 | +0.055% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.1003 | +0.303% | $314K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0263% | 1h | 0.1003 | +0.260% | $122.3M | $101.7M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0296% | 1h | 0.1004 | +0.360% | $2.3M | $27.5M | 50x | |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1003 | +0.320% | $109K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1003 | +0.265% | $405K | $413K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1003 | +0.300% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP