Funding you earn now, next payment 20:00 UTC−0.0026%/8hpaid last 24h −0.016%
Price spread now: SunX against Backpack−0.047%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)+0.136%+$14 · spread now −0.047%, 7d avg +0.046%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.093% cheaper against Backpack than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOGE_USDC_PERP | 0.09775 | 0.0126 | pay 0.0016% / 1h | 6m 04s | $520K | $789K | 15x |
| Short | SunX DOGE-USDT | 0.09770 | 0.0100 | get 0.0100% / 8h | 4h 06m | $34K | $2.1M | 30x |
Backpack DOGE_USDC_PERP
SunX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Backpack. 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
- −$5.44
- Price spread: −0.047% → +0.046%
- −$9.3
- Slippage, 4 orders
- −$41.2
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$73.94
- Costs to cover
- 0.592%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 27 min ago; SunX: live order book, 4 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 Backpack live order book, 27 min ago | 0.51 bp | 7.0 bp −$7 | 587.2 bp −$5,872 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 18.08 bp | 23.2 bp −$23 | 30.7 bp −$307 | 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 | −0.0219% | 8h | 0.09760 | −0.153% | $151.4M | $250.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09773 | −0.024% | $406K | $3.9M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09768 | −0.068% | $32K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0006% | 1h | 0.09774 | −0.006% | $611K | $72K | 25x | as long as short |
| dYdX DOGE-USD | +0.0015% | 1h | 0.09771 | −0.036% | $219K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0070% | 8h | 0.09767 | −0.082% | $235.2M | $116.2M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09794 | +0.192% | $16K | $197K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0091% | 8h | 0.09772 | −0.031% | $1K | $299K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09773 | −0.023% | $774K | $4.9M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09765 | −0.097% | $698K | $641K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
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 | 0.09771 | −0.041% | $4.5M | $37.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09770 | −0.054% | $356K | $512K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09770 | −0.051% | $310.1M | $1.19B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09769 | −0.061% | $152.9M | $377.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09771 | −0.041% | $104.8M | $837.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09772 | −0.031% | $27K | $73K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09778 | +0.027% | $375K | $11K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09771 | −0.041% | $125.3M | $189.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09770 | −0.051% | $65.1M | $36.8M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09769 | −0.061% | — | $71.1M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09803 | +0.291% | $1.5M | $6.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09796 | +0.213% | $254K | $102.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09804 | +0.297% | $623K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09790 | +0.153% | $143K | $207K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09764 | −0.114% | $280K | $541K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09771 | −0.041% | $60K | $323K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09768 | −0.069% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDTshort | +0.0100% | 8h | 0.09770 | −0.047% | $34K | $2.1M | 30x | |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09767 | −0.082% | $2K | $3.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09773 | −0.023% | $5.8M | $43.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09770 | −0.051% | $91.0M | $19.7M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09767 | −0.085% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09769 | −0.059% | $577K | $3.3M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09770 | −0.051% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0120% | 1h | 0.09772 | −0.028% | $516 | $4K | 10x | as long as short |
| Backpack DOGE_USDC_PERPlong | +0.0126% | 1h | 0.09775 | long leg | $520K | $789K | 15x | |
| Reya DOGERUSDPERP | +0.0170% | 1h | 0.09768 | −0.069% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09775 | 0.000% | $15.0M | $21.2M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0232% | 1h | 0.09775 | 0.000% | $2.0M | $20.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0238% / S −0.0250% | 1h | 0.09769 | −0.065% | $292K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0461% | 1h | 0.09769 | −0.063% | $5.8M | $27.8M | 50x | as long as short |
| Hyperliquid DOGE | +0.0633% | 1h | 0.09784 | +0.093% | $110.4M | $60.6M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0699% | 1h | 0.09774 | −0.005% | $308K | $477K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0921% | 1h | 0.09760 | −0.153% | $5K | $146K | 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-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP