Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.064%51s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$250.250% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 3 days (all we have)−0.090%−$9 · spread now +0.064%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.046% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 51 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 | Binance DOGEUSDT | 0.1007 | 0.0100 | pay 0.0100% / 8h | 7h 28m | $320.3M | $1.40B | 75x |
| Short | BloFin DOGE-USDT | 0.1008 | 0.0220 | get 0.0220% / 8h | 7h 28m | $15.4M | $25.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: +0.064% → +0.018%
- $4.58
- Slippage, 4 orders
- −$2.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $4.8
- Costs to cover
- 0.250%
- Break-even
- 5.7 days
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 6 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 Binance live order book, 16 min ago | 0.50 bp | 5.5 bp −$5 | 8.5 bp −$85 | 16.9 bp −$1,691 | 32.5 bp −$16.2K |
| Sell BloFin live order book, 6 min ago | 0.99 bp | 7.0 bp −$7 | 12.7 bp −$127 | 24.9 bp −$2,488 | 39.6 bp −$19.8K |
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 | −0.0287% | 8h | 0.1008 | +0.094% | $93.1M | $17.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0183% | 8h | 0.1007 | −0.065% | $152.9M | $270.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1008 | +0.020% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1009 | +0.116% | $408K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1007 | −0.040% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0018% | 1h | 0.1007 | −0.013% | $226K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0018% | 1h | 0.1008 | +0.057% | $606K | $121K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1008 | +0.100% | $789K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1007 | −0.055% | $841 | $410K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1007 | −0.029% | $4.9M | $46.4M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1008 | +0.072% | $336K | $516K | 20x | as long as short |
| Binance DOGEUSDTlong | +0.0100% | 8h | 0.1007 | long leg | $320.3M | $1.40B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.024% | $159.9M | $437.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1008 | +0.044% | $110.6M | $970.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1008 | +0.014% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1007 | −0.043% | $386K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1007 | −0.065% | $244.3M | $129.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1007 | −0.065% | $113.6M | $224.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1007 | −0.085% | $66.0M | $42.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1007 | −0.045% | — | $76.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1009 | +0.113% | $365K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | +0.262% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1011 | +0.348% | $266K | $123.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1011 | +0.332% | $634K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1006 | −0.145% | $148K | $267K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1006 | −0.110% | $516K | $971K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1006 | −0.115% | $273K | $606K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1008 | +0.024% | $73K | $424K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.008% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.009% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1008 | +0.024% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.080% | $6.0M | $52.7M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1008 | +0.103% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1007 | −0.002% | $532K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1008 | +0.029% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1007 | −0.057% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1007 | −0.058% | $532 | $4K | 10x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.1008 | +0.064% | $15.4M | $25.7M | 75x | |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1009 | +0.163% | $2.0M | $25.0M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1010 | +0.269% | $67K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.1007 | −0.050% | $310K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1007 | −0.021% | $326K | $480K | 10x | as long as short |
| Hyperliquid DOGE | +0.0838% | 1h | 0.1008 | +0.054% | $122.7M | $94.6M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1014 | +0.649% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
BloFin DOGE-USDT
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP