Funding you earn now, next payment 22:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h +0.049%
Price spread now: GMX against BingX+0.128%7-day average +0.066% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.141%+$14 on $10k
+Price spread, last 3 days (all we have)+0.066%+$7 · spread now +0.128%, 7d avg +0.066%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.062% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOGE-USDC | 0.09907 | 0.0100 | pay 0.0100% / 8h | 2h 04m | — | $3.4M | — |
| Short | GMX DOGE/USD [ETH-USDC] | 0.09920 | L +0.0244% / S −0.0247% | get 0.0031% / 1h | 4m 17s | $317K | — | 200x |
BingX DOGE-USDC
GMX DOGE/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BingX. 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
- $30.88
- Price spread: +0.128% → +0.066%
- $6.18
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $15.05
- Costs to cover
- 0.220%
- Break-even
- 3.6 days
Slippage unknown: BingX: live order book, 15 min ago; GMX: no order-book sample. 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 BingX live order book, 15 min ago | 1.00 bp | 7.6 bp −$8 | 13.6 bp −$136 | 36.5 bp −$3,650 | 107.1 bp −$53.6K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0278% | 8h | 0.09915 | +0.081% | $152.0M | $261.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09921 | +0.146% | $368K | $4.4M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09926 | +0.196% | $620K | $106K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09920 | +0.135% | $32K | — | 150x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09951 | +0.441% | $15K | $225K | 10x | as long as short |
| Gate DOGE_USDT | +0.0080% | 8h | 0.09917 | +0.101% | $236.2M | $121.2M | 75x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09913 | +0.061% | $839 | $345K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09927 | +0.201% | $752K | $5.2M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09909 | +0.015% | $617K | $703K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09920 | +0.134% | $4.9M | $40.7M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Gate DOGE_USDT
Katana Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09917 | +0.101% | $334K | $496K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09932 | +0.248% | $314.5M | $1.27B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09929 | +0.222% | $158.8M | $399.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09935 | +0.283% | $108.7M | $895.1M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09921 | +0.141% | $28K | $76K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09915 | +0.081% | $109.7M | $221.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09913 | +0.061% | $64.9M | $39.3M | 75x | as long as short |
| BingX DOGE-USDClong | +0.0100% | 8h | 0.09907 | long leg | — | $3.4M | — | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09902 | −0.050% | $931K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09933 | +0.264% | $267K | $112.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09924 | +0.176% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | +0.131% | $144K | $228K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09909 | +0.015% | $271K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09922 | +0.151% | $57K | $396K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09922 | +0.151% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09918 | +0.109% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09925 | +0.182% | $2K | $3.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09931 | +0.242% | $5.9M | $47.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09931 | +0.242% | $92.1M | $19.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09947 | +0.404% | $381K | $14K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09915 | +0.081% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09921 | +0.140% | $547K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09924 | +0.171% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0109% | 1h | 0.09913 | +0.058% | $223K | $44K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09916 | +0.093% | $524 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0175% | 1h | 0.09912 | +0.055% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09910 | +0.030% | $15.1M | $23.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09925 | +0.182% | $2.0M | $22.5M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0244% / S −0.0247% | 1h | 0.09920 | +0.128% | $317K | — | 200x | |
| Backpack DOGE_USDC_PERP | +0.0253% | 1h | 0.09911 | +0.040% | $523K | $931K | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0288% | 1h | 0.09925 | +0.181% | $6.0M | $31.9M | 50x | as long as short |
| Hyperliquid DOGE | +0.0409% | 1h | 0.09924 | +0.174% | $109.1M | $79.9M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09921 | +0.140% | $311K | $474K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09960 | +0.535% | $5K | $180K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Bulk DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
dYdX DOGE-USD
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP