Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin−0.081%72s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as 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−$290.293% of the position
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.081%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.053% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.029%). Swap the legs. The two prices were read 72 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 | BloFin DOGE-USDT | 0.09830 | 0.0220 | pay 0.0220% / 8h | 7h 31m | $15.3M | $26.6M | 75x |
| Short | Bybit DOGEUSDT | 0.09822 | 0.0100 | get 0.0100% / 8h | 7h 31m | $162.5M | $520.6M | 75x |
BloFin DOGE-USDT
Bybit DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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: −0.081% → −0.029%
- −$5.28
- Slippage, 4 orders
- −$6.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.82
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Bybit: live order book, 2 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 BloFin live order book, 7 min ago | 0.51 bp | 6.5 bp −$7 | 7.8 bp −$78 | 15.2 bp −$1,524 | 35.1 bp −$17.6K |
| Sell Bybit live order book, 2 min ago | 0.51 bp | 7.7 bp −$8 | 9.8 bp −$98 | 19.9 bp −$1,988 | 41.5 bp −$20.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0097% | 1h | 0.09825 | −0.054% | $5.4M | $40.6M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0014% | 8h | 0.09820 | −0.102% | $139.2M | $346.6M | 75x | as long as short |
| Gate DOGE_USDT | −0.0001% | 8h | 0.09819 | −0.112% | $248.2M | $154.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09809 | −0.211% | $537K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09819 | −0.117% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.121% | $6K | $242K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09885 | +0.562% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09834 | +0.042% | $820K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09822 | −0.081% | $2K | $545K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09815 | −0.148% | $531K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Gate DOGE_USDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09829 | −0.006% | $122.6M | $116.9M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09829 | −0.010% | $4.9M | $58.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09835 | +0.050% | $319K | $484K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09829 | −0.010% | $325.4M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDTshort | +0.0100% | 8h | 0.09822 | −0.081% | $162.5M | $520.6M | 75x | |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09825 | −0.051% | $113.9M | $1.18B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09829 | −0.010% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09875 | +0.458% | $377K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09823 | −0.071% | $116.9M | $259.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09819 | −0.112% | $65.7M | $49.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09820 | −0.102% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09824 | −0.061% | $298K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09876 | +0.467% | $1.1M | $8.5M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09876 | +0.463% | $300K | $139.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09875 | +0.458% | $621K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09900 | +0.712% | $141K | $347K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09822 | −0.082% | $256K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09824 | −0.061% | $70K | $465K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09878 | +0.491% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09824 | −0.064% | $34K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09822 | −0.081% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09831 | +0.010% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09827 | −0.031% | $89.8M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09832 | +0.024% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09818 | −0.123% | $479K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09823 | −0.070% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0127% | 1h | 0.09826 | −0.037% | $557K | $295K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0202% | 1h | 0.09813 | −0.170% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09828 | −0.020% | $1.9M | $34.6M | 50x | as long as short |
| BloFin DOGE-USDTlong | +0.0220% | 8h | 0.09830 | long leg | $15.3M | $26.6M | 75x | |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09833 | +0.027% | $453 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0235% / S −0.0207% | 1h | 0.09817 | −0.127% | $295K | — | 200x | as long as short |
| dYdX DOGE-USD | +0.0595% | 1h | 0.09834 | +0.040% | $231K | $74K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09835 | +0.047% | $395K | $449K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
dYdX DOGE-USD
RISEx DOGE/USDC