Funding you earn now, next payment 11:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h −0.002%
Price spread now: Polymarket Perps against Bybit+0.058%7-day average −0.002% · 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−$24as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 7 days−0.275%−$28 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.058%, 7d avg −0.002%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.060% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.002%. Mind the row above: over the last 7 days funding on this pair cost −0.275%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DOGEUSDT | 0.09837 | 0.0019 | pay 0.0019% / 8h | 5h 53m | $165.6M | $493.7M | 75x |
| Short | Polymarket Perps DOGE-USD | 0.09843 | 0.0100 | get 0.0013% / 1h | 53m 05s | $244K | $1.2M | 10x |
Bybit DOGEUSDT
Polymarket Perps DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bybit. 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
- $17.03
- Price spread: +0.058% → −0.002%
- $5.98
- Slippage, 4 orders
- −$10.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$6.73
- Costs to cover
- 0.297%
- Break-even
- 9.8 days
Slippage from Bybit: live order book, 4 min ago; Polymarket Perps: 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 Bybit live order book, 4 min ago | 0.51 bp | 6.7 bp −$7 | 8.7 bp −$87 | 18.9 bp −$1,887 | 40.7 bp −$20.4K |
| Sell Polymarket Perps live order book, 3 min ago | 2.34 bp | 6.3 bp −$6 | 9.3 bp −$93 | doesn't fit | doesn't fit |
DOGE on 43 exchanges
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 | −0.0139% | 1h | 0.09848 | +0.107% | $5.3M | $39.7M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0038% | 8h | 0.09830 | −0.071% | $139.2M | $305.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09846 | +0.095% | $524K | $6.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09849 | +0.119% | $551K | $293K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09843 | +0.057% | $33K | — | 150x | as long as short |
| Bybit DOGEUSDTlong | +0.0019% | 8h | 0.09837 | long leg | $165.6M | $493.7M | 75x | |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.045% | $6K | $240K | 12x | as long as short |
| Gate DOGE_USDT | +0.0035% | 8h | 0.09835 | −0.020% | $253.0M | $143.8M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09850 | +0.130% | $18K | $311K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09852 | +0.147% | $814K | $6.4M | 15x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGEShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09843 | +0.061% | $942 | $542K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09846 | +0.090% | $4.9M | $57.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09847 | +0.107% | $315K | $457K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09846 | +0.090% | $325.7M | $1.59B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09838 | +0.010% | $118.2M | $1.10B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09848 | +0.112% | $16K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09860 | +0.234% | $376K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09842 | +0.051% | $113.4M | $247.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09846 | +0.091% | $65.1M | $45.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09836 | −0.010% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09840 | +0.030% | $313K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09847 | +0.102% | $1.3M | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09857 | +0.205% | $266K | $131.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09851 | +0.138% | $620K | $3.8M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09850 | +0.132% | $139K | $344K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09840 | +0.036% | $509K | $1.1M | 10x | as long as short |
| Polymarket Perps DOGE-USDshort | +0.0100% | 1h | 0.09843 | +0.058% | $244K | $1.2M | 10x | |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09845 | +0.081% | $68K | $414K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09846 | +0.089% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09846 | +0.091% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09849 | +0.126% | $5.9M | $64.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09846 | +0.091% | $89.7M | $15.4M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09843 | +0.065% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09840 | +0.033% | $482K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09845 | +0.077% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0127% | 1h | 0.09846 | +0.087% | $122.2M | $107.9M | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0144% | 1h | 0.09845 | +0.080% | $453 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0206% | 1h | 0.09838 | +0.015% | $2K | — | 20x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0211% / S −0.0184% | 1h | 0.09842 | +0.053% | $285K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09847 | +0.102% | $15.4M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0264% | 1h | 0.09851 | +0.142% | $2.2M | $33.0M | 50x | as long as short |
| dYdX DOGE-USD | +0.0579% | 1h | 0.09846 | +0.094% | $231K | $75K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0587% | 1h | 0.09849 | +0.126% | $409K | $412K | 10x | as long as short |
Katana Perps DOGE-USD
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
Nado DOGE-PERP
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Hyperliquid DOGE
01 Exchange DOGEUSD
Reya DOGERUSDPERP
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
dYdX DOGE-USD
RISEx DOGE/USDC