Funding you earn now, next payment 22:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.018%
Price spread now: Binance against Coinbase International−0.066%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 3 days (all we have)+0.079%+$8 · spread now −0.066%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.040% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.025%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.1005 | 0.0216 | pay 0.0027% / 1h | 18m 11s | $2.0M | $23.6M | 50x |
| Short | Binance DOGEUSDT | 0.1004 | 0.0100 | get 0.0100% / 8h | 1h 18m | $319.5M | $1.32B | 75x |
Coinbase International DOGE-PERP-INTX
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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
- −$24.36
- Price spread: −0.066% → −0.025%
- −$4.05
- Slippage, 4 orders
- −$11.18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.59
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 6 min ago; Binance: live order book, 11 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 Coinbase International live order book, 6 min ago | 2.49 bp | 8.6 bp −$9 | 15.0 bp −$150 | 45.5 bp −$4,554 | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.50 bp | 6.6 bp −$7 | 9.1 bp −$91 | 21.1 bp −$2,112 | 49.4 bp −$24.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0262% | 8h | 0.1003 | −0.159% | $153.1M | $266.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1004 | −0.020% | $418K | $4.7M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1004 | −0.067% | $608K | $109K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1004 | −0.039% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0014% | 1h | 0.1004 | −0.032% | $225K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1009 | +0.401% | $67K | $222K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1004 | −0.036% | $791K | $5.4M | 15x | as long as short |
| Gate DOGE_USDT | +0.0096% | 8h | 0.1003 | −0.129% | $241.7M | $124.5M | 75x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1004 | −0.090% | $838 | $371K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1005 | 0.000% | $570K | $861K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Lighter DOGE
Gate DOGE_USDT
Katana Perps DOGE-USD
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 | 0.1004 | −0.073% | $4.9M | $43.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.003% | $335K | $509K | 20x | as long as short |
| Binance DOGEUSDTshort | +0.0100% | 8h | 0.1004 | −0.066% | $319.5M | $1.32B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.070% | $159.2M | $420.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1004 | −0.040% | $109.4M | $931.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1005 | +0.010% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1006 | +0.162% | $386K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1004 | −0.040% | $112.2M | $217.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1003 | −0.129% | $66.0M | $41.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.090% | — | $74.8M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1007 | +0.251% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1008 | +0.311% | $276K | $116.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1008 | +0.298% | $634K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1009 | +0.438% | $148K | $245K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | −0.070% | $268K | $542K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1004 | −0.050% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.064% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.048% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1004 | −0.060% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.025% | $6.0M | $50.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.109% | $93.0M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1004 | −0.017% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1003 | −0.114% | $559K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1004 | −0.050% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0177% | 1h | 0.1004 | −0.059% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1004 | −0.059% | $530 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0216% | 1h | 0.1005 | long leg | $2.0M | $23.6M | 50x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1005 | +0.010% | $15.3M | $24.9M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0193% | 1h | 0.1004 | −0.033% | $361K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1004 | −0.095% | $5.9M | $32.8M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0410% | 1h | 0.1004 | −0.030% | $536K | $956K | 15x | as long as short |
| Hyperliquid DOGE | +0.0454% | 1h | 0.1005 | +0.020% | $111.7M | $83.2M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1005 | +0.010% | $315K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1006 | +0.139% | $5K | $223K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
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
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP