Funding you earn now, next payment 01:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.024%
Price spread now: Bulk against Coinbase International+0.218%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 3 days (all we have)−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)−0.198%−$20 · spread now +0.218%, 7d avg −0.008%
=The price spread pays, funding is against you. Bulk is 0.226% dearer against Coinbase International than usual: you sell high and buy low (spread +0.218% now, against its 7-day average of −0.008%): +$23 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 3 days (−0.010% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09994 | 0.0240 | pay 0.0030% / 1h | 1m 36s | $2.3M | $25.8M | 50x |
| Short | Bulk DOGE-USD | 0.1002 | 0.0100 | get 0.0013% / 1h | 1m 36s | $384K | $5K | 10x |
Coinbase International DOGE-PERP-INTX
Bulk DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- −$29.4
- Price spread: +0.218% → −0.008%
- $22.55
- Slippage, 4 orders
- −$17.71
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$41.55
- Costs to cover
- 0.347%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Bulk: 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 Coinbase International live order book, 3 min ago | 2.00 bp | 10.1 bp −$10 | 19.3 bp −$193 | 50.7 bp −$5,072 | doesn't fit |
| Sell Bulk live order book, 2 min ago | 4.99 bp | 8.5 bp −$8 | 8.5 bp −$85 | 16.7 bp −$1,670 | 28.5 bp −$14.3K |
DOGE on 43 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 | −0.0094% | 8h | 0.09964 | −0.300% | $150.9M | $272.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09983 | −0.107% | $394K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09989 | −0.053% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.09973 | −0.207% | $224K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.09990 | −0.036% | $5.8M | $34.7M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09986 | −0.075% | $822K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09969 | −0.250% | $833 | $429K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09982 | −0.115% | $532K | $988K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09990 | −0.038% | $4.6M | $48.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09980 | −0.138% | $328K | $503K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09978 | −0.157% | $317.8M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09976 | −0.180% | $159.1M | $437.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09977 | −0.170% | $110.9M | $980.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09984 | −0.100% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USDshort | +0.0100% | 1h | 0.1002 | +0.218% | $384K | $5K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09970 | −0.240% | $241.9M | $133.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09973 | −0.210% | $113.4M | $232.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09976 | −0.180% | $66.0M | $43.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09977 | −0.170% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09989 | −0.050% | $335K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.218% | $999K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.10000 | +0.059% | $294K | $129.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09982 | −0.124% | $627K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | +0.060% | $146K | $272K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09980 | −0.136% | $256K | $681K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09989 | −0.050% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09988 | −0.055% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09990 | −0.036% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09990 | −0.040% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09986 | −0.080% | $5.9M | $55.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09992 | −0.020% | $92.0M | $16.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09970 | −0.244% | $560K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09989 | −0.051% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0106% | 8h | 0.09977 | −0.170% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0151% | 1h | 0.09990 | −0.039% | $597K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0185% | 1h | 0.09986 | −0.082% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09975 | −0.187% | $532 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0240% | 1h | 0.09994 | long leg | $2.3M | $25.8M | 50x | |
| Phoenix DOGE | +0.0241% | 1h | 0.1004 | +0.419% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09988 | −0.059% | $311K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09977 | −0.170% | $402K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0677% | 1h | 0.09989 | −0.049% | $121.4M | $99.3M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1006 | +0.660% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Gate DOGE_USDT
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP