Funding you earn now, next payment 02:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.029%
Price spread now: Derive against Coinbase International−0.077%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Derive is 0.077% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09926 | 0.0248 | pay 0.0031% / 1h | 12m 12s | $2.3M | $26.3M | 50x |
| Short | Derive DOGE-PERP | 0.09918 | 0.0100 | get 0.0013% / 1h | 12m 12s | $24K | $1K | 10x |
Coinbase International DOGE-PERP-INTX
Derive DOGE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- −$31.08
- Price spread: −0.077% → 0.000%
- −$7.74
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$54.82
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Derive: 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 Coinbase International live order book, 2 min ago | 1.51 bp | 7.7 bp −$8 | 16.6 bp −$166 | 53.1 bp −$5,309 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | −0.0077% | 8h | 0.09911 | −0.151% | $149.9M | $274.1M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09920 | −0.065% | $223K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09937 | +0.115% | $429K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09919 | −0.071% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0063% | 1h | 0.09920 | −0.064% | $593K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09923 | −0.030% | $768K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09923 | −0.030% | $896 | $444K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09922 | −0.041% | $4.7M | $48.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09925 | −0.006% | $326K | $483K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09917 | −0.087% | $317.4M | $1.44B | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09918 | −0.081% | $159.8M | $441.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09919 | −0.071% | $110.8M | $984.4M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09966 | +0.402% | $382K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09919 | −0.071% | $242.5M | $133.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09918 | −0.081% | $111.6M | $231.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09918 | −0.081% | $65.6M | $43.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09919 | −0.071% | — | $76.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09918 | −0.081% | $326K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09975 | +0.489% | $988K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09941 | +0.149% | $295K | $129.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09949 | +0.234% | $631K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09940 | +0.141% | $145K | $279K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09921 | −0.055% | $532K | $997K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09916 | −0.102% | $250K | $742K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09921 | −0.050% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERPshort | +0.0100% | 1h | 0.09918 | −0.077% | $24K | $1K | 10x | |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09924 | −0.022% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09917 | −0.091% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09912 | −0.143% | $5.9M | $56.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09917 | −0.091% | $91.3M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0102% | 8h | 0.09920 | −0.061% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09914 | −0.122% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09918 | −0.082% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0187% | 1h | 0.09919 | −0.069% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09925 | −0.011% | $529 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09932 | +0.060% | $15.6M | $25.0M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09951 | +0.252% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09920 | −0.060% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0248% | 1h | 0.09926 | long leg | $2.3M | $26.3M | 50x | |
| Kraken Futures PF_DOGEUSD | +0.0308% | 1h | 0.09920 | −0.065% | $5.7M | $35.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0520% | 1h | 0.09928 | +0.019% | $121.0M | $100.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09926 | 0.000% | $401K | $368K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09933 | +0.071% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1000 | +0.746% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Nado DOGE-PERP
Polymarket Perps DOGE-USD
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP