Funding you earn now, next payment 03:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.027%
Price spread now: HTX against Coinbase International−0.081%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.081%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.086% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.005%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09908 | 0.0296 | pay 0.0037% / 1h | 38m 57s | $2.3M | $26.7M | 50x |
| Short | HTX DOGE-USDT | 0.09900 | 0.0100 | get 0.0100% / 8h | 4h 38m | $5.9M | $57.4M | 75x |
Coinbase International DOGE-PERP-INTX
HTX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$41.16
- Price spread: −0.081% → +0.005%
- −$8.59
- Slippage, 4 orders
- −$11.75
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$83.5
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; HTX: live order book, 5 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, 5 min ago | 2.02 bp | 10.7 bp −$11 | 15.9 bp −$159 | 46.9 bp −$4,688 | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.30 bp | 7.2 bp −$7 | 15.5 bp −$155 | 41.3 bp −$4,132 | doesn't fit |
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 | −0.0055% | 8h | 0.09903 | −0.050% | $149.8M | $275.3M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09895 | −0.131% | $5.7M | $35.5M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09919 | +0.113% | $394K | $5.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09900 | −0.082% | $592K | $118K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09909 | +0.005% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0030% | 1h | 0.09917 | +0.092% | $223K | $49K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0066% | 1h | 0.09906 | −0.025% | $266K | $844K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09899 | −0.088% | $727K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09908 | 0.000% | $2K | $449K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09904 | −0.035% | $523K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Polymarket Perps DOGE-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09902 | −0.060% | $4.5M | $49.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09919 | +0.111% | $322K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09906 | −0.020% | $316.8M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09910 | +0.020% | $161.0M | $443.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09912 | +0.040% | $111.1M | $993.1M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09885 | −0.232% | $380K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09899 | −0.091% | $244.2M | $133.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09907 | −0.010% | $111.2M | $234.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09904 | −0.040% | $65.4M | $43.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09905 | −0.030% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09894 | −0.141% | $310K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09927 | +0.188% | $1.0M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09907 | −0.006% | $295K | $129.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09930 | +0.221% | $625K | $4.3M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09930 | +0.222% | $144K | $284K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09902 | −0.061% | $69K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09898 | −0.106% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09903 | −0.046% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09899 | −0.091% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDTshort | +0.0100% | 8h | 0.09900 | −0.081% | $5.9M | $57.4M | 75x | |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09895 | −0.131% | $91.0M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09907 | −0.015% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09900 | −0.085% | $497K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09899 | −0.086% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0189% | 1h | 0.09910 | +0.018% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09915 | +0.074% | $528 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09897 | −0.111% | $15.4M | $25.0M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09909 | +0.013% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09908 | 0.000% | $310K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0268% | 1h | 0.09904 | −0.041% | $120.5M | $100.4M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0296% | 1h | 0.09908 | long leg | $2.3M | $26.7M | 50x | |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09920 | +0.121% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09914 | +0.061% | $400K | $412K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09960 | +0.525% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk 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
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
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]
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP