Funding you earn now, next payment 06:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.032%
Price spread now: MEXC against Coinbase International+0.010%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.010%, 7d avg −0.023%
=The price spread pays, funding is against you. MEXC is 0.033% dearer against Coinbase International than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.023%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09985 | 0.0240 | pay 0.0030% / 1h | 45m 03s | $1.9M | $34.7M | 50x |
| Short | MEXC DOGE_USDT | 0.09986 | 0.0100 | get 0.0100% / 8h | 1h 45m | $110.6M | $257.5M | 300x |
Coinbase International DOGE-PERP-INTX
MEXC DOGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.010% → −0.023%
- $3.3
- Slippage, 4 orders
- −$8.93
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$45.03
- Costs to cover
- 0.189%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 2.50 bp | 9.9 bp −$10 | 18.5 bp −$185 | 44.8 bp −$4,476 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.50 bp | 0.5 bp −$1 | 2.6 bp −$26 | 11.4 bp −$1,143 | 42.3 bp −$21.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09986 | +0.013% | $5.7M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09957 | −0.280% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09977 | −0.080% | $612K | $6.6M | 2.8x | as long as short |
| Polymarket Perps DOGE-USD | +0.0001% | 1h | 0.09968 | −0.166% | $266K | $1.2M | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09981 | −0.043% | $34K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.458% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0076% | 8h | 0.09978 | −0.070% | $142.2M | $344.4M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09985 | 0.000% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09988 | +0.031% | $852K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09969 | −0.163% | $538K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
Polymarket Perps DOGE-USD
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
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 | 0.09980 | −0.049% | $4.6M | $58.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09960 | −0.250% | $319K | $500K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09982 | −0.035% | $327.8M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09976 | −0.090% | $165.6M | $520.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09981 | −0.040% | $117.4M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.050% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09981 | −0.040% | $250.9M | $154.9M | 75x | as long as short |
| MEXC DOGE_USDTshort | +0.0100% | 8h | 0.09986 | +0.010% | $110.6M | $257.5M | 300x | |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09983 | −0.020% | $66.4M | $50.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09985 | 0.000% | — | $80.9M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09986 | +0.010% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09967 | −0.183% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09979 | −0.063% | $304K | $140.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09979 | −0.060% | $638K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.050% | $150K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09983 | −0.020% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09981 | −0.036% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09960 | −0.253% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09982 | −0.030% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09974 | −0.115% | $5.9M | $69.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09986 | +0.010% | $91.7M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09958 | −0.275% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09978 | −0.072% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09982 | −0.030% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09955 | −0.300% | $832 | $530K | 10x | as long as short |
| Hyperliquid DOGE | +0.0117% | 1h | 0.09993 | +0.081% | $123.8M | $116.2M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0196% | 1h | 0.09973 | −0.122% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09983 | −0.020% | $16.2M | $27.0M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0240% | 1h | 0.09985 | long leg | $1.9M | $34.7M | 50x | |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.09959 | −0.258% | $443 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09981 | −0.041% | $314K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0321% | 1h | 0.09986 | +0.015% | $573K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09954 | −0.310% | $27K | $300K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09960 | −0.253% | $401K | $452K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD
RISEx DOGE/USDC