Funding you earn now, next payment 08:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.034%
Price spread now: Orderly against Coinbase International−0.092%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.092%, 7d avg −0.038%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.054% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09808 | 0.0208 | pay 0.0026% / 1h | 27m 26s | $1.9M | $34.6M | 50x |
| Short | Orderly PERP_DOGE_USDC | 0.09799 | 0.0100 | get 0.0100% / 8h | 7h 27m | $70K | $465K | 50x |
Coinbase International DOGE-PERP-INTX
Orderly PERP_DOGE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$22.68
- Price spread: −0.092% → −0.038%
- −$5.4
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$44.08
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Orderly: 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 | 2.04 bp | 12.4 bp −$12 | 17.5 bp −$175 | 43.5 bp −$4,353 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0097% | 1h | 0.09803 | −0.053% | $5.4M | $40.7M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0015% | 8h | 0.09794 | −0.143% | $138.9M | $347.0M | 75x | as long as short |
| Gate DOGE_USDT | −0.0008% | 8h | 0.09804 | −0.041% | $247.7M | $154.6M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09774 | −0.344% | $535K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09788 | −0.202% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.361% | $6K | $242K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09816 | +0.079% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09823 | +0.156% | $817K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09797 | −0.112% | $2K | $545K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09802 | −0.056% | $501K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Gate DOGE_USDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Phoenix DOGE
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09811 | +0.032% | $122.3M | $117.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09809 | +0.008% | $4.9M | $58.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09813 | +0.050% | $318K | $481K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09810 | +0.018% | $323.8M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09795 | −0.133% | $162.5M | $522.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09800 | −0.082% | $113.2M | $1.18B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09806 | −0.020% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09784 | −0.243% | $374K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09807 | −0.010% | $115.7M | $261.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09808 | 0.000% | $65.2M | $49.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09805 | −0.031% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09809 | +0.010% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09822 | +0.142% | $1.0M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09824 | +0.164% | $298K | $139.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09821 | +0.133% | $617K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09830 | +0.224% | $140K | $347K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09806 | −0.020% | $255K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDCshort | +0.0100% | 8h | 0.09799 | −0.092% | $70K | $465K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09809 | +0.007% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09808 | −0.004% | $34K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09799 | −0.092% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09807 | −0.012% | $5.8M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09808 | 0.000% | $89.6M | $16.5M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09806 | −0.020% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09796 | −0.126% | $476K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09800 | −0.082% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0158% | 1h | 0.09804 | −0.039% | $555K | $298K | 25x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0166% / S −0.0068% | 1h | 0.09806 | −0.018% | $351K | — | 200x | as long as short |
| Reya DOGERUSDPERP | +0.0202% | 1h | 0.09803 | −0.048% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0208% | 1h | 0.09808 | long leg | $1.9M | $34.6M | 50x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09813 | +0.051% | $15.5M | $26.6M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09810 | +0.023% | $452 | $4K | 10x | as long as short |
| dYdX DOGE-USD | +0.0505% | 1h | 0.09812 | +0.039% | $230K | $74K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09786 | −0.224% | $394K | $449K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
GMX DOGE/USD [ETH-USDC]
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
dYdX DOGE-USD
RISEx DOGE/USDC