Funding you earn now, next payment 03:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.24 per $10,000 · paid last 24h −0.028%
Price spread now: Polymarket Perps against Coinbase International−0.132%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.132%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Polymarket Perps 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 −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.1000 | 0.0296 | pay 0.0037% / 1h | 20m 46s | $2.3M | $27.3M | 50x |
| Short | Polymarket Perps DOGE-USD | 0.09991 | 0.0100 | get 0.0013% / 1h | 20m 46s | $258K | $863K | 10x |
Coinbase International DOGE-PERP-INTX
Polymarket Perps DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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: −0.132% → −0.046%
- −$8.61
- Slippage, 4 orders
- −$8.17
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$75.94
- Costs to cover
- 0.262%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Polymarket Perps: live order book, 37 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 | 9.6 bp −$10 | 16.0 bp −$160 | 49.3 bp −$4,926 | doesn't fit |
| Sell Polymarket Perps live order book, 37 min ago | 0.05 bp | 4.1 bp −$4 | 5.3 bp −$53 | doesn't fit | 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 | −0.0040% | 8h | 0.09992 | −0.120% | $151.1M | $276.6M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09995 | −0.089% | $5.7M | $35.7M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09992 | −0.121% | $394K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09992 | −0.121% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0015% | 1h | 0.09997 | −0.069% | $224K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | −0.037% | $733K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.09989 | −0.150% | $999 | $457K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09987 | −0.170% | $525K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09994 | −0.101% | $4.7M | $49.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09997 | −0.066% | $325K | $483K | 20x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09995 | −0.086% | $323.7M | $1.47B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09994 | −0.100% | $163.1M | $447.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09996 | −0.080% | $112.8M | $1.01B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.156% | $385K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09995 | −0.090% | $246.4M | $134.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09994 | −0.100% | $111.7M | $235.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09992 | −0.120% | $66.1M | $43.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09998 | −0.060% | — | $77.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09990 | −0.140% | $321K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09987 | −0.173% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1000 | −0.040% | $300K | $130.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09995 | −0.090% | $637K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | +0.360% | $146K | $288K | 25x | as long as short |
| Polymarket Perps DOGE-USDshort | +0.0100% | 1h | 0.09991 | −0.132% | $258K | $863K | 10x | |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09995 | −0.090% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09993 | −0.115% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | −0.018% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09997 | −0.070% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09993 | −0.112% | $6.0M | $58.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09993 | −0.110% | $91.9M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09988 | −0.163% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09991 | −0.131% | $495K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09995 | −0.087% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0180% | 1h | 0.09996 | −0.082% | $597K | $119K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.09994 | −0.098% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09993 | −0.106% | $533 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09992 | −0.120% | $15.6M | $25.4M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1003 | +0.247% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.09992 | −0.120% | $313K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0262% | 1h | 0.1001 | +0.038% | $122.0M | $101.4M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0296% | 1h | 0.1000 | long leg | $2.3M | $27.3M | 50x | |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1000 | −0.040% | $109K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09992 | −0.115% | $404K | $413K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1003 | +0.260% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
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
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
Deribit DOGE_USDC-PERPETUAL
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