Funding you earn now, next payment 04:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.029%
Price spread now: SunX against Coinbase International−0.014%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$670.666% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.014%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.087%, 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 0.087% in total (about 4.5% 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 | 0.1024 | 0.0304 | pay 0.0038% / 1h | 20m 37s | $2.1M | $33.4M | 50x |
| Short | SunX DOGE-USDT | 0.1024 | 0.0100 | get 0.0100% / 8h | 3h 20m | $36K | $2.3M | 30x |
Coinbase International DOGE-PERP-INTX
SunX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$42.84
- Price spread: −0.014% → +0.010%
- −$2.33
- Slippage, 4 orders
- −$48.62
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$111.79
- Costs to cover
- 0.666%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; SunX: live order book, 6 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 | 2.42 bp | 9.8 bp −$10 | 14.9 bp −$149 | 47.5 bp −$4,747 | doesn't fit |
| Sell SunX live order book, 6 min ago | 16.60 bp | 26.1 bp −$26 | 41.1 bp −$411 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1024 | +0.002% | $692K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1023 | −0.050% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0023% | 1h | 0.1024 | +0.060% | $230K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0065% | 8h | 0.1027 | +0.273% | $133.8M | $316.4M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1025 | +0.107% | $761K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1024 | +0.034% | $556K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1025 | +0.115% | $4.9M | $54.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1025 | +0.121% | $328K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1027 | +0.303% | $338.3M | $1.61B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1026 | +0.254% | $167.9M | $498.6M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1027 | +0.313% | $116.6M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1029 | +0.557% | $395K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1026 | +0.254% | $253.9M | $146.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1027 | +0.264% | $117.3M | $245.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1024 | 0.000% | $67.3M | $48.2M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1027 | +0.264% | — | $79.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1022 | −0.147% | $341K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1023 | −0.091% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1029 | +0.495% | $330K | $136.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1027 | +0.313% | $649K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1030 | +0.606% | $155K | $330K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1023 | −0.039% | $258K | $983K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1023 | −0.059% | $69K | $468K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1023 | −0.060% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDTshort | +0.0100% | 8h | 0.1024 | −0.014% | $36K | $2.3M | 30x | |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1023 | −0.049% | $2K | $5.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1023 | −0.031% | $6.0M | $65.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1023 | −0.068% | $94.0M | $17.3M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1027 | +0.281% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1026 | +0.227% | $494K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1023 | −0.044% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0121% | 8h | 0.1026 | +0.254% | $1K | $502K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1024 | −0.028% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1024 | 0.000% | $16.8M | $27.1M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0229% | 1h | 0.1024 | −0.017% | $581K | $247K | 25x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1023 | −0.047% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0246% | 1h | 0.1023 | −0.053% | $5.5M | $38.9M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1023 | −0.050% | $331K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1027 | +0.317% | $457 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0304% | 1h | 0.1024 | long leg | $2.1M | $33.4M | 50x | |
| Hyperliquid DOGE | +0.0498% | 1h | 0.1024 | +0.068% | $127.8M | $110.6M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1028 | +0.371% | $111K | $203K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1027 | +0.360% | $415K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +2.852% | $6K | $242K | 12x | as long as short |
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
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP