DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h +0.071%

Price spread now: GMX against Deribit−0.087%7-day average +0.020% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.242%+$24 on $10k

Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.087%, 7d avg +0.020%

Together, before fees+0.349%+$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.107% cheaper against Deribit than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.020%). If the spread goes back, that is −$11 on $10k: about 2.8 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DOGE_USDC-PERPETUAL	0.1002	0.0140	pay 0.0017% / 1h	53m 14s	$598K	$118K	25x
Short	GMX DOGE/USD [ETH-USDC]	0.1001	L +0.0246% / S −0.0267%	get 0.0033% / 1h	53m 14s	$311K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee GMXbpOrdersPrice spread, now −0.087%Rate

Funding earned: $26.57
Price spread: −0.087% → +0.020%: −$10.69
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$3.13
Costs to cover: 0.190%
Break-even: 7.8 days

Slippage unknown: Deribit: live order book, 11 min ago; GMX: 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 Deribit live order book, 11 min ago	5.00 bp	8.5 bp −$9	17.2 bp −$172	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 43 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	−0.0091%	8h	0.1003	+0.160%	$151.9M	$273.3M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09978	−0.384%	$224K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09985	−0.312%	$394K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1001	−0.084%	$24K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.1002	+0.055%	$815K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09986	−0.300%	$1K	$432K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09985	−0.305%	$532K	$988K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09997	−0.194%	$4.7M	$48.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09981	−0.347%	$328K	$482K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1002	+0.035%	$320.5M	$1.43B	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.1002	0.000%	$160.3M	$437.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1002	+0.020%	$111.5M	$985.7M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09990	−0.260%	$383K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1001	−0.100%	$243.0M	$131.0M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1002	+0.010%	$114.2M	$228.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1002	+0.010%	$66.2M	$43.1M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1004	+0.250%	—	$76.1M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1002	+0.020%	$335K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1002	+0.088%	$998K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09991	−0.252%	$296K	$128.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09953	−0.628%	$625K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09950	−0.659%	$146K	$274K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09981	−0.353%	$256K	$730K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1001	−0.020%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1001	−0.026%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1002	−0.006%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1001	−0.040%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1002	−0.007%	$5.9M	$55.9M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1002	+0.010%	$92.3M	$16.8M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1001	−0.049%	$561K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1001	−0.041%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0105%	8h	0.09986	−0.300%	$18K	$6K	30x	as long as short
Deribit DOGE_USDC-PERPETUALlong	+0.0140%	1h	0.1002	long leg	$598K	$118K	25x
Reya DOGERUSDPERP	+0.0186%	1h	0.09990	−0.258%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0232%	1h	0.09990	−0.258%	$532	$4K	10x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09951	−0.650%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]short	L +0.0246% / S −0.0267%	1h	0.1001	−0.087%	$311K	—	200x
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.1002	0.000%	$2.3M	$25.9M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0305%	1h	0.1001	−0.032%	$5.8M	$34.7M	50x	as long as short
Hyperliquid DOGE	+0.0435%	1h	0.1000	−0.150%	$121.7M	$99.5M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09992	−0.240%	$402K	$367K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.09998	−0.180%	$128K	$179K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.1004	+0.240%	$5K	$239K	12x	as long as short