Funding you earn now, next payment 01:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h +0.003%
Price spread now: Bybit against dYdX+0.553%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$750.748% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.568%−$57 · spread now +0.553%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.562% dearer against dYdX than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.1006 | 0.0021 | pay 0.0003% / 1h | 31m 56s | $226K | $44K | 10x |
| Short | Bybit DOGEUSDT | 0.1012 | 0.0100 | get 0.0100% / 8h | 7h 31m | $160.6M | $438.0M | 75x |
dYdX DOGE-USD
Bybit DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- $16.66
- Price spread: +0.553% → −0.009%
- $56.23
- Slippage, 4 orders
- −$53.85
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1.96
- Costs to cover
- 0.748%
- Break-even
- 7.8 days
Slippage from dYdX: live order book, 42 min ago; Bybit: live order book, 2 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 dYdX live order book, 42 min ago | 15.59 bp | 21.1 bp −$21 | 46.7 bp −$467 | 57.4 bp −$5,743 | 68.2 bp −$34.1K |
| Sell Bybit live order book, 2 min ago | 0.50 bp | 6.4 bp −$6 | 10.2 bp −$102 | 22.7 bp −$2,270 | 43.6 bp −$21.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0252% | 8h | 0.1010 | +0.355% | $93.2M | $18.0M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0187% | 8h | 0.1011 | +0.454% | $153.9M | $270.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1009 | +0.213% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1010 | +0.352% | $407K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1007 | +0.101% | $24K | — | 150x | as long as short |
| dYdX DOGE-USDlong | +0.0021% | 1h | 0.1006 | long leg | $226K | $44K | 10x | |
| Lighter DOGE | +0.0096% | 1h | 0.1009 | +0.275% | $790K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1006 | −0.093% | $840 | $410K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1006 | −0.023% | $517K | $973K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.196% | $5.0M | $46.4M | 75x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1007 | +0.014% | $335K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1012 | +0.563% | $322.1M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDTshort | +0.0100% | 8h | 0.1012 | +0.553% | $160.6M | $438.0M | 75x | |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1012 | +0.573% | $110.9M | $975.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1005 | −0.103% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −0.127% | $385K | $9K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1011 | +0.474% | $245.7M | $129.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1012 | +0.543% | $114.1M | $224.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1012 | +0.543% | $66.3M | $42.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1010 | +0.364% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1012 | +0.523% | $368K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | +0.404% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1008 | +0.107% | $265K | $123.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1007 | +0.026% | $643K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1010 | +0.355% | $148K | $267K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1006 | −0.093% | $275K | $583K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1008 | +0.146% | $73K | $427K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.160% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.181% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1008 | +0.205% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1010 | +0.369% | $6.0M | $52.6M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1006 | −0.084% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1012 | +0.508% | $532K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1008 | +0.157% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0157% | 1h | 0.1008 | +0.203% | $607K | $121K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0181% | 1h | 0.1006 | −0.005% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1006 | −0.056% | $531 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1006 | −0.053% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1008 | +0.136% | $2.0M | $25.0M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1008 | +0.126% | $67K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.1007 | +0.087% | $310K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1005 | −0.103% | $318K | $477K | 10x | as long as short |
| Hyperliquid DOGE | +0.0855% | 1h | 0.1013 | +0.613% | $122.7M | $93.8M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1011 | +0.454% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
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
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP