DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0990%/8h= +108.4% APRnext payment +$1.24 per $10,000 · paid last 24h +0.211%

Price spread now: Injective against dYdX+0.026%7-day average +0.204% · you sell dearer than you buy

Net, funding: paid 7d − costs+$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$168as in the Price arb table

costs, in and out, $10k−$1501.501% of the position

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+1.589%+$159 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.026%, 7d avg +0.204%

Together, before fees+1.480%+$148 on $10k · with fees, hour by hour

Funding pays, the price is against you. Injective is 0.178% cheaper against dYdX than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.204%). If the spread goes back, that is −$18 on $10k: about 14 hours of funding at the current rate (+$30 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX DOGE-USD	0.1003	0.0014	pay 0.0002% / 1h	17m 13s	$225K	$49K	10x
Short	Injective DOGE/USDC PERP	0.1003	0.1004	get 0.0126% / 1h	17m 13s	$5K	$239K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against dYdX. 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 dYdXbpFee InjectivebpOrdersPrice spread, now +0.026%Rate

Funding earned: $207.87
Price spread: +0.026% → +0.204%: −$17.82
Slippage, 4 orders: −$140.04
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $39.99
Costs to cover: 1.501%
Break-even: 5.7 days

Slippage from dYdX: live order book, 42 min ago; Injective: live order book, 42 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	28.73 bp	36.7 bp −$37	50.4 bp −$504	54.8 bp −$5,482	184.3 bp −$92.1K
Sell Injective live order book, 42 min ago	35.30 bp	35.3 bp −$35	doesn't fit	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	−0.0037%	8h	0.1002	−0.034%	$151.5M	$276.8M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0031%	1h	0.1003	+0.052%	$5.7M	$35.7M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1003	+0.013%	$396K	$5.2M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1003	+0.010%	$24K	—	150x	as long as short
dYdX DOGE-USDlong	+0.0014%	1h	0.1003	long leg	$225K	$49K	10x
Lighter DOGE	+0.0096%	1h	0.1004	+0.091%	$736K	$6.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0097%	8h	0.1003	+0.016%	$1K	$457K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1003	−0.009%	$527K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1003	+0.018%	$4.7M	$49.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1003	+0.054%	$325K	$484K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1004	+0.086%	$324.8M	$1.47B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1003	+0.026%	$164.2M	$448.3M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1003	+0.026%	$114.0M	$1.02B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1002	−0.077%	$385K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1003	−0.004%	$247.2M	$135.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1003	+0.056%	$112.3M	$235.8M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1003	+0.036%	$66.6M	$43.8M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1003	+0.036%	—	$77.0M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1003	+0.006%	$322K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09987	−0.406%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09996	−0.311%	$296K	$130.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09995	−0.323%	$629K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1000	−0.273%	$146K	$289K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1002	−0.064%	$259K	$863K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1003	−0.014%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1003	−0.017%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1004	+0.108%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1003	+0.046%	$2K	$4.0M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1003	+0.035%	$6.0M	$58.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1003	+0.066%	$92.3M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1003	+0.033%	$18K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1003	−0.005%	$491K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1003	+0.026%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0159%	1h	0.1003	+0.050%	$600K	$119K	25x	as long as short
Reya DOGERUSDPERP	+0.0190%	1h	0.1003	−0.021%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.1004	+0.126%	$535	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1003	+0.076%	$15.9M	$25.5M	75x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1001	−0.218%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0269%	1h	0.1003	+0.029%	$314K	—	200x	as long as short
Hyperliquid DOGE	+0.0265%	1h	0.1004	+0.106%	$122.3M	$101.6M	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0296%	1h	0.1004	+0.086%	$2.3M	$27.5M	50x	as long as short
Arcus DOGE-USD	+0.0690%	1h	0.1005	+0.186%	$110K	$199K	10x	as long as short
RISEx DOGE/USDC	+0.0695%	1h	0.1004	+0.126%	$406K	$413K	10x	as long as short
Injective DOGE/USDC PERPshort	+0.1004%	1h	0.1003	+0.026%	$5K	$239K	12x