Funding you earn now, next payment 07:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.026%
Price spread now: Derive against gTrade (Gains Network)+0.225%295s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Derive is 0.225% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 295 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) DOGE/USD | 0.09980 | L +0.0001% / S 0.0000% | pay 0.0000% / 1h | 59m 26s | $35K | — | 150x |
| Short | Derive DOGE-PERP | 0.1000 | 0.0100 | get 0.0013% / 1h | 59m 26s | $19K | $7K | 10x |
gTrade (Gains Network) DOGE/USD
Derive DOGE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against gTrade (Gains Network). 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
- $20.79
- Price spread: +0.225% → 0.000%
- $22.51
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $27.3
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Derive: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Derive: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09993 | +0.130% | $5.6M | $40.6M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09984 | +0.039% | $612K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USDlong | L +0.0001% / S 0.0000% | 1h | 0.09980 | long leg | $35K | — | 150x | |
| dYdX DOGE-USD | +0.0003% | 1h | 0.09978 | −0.024% | $224K | $69K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.512% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0035% | 8h | 0.09979 | −0.009% | $141.5M | $344.6M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09982 | +0.019% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09984 | +0.041% | $846K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09983 | +0.031% | $538K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09993 | +0.132% | $124.4M | $117.0M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
dYdX DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09979 | −0.007% | $4.5M | $58.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09976 | −0.035% | $318K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09981 | +0.015% | $329.7M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09978 | −0.019% | $164.3M | $522.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09981 | +0.011% | $117.2M | $1.21B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09979 | −0.007% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09976 | −0.039% | $249.7M | $154.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09984 | +0.041% | $112.2M | $256.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09982 | +0.021% | $66.7M | $50.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09977 | −0.029% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09989 | +0.091% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09969 | −0.112% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09981 | +0.014% | $303K | $140.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09977 | −0.033% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.001% | $146K | $341K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09978 | −0.021% | $262K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09979 | −0.009% | $70K | $470K | 50x | as long as short |
| Derive DOGE-PERPshort | +0.0100% | 1h | 0.1000 | +0.225% | $19K | $7K | 10x | |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09998 | +0.177% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09993 | +0.131% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09992 | +0.118% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09994 | +0.141% | $91.6M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09973 | −0.073% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09976 | −0.037% | $490K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09992 | +0.121% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09983 | +0.031% | $834 | $536K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0198% | 1h | 0.09980 | +0.004% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0200% | 1h | 0.09996 | +0.161% | $573K | $252K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09979 | −0.009% | $16.2M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09995 | +0.151% | $1.9M | $34.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09980 | −0.001% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0272% | 1h | 0.09990 | +0.106% | $444 | $4K | 10x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09980 | +0.001% | $17K | $308K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09988 | +0.081% | $402K | $458K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Reya DOGERUSDPERP
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Arcus DOGE-USD
RISEx DOGE/USDC