Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: Backpack against Gate+0.020%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.020%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.033% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DOGE_USDT | 0.09849 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $241.3M | $132.9M | 75x |
| Short | Backpack DOGE_USDC_PERP | 0.09851 | 0.0100 | get 0.0013% / 1h | 48m 56s | $309K | $1.1M | 15x |
Gate DOGE_USDT
Backpack DOGE_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Gate. 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
- $0
- Price spread: +0.020% → −0.012%
- $3.27
- Slippage, 4 orders
- −$8.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$29.74
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Backpack: live order book, 5 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 Gate live order book, 5 min ago | 0.50 bp | 8.7 bp −$9 | 14.9 bp −$149 | 28.5 bp −$2,853 | 47.1 bp −$23.5K |
| Sell Backpack live order book, 5 min ago | 1.51 bp | 6.5 bp −$7 | 326.0 bp −$3,260 | 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 | −0.0061% | 8h | 0.09858 | +0.091% | $149.0M | $274.9M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09858 | +0.088% | $5.7M | $35.4M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09855 | +0.063% | $431K | $5.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09853 | +0.036% | $589K | $118K | 25x | as long as short |
| dYdX DOGE-USD | +0.0001% | 1h | 0.09865 | +0.160% | $221K | $49K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09851 | +0.019% | $23K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0019% | 1h | 0.09852 | +0.030% | $257K | $829K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09860 | +0.109% | $743K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09857 | +0.081% | $2K | $448K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09858 | +0.091% | $523K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09854 | +0.054% | $4.5M | $48.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09868 | +0.194% | $320K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09857 | +0.081% | $314.7M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09859 | +0.102% | $158.7M | $443.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09864 | +0.152% | $109.8M | $984.4M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09930 | +0.822% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDTlong | +0.0100% | 8h | 0.09849 | long leg | $241.3M | $132.9M | 75x | |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09854 | +0.051% | $110.9M | $233.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09855 | +0.061% | $65.1M | $43.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09854 | +0.051% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERPshort | +0.0100% | 1h | 0.09851 | +0.020% | $309K | $1.1M | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09868 | +0.191% | $979K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09908 | +0.596% | $295K | $129.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09916 | +0.676% | $624K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | +0.213% | $143K | $283K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09851 | +0.020% | $69K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09850 | +0.006% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09857 | +0.086% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09855 | +0.061% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09849 | +0.001% | $5.9M | $57.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09857 | +0.081% | $90.6M | $16.5M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09870 | +0.211% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09863 | +0.140% | $495K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09851 | +0.016% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09862 | +0.135% | $526 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09849 | +0.003% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09855 | +0.061% | $15.4M | $24.9M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09913 | +0.649% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09852 | +0.026% | $308K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0287% | 1h | 0.09863 | +0.146% | $120.0M | $100.0M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09860 | +0.112% | $2.3M | $26.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09870 | +0.213% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09864 | +0.157% | $398K | $411K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09890 | +0.416% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP