Funding you earn now, next payment 04:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.035%
Price spread now: Coinbase International against Gate+0.358%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.335%−$33 · spread now +0.358%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.312% dearer against Gate than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.046%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DOGE_USDT | 0.1035 | 0.0100 | pay 0.0100% / 8h | 3h 28m | $256.0M | $144.1M | 75x |
| Short | Coinbase International DOGE-PERP-INTX | 0.1038 | 0.0304 | get 0.0038% / 1h | 28m 52s | $2.0M | $33.3M | 50x |
Gate DOGE_USDT
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $42.84
- Price spread: +0.358% → +0.046%
- $31.2
- Slippage, 4 orders
- −$18.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $30.64
- Costs to cover
- 0.434%
- Break-even
- 2.0 days
Slippage from Gate: live order book, 5 min ago; Coinbase International: 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 | 0.48 bp | 11.4 bp −$11 | 20.9 bp −$209 | 30.3 bp −$3,030 | 51.9 bp −$25.9K |
| Sell Coinbase International live order book, 5 min ago | 1.91 bp | 10.3 bp −$10 | 18.0 bp −$180 | 49.4 bp −$4,937 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1039 | +0.425% | $736K | $6.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1038 | +0.270% | $25K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0013% | 1h | 0.1037 | +0.255% | $233K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0046% | 8h | 0.1034 | −0.087% | $135.6M | $314.7M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1037 | +0.194% | $736K | $6.4M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1039 | +0.416% | $563K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1035 | +0.045% | $5.0M | $54.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1039 | +0.387% | $333K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1035 | −0.020% | $344.5M | $1.60B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1033 | −0.126% | $171.2M | $493.2M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1033 | −0.135% | $118.0M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1046 | +1.108% | $402K | $16K | 10x | as long as short |
| Gate DOGE_USDTlong | +0.0100% | 8h | 0.1035 | long leg | $256.0M | $144.1M | 75x | |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1035 | +0.039% | $115.6M | $242.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1035 | +0.010% | $68.0M | $47.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1035 | +0.039% | — | $79.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1035 | +0.048% | $349K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1038 | +0.277% | $1.2M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1040 | +0.462% | $332K | $135.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1038 | +0.358% | $656K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1039 | +0.406% | $155K | $327K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1038 | +0.280% | $260K | $967K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1036 | +0.145% | $73K | $457K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1036 | +0.139% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1038 | +0.346% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1037 | +0.174% | $2K | $5.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1038 | +0.273% | $6.1M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1037 | +0.222% | $95.4M | $17.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0103% | 8h | 0.1041 | +0.618% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1034 | −0.039% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1037 | +0.208% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0124% | 8h | 0.1039 | +0.406% | $935 | $495K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1038 | +0.319% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1037 | +0.213% | $16.7M | $27.4M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1047 | +1.137% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0243% | 1h | 0.1036 | +0.151% | $5.5M | $38.5M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0252% | 1h | 0.1037 | +0.207% | $589K | $246K | 25x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0260% / S −0.0320% | 1h | 0.1038 | +0.267% | $342K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1039 | +0.452% | $462 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0304% | 1h | 0.1038 | +0.358% | $2.0M | $33.3M | 50x | |
| Hyperliquid DOGE | +0.0548% | 1h | 0.1035 | +0.029% | $128.7M | $109.6M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1040 | +0.483% | $113K | $200K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1040 | +0.480% | $420K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +1.759% | $6K | $242K | 12x | as long as short |
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Kraken Futures PF_DOGEUSD
Deribit DOGE_USDC-PERPETUAL
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP