Funding you earn now, next payment 01:00 UTC−0.0145%/8h= −15.8% APRpaid last 24h −0.038%
Price spread now: Binance against GMX−0.131%50s7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.125%−$13 on $10k
+Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.131%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.098% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.034%). Swap the legs. The two prices were read 50 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 | GMX DOGE/USD [ETH-USDC] | 0.1010 | L +0.0245% / S −0.0263% | pay 0.0031% / 1h | 30m 29s | $312K | — | 200x |
| Short | Binance DOGEUSDT | 0.1009 | 0.0100 | get 0.0100% / 8h | 7h 30m | $321.1M | $1.40B | 75x |
GMX DOGE/USD [ETH-USDC]
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GMX. 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
- −$30.39
- Price spread: −0.131% → −0.034%
- −$9.77
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.16
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 14 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 0.50 bp | 5.5 bp −$5 | 7.7 bp −$77 | 21.6 bp −$2,160 | 51.8 bp −$25.9K |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0417% | 8h | 0.1010 | −0.008% | $93.3M | $17.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0185% | 8h | 0.1009 | −0.166% | $153.6M | $270.7M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1010 | −0.013% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1012 | +0.153% | $407K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1011 | +0.014% | $608K | $121K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1011 | +0.012% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0019% | 1h | 0.1010 | −0.072% | $227K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1010 | −0.049% | $790K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1009 | −0.137% | $843 | $410K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1009 | −0.156% | $517K | $973K | 10x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX 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 | 0.1010 | −0.004% | $5.0M | $46.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1010 | −0.055% | $336K | $516K | 20x | as long as short |
| Binance DOGEUSDTshort | +0.0100% | 8h | 0.1009 | −0.131% | $321.1M | $1.40B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1009 | −0.127% | $160.2M | $438.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1009 | −0.097% | $110.7M | $972.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1010 | −0.008% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −0.517% | $385K | $9K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1009 | −0.127% | $245.4M | $129.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1009 | −0.097% | $113.9M | $224.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1009 | −0.117% | $66.2M | $42.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1010 | −0.077% | — | $76.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1010 | −0.018% | $366K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | −0.028% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1008 | −0.284% | $265K | $123.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1007 | −0.364% | $643K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1006 | −0.434% | $148K | $267K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1009 | −0.137% | $273K | $589K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1010 | −0.008% | $73K | $424K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1010 | −0.014% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1010 | +0.007% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1010 | +0.002% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1010 | −0.078% | $6.1M | $52.7M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1010 | −0.078% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1009 | −0.088% | $532K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1010 | −0.001% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0181% | 1h | 0.1009 | −0.128% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1010 | −0.031% | $533 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1011 | +0.032% | $15.4M | $25.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1012 | +0.141% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1008 | −0.265% | $67K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0245% / S −0.0263% | 1h | 0.1010 | long leg | $312K | — | 200x | |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1010 | −0.048% | $320K | $477K | 10x | as long as short |
| Hyperliquid DOGE | +0.0853% | 1h | 0.1011 | +0.101% | $123.2M | $94.4M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1014 | +0.358% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP