Funding you earn now, next payment 02:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.069%
Price spread now: Bitget against GMX+0.037%54s7-day average −0.070% · 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)−0.164%−$16 on $10k
+Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.037%, 7d avg −0.070%
=The price spread pays, funding is against you. Bitget is 0.107% dearer against GMX than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.070%): +$11 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 3 days (−0.164% in total) that is about 2.1 days. The two prices were read 54 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] | 0.09974 | L +0.0246% / S −0.0267% | pay 0.0031% / 1h | 2m 34s | $311K | — | 200x |
| Short | Bitget DOGEUSDT | 0.09978 | −0.0094 | pay 0.0094% / 8h | 6h 02m | $151.2M | $272.9M | 75x |
GMX DOGE/USD [ETH-USDC]
Bitget DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$71.3
- Price spread: +0.037% → −0.070%
- $10.74
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$84.56
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 1.00 bp | 8.3 bp −$8 | 9.8 bp −$98 | 18.0 bp −$1,802 | 40.3 bp −$20.2K |
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 43 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 DOGEUSDTshort | −0.0094% | 8h | 0.09978 | +0.037% | $151.2M | $272.9M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09979 | +0.051% | $394K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09981 | +0.065% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.09978 | +0.034% | $224K | $49K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0020% | 1h | 0.09988 | +0.132% | $597K | $118K | 25x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.09984 | +0.094% | $5.8M | $34.6M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09987 | +0.124% | $822K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09983 | +0.087% | $834 | $429K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09982 | +0.082% | $532K | $988K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09980 | +0.054% | $4.6M | $48.2M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09979 | +0.044% | $328K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09986 | +0.118% | $318.0M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09986 | +0.117% | $159.1M | $437.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09988 | +0.137% | $110.8M | $982.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09997 | +0.228% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.416% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09975 | +0.007% | $242.0M | $133.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09977 | +0.027% | $113.3M | $232.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09981 | +0.067% | $66.1M | $43.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09979 | +0.047% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09971 | −0.033% | $334K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.416% | $999K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09999 | +0.248% | $294K | $129.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | +0.575% | $636K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | +0.258% | $146K | $272K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09980 | +0.061% | $256K | $681K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09986 | +0.117% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09987 | +0.125% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09981 | +0.069% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09988 | +0.137% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09977 | +0.023% | $5.9M | $55.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09973 | −0.013% | $91.9M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09981 | +0.063% | $560K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09987 | +0.127% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0106% | 8h | 0.09981 | +0.063% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0185% | 1h | 0.09986 | +0.115% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09990 | +0.158% | $532 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09984 | +0.097% | $2.3M | $25.7M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.1004 | +0.618% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0246% / S −0.0267% | 1h | 0.09974 | long leg | $311K | — | 200x | |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09990 | +0.157% | $402K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0680% | 1h | 0.09995 | +0.212% | $121.5M | $99.3M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1006 | +0.859% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP