Funding you earn now, next payment 04:00 UTC+0.0590%/8h= +64.6% APRpaid last 24h +0.009%
Price spread now: Arcus against HTX+0.176%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 4 days (all we have)+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.176%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Arcus is 0.196% dearer against HTX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.020%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.005% in total (about 0.5% 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 | HTX DOGE-USDT | 0.1001 | 0.0100 | pay 0.0100% / 8h | 4h 22m | $6.0M | $58.1M | 75x |
| Short | Arcus DOGE-USD | 0.1003 | 0.0690 | get 0.0086% / 1h | 22m 09s | $109K | $199K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against HTX. 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
- $123.96
- Price spread: +0.176% → −0.020%
- $19.57
- Slippage, 4 orders
- −$12.34
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $114.69
- Costs to cover
- 0.288%
- Break-even
- 0.5 days
Slippage from HTX: live order book, 2 min ago; Arcus: live order book, 32 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 HTX live order book, 2 min ago | 0.70 bp | 8.1 bp −$8 | 15.2 bp −$152 | 46.1 bp −$4,605 | doesn't fit |
| Sell Arcus live order book, 32 min ago | 2.02 bp | 8.1 bp −$8 | 26.4 bp −$264 | 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 | −0.0040% | 8h | 0.09982 | −0.264% | $150.9M | $276.5M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09998 | −0.101% | $5.7M | $35.7M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | −0.034% | $396K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1000 | −0.082% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0016% | 1h | 0.09998 | −0.103% | $224K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | −0.068% | $733K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1001 | +0.036% | $904 | $456K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.004% | $526K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09999 | −0.091% | $4.7M | $49.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1001 | −0.026% | $325K | $483K | 20x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09999 | −0.090% | $323.8M | $1.47B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09998 | −0.104% | $163.1M | $447.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1000 | −0.084% | $112.8M | $1.01B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.112% | $385K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09981 | −0.274% | $246.0M | $134.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09984 | −0.244% | $111.6M | $235.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09984 | −0.244% | $66.1M | $43.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09986 | −0.224% | — | $77.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09984 | −0.244% | $321K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.072% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | +0.240% | $300K | $130.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.063% | $638K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | +0.316% | $146K | $288K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1001 | −0.004% | $258K | $863K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1000 | −0.054% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1000 | −0.048% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1002 | +0.119% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09999 | −0.094% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDTlong | +0.0100% | 8h | 0.1001 | long leg | $6.0M | $58.1M | 75x | |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09989 | −0.194% | $91.9M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1001 | +0.007% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09998 | −0.099% | $498K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1000 | −0.069% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0140% | 1h | 0.1000 | −0.039% | $598K | $119K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1001 | −0.032% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.1002 | +0.138% | $534 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09995 | −0.134% | $15.6M | $25.4M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1003 | +0.203% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.1000 | −0.082% | $313K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0262% | 1h | 0.09993 | −0.154% | $121.8M | $101.4M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1001 | −0.024% | $2.3M | $27.3M | 50x | as long as short |
| Arcus DOGE-USDshort | +0.0690% | 1h | 0.1003 | +0.176% | $109K | $199K | 10x | |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1002 | +0.121% | $405K | $413K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1005 | +0.416% | $5K | $239K | 12x | as long as short |
HTX DOGE-USDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Katana Perps DOGE-USD
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-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP