After costs, if the gap returns to its 7d average, $10k−$43
spread now−0.039%7d average−0.065%fees + slippage, in and out−$46spread needed0.456%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOGE | 0.09265 | 0.0539 | pay 0.0067% / 1h | 51m 30s | $95.3M | $38.2M | 10x |
| Short | Phemex DOGEUSDT | 0.09261 | 0.0100 | get 0.0100% / 8h | 1h 51m | $87.3M | $20.1M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.89
- Funding while held
- −$13.18
- Slippage, 4 orders
- −$24.55
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$62.62
- Spread needed to break even
- 0.456%
Slippage from Hyperliquid: live order book, 4 min ago; Phemex: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0439%
- Per $10,000 a day
- −$13.18
- Average in range /8h
- —
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 Hyperliquid live order book, 4 min ago | 0.91 bp | 6.0 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 5.37 bp | 14.5 bp −$14 | 22.0 bp −$220 | 39.5 bp −$3,954 | doesn't fit |
DOGE price on every exchange
against the cheapest. Click to use as the short leg.DOGE on 42 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX DOGEUSDC | −0.236% | +0.0100% | 4h | $247K | $70.0M | 20x | as long as short |
| BingX DOGE-USDC | −0.179% | +0.0100% | 8h | — | $3.4M | — | as long as short |
| Extended DOGE-USD | −0.172% | +0.0184% | 1h | $689K | $3.0M | 50x | as long as short |
| Bitget DOGEUSDT | −0.158% | +0.0100% | 8h | $130.7M | $146.4M | 75x | as long as short |
| BloFin DOGE-USDT | −0.158% | +0.0220% | 8h | $13.3M | $11.6M | 75x | as long as short |
| Gate DOGE_USDT | −0.147% | +0.0051% | 8h | $221.0M | $89.9M | 75x | as long as short |
| dYdX DOGE-USD | −0.143% | +0.0110% | 1h | $209K | $43K | 10x | as long as short |
| Reya DOGERUSDPERP | −0.141% | +0.0155% | 1h | $2K | — | 20x | as long as short |
| Paradex DOGE-USD-PERP | −0.139% | +0.0100% | 8h | $18K | $2K | 30x | as long as short |
| OKX DOGE-USDT-SWAP | −0.136% | +0.0100% | 8h | $93.2M | $550.8M | 50x | as long as short |
Show all 42 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps DOGE-USD | −0.132% | +0.0100% | 1h | $258K | $230K | 10x | as long as short |
| Bybit DOGEUSDT | −0.125% | +0.0100% | 8h | $139.7M | $259.9M | 75x | as long as short |
| Aster DOGEUSDT | −0.124% | +0.0100% | 8h | $4.4M | $23.6M | 75x | as long as short |
| Kalshi KXDOGEPERP | −0.105% | 0.0000% | 8h | $367K | $2.3M | 2.8x | as long as short |
| MEXC DOGE_USDT | −0.104% | +0.0100% | 8h | $103.8M | $115.0M | 300x | as long as short |
| Nado DOGE-PERP | −0.098% | +0.0100% | 1h | $706K | $284K | 10x | as long as short |
| KuCoin DOGEUSDTM | −0.093% | +0.0100% | 8h | $60.7M | $26.4M | 75x | as long as short |
| Pacifica DOGE | −0.085% | +0.0100% | 1h | $379K | $384K | 20x | as long as short |
| Katana Perps DOGE-USD | −0.082% | +0.0100% | 8h | $792 | $147K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | −0.077% | L +0.0237% / S −0.0255% | 1h | $280K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | −0.060% | +0.0168% | 1h | $1.5M | $10.5M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | −0.050% | +0.0258% | 1h | $516K | $588K | 15x | as long as short |
| HTX DOGE-USDT | −0.043% | +0.0100% | 8h | $5.8M | $27.5M | 75x | as long as short |
| Binance DOGEUSDT | −0.043% | +0.0100% | 8h | $275.9M | $829.4M | 75x | as long as short |
| gTrade (Gains Network) DOGE/USD | −0.040% | L +0.0001% / S −0.0001% | 1h | $35K | — | 150x | as long as short |
| Phemex DOGEUSDTshort | −0.039% | +0.0100% | 8h | $87.3M | $20.1M | 50x | |
| Lighter DOGE | −0.033% | +0.0096% | 1h | $747K | $3.0M | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.025% | +0.0022% | 1h | $6.2M | $21.2M | 50x | as long as short |
| Orderly PERP_DOGE_USDC | −0.017% | +0.0098% | 8h | $66K | $279K | 50x | as long as short |
| SoDEX DOGE-USD | −0.017% | +0.0100% | 1h | $4K | $1.4M | 10x | as long as short |
| Arcus DOGE-USD | −0.006% | +0.0100% | 1h | $21K | $29K | 10x | as long as short |
| SunX DOGE-USDT | −0.002% | +0.0100% | 8h | $33K | $1.7M | 30x | as long as short |
| Hyperliquid DOGElong | 0.000% | +0.0539% | 1h | $95.3M | $38.2M | 10x | |
| Aevo DOGE-PERP | 0.000% | +0.0104% | 1h | $18K | — | 3x | as long as short |
| Derive DOGE-PERP | +0.003% | +0.0100% | 1h | $23K | $1K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.012% | 0.0000% | 1h | $589K | $51K | 25x | as long as short |
| RISEx DOGE/USDC | +0.034% | +0.0695% | 1h | $301K | $389K | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.490% | +0.0100% | 1h | $126K | $156K | 25x | as long as short |
| Phoenix DOGE | +0.521% | +0.0086% | 1h | $17K | $129K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.814% | +0.0940% | 1h | $5K | $52K | 12x | as long as short |
| Bulk DOGE-USD | +0.904% | +0.0100% | 1h | $358K | $48K | 10x | as long as short |
| Variational Omni DOGE | +0.931% | +0.0100% | 8h | $882K | $2.9M | — | as long as short |
Hyperliquid DOGE
Phemex DOGEUSDT
BingX
Extended
Bitget
BloFin
Gate
Paradex
OKX
Polymarket Perps
Bybit
Aster
MEXC
KuCoin
Pacifica
Katana Perps
GMX
Coinbase International
Backpack
HTX
Binance
gTrade (Gains Network)
Lighter
Kraken Futures
SoDEX
SunX
Derive
Deribit
RISEx
ApeX Omni
Phoenix
Injective
Bulk
Variational Omni