Funding you earn now, next payment 02:00 UTC−0.0904%/8h= −98.9% APRnext payment −$1.13 per $10,000 · paid last 24h −0.202%
Price spread now: Arcus against Injective−0.140%7-day average −0.180% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 3 days (all we have)−0.709%−$71 on $10k
+Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.140%, 7d avg −0.180%
=The price spread pays, funding is against you. Arcus is 0.040% dearer against Injective than usual: you sell high and buy low (spread −0.140% now, against its 7-day average of −0.180%): +$4 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DOGE/USDC PERP | 0.1001 | 0.1004 | pay 0.0125% / 1h | 47m 11s | $5K | $239K | 12x |
| Short | Arcus DOGE-USD | 0.09996 | 0.0100 | get 0.0013% / 1h | 47m 11s | $128K | $181K | 10x |
Injective DOGE/USDC PERP
Arcus DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Injective. 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
- −$189.75
- Price spread: −0.140% → −0.180%
- $3.96
- Slippage, 4 orders
- −$70.36
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$260.67
- Costs to cover
- 0.749%
- Break-even
- never at this rate
Slippage from Injective: live order book, 22 min ago; Arcus: live order book, 17 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 Injective live order book, 22 min ago | 29.73 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 17 min ago | 3.00 bp | 6.8 bp −$7 | 22.3 bp −$223 | 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 | −0.0141% | 8h | 0.09961 | −0.490% | $151.0M | $272.9M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09971 | −0.389% | $224K | $59K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09973 | −0.367% | $405K | $4.9M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09978 | −0.315% | $23K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0021% | 1h | 0.09979 | −0.311% | $596K | $119K | 25x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.09969 | −0.412% | $5.8M | $34.0M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09980 | −0.300% | $762K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.09985 | −0.250% | $835 | $429K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09984 | −0.260% | $490K | $976K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09983 | −0.274% | $4.7M | $47.8M | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09983 | −0.268% | $330K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09976 | −0.340% | $317.2M | $1.42B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09974 | −0.360% | $158.2M | $441.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09975 | −0.350% | $109.4M | $973.8M | 50x | as long as short |
| Arcus DOGE-USDshort | +0.0100% | 1h | 0.09996 | −0.140% | $128K | $181K | 10x | |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | −0.202% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09979 | −0.310% | $241.5M | $129.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09973 | −0.370% | $111.4M | $225.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09984 | −0.260% | $65.5M | $42.7M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09980 | −0.300% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09996 | −0.140% | $353K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09952 | −0.580% | $953K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09983 | −0.274% | $269K | $126.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09976 | −0.340% | $637K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09990 | −0.200% | $146K | $274K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09976 | −0.344% | $257K | $640K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09976 | −0.340% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09975 | −0.355% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09988 | −0.219% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09971 | −0.390% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09978 | −0.323% | $6.0M | $54.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09973 | −0.370% | $92.0M | $17.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09966 | −0.435% | $529K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09969 | −0.410% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0117% | 8h | 0.09984 | −0.262% | $18K | $7K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0183% | 1h | 0.09980 | −0.301% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09988 | −0.224% | $532 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09978 | −0.320% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09970 | −0.400% | $2.0M | $24.9M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09980 | −0.301% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0268% | 1h | 0.09978 | −0.324% | $312K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09990 | −0.195% | $321K | $406K | 10x | as long as short |
| Hyperliquid DOGE | +0.0709% | 1h | 0.09995 | −0.153% | $121.5M | $97.0M | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.1004% | 1h | 0.1001 | long leg | $5K | $239K | 12x |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE