Funding you earn now, next payment 04:00 UTC−0.0904%/8h= −99.0% APRpaid last 24h −0.207%
Price spread now: Binance against Injective−0.303%7-day average −0.193% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days−1.544%−$154 on $10k
+Price spread, last 4 days (all we have)+0.420%+$42 · spread now −0.303%, 7d avg −0.193%
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Binance is 0.110% cheaper against Injective than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.193%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DOGE/USDC PERP | 0.1003 | 0.1004 | pay 0.0126% / 1h | 20m 55s | $5K | $239K | 12x |
| Short | Binance DOGEUSDT | 0.10000 | 0.0100 | get 0.0100% / 8h | 4h 20m | $323.8M | $1.47B | 75x |
Injective DOGE/USDC PERP
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$189.89
- Price spread: −0.303% → −0.193%
- −$11.04
- Slippage, 4 orders
- −$71.92
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$282.87
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from Injective: live order book, 38 min ago; Binance: live order book, 8 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, 38 min ago | 35.30 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.50 bp | 5.8 bp −$6 | 8.8 bp −$88 | 22.2 bp −$2,216 | 47.1 bp −$23.5K |
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 | 0.09985 | −0.449% | $151.0M | $276.6M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09995 | −0.348% | $5.7M | $35.7M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09992 | −0.380% | $394K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09992 | −0.380% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0016% | 1h | 0.09995 | −0.348% | $224K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.10000 | −0.303% | $733K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.09989 | −0.409% | $999 | $457K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09987 | −0.429% | $525K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09992 | −0.378% | $4.7M | $49.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09999 | −0.309% | $325K | $483K | 20x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDTshort | +0.0100% | 8h | 0.10000 | −0.303% | $323.8M | $1.47B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09987 | −0.429% | $163.0M | $447.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09989 | −0.409% | $112.7M | $1.01B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | −0.104% | $385K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09992 | −0.379% | $246.3M | $134.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09994 | −0.359% | $111.7M | $235.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09992 | −0.379% | $66.1M | $43.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09998 | −0.319% | — | $77.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09990 | −0.399% | $321K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09987 | −0.432% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1000 | −0.299% | $300K | $130.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09995 | −0.349% | $637K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | +0.100% | $146K | $288K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09991 | −0.391% | $258K | $863K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09995 | −0.349% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09993 | −0.373% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | −0.277% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09997 | −0.329% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09993 | −0.371% | $6.0M | $58.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09993 | −0.369% | $91.9M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09988 | −0.422% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09991 | −0.390% | $495K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09995 | −0.346% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0180% | 1h | 0.09996 | −0.341% | $597K | $119K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.09994 | −0.357% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09993 | −0.365% | $533 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09992 | −0.379% | $15.6M | $25.4M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1003 | −0.013% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.09992 | −0.379% | $313K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0262% | 1h | 0.1000 | −0.289% | $121.9M | $101.4M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1000 | −0.259% | $2.3M | $27.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1000 | −0.299% | $109K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09992 | −0.374% | $404K | $413K | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.1004% | 1h | 0.1003 | long leg | $5K | $239K | 12x |
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
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC