Funding you earn now, next payment 23:00 UTC−0.0866%/8h= −94.8% APRpaid last 24h −0.208%
Price spread now: Orderly against Injective−0.020%7-day average −0.201% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.571%−$157 on $10k
+Price spread, last 3 days (all we have)+0.103%+$10 · spread now −0.020%, 7d avg −0.201%
=The price spread pays, funding is against you. Orderly is 0.181% dearer against Injective than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.201%): +$18 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DOGE/USDC PERP | 0.1005 | 0.0966 | pay 0.0121% / 1h | 14m 52s | $5K | $239K | 12x |
| Short | Orderly PERP_DOGE_USDC | 0.1005 | 0.0100 | get 0.0100% / 8h | 1h 14m | $73K | $432K | 50x |
Injective DOGE/USDC PERP
Orderly PERP_DOGE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$181.85
- Price spread: −0.020% → −0.201%
- $18.06
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$169.81
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 4 min ago; Orderly: no order-book sample. 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 Injective live order book, 4 min ago | 34.84 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | −0.0261% | 8h | 0.1007 | +0.229% | $153.8M | $266.5M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1007 | +0.208% | $420K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1005 | −0.026% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0016% | 1h | 0.1004 | −0.074% | $225K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0079% | 1h | 0.1005 | −0.029% | $608K | $109K | 25x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1005 | +0.009% | $66K | $222K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1008 | +0.252% | $793K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1004 | −0.100% | $839 | $370K | 10x | as long as short |
| Gate DOGE_USDT | +0.0098% | 8h | 0.1008 | +0.308% | $242.9M | $124.7M | 75x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.065% | $569K | $861K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Gate DOGE_USDT
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.279% | $5.0M | $43.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | −0.036% | $335K | $509K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1009 | +0.388% | $321.1M | $1.33B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.348% | $159.9M | $421.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1009 | +0.358% | $109.9M | $936.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1005 | −0.010% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1006 | +0.122% | $386K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1008 | +0.348% | $112.5M | $217.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1008 | +0.279% | $66.3M | $41.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1009 | +0.368% | — | $74.8M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1004 | −0.077% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1004 | −0.080% | $275K | $116.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1004 | −0.070% | $632K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1005 | 0.000% | $147K | $245K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | −0.070% | $268K | $542K | 10x | as long as short |
| Orderly PERP_DOGE_USDCshort | +0.0100% | 8h | 0.1005 | −0.020% | $73K | $432K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1005 | −0.030% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.008% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1006 | +0.070% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1007 | +0.241% | $6.0M | $50.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1007 | +0.179% | $93.3M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1004 | −0.062% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1008 | +0.283% | $557K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1005 | −0.029% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0177% | 1h | 0.1005 | −0.035% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1005 | −0.028% | $530 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1006 | +0.100% | $2.0M | $23.7M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1006 | +0.070% | $15.4M | $25.1M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0248% / S −0.0198% | 1h | 0.1005 | −0.032% | $366K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0362% | 1h | 0.1006 | +0.094% | $6.0M | $32.8M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0414% | 1h | 0.1008 | +0.299% | $538K | $956K | 15x | as long as short |
| Hyperliquid DOGE | +0.0474% | 1h | 0.1009 | +0.365% | $114.4M | $84.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1005 | +0.015% | $315K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.0966% | 1h | 0.1005 | long leg | $5K | $239K | 12x |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC