Funding you earn now, next payment 04:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.029%
Price spread now: Coinbase International against OKX+0.098%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.098%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.062% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% 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 | OKX DOGE-USDT-SWAP | 0.1023 | 0.0100 | pay 0.0100% / 8h | 3h 21m | $116.4M | $1.15B | 50x |
| Short | Coinbase International DOGE-PERP-INTX | 0.1024 | 0.0304 | get 0.0038% / 1h | 21m 05s | $2.1M | $33.4M | 50x |
OKX DOGE-USDT-SWAP
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- $42.84
- Price spread: +0.098% → +0.036%
- $6.16
- Slippage, 4 orders
- −$12.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $16.31
- Costs to cover
- 0.327%
- Break-even
- 4.3 days
Slippage from OKX: live order book, 3 min ago; Coinbase International: live order book, 3 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 OKX live order book, 3 min ago | 0.49 bp | 5.7 bp −$6 | 8.7 bp −$87 | 21.3 bp −$2,134 | 44.7 bp −$22.3K |
| Sell Coinbase International live order book, 3 min ago | 2.42 bp | 10.1 bp −$10 | 18.6 bp −$186 | 56.7 bp −$5,667 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1024 | +0.100% | $692K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1023 | +0.048% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0024% | 1h | 0.1024 | +0.148% | $230K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0063% | 8h | 0.1023 | −0.010% | $133.3M | $316.3M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1024 | +0.098% | $760K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1024 | +0.132% | $556K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1023 | +0.029% | $4.9M | $54.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1025 | +0.199% | $328K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1023 | +0.029% | $338.9M | $1.61B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1023 | −0.020% | $167.3M | $498.5M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAPlong | +0.0100% | 8h | 0.1023 | long leg | $116.4M | $1.15B | 50x | |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1029 | +0.655% | $395K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1023 | −0.020% | $253.1M | $146.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1023 | 0.000% | $115.3M | $245.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1023 | +0.039% | $67.3M | $48.2M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1023 | +0.029% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1022 | −0.049% | $341K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1026 | +0.319% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1029 | +0.594% | $330K | $136.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1027 | +0.411% | $649K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1030 | +0.704% | $155K | $330K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1023 | +0.059% | $258K | $983K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1023 | +0.039% | $69K | $468K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1023 | +0.038% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1024 | +0.084% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1023 | +0.049% | $2K | $5.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1023 | +0.066% | $6.0M | $65.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1023 | +0.029% | $94.0M | $17.3M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1024 | +0.165% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1023 | +0.016% | $494K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1023 | +0.054% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0121% | 8h | 0.1025 | +0.205% | $1K | $498K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1024 | +0.069% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1024 | +0.098% | $16.8M | $27.1M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0229% | 1h | 0.1024 | +0.081% | $581K | $247K | 25x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1023 | +0.051% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0246% | 1h | 0.1023 | +0.045% | $5.5M | $38.9M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1023 | +0.048% | $331K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1026 | +0.281% | $456 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0304% | 1h | 0.1024 | +0.098% | $2.1M | $33.4M | 50x | |
| Hyperliquid DOGE | +0.0498% | 1h | 0.1023 | +0.068% | $127.7M | $110.6M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1026 | +0.332% | $111K | $203K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1026 | +0.291% | $414K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +2.953% | $6K | $242K | 12x | as long as short |
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP