Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.026%
Price spread now: Deribit against Orderly+0.024%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.024%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOGE_USDC | 0.09933 | 0.0100 | pay 0.0100% / 8h | 2h 00m | $57K | $396K | 50x |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.09935 | 0 | get 0.0000% / 1h | 0m 11s | $621K | $106K | 25x |
Orderly PERP_DOGE_USDC
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Orderly. 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
- −$21
- Price spread: +0.024% → +0.018%
- $0.65
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$33.35
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 24 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 24 min ago | 3.01 bp | 7.1 bp −$7 | 100.7 bp −$1,007 | doesn't fit | doesn't fit |
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 | −0.0275% | 8h | 0.09933 | 0.000% | $152.2M | $261.5M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09929 | −0.042% | $361K | $4.4M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | 0.0000% | 1h | 0.09935 | +0.024% | $621K | $106K | 25x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09931 | −0.016% | $32K | — | 150x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09924 | −0.093% | $15K | $225K | 10x | as long as short |
| Gate DOGE_USDT | +0.0082% | 8h | 0.09936 | +0.030% | $237.3M | $121.5M | 75x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09929 | −0.040% | $841 | $347K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09939 | +0.056% | $758K | $5.3M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09925 | −0.076% | $618K | $704K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09935 | +0.019% | $4.9M | $40.8M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Gate DOGE_USDT
Katana Perps DOGE-USD
Lighter DOGE
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 | 0.09929 | −0.035% | $334K | $496K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09938 | +0.051% | $314.5M | $1.27B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09938 | +0.050% | $158.9M | $399.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09943 | +0.101% | $108.8M | $896.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09933 | 0.000% | $28K | $76K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09940 | +0.070% | $110.6M | $221.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09937 | +0.040% | $65.3M | $39.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09935 | +0.020% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09932 | −0.009% | $939K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09951 | +0.183% | $264K | $112.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09906 | −0.273% | $628K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09900 | −0.332% | $143K | $228K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09926 | −0.066% | $271K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDClong | +0.0100% | 8h | 0.09933 | long leg | $57K | $396K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09932 | −0.008% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09938 | +0.046% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09932 | −0.010% | $2K | $3.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09932 | −0.014% | $6.0M | $47.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09935 | +0.020% | $92.1M | $19.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09939 | +0.062% | $381K | $14K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09928 | −0.054% | $18K | $5K | 30x | as long as short |
| dYdX DOGE-USD | +0.0103% | 1h | 0.09927 | −0.065% | $223K | $44K | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09930 | −0.027% | $548K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09935 | +0.015% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0160% | 1h | 0.09932 | −0.013% | $524 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0175% | 1h | 0.09930 | −0.026% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09938 | +0.050% | $15.1M | $23.9M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09935 | +0.020% | $2.0M | $22.6M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0247% | 1h | 0.09931 | −0.025% | $317K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0256% | 1h | 0.09945 | +0.121% | $525K | $932K | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0288% | 1h | 0.09932 | −0.008% | $5.9M | $31.9M | 50x | as long as short |
| Hyperliquid DOGE | +0.0410% | 1h | 0.09945 | +0.116% | $109.3M | $80.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09935 | +0.025% | $312K | $474K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09960 | +0.272% | $5K | $180K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Bulk DOGE-USD
Paradex DOGE-USD-PERP
dYdX DOGE-USD
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP