Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.014%
Price spread now: dYdX against Orderly+0.071%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.071%, 7d avg +0.002%
=The price spread pays, funding is against you. dYdX is 0.068% dearer against Orderly than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.002%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.014% in total) that is about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOGE_USDC | 0.09936 | 0.0100 | pay 0.0100% / 8h | 52m 30s | $70K | $470K | 50x |
| Short | dYdX DOGE-USD | 0.09943 | 0 | get 0.0000% / 1h | 52m 30s | $223K | $69K | 10x |
Orderly PERP_DOGE_USDC
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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: +0.071% → +0.002%
- $6.82
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$30.18
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 52 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 dYdX live order book, 52 min ago | 31.06 bp | 37.1 bp −$37 | 87.6 bp −$876 | 105.9 bp −$10.6K | 117.5 bp −$58.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0060% | 1h | 0.09936 | +0.001% | $5.6M | $40.6M | 50x | as long as short |
| dYdX DOGE-USDshort | 0.0000% | 1h | 0.09943 | +0.071% | $223K | $69K | 10x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09940 | +0.040% | $609K | $6.5M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09939 | +0.032% | $570K | $252K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09937 | +0.006% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0030% | 8h | 0.09938 | +0.020% | $140.9M | $344.9M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.978% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0044% | 1h | 0.09942 | +0.060% | $259K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09953 | +0.170% | $841K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09940 | +0.040% | $536K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09952 | +0.164% | $123.8M | $117.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09943 | +0.072% | $4.5M | $58.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09941 | +0.050% | $317K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09945 | +0.093% | $328.5M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09944 | +0.081% | $163.9M | $522.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09945 | +0.091% | $115.9M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09941 | +0.050% | $17K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09979 | +0.435% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09934 | −0.020% | $248.8M | $155.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09940 | +0.040% | $111.5M | $257.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09945 | +0.091% | $66.3M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09937 | +0.010% | — | $53.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09943 | +0.070% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09950 | +0.137% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09979 | +0.428% | $304K | $139.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09970 | +0.342% | $628K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | +0.342% | $145K | $341K | 25x | as long as short |
| Orderly PERP_DOGE_USDClong | +0.0100% | 8h | 0.09936 | long leg | $70K | $470K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09935 | −0.014% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09962 | +0.262% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09937 | +0.010% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09936 | −0.004% | $5.9M | $68.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09942 | +0.060% | $91.1M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09936 | −0.002% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09934 | −0.016% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09939 | +0.030% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09944 | +0.081% | $831 | $537K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09959 | +0.236% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0199% | 1h | 0.09942 | +0.058% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09938 | +0.020% | $1.9M | $34.6M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09943 | +0.070% | $15.5M | $26.9M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09936 | −0.002% | $313K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0288% | 1h | 0.09953 | +0.169% | $443 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09949 | +0.132% | $400K | $458K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
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
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC