Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Phemex−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.068% cheaper against Phemex than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DOGEUSDT | 0.09920 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $90.6M | $16.4M | 50x |
| Short | gTrade (Gains Network) DOGE/USD | 0.09913 | L +0.0001% / S 0.0000% | get 0.0000% / 1h | 17m 48s | $33K | — | 150x |
Phemex DOGEUSDT
gTrade (Gains Network) DOGE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Phemex. 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
- −$20.96
- Price spread: −0.068% → 0.000%
- −$6.84
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$49.8
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 6 min ago; gTrade (Gains Network): 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 Phemex live order book, 6 min ago | 3.05 bp | 10.8 bp −$11 | 25.4 bp −$254 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0096% | 1h | 0.09923 | +0.034% | $5.5M | $40.9M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0015% | 8h | 0.09905 | −0.151% | $140.4M | $347.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09909 | −0.115% | $513K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USDshort | L +0.0001% / S 0.0000% | 1h | 0.09913 | −0.068% | $33K | — | 150x | |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.149% | $6K | $242K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09887 | −0.330% | $18K | $386K | 10x | as long as short |
| Gate DOGE_USDT | +0.0081% | 8h | 0.09909 | −0.111% | $250.4M | $155.8M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09921 | +0.009% | $824K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09903 | −0.171% | $827 | $542K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09907 | −0.136% | $511K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Injective DOGE/USDC PERP
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
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 | 0.09918 | −0.020% | $123.6M | $116.6M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09914 | −0.059% | $5.1M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09907 | −0.132% | $322K | $478K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09914 | −0.060% | $327.1M | $1.70B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09913 | −0.071% | $165.6M | $522.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09918 | −0.020% | $114.9M | $1.18B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09908 | −0.121% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09908 | −0.119% | $378K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09913 | −0.071% | $116.9M | $264.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09912 | −0.081% | $65.7M | $49.2M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09915 | −0.050% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09920 | 0.000% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09898 | −0.221% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09888 | −0.322% | $262K | $139.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09897 | −0.230% | $633K | $4.2M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | −0.302% | $141K | $348K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09910 | −0.101% | $258K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09919 | −0.010% | $71K | $461K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09809 | −1.122% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09922 | +0.022% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09921 | +0.010% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09920 | 0.000% | $5.9M | $69.2M | 75x | as long as short |
| Phemex DOGEUSDTlong | +0.0100% | 8h | 0.09920 | long leg | $90.6M | $16.4M | 50x | |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09903 | −0.172% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09904 | −0.160% | $481K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09920 | −0.001% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0153% | 1h | 0.09923 | +0.034% | $555K | $301K | 25x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0166% / S −0.0120% | 1h | 0.09912 | −0.084% | $330K | — | 200x | as long as short |
| Reya DOGERUSDPERP | +0.0203% | 1h | 0.09906 | −0.136% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09912 | −0.081% | $2.2M | $35.2M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09897 | −0.232% | $15.4M | $26.9M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09913 | −0.069% | $456 | $4K | 10x | as long as short |
| dYdX DOGE-USD | +0.0406% | 1h | 0.09914 | −0.065% | $233K | $72K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09912 | −0.080% | $399K | $450K | 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
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
GMX DOGE/USD [ETH-USDC]
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
dYdX DOGE-USD
RISEx DOGE/USDC