DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h −0.003%

Price spread now: ApeX Omni against Phoenix−0.031%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$560.556% of the position

Long on Phoenix Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.208%+$21 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now −0.031%, 7d avg −0.014%

Together, before fees+0.208%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix DOGE	0.1002	0.0080	pay 0.0010% / 1h	0m 26s	$18K	$382K	10x
Short	ApeX Omni DOGEUSDT	0.1002	0.0100	get 0.0013% / 1h	0m 26s	$146K	$341K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee ApeX OmnibpOrdersPrice spread, now −0.031%Rate

Funding earned: $4.22
Price spread: −0.031% → −0.014%: −$1.67
Slippage, 4 orders: −$38.64
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$53.09
Costs to cover: 0.556%
Break-even: 95.0 days

Slippage from Phoenix: live order book, 37 min ago; ApeX Omni: live order book, 42 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 Phoenix live order book, 37 min ago	1.00 bp	12.3 bp −$12	50.7 bp −$507	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 42 min ago	5.02 bp	14.4 bp −$14	57.5 bp −$575	doesn't fit	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
Kraken Futures PF_DOGEUSD	−0.0083%	1h	0.09979	−0.443%	$5.6M	$40.6M	50x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09972	−0.514%	$224K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09985	−0.383%	$612K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09974	−0.487%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.057%	$6K	$242K	12x	as long as short
Bitget DOGEUSDT	+0.0036%	8h	0.09985	−0.380%	$141.6M	$344.4M	75x	as long as short
Polymarket Perps DOGE-USD	+0.0047%	1h	0.09985	−0.380%	$263K	$1.2M	10x	as long as short
Phoenix DOGElong	+0.0080%	1h	0.1002	long leg	$18K	$382K	10x
Lighter DOGE	+0.0096%	1h	0.09985	−0.381%	$846K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09993	−0.300%	$538K	$1.1M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09991	−0.316%	$4.6M	$58.8M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09978	−0.452%	$318K	$501K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09993	−0.302%	$329.9M	$1.72B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09990	−0.330%	$164.5M	$522.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09992	−0.310%	$117.3M	$1.21B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09979	−0.438%	$383K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09988	−0.350%	$249.8M	$157.9M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09994	−0.290%	$112.3M	$259.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09994	−0.290%	$66.8M	$50.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09983	−0.400%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09974	−0.490%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09969	−0.542%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1001	−0.166%	$304K	$140.2M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1000	−0.201%	$631K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDTshort	+0.0100%	1h	0.1002	−0.031%	$146K	$341K	25x
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09975	−0.480%	$70K	$470K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1000	−0.207%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09993	−0.304%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09979	−0.440%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09980	−0.429%	$5.9M	$69.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09979	−0.440%	$91.4M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09988	−0.354%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09986	−0.368%	$490K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09978	−0.450%	$19K	—	3x	as long as short
Hyperliquid DOGE	+0.0105%	1h	0.09999	−0.245%	$124.4M	$117.0M	10x	as long as short
Katana Perps DOGE-USD	+0.0107%	8h	0.09987	−0.360%	$2K	$536K	10x	as long as short
Reya DOGERUSDPERP	+0.0198%	1h	0.09974	−0.492%	$2K	—	20x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0211%	1h	0.09980	−0.428%	$572K	$252K	25x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09979	−0.440%	$16.2M	$27.1M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09981	−0.420%	$1.9M	$34.7M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.09974	−0.489%	$314K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0264%	1h	0.09997	−0.258%	$445	$4K	10x	as long as short
Arcus DOGE-USD	+0.0387%	1h	0.09990	−0.330%	$17K	$308K	10x	as long as short
RISEx DOGE/USDC	+0.0626%	1h	0.09998	−0.246%	$402K	$458K	10x	as long as short