Funding you earn now, next payment 09:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.07 per $10,000 · paid last 24h −0.003%
Price spread now: Extended against Phoenix−0.141%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$340.344% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.141%, 7d avg −0.094%
=Together, before fees+0.083%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.047% cheaper against Phoenix than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.094%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.209%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DOGE | 0.09870 | 0.0161 | pay 0.0020% / 1h | 1m 10s | $18K | $355K | 10x |
| Short | Extended DOGE-USD | 0.09856 | 0.0104 | get 0.0013% / 1h | 1m 10s | $482K | $3.7M | 50x |
Phoenix DOGE
Extended DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phoenix. 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
- −$11.88
- Price spread: −0.141% → −0.094%
- −$4.68
- Slippage, 4 orders
- −$22.4
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$50.97
- Costs to cover
- 0.344%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 48 min ago; Extended: live order book, 6 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, 48 min ago | 1.01 bp | 12.3 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 0.51 bp | 5.8 bp −$6 | 6.7 bp −$67 | 14.1 bp −$1,406 | doesn't fit |
DOGE on 43 exchanges
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 | −0.0052% | 1h | 0.09861 | −0.089% | $5.3M | $39.9M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0038% | 8h | 0.09855 | −0.154% | $139.6M | $307.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09859 | −0.117% | $530K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09857 | −0.130% | $33K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0029% | 8h | 0.09858 | −0.124% | $166.2M | $495.9M | 75x | as long as short |
| Gate DOGE_USDT | +0.0031% | 8h | 0.09861 | −0.093% | $253.5M | $149.5M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.685% | $6K | $240K | 12x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0095% | 1h | 0.09865 | −0.057% | $552K | $295K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09868 | −0.023% | $815K | $6.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09860 | −0.103% | $3K | $541K | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bybit DOGEUSDT
Gate DOGE_USDT
Injective DOGE/USDC PERP
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USDShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.09854 | −0.164% | $509K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09872 | +0.021% | $122.4M | $108.5M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09861 | −0.093% | $4.7M | $57.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09863 | −0.073% | $315K | $466K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09859 | −0.113% | $325.4M | $1.60B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09864 | −0.063% | $118.4M | $1.11B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09863 | −0.073% | $17K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09869 | −0.011% | $377K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09863 | −0.073% | $113.0M | $258.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09864 | −0.063% | $65.4M | $45.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09861 | −0.093% | — | $46.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09863 | −0.073% | $312K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09859 | −0.112% | $1.2M | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09874 | +0.042% | $265K | $132.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09867 | −0.036% | $620K | $3.9M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09880 | +0.099% | $139K | $343K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09854 | −0.161% | $243K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09861 | −0.093% | $68K | $421K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09864 | −0.066% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09861 | −0.093% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09864 | −0.062% | $5.9M | $65.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09861 | −0.093% | $89.9M | $15.5M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09858 | −0.121% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USDshort | +0.0104% | 1h | 0.09856 | −0.141% | $482K | $3.7M | 50x | |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09886 | +0.161% | $19K | — | 3x | as long as short |
| Phoenix DOGElong | +0.0161% | 1h | 0.09870 | long leg | $18K | $355K | 10x | |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09863 | −0.071% | $454 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0206% | 1h | 0.09854 | −0.164% | $2K | — | 20x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0211% / S −0.0184% | 1h | 0.09858 | −0.120% | $286K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09858 | −0.124% | $15.4M | $25.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09868 | −0.022% | $2.2M | $33.1M | 50x | as long as short |
| dYdX DOGE-USD | +0.0275% | 1h | 0.09860 | −0.104% | $232K | $67K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0565% | 1h | 0.09864 | −0.063% | $409K | $414K | 10x | as long as short |
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
dYdX DOGE-USD
RISEx DOGE/USDC