Funding you earn now, next payment 00:00 UTC−0.0140%/8h= −15.4% APRpaid last 24h +0.016%
Price spread now: HTX against Phoenix−0.011%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.011%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.234%, 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 | 0.09989 | 0.0240 | pay 0.0030% / 1h | 49m 18s | $67K | $283K | 10x |
| Short | HTX DOGE-USDT | 0.09988 | 0.0100 | get 0.0100% / 8h | 7h 49m | $6.0M | $52.4M | 75x |
Phoenix DOGE
HTX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$29.45
- Price spread: −0.011% → +0.006%
- −$1.68
- Slippage, 4 orders
- −$21.67
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$71.8
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 19 min ago; HTX: live order book, 5 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, 19 min ago | 1.01 bp | 12.3 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 1.05 bp | 7.9 bp −$8 | 12.6 bp −$126 | 40.8 bp −$4,083 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0199% | 8h | 0.09992 | +0.030% | $152.3M | $270.7M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1000 | +0.132% | $6.0M | $33.8M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09992 | +0.031% | $396K | $4.9M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09995 | +0.056% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0017% | 1h | 0.09976 | −0.126% | $224K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0021% | 8h | 0.09993 | +0.040% | $242.0M | $127.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0076% | 8h | 0.09996 | +0.070% | $92.3M | $19.0M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0080% | 1h | 0.1000 | +0.126% | $602K | $120K | 25x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09981 | −0.080% | $2K | $398K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09987 | −0.020% | $513K | $976K | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Phemex DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09996 | +0.068% | $4.9M | $46.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09981 | −0.081% | $333K | $517K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09999 | +0.099% | $317.2M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1000 | +0.110% | $158.2M | $437.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09998 | +0.090% | $110.0M | $964.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09991 | +0.020% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09980 | −0.090% | $382K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09995 | +0.060% | $110.1M | $222.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09996 | +0.070% | $65.5M | $42.7M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09993 | +0.040% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09970 | −0.190% | $379K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09982 | −0.071% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | +0.386% | $259K | $121.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | +0.428% | $638K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.090% | $147K | $256K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09986 | −0.030% | $263K | $557K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09998 | +0.090% | $73K | $446K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09998 | +0.086% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | +0.120% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1000 | +0.120% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDTshort | +0.0100% | 8h | 0.09988 | −0.011% | $6.0M | $52.4M | 75x | |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09974 | −0.146% | $18K | $5K | 30x | as long as short |
| Lighter DOGE | +0.0104% | 1h | 0.1001 | +0.174% | $859K | $5.7M | 15x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09998 | +0.089% | $616K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09998 | +0.089% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0181% | 1h | 0.09993 | +0.044% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09997 | +0.085% | $528 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1000 | +0.120% | $15.2M | $25.4M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1000 | +0.150% | $2.0M | $24.6M | 50x | as long as short |
| Phoenix DOGElong | +0.0240% | 1h | 0.09989 | long leg | $67K | $283K | 10x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.09995 | +0.057% | $308K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.09990 | +0.008% | $316K | $478K | 10x | as long as short |
| Hyperliquid DOGE | +0.0792% | 1h | 0.1001 | +0.170% | $118.8M | $91.5M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.09990 | +0.010% | $5K | $239K | 12x | as long as short |
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
Paradex DOGE-USD-PERP
Lighter DOGE
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP