DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0546%/8h= +59.8% APRnext payment +$0.68 per $10,000 · paid last 24h +0.162%

Price spread now: RISEx against Phoenix−0.160%50s7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.387% of the position

Long on Phoenix Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.431%+$43 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.160%, 7d avg +0.001%

Together, before fees+0.510%+$51 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.160% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.001%). If the spread goes back, that is −$16 on $10k: about 23 hours of funding at the current rate (+$16 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

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	14m 35s	$18K	$382K	10x
Short	RISEx DOGE/USDC	0.1001	0.0626	get 0.0078% / 1h	14m 35s	$402K	$458K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.160%Rate

Funding earned: $114.6
Price spread: −0.160% → +0.001%: −$16.02
Slippage, 4 orders: −$25.69
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $59.9
Costs to cover: 0.387%
Break-even: 3.3 days

Slippage from Phoenix: live order book, 23 min ago; RISEx: live order book, 29 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, 23 min ago	1.00 bp	12.3 bp −$12	50.7 bp −$507	doesn't fit	doesn't fit
Sell RISEx live order book, 29 min ago	4.01 bp	7.0 bp −$7	14.5 bp −$145	doesn't fit	doesn't fit

DOGE on 43 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	−0.0082%	1h	0.1001	−0.190%	$5.7M	$40.6M	50x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1000	−0.223%	$225K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1001	−0.158%	$613K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.10000	−0.249%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.043%	$6K	$242K	12x	as long as short
Bitget DOGEUSDT	+0.0048%	8h	0.09988	−0.364%	$141.8M	$344.1M	75x	as long as short
Polymarket Perps DOGE-USD	+0.0048%	1h	0.09992	−0.326%	$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	0.1001	−0.096%	$849K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1000	−0.219%	$540K	$1.1M	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.1000	−0.224%	$4.6M	$58.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1001	−0.173%	$319K	$501K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1000	−0.239%	$329.5M	$1.72B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09995	−0.294%	$165.0M	$522.2M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09998	−0.264%	$117.4M	$1.20B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1003	+0.032%	$385K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1000	−0.244%	$250.0M	$157.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1001	−0.185%	$112.2M	$258.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1001	−0.185%	$66.8M	$50.1M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1000	−0.214%	—	$53.2M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1001	−0.195%	$303K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1001	−0.157%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1002	−0.042%	$304K	$140.3M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	−0.135%	$631K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1002	−0.045%	$148K	$340K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1000	−0.224%	$70K	$476K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1001	−0.162%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1000	−0.204%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1001	−0.132%	$5.9M	$68.9M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1001	−0.195%	$91.7M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1000	−0.205%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09997	−0.278%	$488K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1000	−0.213%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0108%	8h	0.1000	−0.234%	$836	$538K	10x	as long as short
Hyperliquid DOGE	+0.0136%	1h	0.1001	−0.175%	$124.5M	$116.6M	10x	as long as short
Reya DOGERUSDPERP	+0.0198%	1h	0.09993	−0.317%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1001	−0.145%	$16.2M	$27.1M	75x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0240%	1h	0.1001	−0.172%	$574K	$253K	25x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1001	−0.135%	$1.9M	$34.9M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.10000	−0.249%	$315K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0272%	1h	0.1001	−0.191%	$445	$4K	10x	as long as short
Arcus DOGE-USD	+0.0387%	1h	0.1000	−0.244%	$18K	$307K	10x	as long as short
RISEx DOGE/USDCshort	+0.0626%	1h	0.1001	−0.160%	$402K	$458K	10x