DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0082%/8h= −8.9% APRnext payment −$0.10 per $10,000 · paid last 24h −0.020%

Price spread now: Derive against Reya+0.030%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Derive is 0.030% dearer against Reya than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya DOGERUSDPERP	0.1010	0.0182	pay 0.0023% / 1h	26m 16s	$2K	—	20x
Short	Derive DOGE-PERP	0.1011	0.0100	get 0.0013% / 1h	26m 16s	$25K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Reya. 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 ReyabpFee DerivebpOrdersPrice spread, now +0.030%Rate

Funding earned: −$17.14
Price spread: +0.030% → 0.000%: $3.02
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Derive: 3 bp × 2 orders: −$6
Net: −$26.12
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Derive: 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 Reya no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

Reya and Derive: 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
Phemex DOGEUSDT	−0.0238%	8h	0.1010	+0.001%	$93.3M	$17.8M	50x	as long as short
Bitget DOGEUSDT	−0.0180%	8h	0.1009	−0.147%	$153.3M	$270.9M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0077%	1h	0.1011	+0.044%	$6.1M	$33.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1010	−0.011%	$408K	$4.8M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1011	+0.030%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0017%	1h	0.1011	+0.109%	$227K	$44K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0086%	1h	0.1011	+0.069%	$608K	$121K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.1011	+0.109%	$790K	$5.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1011	+0.051%	$1K	$412K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1011	+0.056%	$518K	$971K	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	0.1010	+0.018%	$5.0M	$46.4M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1011	+0.097%	$337K	$516K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1010	−0.004%	$321.2M	$1.40B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1010	−0.028%	$160.3M	$437.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1010	−0.058%	$111.0M	$972.9M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1012	+0.130%	$28K	$82K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1007	−0.322%	$386K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1010	+0.011%	$245.5M	$129.4M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1010	−0.068%	$114.0M	$224.6M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1010	+0.001%	$66.3M	$42.6M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1010	−0.058%	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1010	−0.058%	$365K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1010	+0.020%	$1.0M	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1009	−0.122%	$265K	$123.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1011	+0.051%	$634K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1009	−0.127%	$149K	$268K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1010	−0.008%	$276K	$620K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1011	+0.041%	$73K	$424K	50x	as long as short
Derive DOGE-PERPshort	+0.0100%	1h	0.1011	+0.030%	$25K	$1K	10x
SunX DOGE-USDT	+0.0100%	8h	0.1011	+0.056%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1011	+0.041%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1011	+0.060%	$6.0M	$52.7M	75x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1012	+0.133%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1011	+0.024%	$532K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1011	+0.035%	$19K	—	3x	as long as short
Reya DOGERUSDPERPlong	+0.0182%	1h	0.1010	long leg	$2K	—	20x
01 Exchange DOGEUSD	+0.0192%	1h	0.1011	+0.103%	$534	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1008	−0.246%	$15.5M	$25.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1011	+0.100%	$2.0M	$25.1M	50x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1010	−0.011%	$66K	$283K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0245% / S −0.0263%	1h	0.1011	+0.041%	$311K	—	200x	as long as short
RISEx DOGE/USDC	+0.0701%	1h	0.1012	+0.120%	$327K	$480K	10x	as long as short
Hyperliquid DOGE	+0.0837%	1h	0.1012	+0.160%	$123.2M	$94.7M	10x	as long as short
Injective DOGE/USDC PERP	+0.0973%	1h	0.1011	+0.071%	$5K	$239K	12x	as long as short