Funding you earn now, next payment 11:00 UTC−0.0487%/8h= −53.3% APRnext payment −$0.61 per $10,000 · paid last 24h −0.140%
Price spread now: Backpack against RISEx−0.077%7-day average −0.053% · 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−$26as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 4 days (all we have)−0.388%−$39 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.077%, 7d avg −0.053%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Backpack is 0.024% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx DOGE/USDC | 0.09786 | 0.0587 | pay 0.0073% / 1h | 8m 15s | $406K | $389K | 10x |
| Short | Backpack DOGE_USDC_PERP | 0.09779 | 0.0100 | get 0.0013% / 1h | 8m 15s | $309K | $1.2M | 15x |
RISEx DOGE/USDC
Backpack DOGE_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against RISEx. 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
- −$102.29
- Price spread: −0.077% → −0.053%
- −$2.41
- Slippage, 4 orders
- −$7.36
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$128.05
- Costs to cover
- 0.234%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 38 min ago; Backpack: live order book, 4 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 RISEx live order book, 38 min ago | 2.55 bp | 5.5 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 4 min ago | 0.51 bp | 6.3 bp −$6 | 53.9 bp −$539 | doesn't fit | 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 | −0.0140% | 1h | 0.09782 | −0.045% | $5.3M | $39.1M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0048% | 8h | 0.09774 | −0.128% | $138.1M | $292.7M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09784 | −0.022% | $501K | $6.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09779 | −0.072% | $32K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0004% | 8h | 0.09777 | −0.097% | $164.4M | $493.7M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.597% | $6K | $240K | 12x | as long as short |
| Gate DOGE_USDT | +0.0067% | 8h | 0.09778 | −0.087% | $252.1M | $147.3M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09785 | −0.019% | $18K | $311K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09788 | +0.015% | $804K | $6.4M | 15x | as long as short |
| 01 Exchange DOGEUSD | +0.0096% | 1h | 0.09785 | −0.019% | $450 | $4K | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bybit DOGEUSDT
Injective DOGE/USDC PERP
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGE
01 Exchange DOGEUSDShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOGE_USDC-PERPETUAL | +0.0098% | 1h | 0.09784 | −0.024% | $547K | $292K | 25x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09776 | −0.107% | $936 | $536K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09779 | −0.075% | $18K | $5K | 30x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09773 | −0.133% | $508K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09788 | +0.020% | $121.0M | $107.3M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09783 | −0.037% | $4.9M | $57.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09788 | +0.010% | $309K | $442K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09783 | −0.036% | $323.2M | $1.60B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09783 | −0.036% | $116.8M | $1.09B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09784 | −0.026% | $15K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09789 | +0.022% | $374K | $5K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09782 | −0.046% | $113.2M | $252.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09783 | −0.036% | $63.8M | $45.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09777 | −0.097% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERPshort | +0.0100% | 1h | 0.09779 | −0.077% | $309K | $1.2M | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09768 | −0.189% | $1.3M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09776 | −0.107% | $263K | $125.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09778 | −0.086% | $616K | $3.9M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09770 | −0.169% | $138K | $345K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09776 | −0.111% | $217K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09781 | −0.056% | $67K | $423K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09784 | −0.030% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09783 | −0.036% | $3K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09787 | +0.004% | $5.9M | $64.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09781 | −0.056% | $89.2M | $15.5M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09776 | −0.104% | $479K | $3.4M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09780 | −0.067% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0153% | 1h | 0.09785 | −0.012% | $230K | $75K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0208% | 1h | 0.09777 | −0.094% | $2K | — | 20x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0211% / S −0.0187% | 1h | 0.09773 | −0.134% | $286K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09781 | −0.056% | $15.4M | $25.5M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0264% | 1h | 0.09792 | +0.056% | $2.3M | $32.8M | 50x | as long as short |
| RISEx DOGE/USDClong | +0.0587% | 1h | 0.09786 | long leg | $406K | $389K | 10x |
Deribit DOGE_USDC-PERPETUAL
Katana Perps DOGE-USD
Paradex DOGE-USD-PERP
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-USDC
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
Extended DOGE-USD
Aevo DOGE-PERP
dYdX DOGE-USD
Reya DOGERUSDPERP
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX