DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h +0.023%

Price spread now: Arcus against SoDEX−0.080%7-day average +0.016% · 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−$34as in the Price arb table

costs, in and out, $10k−$250.247% of the position

Long on SoDEX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.125%+$13 · spread now −0.080%, 7d avg +0.016%

Together, before fees+0.154%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.096% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.016%). If the spread goes back, that is −$10 on $10k: about 2.4 days of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.029% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX DOGE-USD	0.1003	0.0100	pay 0.0013% / 1h	1m 16s	$2K	$5.3M	10x
Short	Arcus DOGE-USD	0.1002	0.0231	get 0.0029% / 1h	1m 16s	$27K	$300K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against SoDEX. 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 SoDEXbpFee ArcusbpOrdersPrice spread, now −0.080%Rate

Funding earned: $27.51
Price spread: −0.080% → +0.016%: −$9.61
Slippage, 4 orders: −$12.21
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$6.82
Costs to cover: 0.247%
Break-even: 8.7 days

Slippage from SoDEX: live order book, 3 min ago; Arcus: live order book, 43 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 SoDEX live order book, 3 min ago	0.50 bp	4.7 bp −$5	8.4 bp −$84	145.8 bp −$14.6K	doesn't fit
Sell Arcus live order book, 43 min ago	2.01 bp	7.6 bp −$8	24.0 bp −$240	doesn't fit	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
Kalshi KXDOGEPERP	0.0000%	8h	0.1003	+0.038%	$598K	$6.5M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1002	−0.062%	$34K	—	150x	as long as short
Kraken Futures PF_DOGEUSD	+0.0002%	1h	0.1003	+0.002%	$5.7M	$40.4M	50x	as long as short
dYdX DOGE-USD	+0.0023%	1h	0.1001	−0.114%	$225K	$69K	10x	as long as short
Polymarket Perps DOGE-USD	+0.0042%	1h	0.1001	−0.130%	$269K	$1.2M	10x	as long as short
Bitget DOGEUSDT	+0.0092%	8h	0.1001	−0.110%	$143.1M	$343.5M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1003	+0.080%	$856K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1002	−0.090%	$541K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1002	−0.021%	$4.6M	$58.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1002	−0.041%	$321K	$514K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1002	−0.012%	$330.0M	$1.70B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1002	−0.060%	$165.9M	$520.0M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1002	−0.030%	$118.2M	$1.20B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1001	−0.139%	$385K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1002	−0.090%	$249.4M	$155.7M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1002	−0.020%	$112.3M	$257.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1002	−0.020%	$66.6M	$50.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1002	−0.070%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1002	−0.020%	$315K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1002	−0.062%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1001	−0.190%	$315K	$140.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	−0.185%	$630K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1002	−0.050%	$150K	$346K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1003	+0.010%	$64K	$478K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1003	+0.003%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1002	−0.003%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USDlong	+0.0100%	1h	0.1003	long leg	$2K	$5.3M	10x
HTX DOGE-USDT	+0.0100%	8h	0.1003	+0.036%	$5.9M	$68.6M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1002	−0.010%	$92.1M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1001	−0.118%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1002	−0.031%	$487K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1003	+0.019%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0110%	8h	0.1002	−0.080%	$1K	$527K	10x	as long as short
Hyperliquid DOGE	+0.0117%	1h	0.1003	+0.040%	$124.2M	$116.3M	10x	as long as short
Reya DOGERUSDPERP	+0.0196%	1h	0.1002	−0.083%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.1002	−0.030%	$446	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1002	−0.020%	$16.1M	$27.1M	75x	as long as short
Arcus DOGE-USDshort	+0.0231%	1h	0.1002	−0.080%	$27K	$300K	10x
Phoenix DOGE	+0.0240%	1h	0.1001	−0.111%	$18K	$382K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0294%	1h	0.1002	−0.062%	$316K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1002	−0.010%	$2.0M	$34.5M	50x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0349%	1h	0.1003	+0.059%	$575K	$252K	25x	as long as short
RISEx DOGE/USDC	+0.0686%	1h	0.1002	−0.033%	$405K	$453K	10x	as long as short
Injective DOGE/USDC PERP	+0.1217%	1h	0.1053	+5.037%	$6K	$242K	12x	as long as short