Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: Backpack against SoDEX−0.060%7-day average −0.002% · 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−$27as in the Price arb table
costs, in and out, $10k−$210.211% of the position
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.060%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.058% cheaper against SoDEX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX DOGE-USD | 0.09938 | 0.0100 | pay 0.0013% / 1h | 8m 31s | $2K | $3.9M | 10x |
| Short | Backpack DOGE_USDC_PERP | 0.09932 | 0.0100 | get 0.0013% / 1h | 8m 31s | $326K | $1.1M | 15x |
SoDEX DOGE-USD
Backpack DOGE_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against SoDEX. 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
- $0
- Price spread: −0.060% → −0.002%
- −$5.8
- Slippage, 4 orders
- −$3.08
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$26.88
- Costs to cover
- 0.211%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 1 min ago; Backpack: live order book, just now.
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, 1 min ago | 0.50 bp | 4.5 bp −$5 | 7.9 bp −$79 | 141.5 bp −$14.1K | doesn't fit |
| Sell Backpack live order book, just now | 0.50 bp | 6.2 bp −$6 | 261.2 bp −$2,612 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0073% | 8h | 0.09927 | −0.111% | $150.2M | $274.1M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09938 | −0.004% | $223K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09933 | −0.054% | $429K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09939 | +0.015% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0042% | 1h | 0.09941 | +0.032% | $594K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09946 | +0.076% | $770K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09932 | −0.060% | $897 | $444K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09935 | −0.035% | $533K | $997K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09930 | −0.082% | $4.7M | $48.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09938 | 0.000% | $327K | $484K | 20x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09931 | −0.070% | $317.7M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09926 | −0.121% | $159.8M | $441.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09927 | −0.111% | $110.8M | $985.8M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09966 | +0.281% | $382K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09931 | −0.070% | $242.8M | $133.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09934 | −0.040% | $111.5M | $231.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09936 | −0.020% | $65.8M | $43.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09933 | −0.050% | — | $76.3M | — | as long as short |
| Backpack DOGE_USDC_PERPshort | +0.0100% | 1h | 0.09932 | −0.060% | $326K | $1.1M | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09931 | −0.075% | $982K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09932 | −0.063% | $294K | $128.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09939 | +0.009% | $627K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09940 | +0.020% | $145K | $281K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09936 | −0.020% | $251K | $742K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09939 | +0.010% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09938 | +0.002% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09945 | +0.065% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USDlong | +0.0100% | 1h | 0.09938 | long leg | $2K | $3.9M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09940 | +0.024% | $6.0M | $56.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09936 | −0.020% | $91.4M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0102% | 8h | 0.09938 | −0.002% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09933 | −0.052% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09938 | −0.001% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09938 | +0.004% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09935 | −0.025% | $530 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09939 | +0.010% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09962 | +0.246% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09941 | +0.026% | $311K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09951 | +0.131% | $2.3M | $26.5M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0308% | 1h | 0.09935 | −0.034% | $5.7M | $35.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0513% | 1h | 0.09939 | +0.009% | $121.1M | $99.4M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09937 | −0.006% | $401K | $389K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09945 | +0.070% | $118K | $189K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.09960 | +0.221% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP