Dogecoin Futures Funding Rate
Track Dogecoin perpetual futures funding rate across Binance, Bybit, OKX, Deribit, Hyperliquid.
What is Funding Rate for Dogecoin?
The Dogecoin funding rate is the periodic payment between long and short holders of DOGE perpetual futures. It keeps the perpetual price close to the spot price, because perpetuals have no expiry date to converge on.
Venues settle funding on different schedules (anywhere from every hour to every 24 hours, depending on the exchange and market), so Sharpe annualizes each venue's DOGE rate from its own interval before comparing Binance, Bybit, OKX, Deribit, Hyperliquid.
How to read the Dogecoin Funding Rate chart
A positive Dogecoin funding rate means longs pay shorts, which happens when perpetuals trade above spot and demand for leveraged longs is high. A negative rate means shorts pay longs.
Persistently high positive funding points to crowded DOGE longs and makes holding them expensive; deeply negative funding points to crowded shorts and squeeze risk.
Gaps between venues are a carry opportunity: a trader can be long DOGE where funding is lowest and short where it is highest, collecting the difference while staying market-neutral.
Latest Dogecoin Funding Rate snapshot
| Exchange | Contract | Funding Rate | Interval | Annualized APR |
|---|---|---|---|---|
| Crypto.com | DOGEUSD-PERP | +0.0030% | 1h | +26.52% |
| Extended | DOGE-USD | +0.0013% | 1h | +11.39% |
| Pacifica | DOGE | +0.0013% | 1h | +10.95% |
| edgeX | DOGEUSDC | +0.0050% | 4h | +10.95% |
| Arcus | DOGE-USD | +0.0013% | 1h | +10.95% |
| ApeX | DOGE-USDT | +0.0013% | 1h | +10.95% |
| Aster | DOGEUSDT | +0.0100% | 8h | +10.95% |
| OKX | DOGE-USD-SWAP | +0.0100% | 8h | +10.95% |
| Binance | DOGEUSDT | +0.0100% | 8h | +10.95% |
| WhiteBIT | DOGE_PERP | +0.0100% | 8h | +10.95% |
| Bybit | DOGEUSD | +0.0100% | 8h | +10.95% |
| HTX | DOGE-USDT | +0.0100% | 8h | +10.95% |
| Bitunix | DOGEUSDC | +0.0100% | 8h | +10.95% |
| GRVT | DOGE_USDT_Perp | +0.0100% | 8h | +10.95% |
| BingX | DOGE-USDT | +0.0100% | 8h | +10.95% |
| Phemex | DOGEUSDT | +0.0100% | 8h | +10.95% |
| MEXC | DOGE_USDT | +0.0100% | 8h | +10.95% |
| LBank | DOGEUSDT | +0.0100% | 8h | +10.95% |
| KuCoin | DOGEUSDTM | +0.0100% | 8h | +10.95% |
| Variational | DOGE | +0.0100% | 8h | +10.95% |
| Antarctic | doge_usdt | +0.0099% | 8h | +10.84% |
| Bitget | DOGEUSDT | +0.0093% | 8h | +10.18% |
| Gate.io | DOGE_USDT | +0.0092% | 8h | +10.07% |
| Nado | DOGE-PERP | +0.0010% | 1h | +8.56% |
| Hyperliquid | DOGE-USD | +0.0004% | 1h | +3.71% |
| Deribit | DOGE_USDC-PERPETUAL | 0.0000% | 8h | 0.00% |
| Kalshi | KXDOGEPERP | 0.0000% | 8h | 0.00% |
| Backpack | DOGE_USDC_PERP | −0.0002% | 1h | −2.03% |
| Lighter | DOGE | −0.0017% | 1h | −14.89% |
| Kraken | PF_DOGEUSD | −0.0019% | 1h | −16.86% |
| Polymarket Perps | DOGE-USD | −0.0019% | 1h | −16.91% |
| Bitfinex | tDOGEF0:USTF0 | −0.0171% | 8h | −18.69% |
Data last updated
Dogecoin Funding Rate FAQ
Who pays the Dogecoin funding rate?
When the DOGE funding rate is positive, long holders pay short holders. When it is negative, shorts pay longs. Only traders holding a position at the funding timestamp pay or receive it.
Why is Dogecoin funding shown as an annualized rate?
A per-period rate is not comparable across venues that settle every hour and venues that settle every 8 or 24 hours. Annualizing each venue's DOGE rate from its own interval puts them on one scale.
Where can I compare Dogecoin funding rates exchange by exchange?
The Dogecoin funding rates page lists the current DOGE rate, interval and annualized APR on every tracked exchange, next to the history chart here.
Annualized funding rate by exchange