Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: OKX against Aevo+0.015%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DOGE-PERP	0.09995	0.0104	pay 0.0013% / 1h	26m 24s	$19K	—	3x
Short	OKX DOGE-USDT-SWAP	0.09996	0.0100	get 0.0100% / 8h	6h 26m	$110.2M	$983.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aevo. 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 AevobpFee OKXbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$0.84
Price spread: +0.015% → 0.000%: $1.5
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.34
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; OKX: live order book, 3 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell OKX live order book, 3 min ago	0.50 bp	6.4 bp −$6	9.5 bp −$95	18.6 bp −$1,857	47.8 bp −$23.9K

Aevo: 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 43 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	−0.0114%	8h	0.09986	−0.085%	$151.2M	$273.1M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09982	−0.121%	$391K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09990	−0.041%	$23K	—	150x	as long as short
dYdX DOGE-USD	+0.0017%	1h	0.09977	−0.177%	$224K	$49K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0066%	1h	0.09975	−0.196%	$5.8M	$34.1M	50x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0071%	1h	0.09987	−0.078%	$597K	$118K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09990	−0.047%	$795K	$6.0M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09992	−0.025%	$835	$428K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09991	−0.035%	$529K	$989K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09992	−0.022%	$4.6M	$48.3M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.09986	−0.080%	$328K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09994	−0.005%	$316.5M	$1.43B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09994	−0.005%	$158.4M	$442.0M	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.09996	+0.015%	$110.2M	$983.0M	50x
Arcus DOGE-USD	+0.0100%	1h	0.1001	+0.105%	$129K	$178K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09984	−0.107%	$383K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09992	−0.025%	$242.3M	$132.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09995	+0.005%	$110.9M	$229.5M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09995	+0.005%	$66.1M	$43.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09988	−0.065%	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09980	−0.145%	$345K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09990	−0.047%	$985K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09941	−0.533%	$273K	$128.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09936	−0.585%	$631K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09950	−0.445%	$145K	$270K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09989	−0.051%	$257K	$642K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09994	−0.005%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09993	−0.015%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09990	−0.047%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09978	−0.165%	$2K	$3.7M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09983	−0.113%	$5.9M	$54.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09975	−0.195%	$91.9M	$17.1M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09992	−0.026%	$584K	$4.0M	50x	as long as short
Aevo DOGE-PERPlong	+0.0104%	1h	0.09995	long leg	$19K	—	3x
Paradex DOGE-USD-PERP	+0.0111%	8h	0.09990	−0.042%	$18K	$6K	30x	as long as short
Reya DOGERUSDPERP	+0.0184%	1h	0.09995	+0.003%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0200%	1h	0.09999	+0.045%	$533	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09981	−0.135%	$2.0M	$25.1M	50x	as long as short
Phoenix DOGE	+0.0241%	1h	0.09925	−0.697%	$64K	$284K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0245% / S −0.0267%	1h	0.09990	−0.049%	$311K	—	200x	as long as short
RISEx DOGE/USDC	+0.0563%	1h	0.09999	+0.042%	$402K	$367K	10x	as long as short
Hyperliquid DOGE	+0.0719%	1h	0.1001	+0.125%	$122.1M	$97.8M	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.09980	−0.145%	$5K	$239K	12x	as long as short