Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: Backpack against ApeX Omni−0.020%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 3 days (all we have)−0.131%−$13 · spread now −0.020%, 7d avg −0.040%
Together, before fees−0.122%−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.020% dearer against ApeX Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.10040.0100pay 0.0013% / 1h18m 35s$148K$268K25x
ShortBackpack DOGE_USDC_PERP0.10040.0100get 0.0013% / 1h18m 35s$363K$1.1M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against ApeX Omni. 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

Funding earned
$0
Price spread: −0.020% → −0.040%
$2.04
Slippage, 4 orders
−$24.6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$42.57
Costs to cover
0.446%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 53 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 53 min ago5.05 bp19.2 bp −$1956.1 bp −$561doesn't fitdoesn't fit
Sell Backpack live order book, just now1.00 bp9.3 bp −$9doesn't fitdoesn't fitdoesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0174%8h0.1004−0.030%$152.7M$271.3M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1003−0.071%$6.0M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1006+0.212%$418K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1006+0.179%$605K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1007+0.276%$24K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1002−0.211%$225K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1004−0.026%$784K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1003−0.050%$1K$418K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1004−0.010%$515K$972K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1003−0.060%$5.0M$46.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1003−0.108%$334K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1003−0.070%$319.2M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1004+0.010%$159.5M$438.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1004+0.050%$110.8M$969.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1004−0.030%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.081%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1003−0.129%$243.9M$130.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1003−0.050%$112.6M$225.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1003−0.070%$65.8M$42.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1003−0.110%$76.1Mas long as short
Backpack DOGE_USDC_PERPshort+0.0100%1h0.1004−0.020%$363K$1.1M15x
Variational Omni DOGE+0.0100%8h0.1004+0.048%$989K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1005+0.107%$266K$124.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1005+0.081%$630K$4.5M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.1004long leg$148K$268K25x
Polymarket Perps DOGE-USD+0.0100%1h0.1004+0.040%$267K$635K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1006+0.199%$73K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006+0.179%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1004−0.033%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1003−0.050%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1003−0.086%$6.0M$52.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1003−0.080%$92.6M$17.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1003−0.131%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1003−0.061%$529K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006+0.177%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1004−0.024%$530$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1005+0.063%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1003−0.080%$15.5M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1005+0.139%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0240%1h0.1008+0.441%$65K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0272%1h0.1007+0.298%$316K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1004−0.042%$325K$404K10xas long as short
Hyperliquid DOGE+0.0805%1h0.1006+0.209%$122.5M$95.3M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1007+0.299%$5K$239K12xas long as short