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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against ApeX Omni−0.059%103s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.059%, 7d avg −0.012%
Together, before fees+0.206%+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.047% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of −0.012%). If the spread goes back, that is −$5 on $10k: about 32 hours of funding at the current rate (+$4 a day). The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.10100.0100pay 0.0013% / 1h9m 36s$148K$268K25x
ShortBloFin DOGE-USDT0.10090.0220get 0.0220% / 8h7h 09m$15.4M$25.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.059% → −0.012%
−$4.73
Slippage, 4 orders
−$22.34
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.87
Costs to cover
0.443%
Break-even
13.6 days
Slippage from ApeX Omni: live order book, 62 min ago; BloFin: live order book, 4 min ago.

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, 62 min ago5.05 bp19.2 bp −$1956.1 bp −$561doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.49 bp6.5 bp −$67.2 bp −$7218.2 bp −$1,82337.2 bp −$18.6K

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−0.0166%8h0.1011+0.119%$153.5M$271.5M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1009−0.118%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1012+0.216%$417K$4.9M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1010+0.022%$608K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1011+0.106%$23K150xas long as short
dYdX DOGE-USD+0.0011%1h0.1011+0.068%$227K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1012+0.202%$799K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1011+0.129%$2K$421K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1012+0.178%$519K$972K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1011+0.092%$5.1M$46.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1011+0.125%$337K$512K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1011+0.137%$321.7M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1012+0.158%$161.2M$439.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1012+0.168%$111.8M$976.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1012+0.198%$28K$74K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.674%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1011+0.139%$246.0M$131.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1012+0.198%$113.8M$226.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1011+0.089%$66.3M$42.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1012+0.158%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1010+0.020%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1009−0.111%$996K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1009−0.055%$270K$124.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1012+0.168%$644K$4.5M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.1010long leg$148K$268K25x
Polymarket Perps DOGE-USD+0.0100%1h0.1011+0.099%$268K$633K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1010+0.010%$74K$426K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1010−0.004%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1012+0.163%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1009−0.109%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1009−0.057%$6.0M$52.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1009−0.050%$93.2M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1011+0.146%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1012+0.195%$534K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1010−0.023%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1011+0.133%$534$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1011+0.127%$2K20xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.1009−0.059%$15.4M$25.7M75x
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1009−0.089%$2.0M$25.2M50xas long as short
Phoenix DOGE+0.0240%1h0.1010+0.013%$66K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0271%1h0.1011+0.101%$318K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1012+0.198%$327K$404K10xas long as short
Hyperliquid DOGE+0.0775%1h0.1012+0.218%$123.5M$95.5M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1013+0.297%$5K$239K12xas long as short