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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.024%
Price spread now: Deribit against ApeX Omni−0.614%74s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 4 days (all we have)+0.559%+$56 · spread now −0.614%, 7d avg −0.026%
Together, before fees+0.358%+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.588% cheaper against ApeX Omni than usual: you would sell low and buy high (−$59 if the spread goes back to its 7-day average of −0.026%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.10010.0100pay 0.0013% / 1h38m 14s$146K$277K25x
ShortDeribit DOGE_USDC-PERPETUAL0.099490get 0.0000% / 1h38m 14s$594K$118K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: −0.614% → −0.026%
−$58.83
Slippage, 4 orders
−$31.03
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$127.87
Costs to cover
0.480%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 24 min ago; Deribit: live order book, 26 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, 24 min ago5.00 bp10.0 bp −$1055.4 bp −$554doesn't fitdoesn't fit
Sell Deribit live order book, 26 min ago5.00 bp9.7 bp −$1017.0 bp −$170doesn'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−0.0093%8h0.09935−0.749%$150.5M$273.8M75xas long as short
dYdX DOGE-USD0.0000%1h0.09967−0.434%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09962−0.482%$443K$5.1M2.8xas long as short
Deribit DOGE_USDC-PERPETUALshort0.0000%1h0.09949−0.614%$594K$118K25x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09950−0.595%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09953−0.574%$800K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09965−0.450%$900$436K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09957−0.529%$531K$991K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09953−0.571%$4.7M$48.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09974−0.357%$328K$483K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09944−0.656%$318.7M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09941−0.689%$160.1M$440.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09945−0.649%$111.2M$984.3M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09995−0.152%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09950−0.599%$242.6M$132.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09946−0.639%$112.5M$230.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09948−0.619%$65.8M$43.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09943−0.669%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09941−0.689%$327K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09971−0.394%$997K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09974−0.361%$297K$129.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−0.005%$629K$4.4M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.1001long leg$146K$277K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09951−0.588%$255K$731K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09951−0.589%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09947−0.627%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09958−0.521%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09947−0.629%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09946−0.635%$5.9M$56.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09946−0.639%$91.6M$16.7M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.09971−0.393%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09949−0.612%$538K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09948−0.620%$19K3xas long as short
Reya DOGERUSDPERP+0.0186%1h0.09952−0.578%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09973−0.370%$532$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09951−0.589%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09990−0.203%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.09951−0.587%$310K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09960−0.500%$2.3M$26.0M50xas long as short
Kraken Futures PF_DOGEUSD+0.0308%1h0.09943−0.665%$5.7M$35.0M50xas long as short
Hyperliquid DOGE+0.0434%1h0.09970−0.405%$121.7M$99.5M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09973−0.370%$402K$368K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09981−0.290%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.100%$5K$239K12xas long as short