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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0866%/8h= +94.8% APRnext payment +$1.08 per $10,000 · paid last 24h +0.201%
Price spread now: Injective against ApeX Omni+0.299%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs+$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1121.120% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.478%+$148 on $10k
Price spread, last 3 days (all we have)−0.375%−$37 · spread now +0.299%, 7d avg +0.161%
Together, before fees+1.104%+$110 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Injective is 0.138% dearer against ApeX Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.10030.0100pay 0.0013% / 1h10m 44s$147K$245K25x
ShortInjective DOGE/USDC PERP0.10060.0966get 0.0121% / 1h10m 44s$5K$239K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$181.85
Price spread: +0.299% → +0.161%
$13.81
Slippage, 4 orders
−$102
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$83.64
Costs to cover
1.120%
Break-even
3.8 days
Slippage from ApeX Omni: live order book, 6 min ago; Injective: live order book, 8 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, 6 min ago4.98 bp22.9 bp −$2362.9 bp −$629doesn't fitdoesn't fit
Sell Injective live order book, 8 min ago34.84 bp34.9 bp −$35doesn'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−0.0259%8h0.1001−0.169%$152.9M$266.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1005+0.168%$415K$4.7M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1002−0.065%$607K$109K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1002−0.079%$32K150xas long as short
dYdX DOGE-USD+0.0034%1h0.1004+0.065%$225K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1006+0.251%$66K$222K10xas long as short
Lighter DOGE+0.0096%1h0.1002−0.067%$789K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1003−0.030%$1K$371K10xas long as short
Gate DOGE_USDT+0.0097%8h0.1002−0.110%$241.4M$125.0M75xas long as short
Nado DOGE-PERP+0.0100%1h0.1003−0.025%$571K$863K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1003−0.045%$4.9M$44.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1004+0.080%$335K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1003−0.050%$318.7M$1.33B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1002−0.130%$158.7M$421.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002−0.100%$109.0M$931.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1003+0.010%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1006+0.322%$386K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1003−0.050%$111.6M$217.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1002−0.100%$66.0M$41.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1003−0.050%$74.7Mas long as short
Variational Omni DOGE+0.0100%8h0.1004+0.122%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1004+0.066%$275K$116.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1003+0.040%$633K$4.5M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.1003long leg$147K$245K25x
Polymarket Perps DOGE-USD+0.0100%1h0.1002−0.090%$267K$542K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1002−0.070%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1002−0.076%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1003−0.022%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1002−0.090%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1004+0.078%$6.0M$50.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1002−0.090%$92.8M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1004+0.064%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1002−0.065%$554K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1002−0.053%$19K3xas long as short
Reya DOGERUSDPERP+0.0177%1h0.1002−0.079%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1003+0.008%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1003−0.010%$2.0M$23.7M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1003−0.050%$15.3M$25.0M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0248% / S −0.0216%1h0.1002−0.082%$350K200xas long as short
Kraken Futures PF_DOGEUSD+0.0364%1h0.1002−0.083%$5.9M$32.8M50xas long as short
Backpack DOGE_USDC_PERP+0.0406%1h0.1003−0.050%$535K$956K15xas long as short
Hyperliquid DOGE+0.0493%1h0.1003+0.050%$114.5M$85.0M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1003+0.020%$314K$476K10xas long as short
Injective DOGE/USDC PERPshort+0.0966%1h0.1006+0.299%$5K$239K12x