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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni+0.061%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$450.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.061%, 7d avg 0.000%
Together, before fees−0.142%+ Points / potential airdropLighter: Season 3 · farm board−$14 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: Lighter is 0.061% dearer against ApeX Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.10020.0100pay 0.0013% / 1h24m 55s$146K$287K25x
ShortLighter DOGE0.10030.0096get 0.0012% / 1h24m 55s$734K$6.3M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.061% → 0.000%
$6.1
Slippage, 4 orders
−$34.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$39.25
Costs to cover
0.445%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 32 min ago; Lighter: live order book, 3 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, 32 min ago5.05 bp10.0 bp −$1051.5 bp −$515doesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago2.00 bp6.3 bp −$611.8 bp −$11826.6 bp −$2,664doesn'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−0.0042%8h0.1001−0.090%$151.4M$276.4M75xas long as short
Kraken Futures PF_DOGEUSD−0.0031%1h0.1003+0.103%$5.7M$35.6M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1004+0.205%$396K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1003+0.078%$24K150xas long as short
dYdX DOGE-USD+0.0018%1h0.1003+0.145%$225K$49K10xas long as short
Lighter DOGEshort+0.0096%1h0.1003+0.061%$734K$6.3M15x
Katana Perps DOGE-USD+0.0097%8h0.1004+0.170%$907$454K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1004+0.195%$528K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1000−0.171%$4.7M$49.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1004+0.205%$326K$483K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1002−0.044%$323.4M$1.47B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1002−0.010%$163.4M$447.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002−0.010%$113.4M$1.02B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09916−1.041%$381K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1000−0.200%$246.5M$134.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002+0.010%$112.1M$235.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1002−0.040%$66.2M$43.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1002−0.030%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1000−0.190%$321K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1002−0.043%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002+0.022%$300K$130.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−0.053%$638K$4.4M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.1002long leg$146K$287K25x
Polymarket Perps DOGE-USD+0.0100%1h0.1004+0.210%$260K$860K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1003+0.110%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1003+0.091%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1004+0.152%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1003+0.110%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1002−0.044%$6.0M$58.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1002+0.010%$92.2M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1004+0.169%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1002−0.032%$498K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1003+0.119%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0109%1h0.1003+0.126%$600K$118K25xas long as short
Reya DOGERUSDPERP+0.0189%1h0.1004+0.161%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.1004+0.232%$535$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1002+0.030%$15.5M$25.4M75xas long as short
Phoenix DOGE+0.0242%1h0.1004+0.173%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0269%1h0.1003+0.079%$314K200xas long as short
Hyperliquid DOGE+0.0270%1h0.1001−0.100%$121.9M$101.2M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.1004+0.170%$2.3M$27.3M50xas long as short
Arcus DOGE-USD+0.0690%1h0.1005+0.309%$110K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.1005+0.266%$406K$414K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1007+0.499%$5K$239K12xas long as short