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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against ApeX Omni−0.061%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.061%, 7d avg −0.014%
Together, before fees+0.073%+$7 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: Phemex is 0.046% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.098600.0100pay 0.0013% / 1h21m 08s$139K$347K25x
ShortPhemex DOGEUSDT0.098540.0100get 0.0100% / 8h6h 21m$89.9M$15.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.061% → −0.014%
−$4.65
Slippage, 4 orders
−$32.85
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$59.49
Costs to cover
0.548%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 29 min ago; Phemex: live order book, 6 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, 29 min ago5.07 bp15.3 bp −$1553.1 bp −$531doesn't fitdoesn't fit
Sell Phemex live order book, 6 min ago1.01 bp10.2 bp −$1018.3 bp −$18337.4 bp −$3,740doesn't fit

DOGE on 43 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0052%1h0.09852−0.078%$5.3M$40.3M50xas long as short
Bitget DOGEUSDT−0.0037%8h0.09847−0.132%$139.4M$346.5M75xas long as short
Gate DOGE_USDT−0.0003%8h0.09850−0.101%$252.9M$148.5M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09862+0.019%$493K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09852−0.080%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.795%$6K$240K12xas long as short
Bybit DOGEUSDT+0.0043%8h0.09849−0.112%$166.1M$513.6M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0065%1h0.09856−0.039%$552K$297K25xas long as short
Lighter DOGE+0.0096%1h0.09863+0.028%$815K$6.5M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.098600.000%$1K$542K10xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.098600.000%$506K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09862+0.020%$122.3M$111.4M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09855−0.053%$4.9M$58.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09866+0.060%$315K$475K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09854−0.061%$325.3M$1.66B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09854−0.061%$115.8M$1.14B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09866+0.061%$17K$307K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09868+0.083%$377K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09855−0.051%$111.2M$256.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09857−0.030%$65.4M$47.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09852−0.081%$49.0Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09853−0.071%$312K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09846−0.137%$1.2M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09857−0.029%$258K$133.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09856−0.040%$629K$4.0M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.09860long leg$139K$347K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09856−0.043%$246K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09855−0.051%$68K$423K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09865+0.049%$34K$2.0M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09854−0.061%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09859−0.006%$6.0M$66.3M75xas long as short
Phemex DOGEUSDTshort+0.0100%8h0.09854−0.061%$89.9M$15.7M50x
Paradex DOGE-USD-PERP+0.0100%8h0.09860+0.001%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09847−0.127%$482K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09854−0.063%$19K3xas long as short
Phoenix DOGE+0.0161%1h0.09864+0.038%$18K$355K10xas long as short
01 Exchange DOGEUSD+0.0176%1h0.09869+0.088%$454$4K10xas long as short
Reya DOGERUSDPERP+0.0205%1h0.09866+0.059%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0211% / S −0.0184%1h0.09853−0.075%$286K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09865+0.051%$15.4M$26.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09863+0.030%$2.2M$34.7M50xas long as short
dYdX DOGE-USD+0.0249%1h0.09864+0.036%$232K$69K10xas long as short
RISEx DOGE/USDC+0.0565%1h0.09867+0.076%$409K$451K10xas long as short