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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against ApeX Omni−0.070%46s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.070%, 7d avg −0.035%
Together, before fees+0.030%+$3 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: SoDEX is 0.035% cheaper against ApeX Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.099600.0100pay 0.0013% / 1h21m 33s$145K$269K25x
ShortSoDEX DOGE-USD0.099530.0100get 0.0013% / 1h21m 33s$2K$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.070% → −0.035%
−$3.54
Slippage, 4 orders
−$26.56
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$48.1
Costs to cover
0.446%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 45 min ago; SoDEX: 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, 45 min ago4.96 bp24.2 bp −$2467.0 bp −$670doesn't fitdoesn't fit
Sell SoDEX live order book, 3 min ago0.50 bp4.6 bp −$58.1 bp −$81149.7 bp −$15.0Kdoesn't fit

DOGE on 43 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−0.0109%8h0.09936−0.241%$150.6M$273.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09971+0.109%$391K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09956−0.045%$23K150xas long as short
dYdX DOGE-USD+0.0015%1h0.09944−0.165%$223K$49K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09951−0.093%$5.8M$34.2M50xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0091%1h0.09962+0.016%$595K$118K25xas long as short
Lighter DOGE+0.0096%1h0.09955−0.054%$823K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09947−0.131%$831$428K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09949−0.110%$529K$989K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09946−0.137%$4.6M$48.2M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09951−0.089%$327K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09949−0.114%$315.5M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09949−0.110%$157.5M$441.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09950−0.100%$110.2M$978.8M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09956−0.040%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09984+0.239%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09939−0.211%$241.0M$132.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09944−0.161%$110.7M$229.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09949−0.110%$65.8M$43.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09945−0.151%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09954−0.060%$340K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09990+0.300%$985K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09956−0.044%$281K$128.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09957−0.030%$636K$4.5M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.09960long leg$145K$269K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09963+0.033%$256K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.099600.000%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09959−0.012%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09981+0.208%$35K$2.2M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09953−0.070%$2K$3.7M10x
HTX DOGE-USDT+0.0100%8h0.09955−0.047%$5.9M$55.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09954−0.060%$91.7M$17.0M50xas long as short
Extended DOGE-USD+0.0104%1h0.09939−0.212%$558K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09959−0.013%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0110%8h0.09943−0.174%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09966+0.063%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09950−0.104%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09963+0.030%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0241%1h0.09998+0.383%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09956−0.037%$310K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09950−0.100%$400K$367K10xas long as short
Hyperliquid DOGE+0.0706%1h0.09957−0.027%$121.7M$97.6M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09980+0.201%$5K$239K12xas long as short