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−0.0681%/8h= −74.5% APRnext payment $0.85 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Arcus+0.321%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$440.441% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.321%, 7d avg +0.030%
Together, before fees−0.098%−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.291% dearer against Arcus than usual: you sell high and buy low (spread +0.321% now, against its 7-day average of +0.030%): +$29 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 4 days (0.000% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus DOGE-USD0.099780.0781pay 0.0098% / 1h38m 56s$128K$179K10x
ShortApeX Omni DOGEUSDT0.10010.0100get 0.0013% / 1h38m 56s$146K$277K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. 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
−$142.91
Price spread: +0.321% → +0.030%
$29.08
Slippage, 4 orders
−$29.64
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$157.98
Costs to cover
0.441%
Break-even
never at this rate
Slippage from Arcus: live order book, 20 min ago; ApeX Omni: live order book, 23 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 Arcus live order book, 20 min ago3.00 bp6.3 bp −$613.7 bp −$137doesn't fitdoesn't fit
Sell ApeX Omni live order book, 23 min ago5.00 bp19.8 bp −$2054.2 bp −$542doesn'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%8h0.09950−0.281%$150.7M$273.7M75xas long as short
dYdX DOGE-USD0.0000%1h0.09965−0.130%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09973−0.054%$443K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09953−0.254%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0021%1h0.09953−0.249%$595K$118K25xas long as short
Lighter DOGE+0.0096%1h0.09959−0.191%$802K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09963−0.150%$900$436K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09966−0.120%$531K$991K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09961−0.169%$4.7M$48.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09973−0.048%$328K$483K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09963−0.151%$319.3M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09975−0.030%$160.5M$440.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09979+0.010%$111.3M$987.3M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09995+0.168%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09955−0.231%$242.8M$132.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09962−0.160%$112.7M$230.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09957−0.210%$65.9M$43.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09966−0.120%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09954−0.241%$328K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09971−0.075%$997K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09974−0.041%$297K$129.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.316%$629K$4.4M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.1001+0.321%$146K$277K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09960−0.180%$255K$731K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09953−0.251%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09951−0.266%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09955−0.233%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09952−0.261%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09951−0.270%$5.9M$56.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09955−0.231%$91.7M$16.7M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.09968−0.102%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09956−0.223%$541K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09953−0.251%$19K3xas long as short
Reya DOGERUSDPERP+0.0186%1h0.09962−0.159%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09970−0.079%$531$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09951−0.271%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09990+0.117%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.09952−0.257%$310K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09963−0.150%$2.3M$26.0M50xas long as short
Kraken Futures PF_DOGEUSD+0.0307%1h0.09950−0.282%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0440%1h0.09968−0.098%$121.7M$99.5M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09972−0.060%$401K$368K10xas long as short
Arcus DOGE-USDlong+0.0781%1h0.09978long leg$128K$179K10x
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.421%$5K$239K12xas long as short