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+0.0042%/8h= +4.6% APRpaid last 24h −0.024%
Price spread now: Deribit against Aster−0.052%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.145%−$14 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.052%, 7d avg +0.014%
Together, before fees−0.234%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.066% cheaper against Aster than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.014%). If the spread goes back, that is −$7 on $10k: about 5.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.145%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOGEUSDT0.099580.0100pay 0.0100% / 8h5h 16m$4.7M$48.7M75x
ShortDeribit DOGE_USDC-PERPETUAL0.099530.0142get 0.0018% / 1h16m 52s$595K$118K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aster. 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
$8.82
Price spread: −0.052% → +0.014%
−$6.58
Slippage, 4 orders
−$13.21
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$25.97
Costs to cover
0.282%
Break-even
27.6 days
Slippage from Aster: live order book, 2 min ago; Deribit: live order book, 47 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 Aster live order book, 2 min ago1.00 bp5.0 bp −$55.5 bp −$5512.2 bp −$1,223doesn't fit
Sell Deribit live order book, 47 min ago5.00 bp9.7 bp −$1017.0 bp −$170doesn'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−0.0078%8h0.09950−0.084%$150.5M$273.9M75xas long as short
dYdX DOGE-USD0.0000%1h0.09935−0.234%$223K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09936−0.227%$441K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09947−0.119%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09961+0.026%$773K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09942−0.164%$994$443K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09938−0.205%$532K$996K10xas long as short
Aster DOGEUSDTlong+0.0100%8h0.09958long leg$4.7M$48.7M75x
Pacifica DOGE+0.0100%1h0.09939−0.192%$327K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09960+0.016%$318.8M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09956−0.024%$160.3M$441.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09961+0.026%$111.1M$987.7M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09940−0.184%$381K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09956−0.024%$243.8M$133.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09960+0.016%$111.6M$231.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09960+0.016%$65.9M$43.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09959+0.006%$76.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09960+0.016%$328K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09983+0.244%$989K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09969+0.106%$296K$128.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09969+0.104%$632K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.418%$146K$279K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09935−0.231%$252K$738K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09951−0.074%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09949−0.090%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09945−0.135%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09952−0.064%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09949−0.096%$6.0M$56.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09955−0.034%$91.6M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0102%8h0.09934−0.248%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09953−0.055%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09950−0.084%$19K3xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0142%1h0.09953−0.052%$595K$118K25x
Reya DOGERUSDPERP+0.0187%1h0.09941−0.178%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09944−0.143%$530$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09952−0.064%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09951−0.074%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09948−0.108%$311K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09956−0.024%$2.3M$26.3M50xas long as short
Kraken Futures PF_DOGEUSD+0.0307%1h0.09951−0.076%$5.7M$35.3M50xas long as short
Hyperliquid DOGE+0.0529%1h0.09972+0.134%$121.8M$99.6M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09947−0.111%$399K$366K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09952−0.064%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1001+0.519%$5K$239K12xas long as short