Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.003%

Price spread now: dYdX against Aster+0.005%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1131.129% of the position

Long on Aster Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.005%, 7d avg −0.008%

Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DOGEUSDT	0.1002	0.0100	pay 0.0100% / 8h	6h 06m	$4.7M	$48.1M	75x
Short	dYdX DOGE-USD	0.1002	0.0011	get 0.0001% / 1h	6m 07s	$225K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee AsterbpFee dYdXbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$18.78
Price spread: +0.005% → −0.008%: $1.36
Slippage, 4 orders: −$94.86
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$130.28
Costs to cover: 1.129%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; dYdX: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 3 min ago	1.00 bp	5.0 bp −$5	5.5 bp −$55	13.2 bp −$1,319	doesn't fit
Sell dYdX live order book, 63 min ago	45.97 bp	51.0 bp −$51	74.2 bp −$742	92.2 bp −$9,221	98.3 bp −$49.1K

DOGE on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDT	−0.0096%	8h	0.1000	−0.176%	$151.6M	$273.0M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1002	+0.016%	$391K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1002	−0.030%	$23K	—	150x	as long as short
dYdX DOGE-USDshort	+0.0011%	1h	0.1002	+0.005%	$225K	$49K	10x
Deribit DOGE_USDC-PERPETUAL	+0.0030%	1h	0.1002	+0.007%	$599K	$118K	25x	as long as short
Kraken Futures PF_DOGEUSD	+0.0066%	1h	0.1002	−0.014%	$5.8M	$34.5M	50x	as long as short
Lighter DOGE	+0.0096%	1h	0.1003	+0.083%	$827K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.1002	−0.007%	$837	$428K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1003	+0.078%	$536K	$987K	10x	as long as short
Aster DOGEUSDTlong	+0.0100%	8h	0.1002	long leg	$4.7M	$48.1M	75x

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.1003	+0.073%	$330K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1001	−0.047%	$318.3M	$1.43B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1001	−0.047%	$159.3M	$437.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1001	−0.047%	$111.2M	$985.2M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1004	+0.193%	$129K	$178K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09945	−0.739%	$381K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1001	−0.096%	$243.1M	$133.3M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1002	+0.013%	$113.5M	$231.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1002	+0.003%	$66.3M	$43.1M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1002	−0.027%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1001	−0.067%	$345K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1002	−0.029%	$999K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09948	−0.706%	$281K	$128.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09943	−0.758%	$631K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09940	−0.785%	$145K	$271K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1002	+0.033%	$258K	$644K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1002	+0.033%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1002	+0.015%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1003	+0.142%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1002	−0.007%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1002	+0.056%	$5.9M	$55.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1002	−0.017%	$92.3M	$16.8M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1002	−0.026%	$561K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1002	+0.001%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0107%	8h	0.1002	−0.031%	$18K	$6K	30x	as long as short
Reya DOGERUSDPERP	+0.0185%	1h	0.1003	+0.085%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.1003	+0.126%	$535	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1003	+0.063%	$2.1M	$25.5M	50x	as long as short
Phoenix DOGE	+0.0241%	1h	0.09990	−0.285%	$65K	$284K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0267%	1h	0.1001	−0.038%	$312K	—	200x	as long as short
RISEx DOGE/USDC	+0.0563%	1h	0.1003	+0.123%	$404K	$367K	10x	as long as short
Hyperliquid DOGE	+0.0693%	1h	0.1002	+0.013%	$122.4M	$98.6M	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1000	−0.186%	$5K	$239K	12x	as long as short