Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: Extended against Aster+0.043%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.043%, 7d avg −0.050%

Together, before fees−0.087%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$9 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: Extended is 0.094% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DOGEUSDT	0.1007	0.0100	pay 0.0100% / 8h	1h 54m	$5.0M	$41.2M	75x
Short	Extended DOGE-USD	0.1008	0.0104	get 0.0013% / 1h	54m 32s	$551K	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0.84
Price spread: +0.043% → −0.050%: $9.36
Slippage, 4 orders: −$9.11
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$11.91
Costs to cover: 0.221%
Break-even: 106.3 days

Slippage from Aster: live order book, 5 min ago; Extended: live order book, 4 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, 5 min ago	1.50 bp	5.5 bp −$5	6.0 bp −$60	12.8 bp −$1,275	doesn't fit
Sell Extended live order book, 4 min ago	0.50 bp	6.4 bp −$6	6.9 bp −$69	14.0 bp −$1,399	doesn't fit

DOGE on 44 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	−0.0273%	8h	0.1007	−0.030%	$154.1M	$261.9M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1005	−0.241%	$378K	$4.4M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1007	+0.017%	$630K	$106K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1007	−0.029%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0026%	1h	0.1007	−0.034%	$226K	$44K	10x	as long as short
Phoenix DOGE	+0.0080%	1h	0.1004	−0.339%	$15K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0083%	8h	0.1007	+0.010%	$242.6M	$120.6M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1008	+0.045%	$770K	$5.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.1007	+0.020%	$1K	$353K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1007	+0.035%	$683K	$743K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDTlong	+0.0100%	8h	0.1007	long leg	$5.0M	$41.2M	75x
Pacifica DOGE	+0.0100%	1h	0.1007	−0.020%	$338K	$498K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1007	−0.041%	$318.6M	$1.28B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1007	−0.060%	$162.1M	$403.2M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1007	−0.020%	$110.2M	$911.4M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1008	+0.109%	$28K	$76K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1008	+0.040%	$111.6M	$213.7M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1007	+0.020%	$66.0M	$39.4M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1006	−0.079%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1003	−0.421%	$947K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09957	−1.131%	$264K	$112.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	−0.566%	$630K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1001	−0.606%	$145K	$235K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1007	−0.010%	$273K	$534K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1007	−0.010%	$72K	$417K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1007	−0.043%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1007	+0.032%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1007	−0.020%	$2K	$3.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1007	+0.009%	$6.0M	$48.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1007	−0.040%	$93.3M	$19.0M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09939	−1.309%	$381K	$14K	10x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1007	+0.030%	$18K	$5K	30x	as long as short
Extended DOGE-USDshort	+0.0104%	1h	0.1008	+0.043%	$551K	$3.6M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.1007	+0.005%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0160%	1h	0.1008	+0.042%	$532	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0175%	1h	0.1007	+0.007%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1008	+0.040%	$2.0M	$23.0M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1007	+0.020%	$15.2M	$24.3M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0245% / S −0.0266%	1h	0.1007	−0.017%	$312K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0362%	1h	0.1007	−0.001%	$6.0M	$31.9M	50x	as long as short
Hyperliquid DOGE	+0.0411%	1h	0.1007	−0.060%	$110.4M	$80.4M	10x	as long as short
Backpack DOGE_USDC_PERP	+0.0418%	1h	0.1008	+0.050%	$531K	$936K	15x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1008	+0.099%	$316K	$474K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1007	−0.010%	$5K	$207K	12x	as long as short