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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster+0.047%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.047%, 7d avg +0.042%
Together, before fees+0.011%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOGEUSDT0.099960.0100pay 0.0100% / 8h29m 33s$4.9M$45.6M75x
ShortLighter DOGE0.10000.0096get 0.0012% / 1h29m 33s$791K$5.5M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.047% → +0.042%
$0.51
Slippage, 4 orders
−$14.61
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$22.94
Costs to cover
0.226%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; Lighter: live order book, 4 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, 5 min ago1.00 bp5.0 bp −$55.4 bp −$5411.6 bp −$1,162doesn't fit
Sell Lighter live order book, 4 min ago0.95 bp5.3 bp −$59.3 bp −$9327.2 bp −$2,718doesn'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−0.0239%8h0.09990−0.060%$152.2M$268.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001+0.120%$414K$4.7M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1000+0.074%$23K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0040%1h0.1001+0.097%$602K$117K25xas long as short
dYdX DOGE-USD+0.0053%1h0.09998+0.017%$224K$44K10xas long as short
Gate DOGE_USDT+0.0079%8h0.09993−0.030%$240.9M$127.1M75xas long as short
Lighter DOGEshort+0.0096%1h0.1000+0.047%$791K$5.5M15x
Katana Perps DOGE-USD+0.0097%8h0.09991−0.050%$2K$390K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09994−0.020%$515K$974K10xas long as short
Aster DOGEUSDTlong+0.0100%8h0.09996long leg$4.9M$45.6M75x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1000+0.050%$333K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09995−0.009%$318.0M$1.36B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.099960.000%$157.4M$430.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1000+0.050%$108.8M$946.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1000+0.060%$31K$80K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1001+0.115%$383K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.099960.000%$111.1M$220.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09999+0.030%$65.7M$41.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.099960.000%$75.6Mas long as short
Variational Omni DOGE+0.0100%8h0.1001+0.154%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1003+0.337%$275K$118.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.181%$636K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1003+0.340%$147K$250K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09994−0.024%$257K$557K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1000+0.060%$73K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1000+0.068%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1001+0.129%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1000+0.070%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1000+0.052%$6.0M$51.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001+0.090%$92.5M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09995−0.009%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09995−0.008%$527K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1000+0.075%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0105%1h0.1000+0.057%$5.9M$33.3M50xas long as short
Reya DOGERUSDPERP+0.0179%1h0.09998+0.017%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001+0.120%$15.4M$25.3M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09998+0.023%$528$4K10xas long as short
Phoenix DOGE+0.0239%1h0.1004+0.392%$67K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1001+0.120%$2.0M$24.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0273%1h0.1000+0.072%$315K200xas long as short
Backpack DOGE_USDC_PERP+0.0365%1h0.1001+0.120%$535K$965K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.1000+0.060%$313K$474K10xas long as short
Hyperliquid DOGE+0.0894%1h0.1001+0.170%$117.5M$89.1M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.1005+0.540%$5K$239K12xas long as short