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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.005%
Price spread now: 01 Exchange against Backpack−0.140%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.140% cheaper against Backpack than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack DOGE_USDC_PERP0.099910.0100pay 0.0013% / 1h56m 29s$526K$804K15x
Short01 Exchange DOGEUSD0.099770.0064get 0.0008% / 1h56m 29s$527$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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
−$7.56
Price spread: −0.140% → 0.000%
−$14.01
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$38.57
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 32 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 32 min ago0.50 bp6.7 bp −$7454.2 bp −$4,542doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0273%8h0.09970−0.210%$153.2M$259.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09982−0.089%$338K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09984−0.070%$624K$89K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09979−0.116%$33K150xas long as short
01 Exchange DOGEUSDshort+0.0064%1h0.09977−0.140%$527$4K10x
Gate DOGE_USDT+0.0069%8h0.09981−0.100%$237.4M$117.6M75xas long as short
Phoenix DOGE+0.0081%1h0.09994+0.033%$17K$225K10xas long as short
Katana Perps DOGE-USD+0.0094%8h0.09978−0.130%$1K$328K10xas long as short
Lighter DOGE+0.0096%1h0.1000+0.120%$813K$5.0M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09975−0.160%$712K$651K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09996+0.046%$4.9M$40.2M75xas long as short
Pacifica DOGE+0.0100%1h0.10000+0.086%$343K$524K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09977−0.143%$320.1M$1.25B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09978−0.130%$156.4M$394.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09981−0.100%$108.4M$888.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09982−0.090%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.290%$384K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09982−0.090%$113.5M$201.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09973−0.180%$65.7M$38.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09987−0.040%$3.4Mas long as short
Backpack DOGE_USDC_PERPlong+0.0100%1h0.09991long leg$526K$804K15x
Variational Omni DOGE+0.0100%8h0.1004+0.467%$1.1M$7.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002+0.266%$266K$109.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1002+0.251%$631K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.190%$143K$221K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09977−0.136%$278K$550K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09982−0.090%$73K$359K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09982−0.086%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09983−0.078%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09982−0.090%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09989−0.022%$6.0M$45.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09985−0.060%$92.7M$18.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09987−0.037%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09978−0.126%$542K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09983−0.079%$19K3xas long as short
dYdX DOGE-USD+0.0165%1h0.09996+0.048%$224K$44K10xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09981−0.105%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09983−0.080%$15.4M$23.9M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09982−0.090%$2.0M$22.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0212%1h0.09978−0.127%$337K200xas long as short
Kraken Futures PF_DOGEUSD+0.0286%1h0.09987−0.044%$6.9M$30.4M50xas long as short
RISEx DOGE/USDC+0.0536%1h0.09983−0.080%$314K$479K10xas long as short
Hyperliquid DOGE+0.0709%1h0.09996+0.046%$115.8M$74.2M10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.1001+0.190%$5K$153K12xas long as short