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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0251%/8h= −27.5% APRnext payment $2.51 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against Binance−0.121%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.099%+$10 · spread now −0.121%, 7d avg −0.031%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.091% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DOGEUSDT0.098900.0100pay 0.0100% / 8h6h 55m$314.4M$1.42B75x
ShortBitget DOGEUSDT0.09878−0.0151pay 0.0151% / 8h6h 55m$149.8M$272.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
−$52.71
Price spread: −0.121% → −0.031%
−$9.05
Slippage, 4 orders
−$9.11
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$92.87
Costs to cover
0.311%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: 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 Binance live order book, 4 min ago0.50 bp5.5 bp −$67.2 bp −$7223.2 bp −$2,32052.5 bp −$26.3K
Sell Bitget live order book, 4 min ago0.50 bp10.0 bp −$1011.2 bp −$11222.5 bp −$2,25457.4 bp −$28.7K

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
ApeX Omni DOGEUSDT−0.0216%1h0.09950+0.607%$146K$271K25xas long as short
Bitget DOGEUSDTshort−0.0151%8h0.09878−0.121%$149.8M$272.5M75x
dYdX DOGE-USD0.0000%1h0.09889−0.006%$222K$59K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09880−0.103%$408K$4.9M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09888−0.020%$591K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09886−0.037%$23K150xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09881−0.090%$5.8M$34.2M50xas long as short
Lighter DOGE+0.0096%1h0.09891+0.008%$756K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.098900.000%$849$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09884−0.061%$505K$973K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09889−0.015%$4.8M$47.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09891+0.013%$327K$517K20xas long as short
Binance DOGEUSDTlong+0.0100%8h0.09890long leg$314.4M$1.42B75x
Bybit DOGEUSDT+0.0100%8h0.09886−0.040%$156.6M$442.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09889−0.010%$108.1M$961.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09905+0.152%$127K$181K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09960+0.708%$382K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09884−0.061%$239.7M$129.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09886−0.040%$109.3M$224.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09888−0.020%$65.0M$42.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09889−0.010%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09884−0.061%$352K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09888−0.021%$947K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09947+0.575%$268K$125.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09932+0.425%$625K$4.5M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09879−0.109%$255K$637K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09888−0.020%$69K$437K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09889−0.015%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09897+0.073%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.098900.000%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09888−0.023%$5.9M$53.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09885−0.051%$91.2M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09889−0.013%$523K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09888−0.019%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0115%8h0.09895+0.054%$18K$6K30xas long as short
01 Exchange DOGEUSD+0.0176%1h0.09886−0.037%$522$4K10xas long as short
Reya DOGERUSDPERP+0.0183%1h0.09885−0.047%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09924+0.344%$15.5M$25.4M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09900+0.101%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0240%1h0.09940+0.506%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0270%1h0.09886−0.040%$310K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09893+0.035%$318K$406K10xas long as short
Hyperliquid DOGE+0.0571%1h0.09898+0.080%$120.3M$97.5M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09920+0.303%$5K$239K12xas long as short