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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.055%51s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.055%, 7d avg +0.018%
Together, before fees+0.131%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.037% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DOGEUSDT0.10210.0100pay 0.0100% / 8h3h 58m$337.0M$1.50B75x
ShortBloFin DOGE-USDT0.10210.0220get 0.0220% / 8h3h 58m$16.1M$26.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.055% → +0.018%
$3.71
Slippage, 4 orders
−$5.18
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1.73
Costs to cover
0.272%
Break-even
6.5 days
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 6 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, 16 min ago0.50 bp6.3 bp −$610.1 bp −$10119.1 bp −$1,90638.2 bp −$19.1K
Sell BloFin live order book, 6 min ago1.49 bp7.9 bp −$812.8 bp −$12820.6 bp −$2,06243.5 bp −$21.7K

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
Bitget DOGEUSDT−0.0020%8h0.1019−0.170%$153.4M$280.7M75xas long as short
dYdX DOGE-USD0.0000%1h0.1020−0.104%$229K$48K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1020−0.029%$497K$5.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1020−0.058%$24K150xas long as short
Lighter DOGE+0.0096%1h0.1021+0.028%$754K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1021+0.036%$922$473K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1020−0.077%$539K$1.0M10xas long as short
Hyperliquid DOGE+0.0100%1h0.1021+0.046%$125.1M$103.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1022+0.095%$4.8M$51.0M75xas long as short
Pacifica DOGE+0.0100%1h0.1020−0.019%$336K$491K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDTlong+0.0100%8h0.1021long leg$337.0M$1.50B75x
Bybit DOGEUSDT+0.0100%8h0.1023+0.232%$170.6M$458.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1024+0.369%$117.6M$1.07B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−1.552%$386K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1020−0.062%$251.9M$135.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1020−0.072%$115.1M$236.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1020−0.052%$68.0M$44.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1020−0.072%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1021−0.013%$326K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1019−0.192%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1018−0.253%$309K$132.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1011−0.952%$639K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1011−0.944%$147K$292K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1021+0.016%$264K$880K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1024+0.369%$72K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1019−0.168%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1022+0.104%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1021+0.075%$2K$4.2M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1021−0.008%$6.2M$60.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1021+0.036%$93.9M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1021+0.012%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1022+0.087%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1020−0.083%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0182%1h0.1019−0.140%$609K$119K25xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1019−0.128%$2K20xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.1021+0.055%$16.1M$26.1M75x
01 Exchange DOGEUSD+0.0232%1h0.1022+0.093%$545$4K10xas long as short
Phoenix DOGE+0.0242%1h0.1019−0.125%$66K$287K10xas long as short
Kraken Futures PF_DOGEUSD+0.0246%1h0.1022+0.087%$5.8M$36.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0255% / S −0.0292%1h0.1019−0.156%$336K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1021+0.055%$2.1M$29.0M50xas long as short
Arcus DOGE-USD+0.0634%1h0.1023+0.193%$111K$199K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1022+0.110%$414K$418K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1025+0.428%$5K$239K12xas long as short