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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.033%
Price spread now: Coinbase International against Binance+0.084%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.084%, 7d avg +0.024%
Together, before fees−0.099%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.060% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DOGEUSDT0.099880.0100pay 0.0100% / 8h46m 52s$329.1M$1.72B75x
ShortCoinbase International DOGE-PERP-INTX0.099960.0216get 0.0027% / 1h46m 52s$1.9M$34.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$24.36
Price spread: +0.084% → +0.024%
$5.95
Slippage, 4 orders
−$11.57
Fee Binance: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$1.25
Costs to cover
0.316%
Break-even
7.4 days
Slippage from Binance: live order book, 12 min ago; Coinbase International: live order book, 2 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, 12 min ago0.50 bp6.2 bp −$69.0 bp −$9024.4 bp −$2,44452.5 bp −$26.3K
Sell Coinbase International live order book, 2 min ago2.01 bp9.3 bp −$914.8 bp −$14842.1 bp −$4,213doesn'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
Kraken Futures PF_DOGEUSD−0.0060%1h0.09987−0.004%$5.6M$40.6M50xas long as short
dYdX DOGE-USD0.0000%1h0.09988+0.004%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.10000+0.123%$596K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09992+0.040%$35K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0010%1h0.09992+0.047%$573K$252K25xas long as short
Bitget DOGEUSDT+0.0026%8h0.09985−0.026%$141.3M$345.6M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.431%$6K$242K12xas long as short
Polymarket Perps DOGE-USD+0.0085%1h0.09990+0.025%$260K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09997+0.096%$840K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09992+0.049%$538K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09991+0.035%$124.3M$117.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.099880.000%$4.5M$59.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09996+0.089%$320K$503K20xas long as short
Binance DOGEUSDTlong+0.0100%8h0.09988long leg$329.1M$1.72B75x
Bybit DOGEUSDT+0.0100%8h0.09985−0.026%$164.6M$523.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09988+0.004%$116.3M$1.21B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09996+0.084%$17K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09921−0.666%$381K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09981−0.066%$250.0M$155.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09984−0.036%$112.3M$257.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09985−0.026%$66.6M$49.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09986−0.016%$53.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09985−0.026%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09935−0.531%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09954−0.339%$302K$139.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09948−0.397%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09950−0.377%$145K$342K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09989+0.014%$70K$470K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09989+0.011%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1000+0.144%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09987−0.006%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09987−0.010%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09987−0.006%$91.5M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09992+0.045%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09979−0.083%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09990+0.024%$19K3xas long as short
Katana Perps DOGE-USD+0.0107%8h0.09991+0.034%$835$539K10xas long as short
Phoenix DOGE+0.0160%1h0.09976−0.117%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0199%1h0.09994+0.061%$2K20xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0216%1h0.09996+0.084%$1.9M$34.8M50x
BloFin DOGE-USDT+0.0220%8h0.09986−0.016%$15.6M$27.1M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09991+0.035%$315K200xas long as short
01 Exchange DOGEUSD+0.0280%1h0.1000+0.157%$445$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.1000+0.144%$404K$461K10xas long as short