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−0.0381%/8h= −41.7% APRnext payment $3.81 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.091%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$280.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −0.091%, 7d avg −0.021%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.070% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.81 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
LongBingX DOGE-USDT0.099070.0100pay 0.0100% / 8h2h 13m$73.5M
ShortBitget DOGEUSDT0.09898−0.0281pay 0.0281% / 8h2h 13m$151.8M$261.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
−$80.01
Price spread: −0.091% → −0.021%
−$6.96
Slippage, 4 orders
−$6.41
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$115.37
Costs to cover
0.284%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Bitget: 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 BingX live order book, 11 min ago1.00 bp6.0 bp −$67.7 bp −$7712.8 bp −$1,28424.5 bp −$12.3K
Sell Bitget live order book, 6 min ago0.50 bp8.6 bp −$910.8 bp −$10819.8 bp −$1,97645.7 bp −$22.9K

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 DOGEUSDTshort−0.0281%8h0.09898−0.091%$151.8M$261.2M75x
Kalshi KXDOGEPERP0.0000%8h0.09926+0.193%$368K$4.4M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09903−0.038%$619K$106K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09903−0.035%$32K150xas long as short
Gate DOGE_USDT+0.0073%8h0.09903−0.040%$236.0M$120.7M75xas long as short
Phoenix DOGE+0.0080%1h0.09936+0.292%$15K$225K10xas long as short
dYdX DOGE-USD+0.0087%1h0.09930+0.236%$223K$44K10xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09925+0.182%$840$344K10xas long as short
Lighter DOGE+0.0096%1h0.09910+0.026%$779K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09913+0.061%$628K$698K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09905−0.023%$4.8M$40.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09932+0.248%$335K$495K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09908+0.006%$313.8M$1.27B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09902−0.050%$157.9M$399.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09909+0.020%$108.6M$891.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09932+0.252%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09975+0.686%$382K$15K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09906−0.010%$112.2M$220.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09905−0.020%$64.9M$39.3M75xas long as short
BingX DOGE-USDTlong+0.0100%8h0.09907long leg$73.5M
Variational Omni DOGE+0.0100%8h0.09913+0.061%$933K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09926+0.191%$264K$112.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09945+0.379%$634K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920+0.131%$143K$226K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09909+0.020%$271K$529K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09903−0.040%$57K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09902−0.052%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09931+0.240%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09904−0.030%$2K$3.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09902−0.047%$5.9M$47.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09903−0.040%$91.8M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09927+0.202%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09901−0.065%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09906−0.009%$19K3xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09926+0.192%$524$4K10xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09912+0.048%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09912+0.050%$15.2M$23.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09905−0.020%$2.0M$22.5M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0247%1h0.09901−0.057%$317K200xas long as short
Backpack DOGE_USDC_PERP+0.0256%1h0.09913+0.061%$523K$931K15xas long as short
Kraken Futures PF_DOGEUSD+0.0289%1h0.09905−0.020%$6.0M$31.8M50xas long as short
Hyperliquid DOGE+0.0413%1h0.09916+0.094%$109.2M$79.5M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09933+0.262%$312K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09970+0.636%$5K$180K12xas long as short