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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.015%
Price spread now: Coinbase International against BingX−0.152%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 3 days (all we have)+0.124%+$12 · spread now −0.152%, 7d avg +0.028%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.181% cheaper against BingX than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of +0.028%). If the spread goes back, that is −$18 on $10k: about 4.9 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DOGE-USDT0.098560.0100pay 0.0100% / 8h2h 37m$73.2M
ShortCoinbase International DOGE-PERP-INTX0.098410.0224get 0.0028% / 1h37m 27s$2.0M$22.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$26.04
Price spread: −0.152% → +0.028%
−$18.07
Slippage, 4 orders
−$10.84
Fee BingX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$22.87
Costs to cover
0.308%
Break-even
13.1 days
Slippage from BingX: live order book, 7 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 BingX live order book, 7 min ago1.01 bp6.0 bp −$67.3 bp −$7311.9 bp −$1,18727.7 bp −$13.9K
Sell Coinbase International live order book, 2 min ago1.52 bp10.4 bp −$1015.4 bp −$15444.3 bp −$4,427doesn'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
Bitget DOGEUSDT−0.0279%8h0.09843−0.132%$151.4M$259.8M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09842−0.146%$356K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09839−0.170%$615K$88K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09835−0.218%$32K150xas long as short
dYdX DOGE-USD+0.0056%1h0.09843−0.130%$221K$44K10xas long as short
Gate DOGE_USDT+0.0060%8h0.09847−0.091%$234.2M$119.0M75xas long as short
Phoenix DOGE+0.0080%1h0.09899+0.436%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09853−0.030%$1K$336K10xas long as short
Lighter DOGE+0.0096%1h0.09852−0.045%$782K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09854−0.020%$626K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09838−0.182%$4.9M$40.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09848−0.077%$335K$505K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09855−0.013%$313.3M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09850−0.061%$156.4M$397.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09855−0.010%$107.3M$881.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09863+0.071%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09919+0.638%$380K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09849−0.071%$119.5M$214.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.098560.000%$64.9M$39.0M75xas long as short
BingX DOGE-USDTlong+0.0100%8h0.09856long leg$73.2M
Variational Omni DOGE+0.0100%8h0.09888+0.320%$934K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09844−0.121%$261K$111.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09895+0.393%$629K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890+0.345%$141K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09853−0.036%$271K$533K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09837−0.193%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09835−0.216%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09840−0.159%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09837−0.193%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09838−0.183%$5.9M$46.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09840−0.162%$91.3M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09856+0.005%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09855−0.010%$544K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09837−0.189%$19K3xas long as short
Backpack DOGE_USDC_PERP+0.0159%1h0.09839−0.172%$521K$905K15xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09854−0.024%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09859+0.034%$521$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09821−0.355%$15.1M$23.5M75xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0224%1h0.09841−0.152%$2.0M$22.1M50x
GMX DOGE/USD [ETH-USDC]L +0.0242% / S −0.0263%1h0.09834−0.219%$303K200xas long as short
Kraken Futures PF_DOGEUSD+0.0291%1h0.09835−0.218%$6.1M$31.5M50xas long as short
Hyperliquid DOGE+0.0459%1h0.09862+0.059%$109.4M$78.4M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09864+0.080%$308K$470K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09930+0.751%$5K$153K12xas long as short