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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1117%/8h= +122.3% APRpaid last 24h +0.211%
Price spread now: Injective against BingX+6.192%102s7-day average +0.230% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.536%+$154 on $10k
Price spread, last 4 days (all we have)−6.245%−$624 · spread now +6.192%, 7d avg +0.230%
Together, before fees−4.709%−$471 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Injective is 5.962% dearer against BingX than usual: you sell high and buy low: +$596 more if the spread goes back to its 7-day average of +0.230%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DOGE-USDC0.099160.0100pay 0.0100% / 8h2h 39m$3.5M
ShortInjective DOGE/USDC PERP0.10530.1217get 0.0152% / 1h39m 40s$6K$242K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$234.47
Price spread: +6.192% → +0.230%
$596.17
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$820.62
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 5 min ago; Injective: live order book, 74 min ago. Net counts fees only.

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, 5 min ago0.50 bp8.8 bp −$913.9 bp −$13935.4 bp −$3,537112.3 bp −$56.2K
Sell Injective live order book, 74 min ago38.06 bp528.3 bp −$528doesn't fitdoesn't fitdoesn'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
Kalshi KXDOGEPERP0.0000%8h0.09920+0.039%$640K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09925+0.090%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09922+0.066%$5.6M$39.9M50xas long as short
dYdX DOGE-USD+0.0003%1h0.09922+0.063%$223K$70K10xas long as short
Polymarket Perps DOGE-USD+0.0005%1h0.09912−0.036%$267K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09928+0.123%$725K$6.5M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09911−0.050%$537K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09924+0.084%$4.4M$56.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09924+0.086%$318K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09924+0.084%$323.3M$1.67B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09917+0.010%$162.0M$514.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09919+0.030%$114.8M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09945+0.295%$382K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09918+0.020%$246.5M$150.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09920+0.040%$110.9M$251.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09921+0.050%$65.8M$49.3M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.099160.000%$129.7M$327.8M75xas long as short
BingX DOGE-USDClong+0.0100%8h0.09916long leg$3.5M
Backpack DOGE_USDC_PERP+0.0100%1h0.09928+0.121%$305K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09920+0.040%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09945+0.296%$311K$138.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09986+0.707%$632K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09950+0.343%$148K$338K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09925+0.091%$63K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09923+0.069%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09931+0.149%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09923+0.071%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09917+0.012%$5.9M$67.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09925+0.091%$91.3M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09917+0.013%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09912−0.036%$478K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09925+0.093%$19K3xas long as short
Hyperliquid DOGE+0.0111%1h0.09928+0.120%$123.8M$114.4M10xas long as short
Katana Perps DOGE-USD+0.0113%8h0.09912−0.040%$2K$518K10xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09923+0.073%$441$4K10xas long as short
Reya DOGERUSDPERP+0.0194%1h0.09919+0.030%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09933+0.171%$15.9M$26.8M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0223%1h0.09929+0.130%$564K$247K25xas long as short
Arcus DOGE-USD+0.0231%1h0.09926+0.101%$107K$207K10xas long as short
Phoenix DOGE+0.0240%1h0.09948+0.323%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0251% / S −0.0286%1h0.09923+0.068%$319K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09926+0.101%$2.0M$33.7M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09917+0.015%$399K$440K10xas long as short
Injective DOGE/USDC PERPshort+0.1217%1h0.1053+6.192%$6K$242K12x