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+0.0499%/8h= +54.6% APRnext payment +$4.99 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget+0.152%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$340.335% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.245%+$25 on $10k
Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.152%, 7d avg +0.039%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BloFin is 0.112% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.039%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.245% in total (about 12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.99 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
LongBitget DOGEUSDT0.09875−0.0279get 0.0279% / 8h2h 44m$151.6M$259.3M75x
ShortBloFin DOGE-USDT0.098900.0220get 0.0220% / 8h2h 44m$15.3M$23.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$104.79
Price spread: +0.152% → +0.039%
$11.25
Slippage, 4 orders
−$9.53
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$82.51
Costs to cover
0.335%
Break-even
1.5 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 4 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 Bitget live order book, 4 min ago0.51 bp7.6 bp −$810.0 bp −$10024.5 bp −$2,450doesn't fit
Sell BloFin live order book, 4 min ago1.52 bp8.8 bp −$911.3 bp −$11311.5 bp −$1,15411.6 bp −$5,796

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 DOGEUSDTlong−0.0279%8h0.09875long leg$151.6M$259.3M75x
Kalshi KXDOGEPERP0.0000%8h0.09890+0.153%$354K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09897+0.219%$619K$88K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09892+0.173%$31K150xas long as short
dYdX DOGE-USD+0.0042%1h0.09896+0.209%$222K$44K10xas long as short
Gate DOGE_USDT+0.0065%8h0.09878+0.030%$234.9M$118.4M75xas long as short
Phoenix DOGE+0.0080%1h0.09900+0.249%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09893+0.182%$2K$334K10xas long as short
Lighter DOGE+0.0096%1h0.09886+0.107%$796K$5.0M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09895+0.203%$628K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09886+0.116%$4.9M$40.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09899+0.240%$337K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09885+0.098%$316.7M$1.25B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09880+0.051%$153.8M$393.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09886+0.111%$107.4M$882.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09900+0.253%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09895+0.203%$379K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09883+0.081%$120.3M$212.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09883+0.081%$65.0M$38.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09882+0.071%$73.2Mas long as short
Variational Omni DOGE+0.0100%8h0.09894+0.188%$931K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09885+0.105%$262K$110.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09895+0.202%$622K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890+0.152%$141K$222K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09891+0.164%$274K$545K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09895+0.203%$72K$359K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09893+0.180%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09900+0.257%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09894+0.192%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09894+0.194%$6.0M$46.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09891+0.162%$91.8M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09897+0.221%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09881+0.056%$544K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09896+0.209%$19K3xas long as short
Backpack DOGE_USDC_PERP+0.0121%1h0.09889+0.142%$524K$855K15xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09893+0.184%$2K20xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.09890+0.152%$15.3M$23.6M75x
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09896+0.213%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09891+0.162%$305K200xas long as short
01 Exchange DOGEUSD+0.0280%1h0.09895+0.206%$522$4K10xas long as short
Kraken Futures PF_DOGEUSD+0.0289%1h0.09896+0.217%$6.8M$30.3M50xas long as short
Hyperliquid DOGE+0.0500%1h0.09893+0.179%$110.4M$77.7M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09903+0.278%$312K$469K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09920+0.456%$5K$153K12xas long as short