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+0.0322%/8h= +35.3% APRnext payment +$3.22 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.061%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.314% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.043%−$4 · spread now +0.061%, 7d avg +0.018%
Together, before fees−0.076%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.043% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.22 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 DOGEUSDT0.09889−0.0222get 0.0222% / 8h11m 25s$150.9M$270.1M75x
ShortBybit DOGEUSDT0.098950.0100get 0.0100% / 8h11m 25s$155.5M$434.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$67.62
Price spread: +0.061% → +0.018%
$4.31
Slippage, 4 orders
−$8.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$40.58
Costs to cover
0.314%
Break-even
2.8 days
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago0.50 bp7.6 bp −$89.9 bp −$9919.3 bp −$1,93251.9 bp −$26.0K
Sell Bybit live order book, 3 min ago0.50 bp7.8 bp −$810.6 bp −$10621.7 bp −$2,16940.6 bp −$20.3K

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−0.0222%8h0.09889long leg$150.9M$270.1M75x
Kalshi KXDOGEPERP0.0000%8h0.09921+0.326%$387K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09895+0.064%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0003%1h0.09899+0.099%$595K$121K25xas long as short
dYdX DOGE-USD+0.0060%1h0.09896+0.074%$222K$44K10xas long as short
Gate DOGE_USDT+0.0070%8h0.09893+0.040%$240.7M$128.6M75xas long as short
Lighter DOGE+0.0096%1h0.09902+0.136%$783K$5.6M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.09898+0.091%$2K$391K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09903+0.142%$507K$975K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09901+0.119%$4.8M$45.9M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09902+0.126%$330K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09898+0.094%$313.8M$1.38B75xas long as short
Bybit DOGEUSDTshort+0.0100%8h0.09895+0.061%$155.5M$434.0M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.09897+0.081%$108.5M$944.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09905+0.162%$31K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09964+0.754%$382K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09901+0.121%$110.1M$222.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09899+0.101%$65.3M$42.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09896+0.071%$75.9Mas long as short
Variational Omni DOGE+0.0100%8h0.09894+0.051%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09919+0.301%$256K$120.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09915+0.267%$634K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920+0.313%$146K$251K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09894+0.051%$254K$555K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09896+0.071%$72K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09893+0.042%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09901+0.118%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09896+0.071%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09912+0.231%$5.9M$52.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09912+0.233%$91.6M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09897+0.082%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09894+0.046%$522K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09895+0.065%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0106%1h0.09892+0.030%$5.9M$33.6M50xas long as short
Reya DOGERUSDPERP+0.0180%1h0.09898+0.090%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09914+0.253%$15.2M$25.1M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09906+0.174%$523$4K10xas long as short
Phoenix DOGE+0.0239%1h0.09920+0.311%$66K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09898+0.091%$2.0M$24.0M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0262%1h0.09896+0.068%$304K200xas long as short
Backpack DOGE_USDC_PERP+0.0332%1h0.09917+0.283%$387K$1.1M15xas long as short
RISEx DOGE/USDC+0.0708%1h0.09905+0.160%$314K$477K10xas long as short
Hyperliquid DOGE+0.0838%1h0.09911+0.221%$115.8M$90.1M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.09980+0.920%$5K$239K12xas long as short