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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0225%/8h= +24.6% APRpaid last 24h +0.035%
Price spread now: Extended against Bitget+0.019%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$260.257% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.107%+$11 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.019%, 7d avg −0.006%
Together, before fees+0.085%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.025% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DOGEUSDT0.09907−0.0121get 0.0121% / 8h6h 32m$150.2M$273.4M75x
ShortExtended DOGE-USD0.099090.0104get 0.0013% / 1h32m 16s$523K$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$47.25
Price spread: +0.019% → −0.006%
$2.51
Slippage, 4 orders
−$8.67
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$24.09
Costs to cover
0.257%
Break-even
3.4 days
Slippage from Bitget: live order book, 2 min ago; Extended: 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 Bitget live order book, 2 min ago0.51 bp7.9 bp −$89.2 bp −$9227.8 bp −$2,78257.1 bp −$28.5K
Sell Extended live order book, 2 min ago0.50 bp3.9 bp −$44.7 bp −$4711.5 bp −$1,154doesn't fit

DOGE on 43 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−0.0121%8h0.09907long leg$150.2M$273.4M75x
Kalshi KXDOGEPERP0.0000%8h0.09899−0.085%$388K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09912+0.053%$23K150xas long as short
dYdX DOGE-USD+0.0021%1h0.09918+0.110%$223K$51K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0043%1h0.09915+0.086%$592K$118K25xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09909+0.024%$5.8M$34.1M50xas long as short
Lighter DOGE+0.0096%1h0.09929+0.218%$771K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09918+0.111%$829$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09928+0.217%$484K$971K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09919+0.121%$4.6M$48.3M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09922+0.156%$327K$504K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09917+0.101%$314.0M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09914+0.071%$157.0M$442.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09917+0.101%$109.4M$975.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09933+0.262%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09870−0.373%$378K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09916+0.091%$241.1M$131.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09919+0.121%$109.2M$229.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09927+0.202%$65.6M$43.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09916+0.091%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09880−0.273%$342K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09884−0.232%$973K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09884−0.236%$271K$128.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09887−0.206%$622K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880−0.273%$144K$276K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09924+0.172%$256K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09916+0.091%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09914+0.067%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09919+0.121%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09912+0.050%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09875−0.327%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09875−0.323%$91.0M$17.4M50xas long as short
Extended DOGE-USDshort+0.0104%1h0.09909+0.019%$523K$3.9M50x
Aevo DOGE-PERP+0.0104%1h0.09917+0.104%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0112%8h0.09922+0.155%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09928+0.211%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09923+0.164%$529$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09925+0.182%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0241%1h0.09898−0.090%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09914+0.073%$309K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09926+0.191%$319K$404K10xas long as short
Hyperliquid DOGE+0.0712%1h0.09940+0.334%$120.9M$97.3M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09920+0.131%$5K$239K12xas long as short