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+0.1125%/8h= +123.1% APRpaid last 24h +0.232%
Price spread now: Injective against Bitget+0.283%91s7-day average +0.229% · you sell dearer than you buy
Net, funding: paid 7d − costs+$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.584%+$158 on $10k
Price spread, last 3 days (all we have)−0.209%−$21 · spread now +0.283%, 7d avg +0.229%
Together, before fees+1.376%+$138 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Injective is 0.054% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.229%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DOGEUSDT0.09892−0.0121get 0.0121% / 8h6h 31m$150.0M$273.4M75x
ShortInjective DOGE/USDC PERP0.099200.1004get 0.0125% / 1h31m 50s$5K$239K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$236.16
Price spread: +0.283% → +0.229%
$5.39
Slippage, 4 orders
−$64.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$165.23
Costs to cover
0.763%
Break-even
2.1 days
Slippage from Bitget: live order book, 2 min ago; Injective: live order book, 37 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 Injective live order book, 37 min ago29.73 bp29.7 bp −$30doesn't fitdoesn't fitdoesn'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%8h0.09892long leg$150.0M$273.4M75x
Kalshi KXDOGEPERP0.0000%8h0.09879−0.132%$389K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09912+0.205%$23K150xas long as short
dYdX DOGE-USD+0.0021%1h0.09918+0.262%$223K$51K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0043%1h0.09915+0.238%$592K$118K25xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09909+0.175%$5.8M$34.1M50xas long as short
Lighter DOGE+0.0096%1h0.09909+0.170%$769K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09918+0.263%$829$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09928+0.369%$484K$971K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09907+0.155%$4.6M$48.3M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09922+0.308%$327K$504K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09908+0.161%$313.7M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09899+0.071%$156.7M$442.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09903+0.111%$109.1M$974.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09933+0.414%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09870−0.222%$378K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09902+0.101%$240.7M$131.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09907+0.152%$109.1M$229.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09908+0.162%$65.5M$43.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09902+0.101%$76.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09910+0.182%$343K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09884−0.081%$973K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09884−0.084%$271K$128.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09887−0.054%$622K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880−0.121%$144K$276K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09924+0.323%$256K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09916+0.243%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09914+0.219%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09919+0.273%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09912+0.202%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09918+0.267%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09906+0.142%$91.3M$17.1M50xas long as short
Extended DOGE-USD+0.0104%1h0.09905+0.135%$523K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09917+0.256%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0112%8h0.09922+0.306%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09928+0.363%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09923+0.315%$529$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09925+0.334%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0241%1h0.09898+0.062%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09914+0.224%$309K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09926+0.343%$319K$404K10xas long as short
Hyperliquid DOGE+0.0706%1h0.09912+0.205%$120.6M$97.3M10xas long as short
Injective DOGE/USDC PERPshort+0.1004%1h0.09920+0.283%$5K$239K12x