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+0.0315%/8h= +34.5% APRnext payment +$3.15 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.111%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days−0.091%−$9 · spread now +0.111%, 7d avg +0.022%
Together, before fees−0.077%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and OKX is 0.089% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.022%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.15 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 DOGEUSDT0.09892−0.0215get 0.0215% / 8h6m 17s$151.1M$270.4M75x
ShortOKX DOGE-USDT-SWAP0.099030.0100get 0.0100% / 8h6m 17s$108.9M$947.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$66.15
Price spread: +0.111% → +0.022%
$8.92
Slippage, 4 orders
−$8.25
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$44.82
Costs to cover
0.303%
Break-even
2.3 days
Slippage from Bitget: live order book, 3 min ago; OKX: 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 ago1.01 bp9.4 bp −$912.6 bp −$12625.4 bp −$2,54066.4 bp −$33.2K
Sell OKX live order book, 3 min ago0.50 bp5.9 bp −$68.3 bp −$8320.8 bp −$2,08242.3 bp −$21.2K

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−0.0215%8h0.09892long leg$151.1M$270.4M75x
Kalshi KXDOGEPERP0.0000%8h0.09897+0.053%$393K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09902+0.100%$596K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09898+0.063%$24K150xas long as short
dYdX DOGE-USD+0.0059%1h0.09903+0.114%$222K$44K10xas long as short
Gate DOGE_USDT+0.0069%8h0.09897+0.051%$240.7M$128.9M75xas long as short
Lighter DOGE+0.0096%1h0.09912+0.200%$783K$5.6M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.09905+0.131%$957$394K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09903+0.111%$507K$976K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09907+0.156%$4.8M$46.0M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09908+0.159%$330K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09900+0.081%$314.0M$1.38B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09898+0.061%$155.7M$434.4M75xas long as short
OKX DOGE-USDT-SWAPshort+0.0100%8h0.09903+0.111%$108.9M$947.4M50x
Arcus DOGE-USD+0.0100%1h0.09910+0.182%$28K$82K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09899+0.071%$110.5M$223.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09904+0.121%$65.4M$42.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09900+0.081%$75.9Mas long as short
Variational Omni DOGE+0.0100%8h0.09893+0.012%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09913+0.215%$256K$120.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09921+0.293%$634K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910+0.182%$145K$251K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09901+0.088%$254K$556K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09899+0.071%$72K$446K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09898+0.061%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09900+0.086%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09904+0.121%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09895+0.031%$5.9M$52.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09909+0.172%$91.6M$19.2M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09909+0.171%$380K$12K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09903+0.111%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09897+0.051%$520K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09900+0.083%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0106%1h0.09906+0.141%$5.9M$33.6M50xas long as short
Reya DOGERUSDPERP+0.0180%1h0.09897+0.056%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09911+0.193%$523$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09910+0.182%$15.2M$25.2M75xas long as short
Phoenix DOGE+0.0239%1h0.09933+0.411%$66K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09908+0.162%$2.0M$24.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0262%1h0.09895+0.034%$304K200xas long as short
Backpack DOGE_USDC_PERP+0.0315%1h0.09914+0.222%$383K$1.1M15xas long as short
RISEx DOGE/USDC+0.0708%1h0.09911+0.196%$313K$477K10xas long as short
Hyperliquid DOGE+0.0820%1h0.09913+0.212%$115.8M$90.3M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.09930+0.384%$5K$239K12xas long as short