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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.031%
Price spread now: Pacifica against Bitget+0.082%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.104%+$10 on $10k
Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.082%, 7d avg +0.057%
Together, before fees+0.109%+ Points / potential airdropPacifica: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.025% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DOGEUSDT0.10000.0044pay 0.0044% / 8h1h 08m$142.0M$344.2M75x
ShortPacifica DOGE0.10010.0100get 0.0013% / 1h8m 36s$319K$501K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$11.76
Price spread: +0.082% → +0.057%
$2.49
Slippage, 4 orders
−$9.94
Fee Bitget: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$15.68
Costs to cover
0.299%
Break-even
16.3 days
Slippage from Bitget: live order book, 6 min ago; Pacifica: live order book, 35 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, 6 min ago0.50 bp7.1 bp −$710.0 bp −$10025.0 bp −$2,49572.6 bp −$36.3K
Sell Pacifica live order book, 35 min ago2.51 bp8.1 bp −$814.4 bp −$144doesn'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
Kraken Futures PF_DOGEUSD−0.0082%1h0.1003+0.220%$5.7M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.1001+0.110%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1002+0.165%$613K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1001+0.105%$36K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.258%$6K$242K12xas long as short
Bitget DOGEUSDTlong+0.0044%8h0.1000long leg$142.0M$344.2M75x
Polymarket Perps DOGE-USD+0.0053%1h0.1002+0.170%$264K$1.2M10xas long as short
Phoenix DOGE+0.0080%1h0.1001+0.020%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1002+0.166%$849K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1003+0.215%$540K$1.1M10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1001+0.104%$4.6M$58.8M75xas long as short
Pacifica DOGEshort+0.0100%1h0.1001+0.082%$319K$501K20x
Binance DOGEUSDT+0.0100%8h0.1001+0.086%$330.5M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001+0.020%$165.0M$521.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001+0.060%$117.3M$1.21B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1001+0.027%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1001+0.030%$250.4M$157.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001+0.060%$112.0M$258.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1002+0.130%$66.9M$49.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1001+0.070%$53.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1003+0.220%$303K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.1000−0.033%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09993−0.112%$303K$140.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.033%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.060%$148K$340K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1003+0.240%$71K$470K50xas long as short
SunX DOGE-USDT+0.0100%8h0.1003+0.284%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1003+0.250%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1003+0.274%$5.9M$69.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1003+0.230%$91.9M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1001+0.042%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1000+0.007%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1003+0.260%$19K3xas long as short
Katana Perps DOGE-USD+0.0108%8h0.1001+0.040%$836$537K10xas long as short
Hyperliquid DOGE+0.0130%1h0.1003+0.210%$124.7M$116.7M10xas long as short
Reya DOGERUSDPERP+0.0198%1h0.1002+0.202%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1003+0.280%$16.3M$27.2M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1003+0.290%$1.9M$34.8M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.1001+0.097%$315K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1002+0.145%$446$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.1001+0.060%$17K$308K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0408%1h0.1003+0.297%$575K$252K25xas long as short
RISEx DOGE/USDC+0.0626%1h0.1002+0.130%$403K$458K10xas long as short