Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0840%/8h= +92.0% APRpaid last 24h +0.190%

Price spread now: RISEx against Bitget+0.282%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.375%+$38 on $10k

Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.282%, 7d avg +0.083%

Together, before fees+0.128%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and RISEx is 0.198% dearer against Bitget than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DOGEUSDT	0.09944	−0.0093	get 0.0093% / 8h	5h 39m	$150.6M	$273.7M	75x
Short	RISEx DOGE/USDC	0.09972	0.0747	get 0.0093% / 1h	39m 14s	$401K	$368K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee BitgetbpFee RISExbpOrdersPrice spread, now +0.282%Rate

Funding earned: $176.37
Price spread: +0.282% → +0.083%: $19.84
Slippage, 4 orders: −$10.58
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $167.63
Costs to cover: 0.286%
Break-even: 0.3 days

Slippage from Bitget: live order book, 5 min ago; RISEx: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 5 min ago	0.50 bp	9.2 bp −$9	10.6 bp −$106	26.6 bp −$2,664	75.5 bp −$37.7K
Sell RISEx live order book, 24 min ago	2.51 bp	5.5 bp −$6	13.3 bp −$133	doesn't fit	doesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDTlong	−0.0093%	8h	0.09944	long leg	$150.6M	$273.7M	75x
dYdX DOGE-USD	0.0000%	1h	0.09965	+0.211%	$224K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09973	+0.288%	$443K	$5.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09953	+0.087%	$24K	—	150x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0021%	1h	0.09953	+0.093%	$595K	$118K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09959	+0.150%	$802K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09963	+0.191%	$900	$436K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09966	+0.221%	$531K	$991K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09964	+0.205%	$4.7M	$48.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09973	+0.294%	$328K	$483K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.09955	+0.111%	$319.1M	$1.44B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09952	+0.080%	$160.1M	$440.8M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09953	+0.091%	$111.2M	$984.7M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09995	+0.511%	$383K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09953	+0.091%	$242.7M	$132.0M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09957	+0.131%	$112.6M	$229.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09964	+0.201%	$65.9M	$43.3M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09956	+0.121%	—	$76.2M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09980	+0.362%	$328K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09971	+0.267%	$997K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09974	+0.301%	$297K	$129.5M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	+0.659%	$629K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1001	+0.664%	$146K	$277K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09960	+0.161%	$255K	$731K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09953	+0.091%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09951	+0.075%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09955	+0.109%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09952	+0.080%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09951	+0.071%	$5.9M	$56.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09955	+0.111%	$91.7M	$16.7M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.09968	+0.240%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09949	+0.048%	$541K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09953	+0.091%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0186%	1h	0.09962	+0.183%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.09970	+0.262%	$531	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09951	+0.070%	$15.6M	$25.1M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09990	+0.460%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0267%	1h	0.09952	+0.084%	$310K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09963	+0.191%	$2.3M	$26.0M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0307%	1h	0.09950	+0.059%	$5.7M	$35.1M	50x	as long as short
Hyperliquid DOGE	+0.0441%	1h	0.09977	+0.335%	$121.8M	$99.5M	10x	as long as short
RISEx DOGE/USDCshort	+0.0747%	1h	0.09972	+0.282%	$401K	$368K	10x
Arcus DOGE-USD	+0.0781%	1h	0.09978	+0.342%	$128K	$179K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.1002	+0.764%	$5K	$239K	12x	as long as short