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+0.0322%/8h= +35.3% APRnext payment +$3.22 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bitget+0.061%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.010%+$1 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.061%, 7d avg +0.004%
Together, before fees−0.046%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Variational Omni is 0.057% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.004%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.010% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.22 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 DOGEUSDT0.09888−0.0222get 0.0222% / 8h11m 05s$150.9M$270.1M75x
ShortVariational Omni DOGE0.098940.0100get 0.0100% / 8h11m 05s$1.0M$8.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$67.62
Price spread: +0.061% → +0.004%
$5.71
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$61.33
Costs to cover
0.120%
Break-even
0.7 days
Slippage unknown: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

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 ago0.50 bp7.6 bp −$89.9 bp −$9919.3 bp −$1,93251.9 bp −$26.0K
Sell Variational Omni RFQ quote, 3 min ago4.03 bpdoesn't fit7.0 bp −$70doesn't fitdoesn't fit

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−0.0222%8h0.09888long leg$150.9M$270.1M75x
Kalshi KXDOGEPERP0.0000%8h0.09896+0.086%$387K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09895+0.074%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0003%1h0.09899+0.109%$595K$121K25xas long as short
dYdX DOGE-USD+0.0060%1h0.09896+0.084%$222K$44K10xas long as short
Gate DOGE_USDT+0.0070%8h0.09890+0.020%$240.7M$128.6M75xas long as short
Lighter DOGE+0.0096%1h0.09900+0.117%$783K$5.6M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.09898+0.101%$2K$391K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09903+0.152%$507K$975K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09897+0.088%$4.8M$45.9M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09902+0.137%$330K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09896+0.078%$313.7M$1.38B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09893+0.051%$155.6M$434.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09895+0.071%$108.5M$944.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09905+0.172%$31K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09964+0.764%$382K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09894+0.061%$110.3M$222.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09895+0.071%$65.2M$42.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09895+0.071%$75.9Mas long as short
Variational Omni DOGEshort+0.0100%8h0.09894+0.061%$1.0M$8.1M
edgeX DOGEUSDC+0.0100%4h0.09919+0.311%$256K$120.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09915+0.277%$634K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920+0.324%$146K$251K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09894+0.061%$254K$555K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09896+0.081%$72K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09893+0.052%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09901+0.128%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09896+0.081%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09896+0.086%$5.9M$52.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09894+0.061%$91.4M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09897+0.092%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09894+0.057%$522K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09895+0.075%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0106%1h0.09892+0.040%$5.9M$33.6M50xas long as short
Reya DOGERUSDPERP+0.0180%1h0.09898+0.101%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09893+0.051%$15.2M$25.1M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09906+0.184%$523$4K10xas long as short
Phoenix DOGE+0.0239%1h0.09920+0.322%$66K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09898+0.101%$2.0M$24.0M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0262%1h0.09896+0.078%$304K200xas long as short
Backpack DOGE_USDC_PERP+0.0328%1h0.09899+0.111%$387K$1.1M15xas long as short
RISEx DOGE/USDC+0.0708%1h0.09905+0.170%$314K$477K10xas long as short
Hyperliquid DOGE+0.0836%1h0.09907+0.188%$115.8M$90.2M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.09980+0.930%$5K$239K12xas long as short