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−0.0493%/8h= −54.0% APRnext payment $4.93 per $10,000 · paid last 24h −0.036%
Price spread now: Bitget against BloFin−0.229%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.245%−$25 on $10k
Price spread, last 3 days (all we have)+0.229%+$23 · spread now −0.229%, 7d avg −0.039%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bitget is 0.190% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.93 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
LongBloFin DOGE-USDT0.10030.0220pay 0.0220% / 8h1h 52m$15.1M$24.2M75x
ShortBitget DOGEUSDT0.1001−0.0273pay 0.0273% / 8h1h 52m$153.2M$262.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$103.53
Price spread: −0.229% → −0.039%
−$18.98
Slippage, 4 orders
−$9.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$155.53
Costs to cover
0.330%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 1 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 BloFin live order book, 6 min ago1.50 bp9.7 bp −$1011.8 bp −$11818.7 bp −$1,86940.8 bp −$20.4K
Sell Bitget live order book, 1 min ago0.50 bp8.4 bp −$810.4 bp −$10423.9 bp −$2,39247.7 bp −$23.9K

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 DOGEUSDTshort−0.0273%8h0.1001−0.229%$153.2M$262.0M75x
Kalshi KXDOGEPERP0.0000%8h0.1004+0.087%$379K$4.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1003+0.015%$32K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0019%1h0.1003+0.014%$627K$106K25xas long as short
dYdX DOGE-USD+0.0021%1h0.1004+0.120%$226K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1008+0.436%$16K$222K10xas long as short
Gate DOGE_USDT+0.0084%8h0.1002−0.100%$241.3M$120.7M75xas long as short
Lighter DOGE+0.0096%1h0.1003−0.011%$770K$5.3M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.1004+0.100%$1K$355K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1004+0.040%$680K$743K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1003−0.059%$5.0M$41.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1005+0.159%$337K$498K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1003−0.002%$317.6M$1.28B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1003+0.020%$161.8M$403.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002−0.140%$109.6M$907.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1005+0.150%$28K$76K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1003−0.070%$110.0M$213.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1002−0.110%$65.8M$39.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1003−0.040%$73.7Mas long as short
Variational Omni DOGE+0.0100%8h0.1003−0.043%$947K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1006+0.240%$277K$112.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1007+0.364%$641K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1005+0.169%$145K$238K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1004+0.040%$272K$534K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1003+0.020%$72K$417K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1003−0.013%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1005+0.123%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004+0.030%$2K$3.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1003−0.016%$6.0M$48.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1003−0.080%$92.9M$19.1M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09939−0.936%$381K$14K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1005+0.150%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1002−0.166%$548K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1004+0.028%$19K3xas long as short
01 Exchange DOGEUSD+0.0168%1h0.1004+0.111%$530$4K10xas long as short
Reya DOGERUSDPERP+0.0175%1h0.1004+0.036%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1004+0.080%$2.0M$22.9M50xas long as short
BloFin DOGE-USDTlong+0.0220%8h0.1003long leg$15.1M$24.2M75x
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0266%1h0.1003+0.004%$311K200xas long as short
Hyperliquid DOGE+0.0362%1h0.1003−0.015%$110.1M$80.7M10xas long as short
Kraken Futures PF_DOGEUSD+0.0363%1h0.1003−0.001%$6.0M$32.0M50xas long as short
Backpack DOGE_USDC_PERP+0.0368%1h0.1003−0.060%$529K$936K15xas long as short
RISEx DOGE/USDC+0.0702%1h0.1005+0.163%$315K$474K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1007+0.369%$5K$207K12xas long as short