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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin−0.020%102s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.350% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.272%−$27 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.020%, 7d avg −0.029%
Together, before fees−0.232%−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOGE-USDT0.099070.0220pay 0.0220% / 8h2h 37m$16.0M$26.7M75x
ShortBybit DOGEUSDT0.099050.0100get 0.0100% / 8h2h 37m$162.2M$515.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$25.2
Price spread: −0.020% → −0.029%
$0.85
Slippage, 4 orders
−$11.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$59.31
Costs to cover
0.350%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 7 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 ago3.52 bp9.5 bp −$1011.9 bp −$11924.5 bp −$2,45045.7 bp −$22.9K
Sell Bybit live order book, 7 min ago0.50 bp7.4 bp −$711.2 bp −$11221.6 bp −$2,16142.3 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
Kalshi KXDOGEPERP0.0000%8h0.09915+0.080%$640K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09907−0.003%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09918+0.116%$5.6M$39.9M50xas long as short
dYdX DOGE-USD+0.0002%1h0.09914+0.066%$223K$70K10xas long as short
Polymarket Perps DOGE-USD+0.0017%1h0.09912+0.046%$267K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09921+0.145%$726K$6.5M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09904−0.030%$536K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09903−0.043%$4.4M$56.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09918+0.108%$317K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09904−0.034%$322.7M$1.67B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDTshort+0.0100%8h0.09905−0.020%$162.2M$515.2M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.099070.000%$115.0M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09945+0.386%$382K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09915+0.081%$246.8M$150.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09919+0.121%$111.0M$251.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09915+0.081%$65.8M$49.3M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09912+0.050%$131.8M$329.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09919+0.121%$80.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09919+0.121%$300K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09920+0.131%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09918+0.107%$295K$138.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09917+0.099%$630K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910+0.030%$147K$339K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09912+0.050%$63K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09911+0.041%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09925+0.180%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09918+0.111%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09917+0.103%$5.9M$67.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09919+0.121%$91.2M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09918+0.111%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09916+0.095%$478K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09916+0.091%$19K3xas long as short
Katana Perps DOGE-USD+0.0113%8h0.09898−0.091%$2K$524K10xas long as short
Hyperliquid DOGE+0.0115%1h0.09921+0.140%$123.6M$114.6M10xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09905−0.019%$440$4K10xas long as short
Reya DOGERUSDPERP+0.0194%1h0.09918+0.110%$2K20xas long as short
BloFin DOGE-USDTlong+0.0220%8h0.09907long leg$16.0M$26.7M75x
Deribit DOGE_USDC-PERPETUAL+0.0224%1h0.09921+0.140%$564K$247K25xas long as short
Arcus DOGE-USD+0.0231%1h0.09926+0.192%$107K$207K10xas long as short
Phoenix DOGE+0.0240%1h0.09948+0.414%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0285%1h0.09907−0.002%$318K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09921+0.141%$2.0M$33.7M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09919+0.121%$400K$441K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+6.288%$6K$242K12xas long as short