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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against Bulk+0.753%115s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.359% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.890%−$89 · spread now +0.753%, 7d avg −0.025%
Together, before fees−0.908%+ Points / potential airdropGRVT: Active · farm board−$91 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.779% dearer against Bulk than usual: you sell high and buy low, +$78 on $10k if it goes back to its 7-day average of −0.025%. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk DOGE-USD0.099390.0100pay 0.0013% / 1h53m 46s$381K$14K10x
ShortGRVT DOGE_USDT_Perp0.10010.0100get 0.0100% / 8h1h 53m$630K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bulk. 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
$0
Price spread: +0.753% → −0.025%
$77.86
Slippage, 4 orders
−$19.91
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$41.95
Costs to cover
0.359%
Break-even
from the start
Slippage from Bulk: live order book, 30 min ago; GRVT: live order book, 5 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 Bulk live order book, 30 min ago5.02 bp8.5 bp −$915.1 bp −$15120.5 bp −$2,04931.6 bp −$15.8K
Sell GRVT live order book, 5 min ago3.00 bp10.4 bp −$1011.9 bp −$11948.8 bp −$4,883doesn'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 DOGEUSDT−0.0273%8h0.1003+0.914%$153.5M$261.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1007+1.337%$379K$4.4M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1006+1.171%$629K$106K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1006+1.169%$32K150xas long as short
dYdX DOGE-USD+0.0021%1h0.1004+1.065%$226K$44K10xas long as short
Phoenix DOGE+0.0080%1h0.1004+0.984%$15K$222K10xas long as short
Gate DOGE_USDT+0.0084%8h0.1004+1.015%$241.7M$120.6M75xas long as short
Lighter DOGE+0.0096%1h0.1005+1.144%$772K$5.3M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.1004+1.045%$1K$355K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1007+1.276%$682K$743K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1005+1.078%$5.0M$41.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1005+1.105%$337K$498K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1005+1.108%$318.1M$1.28B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1004+1.065%$162.0M$403.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1005+1.075%$109.7M$909.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1005+1.095%$28K$76K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1005+1.105%$110.3M$213.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1005+1.085%$66.0M$39.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1004+1.015%$73.7Mas long as short
Variational Omni DOGE+0.0100%8h0.1003+0.901%$947K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09957+0.180%$264K$112.0M20xas long as short
GRVT DOGE_USDT_Perpshort+0.0100%8h0.1001+0.753%$630K$4.6M10x
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.713%$145K$235K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1006+1.186%$272K$534K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1006+1.186%$72K$417K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006+1.175%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1006+1.209%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1005+1.156%$2K$3.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1005+1.066%$6.0M$48.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1004+1.065%$93.1M$19.1M50xas long as short
Bulk DOGE-USDlong+0.0100%1h0.09939long leg$381K$14K10x
Paradex DOGE-USD-PERP+0.0100%8h0.1005+1.096%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1004+0.999%$551K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006+1.171%$19K3xas long as short
01 Exchange DOGEUSD+0.0160%1h0.1008+1.369%$532$4K10xas long as short
Reya DOGERUSDPERP+0.0175%1h0.1006+1.238%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1006+1.166%$2.0M$22.9M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1007+1.347%$15.2M$24.3M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0266%1h0.1005+1.161%$312K200xas long as short
Kraken Futures PF_DOGEUSD+0.0363%1h0.1005+1.116%$6.0M$31.9M50xas long as short
Hyperliquid DOGE+0.0381%1h0.1005+1.146%$110.4M$80.7M10xas long as short
Backpack DOGE_USDC_PERP+0.0400%1h0.1005+1.095%$530K$936K15xas long as short
RISEx DOGE/USDC+0.0702%1h0.1005+1.109%$315K$474K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1007+1.317%$5K$207K12xas long as short