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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0487%/8h= +53.3% APRnext payment +$0.61 per $10,000 · paid last 24h +0.168%
Price spread now: RISEx against Bulk−0.401%61s7-day average +0.033% · you buy dearer than you sell
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−$280.283% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.398%+$40 on $10k
Price spread, last 4 days (all we have)+0.496%+$50 · spread now −0.401%, 7d avg +0.033%
Together, before fees+0.893%+$89 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.433% cheaper against Bulk than usual: you would sell low and buy high (spread −0.401% now, against its 7-day average of +0.033%). If the spread goes back, that is −$43 on $10k: about 3.0 days of funding at the current rate (+$15 a day). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk DOGE-USD0.098150.0100pay 0.0013% / 1h30m 30s$375K$2K10x
ShortRISEx DOGE/USDC0.097760.0587get 0.0073% / 1h30m 30s$405K$391K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$102.29
Price spread: −0.401% → +0.033%
−$43.33
Slippage, 4 orders
−$15.26
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$30.7
Costs to cover
0.283%
Break-even
4.9 days
Slippage from Bulk: live order book, 17 min ago; RISEx: live order book, 16 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, 17 min ago5.08 bp8.6 bp −$98.6 bp −$8612.5 bp −$1,25325.7 bp −$12.8K
Sell RISEx live order book, 16 min ago2.55 bp5.5 bp −$610.4 bp −$104doesn't fitdoesn't fit

DOGE on 43 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0141%1h0.09766−0.503%$5.2M$38.9M50xas long as short
Bitget DOGEUSDT−0.0047%8h0.09766−0.499%$137.8M$295.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09765−0.513%$500K$6.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09768−0.480%$547K$291K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09763−0.530%$32K150xas long as short
Bybit DOGEUSDT+0.0018%8h0.09769−0.469%$164.2M$492.4M75xas long as short
01 Exchange DOGEUSD+0.0032%1h0.09769−0.472%$450$4K10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.285%$6K$240K12xas long as short
Gate DOGE_USDT+0.0050%8h0.09762−0.540%$249.7M$145.7M75xas long as short
Phoenix DOGE+0.0081%1h0.09775−0.410%$18K$311K10xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter DOGE+0.0096%1h0.09773−0.430%$814K$6.4M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09763−0.530%$2K$539K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09762−0.538%$18K$5K30xas long as short
Nado DOGE-PERP+0.0100%1h0.09764−0.520%$503K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09780−0.361%$121.0M$107.9M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09770−0.458%$4.9M$57.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09769−0.472%$311K$436K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09772−0.441%$322.8M$1.60B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09774−0.418%$116.1M$1.09B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09770−0.458%$15K$308K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09774−0.418%$110.1M$250.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09770−0.458%$63.8M$44.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09765−0.509%$46.0Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09762−0.540%$302K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09762−0.538%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09765−0.512%$256K$129.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09772−0.437%$614K$3.8M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09800−0.153%$138K$343K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09769−0.473%$224K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09768−0.479%$67K$420K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09774−0.423%$34K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09765−0.509%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09768−0.479%$5.9M$64.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09765−0.509%$89.1M$15.5M50xas long as short
Bulk DOGE-USDlong+0.0100%1h0.09815long leg$375K$2K10x
Extended DOGE-USD+0.0104%1h0.09761−0.551%$478K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09763−0.531%$19K3xas long as short
dYdX DOGE-USD+0.0198%1h0.09766−0.498%$229K$75K10xas long as short
Reya DOGERUSDPERP+0.0207%1h0.09765−0.509%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0210% / S −0.0198%1h0.09768−0.482%$273K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09766−0.499%$15.4M$25.5M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0264%1h0.09770−0.458%$2.2M$32.6M50xas long as short
RISEx DOGE/USDCshort+0.0587%1h0.09776−0.401%$405K$391K10x