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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Bulk+0.925%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$67as in the Price arb table
costs, in and out, $10k−$270.271% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 3 days (all we have)−0.868%−$87 · spread now +0.925%, 7d avg −0.017%
Together, before fees−0.874%−$87 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: SoDEX is 0.942% dearer against Bulk than usual: you sell high and buy low, +$94 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk DOGE-USD0.098380.0100pay 0.0013% / 1h25m 28s$377K$19K10x
ShortSoDEX DOGE-USD0.099290.0100get 0.0013% / 1h25m 28s$2K$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.925% → −0.017%
$94.23
Slippage, 4 orders
−$12.1
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$67.13
Costs to cover
0.271%
Break-even
from the start
Slippage from Bulk: live order book, 63 min ago; SoDEX: live order book, 4 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, 63 min ago5.02 bp8.5 bp −$912.9 bp −$12919.9 bp −$1,99031.6 bp −$15.8K
Sell SoDEX live order book, 4 min ago1.01 bp5.0 bp −$58.6 bp −$86147.3 bp −$14.7Kdoesn'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−0.0279%8h0.09941+1.047%$152.9M$260.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09921+0.843%$373K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09932+0.958%$621K$103K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09943+1.067%$32K150xas long as short
Gate DOGE_USDT+0.0071%8h0.09942+1.057%$237.1M$119.8M75xas long as short
Phoenix DOGE+0.0080%1h0.09946+1.095%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09949+1.129%$1K$338K10xas long as short
Lighter DOGE+0.0096%1h0.09938+1.012%$788K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09949+1.129%$632K$695K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09949+1.130%$4.8M$40.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09945+1.088%$337K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09945+1.088%$314.9M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09943+1.068%$158.0M$397.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09946+1.098%$108.6M$890.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09957+1.210%$28K$75K10xas long as short
Bulk DOGE-USDlong+0.0100%1h0.09838long leg$377K$19K10x
MEXC DOGE_USDT+0.0100%8h0.09947+1.108%$113.0M$218.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09947+1.108%$65.2M$39.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09943+1.068%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09851+0.133%$915K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09902+0.654%$263K$112.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09913+0.763%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910+0.732%$141K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09946+1.100%$273K$528K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09945+1.088%$57K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09928+0.920%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09933+0.965%$35K$2.2M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09929+0.925%$2K$3.3M10x
HTX DOGE-USDT+0.0100%8h0.09930+0.939%$6.0M$46.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09925+0.885%$92.1M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09949+1.128%$18K$5K30xas long as short
dYdX DOGE-USD+0.0100%1h0.09940+1.040%$223K$44K10xas long as short
Extended DOGE-USD+0.0104%1h0.09948+1.113%$549K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09921+0.843%$19K3xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09947+1.105%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09956+1.200%$526$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09912+0.753%$15.1M$23.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09933+0.966%$2.0M$22.4M50xas long as short
Backpack DOGE_USDC_PERP+0.0236%1h0.09935+0.986%$524K$931K15xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0264%1h0.09942+1.063%$307K200xas long as short
Kraken Futures PF_DOGEUSD+0.0288%1h0.09926+0.896%$5.9M$31.6M50xas long as short
Hyperliquid DOGE+0.0429%1h0.09955+1.187%$110.0M$79.0M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09959+1.230%$312K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09920+0.834%$5K$180K12xas long as short