Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against Bulk+0.142%7-day average −0.048% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bulk Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.142%, 7d avg −0.048%

Together, before fees−0.119%+ Points / potential airdropVariational Omni: Active · farm board−$12 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: Variational Omni is 0.189% dearer against Bulk than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk DOGE-USD	0.09870	0.0100	pay 0.0013% / 1h	32m 01s	$378K	$5K	10x
Short	Variational Omni DOGE	0.09884	0.0100	get 0.0100% / 8h	6h 32m	$973K	$8.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BulkbpFee Variational OmnibpOrdersPrice spread, now +0.142%Rate

Funding earned: $0
Price spread: +0.142% → −0.048%: $18.95
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $11.95
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Bulk: live order book, 37 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bulk live order book, 37 min ago	4.95 bp	8.4 bp −$8	8.4 bp −$84	9.6 bp −$961	21.7 bp −$10.9K
Sell Variational Omni RFQ quote, 2 min ago	4.04 bp	doesn't fit	7.1 bp −$71	doesn't fit	doesn't fit

DOGE on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDT	−0.0121%	8h	0.09896	+0.263%	$150.0M	$273.4M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09879	+0.090%	$389K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09912	+0.428%	$23K	—	150x	as long as short
dYdX DOGE-USD	+0.0021%	1h	0.09918	+0.485%	$223K	$51K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0043%	1h	0.09915	+0.461%	$592K	$118K	25x	as long as short
Kraken Futures PF_DOGEUSD	+0.0067%	1h	0.09909	+0.399%	$5.8M	$34.1M	50x	as long as short
Lighter DOGE	+0.0096%	1h	0.09913	+0.439%	$770K	$6.0M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09918	+0.486%	$829	$429K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09928	+0.593%	$484K	$971K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09911	+0.420%	$4.6M	$48.4M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.09922	+0.532%	$327K	$504K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09910	+0.410%	$313.8M	$1.43B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09908	+0.385%	$156.9M	$442.3M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09912	+0.426%	$109.2M	$975.4M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09933	+0.638%	$128K	$178K	10x	as long as short
Bulk DOGE-USDlong	+0.0100%	1h	0.09870	long leg	$378K	$5K	10x
Gate DOGE_USDT	+0.0100%	8h	0.09903	+0.334%	$240.7M	$131.8M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09907	+0.375%	$109.1M	$229.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09908	+0.385%	$65.5M	$43.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09909	+0.395%	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09910	+0.405%	$343K	$1.1M	15x	as long as short
Variational Omni DOGEshort	+0.0100%	8h	0.09884	+0.142%	$973K	$8.2M	—
edgeX DOGEUSDC	+0.0100%	4h	0.09884	+0.138%	$271K	$128.3M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09887	+0.168%	$622K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09880	+0.101%	$144K	$276K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09924	+0.547%	$256K	$642K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09916	+0.466%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09914	+0.442%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09919	+0.496%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09912	+0.426%	$2K	$3.7M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09918	+0.490%	$5.9M	$54.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09906	+0.365%	$91.3M	$17.1M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09905	+0.358%	$523K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09917	+0.479%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0112%	8h	0.09922	+0.530%	$18K	$6K	30x	as long as short
Reya DOGERUSDPERP	+0.0184%	1h	0.09928	+0.586%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.09923	+0.539%	$529	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09925	+0.557%	$2.0M	$25.0M	50x	as long as short
Phoenix DOGE	+0.0241%	1h	0.09898	+0.285%	$64K	$284K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0245% / S −0.0267%	1h	0.09914	+0.448%	$309K	—	200x	as long as short
RISEx DOGE/USDC	+0.0563%	1h	0.09926	+0.567%	$319K	$404K	10x	as long as short
Hyperliquid DOGE	+0.0708%	1h	0.09921	+0.514%	$120.7M	$97.3M	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.09920	+0.507%	$5K	$239K	12x	as long as short