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% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Bybit−0.595%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 3 days (all we have)+0.745%+$74 · spread now −0.595%, 7d avg +0.052%
Together, before fees+0.848%+$85 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: ApeX Omni is 0.648% cheaper against Bybit than usual: you would sell low and buy high, −$65 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DOGEUSDT0.099090.0100pay 0.0100% / 8h2h 26m$157.2M$397.1M75x
ShortApeX Omni DOGEUSDT0.098500.0100get 0.0013% / 1h26m 59s$140K$223K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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: −0.595% → +0.052%
−$64.78
Slippage, 4 orders
−$31.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$116.95
Costs to cover
0.522%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 59 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 Bybit live order book, 2 min ago0.51 bp6.9 bp −$711.1 bp −$11125.7 bp −$2,57346.5 bp −$23.3K
Sell ApeX Omni live order book, 59 min ago5.02 bp15.6 bp −$1655.6 bp −$556doesn't fitdoesn'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−0.0280%8h0.09906−0.030%$152.4M$260.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09907−0.019%$360K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09918+0.088%$620K$103K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09912+0.030%$32K150xas long as short
Gate DOGE_USDT+0.0066%8h0.09908−0.010%$235.6M$119.6M75xas long as short
Phoenix DOGE+0.0080%1h0.09864−0.458%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09902−0.071%$827$337K10xas long as short
Lighter DOGE+0.0096%1h0.09915+0.066%$786K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09899−0.101%$628K$695K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09914+0.050%$4.8M$40.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09902−0.068%$335K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09914+0.050%$314.5M$1.26B75xas long as short
Bybit DOGEUSDTlong+0.0100%8h0.09909long leg$157.2M$397.1M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.09916+0.071%$108.4M$887.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.099090.000%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09838−0.717%$377K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09915+0.061%$112.8M$217.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09913+0.040%$65.0M$39.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09914+0.050%$73.3Mas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.585%$915K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09849−0.603%$262K$112.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09857−0.524%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.09850−0.595%$140K$223K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09901−0.078%$272K$527K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09915+0.061%$57K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09914+0.055%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09919+0.100%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09916+0.071%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09912+0.028%$6.0M$46.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09913+0.040%$92.0M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09905−0.044%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09911+0.024%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09915+0.063%$19K3xas long as short
dYdX DOGE-USD+0.0107%1h0.09896−0.130%$222K$44K10xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09905−0.045%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09906−0.028%$523$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09912+0.030%$15.1M$23.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09915+0.061%$2.0M$22.3M50xas long as short
Backpack DOGE_USDC_PERP+0.0226%1h0.09921+0.121%$524K$930K15xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09910+0.012%$305K200xas long as short
Kraken Futures PF_DOGEUSD+0.0289%1h0.09913+0.042%$5.9M$31.6M50xas long as short
Hyperliquid DOGE+0.0429%1h0.09924+0.146%$109.7M$78.9M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09912+0.030%$311K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09920+0.111%$5K$180K12xas long as short