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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h −0.006%
Price spread now: dYdX against Bybit−0.029%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1561.556% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.029%, 7d avg +0.010%
Together, before fees+0.055%+$6 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: dYdX is 0.039% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DOGEUSDT0.098990.0100pay 0.0100% / 8h2h 27m$157.0M$397.0M75x
ShortdYdX DOGE-USD0.098960.0107get 0.0013% / 1h27m 45s$222K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$1.4
Price spread: −0.029% → +0.010%
−$3.9
Slippage, 4 orders
−$134.63
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$158.13
Costs to cover
1.556%
Break-even
798.9 days
Slippage from Bybit: live order book, 1 min ago; dYdX: live order book, 61 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, 1 min ago0.51 bp6.9 bp −$711.1 bp −$11125.7 bp −$2,57346.5 bp −$23.3K
Sell dYdX live order book, 61 min ago52.03 bp75.7 bp −$76218.6 bp −$2,186293.8 bp −$29.4K441.7 bp −$220.8K

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%8h0.09891−0.081%$152.1M$260.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09881−0.183%$360K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09881−0.183%$618K$103K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09869−0.303%$32K150xas long as short
Gate DOGE_USDT+0.0066%8h0.09894−0.051%$235.3M$119.5M75xas long as short
Phoenix DOGE+0.0080%1h0.09864−0.358%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09867−0.323%$824$337K10xas long as short
Lighter DOGE+0.0096%1h0.09902+0.028%$785K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09861−0.384%$626K$694K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09900+0.010%$4.8M$40.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09902+0.033%$335K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09902+0.030%$314.1M$1.26B75xas long as short
Bybit DOGEUSDTlong+0.0100%8h0.09899long leg$157.0M$397.0M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.09904+0.051%$108.1M$886.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09876−0.232%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09838−0.617%$377K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09905+0.061%$112.8M$216.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.098990.000%$64.9M$39.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09898−0.010%$73.3Mas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.484%$915K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09849−0.503%$262K$112.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09857−0.424%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09850−0.495%$140K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09867−0.328%$271K$527K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09879−0.202%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09877−0.220%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09875−0.242%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09877−0.222%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09893−0.064%$5.9M$46.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09884−0.152%$91.7M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09905+0.057%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09897−0.021%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09880−0.192%$19K3xas long as short
dYdX DOGE-USDshort+0.0107%1h0.09896−0.029%$222K$44K10x
Reya DOGERUSDPERP+0.0174%1h0.09865−0.348%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09875−0.240%$521$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0218%1h0.09903+0.040%$523K$930K15xas long as short
BloFin DOGE-USDT+0.0220%8h0.09859−0.404%$15.1M$23.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09883−0.162%$2.0M$22.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09867−0.318%$304K200xas long as short
Kraken Futures PF_DOGEUSD+0.0290%1h0.09877−0.220%$5.9M$31.6M50xas long as short
Hyperliquid DOGE+0.0430%1h0.09911+0.118%$109.6M$78.9M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09878−0.207%$310K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09860−0.394%$5K$180K12xas long as short