Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: Extended against Bybit−0.038%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.235% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.102%+$10 on $10k

Price spread, last 7 days+0.062%+$6 · spread now −0.038%, 7d avg −0.049%

Together, before fees+0.164%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DOGEUSDT	0.1013	0.0100	pay 0.0100% / 8h	4h 01m	$166.9M	$453.2M	75x
Short	Extended DOGE-USD	0.1013	0.0104	get 0.0013% / 1h	1m 59s	$496K	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BybitbpFee ExtendedbpOrdersPrice spread, now −0.038%Rate

Funding earned: $0.84
Price spread: −0.038% → −0.049%: $1.09
Slippage, 4 orders: −$7.54
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$21.61
Costs to cover: 0.235%
Break-even: 187.0 days

Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 2 min ago.

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 Bybit live order book, 2 min ago	0.50 bp	7.5 bp −$8	10.0 bp −$100	23.3 bp −$2,326	44.0 bp −$22.0K
Sell Extended live order book, 2 min ago	0.50 bp	3.9 bp −$4	5.7 bp −$57	13.3 bp −$1,327	doesn't fit

DOGE on 44 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
Kraken Futures PF_DOGEUSD	−0.0031%	1h	0.1014	+0.082%	$5.7M	$35.8M	50x	as long as short
Bitget DOGEUSDT	−0.0024%	8h	0.1013	−0.059%	$152.7M	$278.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1015	+0.146%	$480K	$5.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1013	+0.008%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0011%	1h	0.1013	−0.038%	$227K	$48K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1014	+0.102%	$740K	$6.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1013	−0.079%	$916	$470K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1014	+0.039%	$533K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1014	+0.068%	$4.7M	$50.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1013	−0.074%	$328K	$484K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1013	−0.004%	$331.0M	$1.49B	75x	as long as short
Bybit DOGEUSDTlong	+0.0100%	8h	0.1013	long leg	$166.9M	$453.2M	75x
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1013	+0.010%	$116.4M	$1.04B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1005	−0.849%	$386K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1013	−0.039%	$250.0M	$136.4M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1013	0.000%	$113.6M	$237.3M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1014	+0.089%	$67.8M	$44.5M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1013	0.000%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1014	+0.039%	$322K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1006	−0.713%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1005	−0.849%	$305K	$131.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1009	−0.463%	$638K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1005	−0.829%	$147K	$292K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1013	−0.039%	$262K	$877K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1014	+0.079%	$71K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1014	+0.060%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1015	+0.131%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1014	+0.099%	$2K	$4.1M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1014	+0.024%	$6.1M	$59.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1014	+0.069%	$93.2M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1013	−0.002%	$18K	$7K	30x	as long as short
Extended DOGE-USDshort	+0.0104%	1h	0.1013	−0.038%	$496K	$4.1M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.1014	+0.078%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0190%	1h	0.1014	+0.022%	$2K	—	20x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0214%	1h	0.1015	+0.111%	$607K	$119K	25x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1011	−0.257%	$16.0M	$25.7M	75x	as long as short
01 Exchange DOGEUSD	+0.0224%	1h	0.1014	+0.049%	$540	$4K	10x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1006	−0.750%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0267%	1h	0.1013	0.000%	$315K	—	200x	as long as short
Hyperliquid DOGE	+0.0270%	1h	0.1013	+0.010%	$124.1M	$102.5M	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0296%	1h	0.1015	+0.128%	$2.1M	$28.5M	50x	as long as short
Arcus DOGE-USD	+0.0690%	1h	0.1014	+0.109%	$111K	$199K	10x	as long as short
RISEx DOGE/USDC	+0.0695%	1h	0.1014	+0.044%	$411K	$415K	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1015	+0.158%	$5K	$239K	12x	as long as short