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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.050%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 7 days−0.048%−$5 · spread now +0.050%, 7d avg +0.004%
Together, before fees−0.001%$0 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: OKX is 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DOGEUSDT0.099160.0100pay 0.0100% / 8h2h 26m$157.3M$397.1M75x
ShortOKX DOGE-USDT-SWAP0.099210.0100get 0.0100% / 8h2h 26m$108.4M$887.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.050% → +0.004%
$4.68
Slippage, 4 orders
−$6.96
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$23.28
Costs to cover
0.280%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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 OKX live order book, 2 min ago0.51 bp6.0 bp −$68.7 bp −$8721.3 bp −$2,13057.9 bp −$28.9K

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%8h0.099160.000%$152.6M$260.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09907−0.090%$360K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09918+0.017%$620K$103K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09912−0.040%$32K150xas long as short
Gate DOGE_USDT+0.0066%8h0.09914−0.020%$235.8M$119.6M75xas long as short
Phoenix DOGE+0.0080%1h0.09864−0.528%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09902−0.141%$827$337K10xas long as short
Lighter DOGE+0.0096%1h0.09915−0.005%$786K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09899−0.171%$628K$695K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09914−0.020%$4.8M$40.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09902−0.138%$335K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09920+0.040%$314.7M$1.26B75xas long as short
Bybit DOGEUSDTlong+0.0100%8h0.09916long leg$157.3M$397.1M75x
OKX DOGE-USDT-SWAPshort+0.0100%8h0.09921+0.050%$108.4M$887.9M50x
Arcus DOGE-USD+0.0100%1h0.09909−0.071%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09838−0.787%$377K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09915−0.010%$112.7M$218.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09913−0.030%$65.0M$39.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09917+0.010%$73.3Mas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.655%$915K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09849−0.673%$262K$112.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09857−0.595%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09850−0.666%$140K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09901−0.148%$272K$527K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09915−0.010%$57K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09914−0.016%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09919+0.029%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.099160.000%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09912−0.042%$6.0M$46.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09913−0.030%$92.0M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09905−0.115%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09911−0.047%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09915−0.008%$19K3xas long as short
dYdX DOGE-USD+0.0107%1h0.09896−0.201%$222K$44K10xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09905−0.116%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09906−0.099%$523$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09912−0.040%$15.1M$23.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09915−0.010%$2.0M$22.3M50xas long as short
Backpack DOGE_USDC_PERP+0.0226%1h0.09921+0.050%$524K$930K15xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09910−0.058%$305K200xas long as short
Kraken Futures PF_DOGEUSD+0.0289%1h0.09913−0.028%$5.9M$31.6M50xas long as short
Hyperliquid DOGE+0.0431%1h0.09927+0.111%$109.7M$78.9M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09912−0.040%$311K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09920+0.040%$5K$180K12xas long as short