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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Bybit−0.431%48s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)+0.482%+$48 · spread now −0.431%, 7d avg +0.029%
Together, before fees+0.581%+ Points / potential airdropPacifica: Active · farm board+$58 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: Pacifica is 0.459% cheaper against Bybit than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DOGEUSDT0.10080.0100pay 0.0100% / 8h4h 03m$165.4M$453.1M75x
ShortPacifica DOGE0.10040.0100get 0.0013% / 1h3m 54s$325K$484K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.431% → +0.029%
−$45.92
Slippage, 4 orders
−$14.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$78.95
Costs to cover
0.330%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Pacifica: live order book, 55 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, 5 min ago0.49 bp6.6 bp −$712.8 bp −$12824.9 bp −$2,48745.7 bp −$22.9K
Sell Pacifica live order book, 55 min ago4.55 bp9.7 bp −$10doesn't fitdoesn'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
Kraken Futures PF_DOGEUSD−0.0031%1h0.1008−0.034%$5.7M$35.8M50xas long as short
Bitget DOGEUSDT−0.0026%8h0.1008−0.040%$152.1M$278.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1006−0.257%$480K$5.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1006−0.236%$24K150xas long as short
dYdX DOGE-USD+0.0011%1h0.1004−0.436%$225K$49K10xas long as short
Lighter DOGE+0.0096%1h0.1009+0.086%$736K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1004−0.397%$2K$467K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1008−0.053%$4.7M$50.1M75xas long as short
Pacifica DOGEshort+0.0100%1h0.1004−0.431%$325K$484K20x
Binance DOGEUSDT+0.0100%8h0.1008+0.020%$329.4M$1.48B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDTlong+0.0100%8h0.1008long leg$165.4M$453.1M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.10080.000%$115.8M$1.04B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.328%$386K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1008−0.030%$248.4M$136.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1008+0.030%$112.7M$237.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1008+0.030%$67.2M$44.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1008−0.010%$77.0Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1008−0.010%$320K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.191%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1008−0.034%$306K$131.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1009+0.060%$638K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1007−0.109%$146K$291K25xas long as short
Nado DOGE-PERP+0.0100%1h0.1006−0.228%$529K$1.0M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1006−0.238%$261K$877K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1007−0.159%$71K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1007−0.158%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1005−0.284%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1007−0.119%$2K$4.1M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1008−0.026%$6.0M$58.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1008+0.030%$92.7M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1003−0.485%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1008−0.028%$494K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1007−0.149%$19K3xas long as short
Reya DOGERUSDPERP+0.0190%1h0.1006−0.216%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.1005−0.283%$536$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1004−0.407%$15.8M$25.5M75xas long as short
Phoenix DOGE+0.0242%1h0.1009+0.070%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.1006−0.209%$313K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0257%1h0.1007−0.118%$602K$119K25xas long as short
Hyperliquid DOGE+0.0262%1h0.1009+0.079%$123.4M$102.3M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.1008−0.060%$2.1M$28.3M50xas long as short
Arcus DOGE-USD+0.0690%1h0.1006−0.218%$110K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.1005−0.278%$407K$415K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1008−0.010%$5K$239K12xas long as short