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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0625%/8h= +68.4% APRpaid last 24h +0.167%
Price spread now: RISEx against Bybit+0.277%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$240.241% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.403%+$40 on $10k
Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.277%, 7d avg +0.056%
Together, before fees+0.110%+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and RISEx is 0.221% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DOGEUSDT0.097610.0006pay 0.0006% / 8h4h 50m$164.1M$493.0M75x
ShortRISEx DOGE/USDC0.097880.0631get 0.0079% / 1h50m 08s$406K$390K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$131.22
Price spread: +0.277% → +0.056%
$22.05
Slippage, 4 orders
−$7.12
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee RISEx: 3 bp × 2 orders
−$6
Net
$129.15
Costs to cover
0.241%
Break-even
0.1 days
Slippage from Bybit: live order book, 2 min ago; RISEx: live order book, 56 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 bp6.5 bp −$68.5 bp −$8518.5 bp −$1,85244.2 bp −$22.1K
Sell RISEx live order book, 56 min ago2.55 bp5.5 bp −$610.4 bp −$104doesn't fitdoesn't fit

DOGE on 44 exchanges

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−0.0080%1h0.09772+0.113%$5.3M$38.9M50xas long as short
Bitget DOGEUSDT−0.0053%8h0.09757−0.041%$137.8M$290.6M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09775+0.139%$501K$6.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09789+0.289%$33K150xas long as short
Bybit DOGEUSDTlong+0.0006%8h0.09761long leg$164.1M$493.0M75x
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.878%$6K$240K12xas long as short
dYdX DOGE-USD+0.0059%1h0.09766+0.048%$229K$75K10xas long as short
Gate DOGE_USDT+0.0068%8h0.097610.000%$251.6M$142.5M75xas long as short
Lighter DOGE+0.0096%1h0.09776+0.150%$802K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09781+0.205%$936$532K10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex DOGE-USD-PERP+0.0100%8h0.09768+0.068%$18K$5K30xas long as short
Nado DOGE-PERP+0.0100%1h0.09785+0.246%$509K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09771+0.107%$120.8M$107.2M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09761+0.002%$4.9M$57.4M75xas long as short
Pacifica DOGE+0.0100%1h0.09769+0.080%$309K$442K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09766+0.050%$322.5M$1.59B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09763+0.020%$116.8M$1.09B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09786+0.256%$15K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09786+0.261%$374K$5K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.097610.000%$115.4M$250.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09765+0.041%$64.0M$45.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09757−0.041%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09765+0.041%$308K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09762+0.009%$1.3M$7.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09783+0.229%$256K$124.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09785+0.246%$627K$3.9M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09790+0.297%$138K$345K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09785+0.249%$207K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09782+0.215%$67K$421K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09781+0.205%$18K$6K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09791+0.311%$34K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09782+0.215%$2K$5.2M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09770+0.093%$5.9M$64.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09764+0.031%$88.8M$15.7M50xas long as short
Extended DOGE-USD+0.0104%1h0.09777+0.165%$496K$3.4M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09783+0.227%$19K3xas long as short
Phoenix DOGE+0.0163%1h0.09778+0.174%$18K$306K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0169%1h0.09786+0.258%$547K$291K25xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09787+0.262%$450$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0206% / S −0.0187%1h0.09788+0.279%$286K200xas long as short
Reya DOGERUSDPERP+0.0209%1h0.09784+0.239%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09763+0.020%$15.4M$25.5M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09770+0.092%$2.3M$32.5M50xas long as short
RISEx DOGE/USDCshort+0.0631%1h0.09788+0.277%$406K$390K10x