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: SoDEX against Bybit−0.020%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.020%, 7d avg +0.015%
Together, before fees+0.023%+$2 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: SoDEX is 0.035% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DOGEUSDT0.099110.0100pay 0.0100% / 8h4h 43m$160.9M$443.3M75x
ShortSoDEX DOGE-USD0.099090.0100get 0.0013% / 1h43m 52s$2K$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.020% → +0.015%
−$3.49
Slippage, 4 orders
−$2.96
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$25.45
Costs to cover
0.220%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; SoDEX: live order book, 5 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 ago0.51 bp6.0 bp −$69.6 bp −$9621.2 bp −$2,11940.5 bp −$20.3K
Sell SoDEX live order book, 5 min ago0.51 bp4.7 bp −$58.1 bp −$81142.7 bp −$14.3Kdoesn'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
Bitget DOGEUSDT−0.0058%8h0.09904−0.071%$149.7M$275.1M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09911−0.004%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09895−0.159%$431K$5.2M2.8xas long as short
dYdX DOGE-USD0.0000%1h0.09883−0.287%$222K$49K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09906−0.053%$23K150xas long as short
Polymarket Perps DOGE-USD+0.0059%1h0.09902−0.096%$258K$831K10xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09898−0.131%$894$448K10xas long as short
Lighter DOGE+0.0096%1h0.09913+0.024%$728K$6.2M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09900−0.108%$525K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09912+0.013%$4.5M$49.0M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09893−0.178%$321K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09912+0.010%$316.5M$1.45B75xas long as short
Bybit DOGEUSDTlong+0.0100%8h0.09911long leg$160.9M$443.3M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.09910−0.010%$110.8M$990.5M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.262%$380K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09907−0.040%$242.9M$133.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.099110.000%$111.2M$234.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.099110.000%$65.4M$43.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09910−0.010%$76.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09913+0.020%$311K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09876−0.356%$1.0M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09865−0.464%$293K$129.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09854−0.574%$620K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.515%$143K$283K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09908−0.030%$69K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09904−0.066%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09914+0.035%$35K$2.2M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09909−0.020%$2K$4.0M10x
HTX DOGE-USDT+0.0100%8h0.09906−0.046%$5.9M$57.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09914+0.030%$91.1M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09887−0.238%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09906−0.046%$495K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09905−0.060%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0113%1h0.09908−0.028%$592K$118K25xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09907−0.037%$528$4K10xas long as short
Reya DOGERUSDPERP+0.0189%1h0.09908−0.035%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09875−0.363%$15.5M$25.0M75xas long as short
Phoenix DOGE+0.0242%1h0.09874−0.372%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09906−0.049%$310K200xas long as short
Hyperliquid DOGE+0.0286%1h0.09920+0.090%$120.7M$100.2M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09914+0.030%$2.3M$26.7M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09915+0.040%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09910−0.012%$400K$412K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09900−0.111%$5K$239K12xas long as short