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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0496%/8h= −54.3% APRpaid last 24h −0.013%
Price spread now: Bitget against Coinbase International−0.070%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$350.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 3 days (all we have)+0.104%+$10 · spread now −0.070%, 7d avg −0.051%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099820.0224pay 0.0028% / 1h57m 16s$2.0M$22.2M50x
ShortBitget DOGEUSDT0.09975−0.0272pay 0.0272% / 8h2h 57m$153.4M$259.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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
−$104.16
Price spread: −0.070% → −0.051%
−$1.92
Slippage, 4 orders
−$13.46
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$141.54
Costs to cover
0.355%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Bitget: 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 Coinbase International live order book, 2 min ago2.00 bp9.5 bp −$915.4 bp −$15444.4 bp −$4,443doesn't fit
Sell Bitget live order book, 2 min ago0.50 bp8.0 bp −$810.3 bp −$10321.7 bp −$2,17331.4 bp −$15.7K

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 DOGEUSDTshort−0.0272%8h0.09975−0.070%$153.4M$259.2M75x
Kalshi KXDOGEPERP0.0000%8h0.09982+0.001%$338K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09984+0.020%$624K$89K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09979−0.034%$33K150xas long as short
01 Exchange DOGEUSD+0.0064%1h0.09984+0.021%$527$4K10xas long as short
Gate DOGE_USDT+0.0070%8h0.09975−0.070%$237.3M$117.5M75xas long as short
Phoenix DOGE+0.0081%1h0.09994+0.123%$17K$225K10xas long as short
Katana Perps DOGE-USD+0.0094%8h0.09984+0.020%$854$328K10xas long as short
Lighter DOGE+0.0096%1h0.09992+0.100%$814K$5.0M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09979−0.025%$712K$656K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09983+0.010%$4.9M$40.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09979−0.026%$342K$524K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09986+0.041%$320.4M$1.25B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09986+0.040%$156.6M$394.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09988+0.060%$108.6M$890.8M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09985+0.030%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.381%$384K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09988+0.060%$113.6M$201.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09987+0.050%$65.9M$38.8M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09986+0.040%$73.1Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09991+0.090%$526K$804K15xas long as short
Variational Omni DOGE+0.0100%8h0.1004+0.558%$1.1M$7.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002+0.357%$266K$109.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1002+0.342%$631K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.281%$143K$221K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09980−0.019%$278K$551K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.099820.000%$73K$359K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09982+0.004%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09983+0.012%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.099820.000%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09989+0.068%$6.0M$45.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09985+0.030%$92.7M$18.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09972−0.104%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09980−0.016%$541K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09983+0.011%$19K3xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09981−0.009%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09983+0.010%$15.4M$23.9M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0224%1h0.09982long leg$2.0M$22.2M50x
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0212%1h0.09978−0.037%$337K200xas long as short
dYdX DOGE-USD+0.0248%1h0.09971−0.110%$224K$44K10xas long as short
Kraken Futures PF_DOGEUSD+0.0286%1h0.09987+0.046%$6.9M$30.4M50xas long as short
RISEx DOGE/USDC+0.0536%1h0.09986+0.042%$314K$485K10xas long as short
Hyperliquid DOGE+0.0697%1h0.1000+0.190%$115.8M$74.2M10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.1001+0.281%$5K$153K12xas long as short