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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.024%
Price spread now: edgeX against Coinbase International−0.372%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 3 days (all we have)+0.343%+$34 · spread now −0.372%, 7d avg −0.055%
Together, before fees+0.441%+ Points / potential airdropedgeX: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.317% cheaper against Coinbase International than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.055%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099620.0240pay 0.0030% / 1h50m 33s$2.0M$24.9M50x
ShortedgeX DOGEUSDC0.099250.0100get 0.0050% / 4h2h 50m$267K$126.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$29.4
Price spread: −0.372% → −0.055%
−$31.71
Slippage, 4 orders
−$11.94
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$92.05
Costs to cover
0.309%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; edgeX: live order book, 4 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, 4 min ago2.52 bp8.8 bp −$916.2 bp −$16252.5 bp −$5,247doesn't fit
Sell edgeX live order book, 4 min ago0.50 bp8.0 bp −$88.4 bp −$8415.6 bp −$1,559doesn'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−0.0144%8h0.09966+0.040%$151.0M$272.7M75xas long as short
dYdX DOGE-USD0.0000%1h0.09979+0.175%$224K$59K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09963+0.010%$410K$4.9M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09960−0.017%$595K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09953−0.092%$23K150xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09955−0.066%$5.8M$34.0M50xas long as short
Lighter DOGE+0.0096%1h0.09988+0.257%$764K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.09974+0.120%$833$427K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09981+0.186%$490K$978K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09982+0.196%$4.7M$47.8M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09984+0.221%$330K$517K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09978+0.161%$317.2M$1.42B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09978+0.161%$158.3M$441.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09976+0.141%$109.6M$972.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09992+0.301%$128K$181K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09960−0.020%$382K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09975+0.130%$241.1M$129.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09980+0.181%$112.3M$225.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09984+0.221%$65.7M$42.6M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09978+0.161%$76.6Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09970+0.080%$353K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09952−0.101%$953K$8.2Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.09925−0.372%$267K$126.4M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09945−0.170%$634K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09940−0.221%$145K$272K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09974+0.119%$257K$640K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09961−0.010%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09959−0.034%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09954−0.079%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09959−0.030%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.099620.000%$6.0M$54.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09966+0.040%$91.9M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09976+0.139%$526K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09957−0.055%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0119%8h0.09979+0.175%$18K$7K30xas long as short
Reya DOGERUSDPERP+0.0183%1h0.09971+0.094%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09983+0.213%$532$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.099620.000%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.09962long leg$2.0M$24.9M50x
Phoenix DOGE+0.0241%1h0.09929−0.331%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0268%1h0.09952−0.101%$311K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09986+0.246%$321K$406K10xas long as short
Hyperliquid DOGE+0.0701%1h0.09984+0.224%$121.3M$96.9M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09980+0.181%$5K$239K12xas long as short