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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.025%
Price spread now: HTX against Coinbase International−0.096%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.096%, 7d avg +0.005%
Together, before fees+0.228%+$23 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 HTX is 0.101% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.005%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099930.0248pay 0.0031% / 1h32m 20s$2.3M$26.2M50x
ShortHTX DOGE-USDT0.099830.0100get 0.0100% / 8h5h 32m$5.9M$56.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$31.08
Price spread: −0.096% → +0.005%
−$10.15
Slippage, 4 orders
−$13.44
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$76.67
Costs to cover
0.354%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; HTX: 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 ago2.01 bp10.1 bp −$1014.6 bp −$14643.1 bp −$4,313doesn't fit
Sell HTX live order book, 2 min ago0.35 bp7.7 bp −$813.8 bp −$13855.1 bp −$5,507doesn'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−0.0090%8h0.09972−0.210%$151.0M$273.9M75xas long as short
dYdX DOGE-USD0.0000%1h0.09980−0.134%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09987−0.063%$444K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09985−0.083%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0021%1h0.09980−0.127%$596K$118K25xas long as short
Lighter DOGE+0.0096%1h0.09985−0.080%$783K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09985−0.080%$3K$441K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09989−0.045%$532K$993K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09988−0.050%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09990−0.033%$328K$483K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09988−0.050%$319.7M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09986−0.070%$161.0M$441.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09980−0.130%$111.6M$989.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985−0.082%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09985−0.080%$243.1M$132.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09987−0.060%$111.9M$230.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09986−0.070%$66.1M$43.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09987−0.060%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09982−0.110%$329K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09987−0.065%$981K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09984−0.094%$297K$129.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09992−0.009%$635K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.070%$146K$278K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09984−0.094%$255K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09981−0.120%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09977−0.156%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.099930.000%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09981−0.120%$2K$3.9M10xas long as short
HTX DOGE-USDTshort+0.0100%8h0.09983−0.096%$5.9M$56.6M75x
Phemex DOGEUSDT+0.0100%8h0.09981−0.120%$91.9M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.09986−0.073%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09977−0.163%$510K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09981−0.124%$19K3xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09984−0.088%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09994+0.007%$533$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09982−0.110%$15.7M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09961−0.323%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.09985−0.076%$311K200xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0248%1h0.09993long leg$2.3M$26.2M50x
Kraken Futures PF_DOGEUSD+0.0306%1h0.09978−0.151%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0470%1h0.09998+0.047%$122.1M$99.7M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09995+0.015%$402K$365K10xas long as short
Arcus DOGE-USD+0.0781%1h0.1000+0.080%$129K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.09980−0.130%$5K$239K12xas long as short