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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0461%/8h= +50.5% APRnext payment +$0.58 per $10,000 · paid last 24h +0.132%
Price spread now: RISEx against Coinbase International−0.041%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.317%+$32 on $10k
Price spread, last 3 days (all we have)+0.101%+$10 · spread now −0.041%, 7d avg +0.021%
Together, before fees+0.418%+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.062% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.021%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.10100.0240pay 0.0030% / 1h36m 44s$2.0M$25.0M50x
ShortRISEx DOGE/USDC0.10100.0701get 0.0088% / 1h36m 44s$320K$478K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$96.87
Price spread: −0.041% → +0.021%
−$6.18
Slippage, 4 orders
−$14.76
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$59.93
Costs to cover
0.308%
Break-even
2.7 days
Slippage from Coinbase International: live order book, 2 min ago; RISEx: live order book, 37 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 ago1.99 bp8.2 bp −$814.8 bp −$14844.4 bp −$4,441doesn't fit
Sell RISEx live order book, 37 min ago3.02 bp6.0 bp −$611.5 bp −$115doesn't fitdoesn'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
Phemex DOGEUSDT−0.0466%8h0.1010−0.059%$93.2M$18.0M50xas long as short
Bitget DOGEUSDT−0.0190%8h0.1010−0.079%$153.8M$270.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1010−0.065%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1010−0.001%$402K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1009−0.089%$24K150xas long as short
dYdX DOGE-USD+0.0024%1h0.1010−0.030%$227K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1011+0.057%$800K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1009−0.129%$853$405K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1009−0.099%$518K$973K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1010−0.032%$5.1M$46.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1009−0.152%$336K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1011+0.030%$321.1M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1010−0.040%$160.2M$438.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1010−0.040%$110.7M$973.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1010−0.049%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.519%$385K$9K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1009−0.099%$245.7M$128.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1010−0.059%$115.0M$223.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1010−0.049%$66.1M$42.6M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1010−0.079%$76.0Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1010−0.040%$370K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.396%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1007−0.303%$265K$122.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1006−0.456%$637K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1008−0.238%$148K$267K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1009−0.099%$265K$554K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1009−0.099%$73K$428K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1010−0.075%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1010−0.063%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1010−0.069%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1010−0.087%$6.0M$52.4M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1009−0.179%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1010−0.070%$575K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1010−0.074%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0107%1h0.1010−0.041%$607K$121K25xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1010−0.071%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1010−0.005%$533$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1009−0.099%$15.4M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.1010long leg$2.0M$25.0M50x
Phoenix DOGE+0.0240%1h0.1007−0.316%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0263%1h0.1010−0.079%$311K200xas long as short
RISEx DOGE/USDCshort+0.0701%1h0.1010−0.041%$320K$478K10x
Hyperliquid DOGE+0.0854%1h0.1012+0.129%$122.2M$93.2M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1011+0.059%$5K$239K12xas long as short