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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.032%
Price spread now: SunX against Coinbase International−0.005%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$650.655% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.005%, 7d avg +0.010%
Together, before fees+0.126%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.079%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099990.0240pay 0.0030% / 1h36m 32s$1.9M$34.8M50x
ShortSunX DOGE-USDT0.099990.0100get 0.0100% / 8h1h 36m$35K$2.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.005% → +0.010%
−$1.46
Slippage, 4 orders
−$47.48
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$96.34
Costs to cover
0.655%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; SunX: live order book, 10 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, 3 min ago2.00 bp11.2 bp −$1116.4 bp −$16437.9 bp −$3,793doesn't fit
Sell SunX live order book, 10 min ago17.78 bp24.3 bp −$2431.7 bp −$317doesn'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
Kraken Futures PF_DOGEUSD−0.0082%1h0.09997−0.019%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09962−0.367%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09989−0.105%$611K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09994−0.054%$34K150xas long as short
Polymarket Perps DOGE-USD+0.0019%1h0.09990−0.088%$266K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.311%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0069%8h0.09964−0.350%$142.0M$344.0M75xas long as short
Phoenix DOGE+0.0080%1h0.09964−0.353%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09983−0.157%$850K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09994−0.050%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09974−0.248%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09977−0.225%$319K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09973−0.260%$327.5M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09959−0.400%$165.1M$520.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09961−0.380%$117.7M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09965−0.338%$383K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09969−0.300%$249.3M$155.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09973−0.260%$110.4M$257.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09976−0.230%$66.4M$50.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09970−0.290%$80.9Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09982−0.170%$304K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09969−0.302%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09975−0.245%$304K$140.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09977−0.222%$630K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.190%$149K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09995−0.040%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09978−0.209%$19K$7K10xas long as short
SunX DOGE-USDTshort+0.0100%8h0.09999−0.005%$35K$2.3M30x
SoDEX DOGE-USD+0.0100%1h0.09996−0.030%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09996−0.026%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09987−0.120%$91.7M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09974−0.246%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09968−0.314%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09996−0.030%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09971−0.280%$2K$533K10xas long as short
Hyperliquid DOGE+0.0120%1h0.09984−0.146%$123.9M$116.3M10xas long as short
Reya DOGERUSDPERP+0.0197%1h0.09994−0.047%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09994−0.050%$16.3M$27.1M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0240%1h0.09999−0.002%$574K$252K25xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.09999long leg$1.9M$34.8M50x
GMX DOGE/USD [ETH-USDC]L +0.0251% / S −0.0297%1h0.09995−0.039%$314K200xas long as short
01 Exchange DOGEUSD+0.0256%1h0.09982−0.174%$444$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.09973−0.260%$24K$304K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1001+0.061%$403K$452K10xas long as short