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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.033%
Price spread now: ApeX Omni against Deribit+0.142%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$600.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.142%, 7d avg +0.019%
Together, before fees+0.058%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.124% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.10130get 0.0000% / 1h50m 47s$609K$109K25x
ShortApeX Omni DOGEUSDT0.10140.0100get 0.0013% / 1h50m 47s$149K$248K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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
$21
Price spread: +0.142% → +0.019%
$12.37
Slippage, 4 orders
−$43.26
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$26.89
Costs to cover
0.603%
Break-even
16.0 days
Slippage from Deribit: live order book, 28 min ago; ApeX Omni: live order book, 26 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 Deribit live order book, 28 min ago4.98 bp8.5 bp −$814.4 bp −$144doesn't fitdoesn't fit
Sell ApeX Omni live order book, 26 min ago4.98 bp19.4 bp −$1955.7 bp −$557doesn'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
Bitget DOGEUSDT−0.0248%8h0.1013+0.043%$154.6M$267.8M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1014+0.122%$422K$4.7M2.8xas long as short
Deribit DOGE_USDC-PERPETUALlong0.0000%1h0.1013long leg$609K$109K25x
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1012−0.021%$33K150xas long as short
Gate DOGE_USDT+0.0085%8h0.1013+0.093%$244.9M$125.3M75xas long as short
Lighter DOGE+0.0096%1h0.1013+0.005%$804K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1014+0.122%$847$378K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1014+0.113%$604K$893K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1014+0.096%$5.1M$44.6M75xas long as short
Pacifica DOGE+0.0100%1h0.1013+0.083%$338K$504K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1014+0.161%$323.7M$1.34B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1014+0.182%$160.3M$427.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1015+0.221%$111.0M$950.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1014+0.172%$28K$79K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1004−0.883%$385K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1014+0.142%$114.5M$218.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1014+0.122%$66.9M$41.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1013+0.083%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.617%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1011−0.126%$279K$117.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1012−0.065%$644K$4.5M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.1014+0.142%$149K$248K25x
Polymarket Perps DOGE-USD+0.0100%1h0.1013+0.073%$265K$551K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1012−0.016%$74K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1012−0.025%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1013+0.076%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1013−0.006%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1013+0.065%$6.1M$51.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1012−0.095%$93.6M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1013+0.057%$18K$5K30xas long as short
Kraken Futures PF_DOGEUSD+0.0103%1h0.1012−0.053%$6.0M$33.0M50xas long as short
Extended DOGE-USD+0.0104%1h0.1014+0.098%$567K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1013−0.001%$19K3xas long as short
dYdX DOGE-USD+0.0156%1h0.1013+0.027%$227K$44K10xas long as short
Reya DOGERUSDPERP+0.0178%1h0.1013+0.010%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1012−0.065%$15.3M$25.4M75xas long as short
Phoenix DOGE+0.0239%1h0.1013+0.040%$67K$281K10xas long as short
01 Exchange DOGEUSD+0.0240%1h0.1015+0.199%$536$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1012−0.036%$2.0M$24.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.1012−0.019%$315K200xas long as short
Backpack DOGE_USDC_PERP+0.0455%1h0.1012−0.045%$541K$960K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.1015+0.203%$318K$475K10xas long as short
Hyperliquid DOGE+0.0908%1h0.1013+0.073%$116.0M$86.1M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.1014+0.142%$5K$239K12xas long as short