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+0.0048%/8h= +5.3% APRpaid last 24h +0.032%
Price spread now: BingX against Deribit+0.106%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.106% dearer against Deribit than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.099280.0052pay 0.0006% / 1h28m 48s$593K$118K25x
ShortBingX DOGE-USDT0.099380.0100get 0.0100% / 8h6h 28m$76.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$10.08
Price spread: +0.106% → 0.000%
$10.58
Slippage, 4 orders
−$13.11
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
−$9.45
Costs to cover
0.301%
Break-even
13.6 days
Slippage from Deribit: live order book, 40 min ago; BingX: live order book, 5 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, 40 min ago4.46 bp8.0 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago1.01 bp6.0 bp −$67.6 bp −$7615.1 bp −$1,51129.0 bp −$14.5K

DOGE on 43 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−0.0118%8h0.09930+0.025%$150.4M$273.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09950+0.230%$391K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09931+0.030%$23K150xas long as short
dYdX DOGE-USD+0.0018%1h0.09942+0.150%$223K$49K10xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0052%1h0.09928long leg$593K$118K25x
Kraken Futures PF_DOGEUSD+0.0067%1h0.09919−0.084%$5.8M$34.1M50xas long as short
Lighter DOGE+0.0096%1h0.09946+0.188%$772K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09943+0.156%$831$427K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09941+0.136%$523K$987K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09936+0.086%$4.7M$48.3M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09948+0.206%$327K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09950+0.227%$315.0M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09951+0.237%$157.5M$442.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09953+0.257%$109.5M$979.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09965+0.378%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09870−0.579%$378K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09932+0.045%$240.8M$132.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09952+0.247%$110.5M$229.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09952+0.247%$65.8M$43.0M75xas long as short
BingX DOGE-USDTshort+0.0100%8h0.09938+0.106%$76.6M
Backpack DOGE_USDC_PERP+0.0100%1h0.09928+0.005%$343K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09898−0.297%$985K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09906−0.215%$272K$128.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09885−0.428%$621K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910−0.176%$145K$270K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09940+0.126%$256K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09933+0.055%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09931+0.037%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09950+0.227%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09925−0.025%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09921−0.062%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09924−0.035%$91.5M$17.2M50xas long as short
Extended DOGE-USD+0.0104%1h0.09932+0.049%$525K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09929+0.017%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0111%8h0.09950+0.223%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09934+0.064%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09951+0.235%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09952+0.247%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0241%1h0.09925−0.027%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09933+0.059%$309K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09952+0.249%$400K$367K10xas long as short
Hyperliquid DOGE+0.0713%1h0.09950+0.228%$121.1M$97.5M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09950+0.227%$5K$239K12xas long as short