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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.033%
Price spread now: edgeX against Deribit+1.052%75s7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.286% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.213%+$21 on $10k
Price spread, last 3 days (all we have)−1.135%−$114 · spread now +1.052%, 7d avg −0.038%
Together, before fees−0.922%+ Points / potential airdropedgeX: Active · farm board−$92 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 edgeX is 1.089% dearer against Deribit than usual: you sell high and buy low: +$109 more if the spread goes back to its 7-day average of −0.038%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.10050get 0.0000% / 1h36m 19s$608K$105K25x
ShortedgeX DOGEUSDC0.10160.0100get 0.0050% / 4h1h 36m$278K$114.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +1.052% → −0.038%
$108.93
Slippage, 4 orders
−$12.58
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$101.35
Costs to cover
0.286%
Break-even
from the start
Slippage from Deribit: live order book, 48 min ago; edgeX: live order book, 3 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, 48 min ago3.01 bp8.5 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago1.97 bp6.5 bp −$66.8 bp −$6813.7 bp −$1,372doesn'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−0.0270%8h0.1004−0.138%$153.4M$264.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1006+0.069%$409K$4.6M2.8xas long as short
Deribit DOGE_USDC-PERPETUALlong0.0000%1h0.1005long leg$608K$105K25x
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1005+0.020%$32K150xas long as short
dYdX DOGE-USD+0.0010%1h0.1006+0.058%$226K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1017+1.174%$16K$222K10xas long as short
Gate DOGE_USDT+0.0085%8h0.1005+0.001%$241.5M$122.7M75xas long as short
Lighter DOGE+0.0096%1h0.1005−0.009%$789K$5.3M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.1006+0.061%$2K$362K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1005+0.043%$705K$782K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1005+0.009%$5.2M$42.7M75xas long as short
Pacifica DOGE+0.0100%1h0.1007+0.165%$337K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1005−0.034%$323.3M$1.31B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1004−0.059%$162.5M$412.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1005−0.039%$109.4M$923.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1006+0.130%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1017+1.216%$390K$17K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1005+0.041%$111.2M$216.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1005+0.031%$65.7M$39.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1006+0.071%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1017+1.208%$954K$7.8Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.1016+1.052%$278K$114.4M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.1014+0.916%$645K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1014+0.897%$149K$241K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1005−0.019%$271K$536K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1005−0.009%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1005+0.016%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1005−0.014%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004−0.049%$2K$3.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1004−0.094%$6.0M$49.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1004−0.069%$93.0M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1006+0.082%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1005−0.045%$557K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1005−0.021%$19K3xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1005+0.032%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1006+0.108%$531$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1005+0.041%$2.0M$23.3M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1007+0.200%$15.4M$25.0M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0271%1h0.1005+0.026%$315K200xas long as short
Kraken Futures PF_DOGEUSD+0.0363%1h0.1004−0.090%$5.9M$32.5M50xas long as short
Hyperliquid DOGE+0.0414%1h0.1006+0.140%$111.1M$82.0M10xas long as short
Backpack DOGE_USDC_PERP+0.0420%1h0.1008+0.339%$540K$946K15xas long as short
RISEx DOGE/USDC+0.0702%1h0.1006+0.135%$315K$477K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1018+1.295%$5K$207K12xas long as short