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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0272%/8h= +29.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.079%
Price spread now: GMX against Deribit−0.043%7-day average +0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.238%+$24 on $10k
Price spread, last 3 days (all we have)+0.064%+$6 · spread now −0.043%, 7d avg +0.021%
Together, before fees+0.302%+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.063% cheaper against Deribit than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.021%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.10120get 0.0000% / 1h12m 32s$608K$120K25x
ShortGMX DOGE/USD [ETH-USDC]0.1011L +0.0247% / S −0.0272%get 0.0034% / 1h12m 32s$318K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$57.02
Price spread: −0.043% → +0.021%
−$6.32
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$31.7
Costs to cover
0.190%
Break-even
3.1 days
Slippage unknown: Deribit: live order book, 61 min ago; GMX: no order-book sample. Net counts fees only.

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, 61 min ago3.53 bp11.0 bp −$1116.3 bp −$163doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0169%8h0.1008−0.393%$153.1M$271.6M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1009−0.255%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1016+0.402%$396K$4.9M2.8xas long as short
Deribit DOGE_USDC-PERPETUALlong0.0000%1h0.1012long leg$608K$120K25x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1009−0.248%$23K150xas long as short
dYdX DOGE-USD+0.0012%1h0.1009−0.219%$227K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1011−0.073%$799K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1010−0.186%$2K$419K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1009−0.295%$517K$973K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1010−0.187%$5.1M$46.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1010−0.171%$337K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1010−0.174%$321.2M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1009−0.235%$160.9M$439.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1009−0.235%$111.5M$973.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1010−0.127%$28K$74K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.839%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1010−0.206%$245.6M$131.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1009−0.295%$113.1M$226.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1009−0.255%$66.2M$42.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1009−0.235%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1008−0.314%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010−0.127%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1014+0.215%$271K$125.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1015+0.289%$639K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1015+0.328%$149K$270K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1010−0.206%$268K$634K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1012−0.018%$74K$426K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1012−0.014%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1012+0.019%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1011−0.117%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1010−0.128%$6.0M$52.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1009−0.255%$93.1M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1010−0.212%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1010−0.184%$534K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1012−0.008%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1010−0.162%$533$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1008−0.316%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1008−0.344%$15.4M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1009−0.225%$2.0M$25.2M50xas long as short
Phoenix DOGE+0.0240%1h0.1011−0.061%$66K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]shortL +0.0247% / S −0.0272%1h0.1011−0.043%$318K200x
RISEx DOGE/USDC+0.0701%1h0.1010−0.127%$326K$404K10xas long as short
Hyperliquid DOGE+0.0783%1h0.1011−0.097%$123.3M$95.6M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1018+0.625%$5K$239K12xas long as short