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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0121%/8h= −13.2% APRpaid last 24h +0.024%
Price spread now: HTX against Deribit−0.054%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$340.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.204%+$20 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.054%, 7d avg +0.022%
Together, before fees+0.238%+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.076% cheaper against Deribit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.204%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.099850.0221pay 0.0028% / 1h32m 58s$597K$118K25x
ShortHTX DOGE-USDT0.099800.0100get 0.0100% / 8h5h 32m$5.9M$56.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$25.41
Price spread: −0.054% → +0.022%
−$7.57
Slippage, 4 orders
−$15.49
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$67.46
Costs to cover
0.345%
Break-even
never at this rate
Slippage from Deribit: live order book, 31 min ago; HTX: live order book, 1 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, 31 min ago5.00 bp8.5 bp −$917.2 bp −$172doesn't fitdoesn't fit
Sell HTX live order book, 1 min ago0.35 bp7.7 bp −$813.8 bp −$13855.1 bp −$5,507doesn'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−0.0091%8h0.09976−0.092%$151.0M$273.9M75xas long as short
dYdX DOGE-USD0.0000%1h0.09962−0.237%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09971−0.141%$444K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09978−0.074%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09991+0.062%$786K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09968−0.172%$3K$441K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09978−0.072%$532K$993K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09984−0.010%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09965−0.199%$328K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09983−0.022%$319.5M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09979−0.062%$160.8M$441.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09984−0.012%$111.5M$989.3M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985−0.004%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09981−0.042%$243.6M$132.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09984−0.012%$111.9M$230.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09987+0.018%$66.1M$43.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09983−0.022%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09982−0.032%$329K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09987+0.014%$981K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09984−0.016%$297K$129.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09992+0.069%$635K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.148%$146K$278K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09976−0.096%$255K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09980−0.052%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09977−0.080%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09982−0.034%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09986+0.008%$2K$3.9M10xas long as short
HTX DOGE-USDTshort+0.0100%8h0.09980−0.054%$5.9M$56.5M75x
Phemex DOGEUSDT+0.0100%8h0.09984−0.012%$91.9M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.09969−0.167%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09980−0.056%$516K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09980−0.056%$19K3xas long as short
Reya DOGERUSDPERP+0.0186%1h0.09979−0.060%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09978−0.075%$532$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09982−0.032%$15.7M$25.1M75xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0221%1h0.09985long leg$597K$118K25x
Phoenix DOGE+0.0240%1h0.09961−0.245%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09977−0.083%$310K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09988+0.028%$2.3M$26.2M50xas long as short
Kraken Futures PF_DOGEUSD+0.0306%1h0.09985−0.004%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0464%1h0.09995+0.094%$122.1M$99.7M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09978−0.068%$402K$365K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09983−0.022%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.09980−0.052%$5K$239K12xas long as short