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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h +0.023%
Price spread now: KuCoin against Deribit+0.027%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.027%, 7d avg −0.013%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.040% dearer against Deribit than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.013%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.10450.0277pay 0.0035% / 1h49m 17s$589K$242K25x
ShortKuCoin DOGEUSDTM0.10450.0100get 0.0100% / 8h3h 49m$69.2M$47.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$37.17
Price spread: +0.027% → −0.013%
$3.97
Slippage, 4 orders
−$24.4
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$76.59
Costs to cover
0.434%
Break-even
never at this rate
Slippage from Deribit: live order book, 5 min ago; KuCoin: 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, 5 min ago5.70 bp9.2 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.85 bp12.3 bp −$1218.4 bp −$18447.8 bp −$4,777doesn'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−0.0001%8h0.1045−0.031%$141.7M$307.3M75xas long as short
dYdX DOGE-USD0.0000%1h0.1045−0.018%$235K$70K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1044−0.134%$25K150xas long as short
Lighter DOGE+0.0096%1h0.1046+0.122%$754K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1043−0.189%$565K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1043−0.188%$5.1M$52.9M75xas long as short
Pacifica DOGE+0.0100%1h0.1045+0.021%$337K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1045+0.027%$346.9M$1.56B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1044−0.050%$172.0M$485.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1045−0.040%$118.7M$1.14B50xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk DOGE-USD+0.0100%1h0.1047+0.165%$402K$11K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1043−0.193%$257.3M$141.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1045−0.031%$117.1M$239.4M300xas long as short
KuCoin DOGEUSDTMshort+0.0100%8h0.1045+0.027%$69.2M$47.1M75x
BingX DOGE-USDT+0.0100%8h0.1043−0.155%$78.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1052+0.636%$1.2M$8.3Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1052+0.703%$319K$133.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1055+0.965%$668K$4.5M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1044−0.117%$268K$889K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1044−0.050%$73K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1045−0.036%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1046+0.078%$37K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1046+0.065%$2K$4.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1045−0.002%$6.2M$63.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1045+0.036%$96.1M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.1044−0.041%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1044−0.053%$506K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1044−0.053%$20K3xas long as short
Katana Perps DOGE-USD+0.0126%8h0.1044−0.059%$2K$483K10xas long as short
Kalshi KXDOGEPERP+0.0146%8h0.1046+0.059%$756K$6.1M2.8xas long as short
Backpack DOGE_USDC_PERP+0.0164%1h0.1046+0.084%$348K$1.2M15xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1042−0.272%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1045+0.046%$16.2M$27.4M75xas long as short
Phoenix DOGE+0.0235%1h0.1045−0.008%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0241%1h0.1046+0.071%$5.6M$37.6M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0320%1h0.1043−0.165%$345K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1044−0.084%$464$4K10xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0277%1h0.1045long leg$589K$242K25x
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1045+0.027%$2.0M$31.9M50xas long as short
Hyperliquid DOGE+0.0586%1h0.1044−0.088%$129.0M$107.0M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1045−0.011%$113K$200K10xas long as short
ApeX Omni DOGEUSDT+0.0688%1h0.1053+0.773%$165K$306K25xas long as short
RISEx DOGE/USDC+0.0728%1h0.1044−0.051%$421K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.773%$6K$242K12xas long as short