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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h +0.020%
Price spread now: Orderly against Deribit+0.001%7-day average −0.018% · you sell dearer than you buy
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 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.001%, 7d avg −0.018%
Together, before fees+0.084%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.109%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.099020.0205pay 0.0026% / 1h20m 56s$563K$247K25x
ShortOrderly PERP_DOGE_USDC0.099020.0100get 0.0100% / 8h2h 20m$63K$469K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$22.05
Price spread: +0.001% → −0.018%
$1.91
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$33.14
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 28 min ago; Orderly: 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, 28 min ago5.00 bp8.5 bp −$815.7 bp −$157doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Kalshi KXDOGEPERP0.0000%8h0.09911+0.091%$606K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09904+0.019%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09899−0.033%$5.6M$39.9M50xas long as short
dYdX DOGE-USD+0.0036%1h0.09914+0.123%$223K$70K10xas long as short
Polymarket Perps DOGE-USD+0.0037%1h0.09914+0.119%$267K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09909+0.074%$844K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09921+0.198%$536K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09916+0.142%$4.4M$57.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09920+0.183%$317K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09916+0.143%$323.6M$1.68B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09915+0.132%$163.0M$516.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09920+0.183%$115.0M$1.17B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09881−0.215%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09910+0.082%$246.3M$152.9M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09920+0.183%$109.2M$254.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09920+0.183%$65.8M$49.6M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09914+0.122%$134.4M$334.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09913+0.112%$80.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09902+0.001%$295K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09900−0.022%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09876−0.257%$310K$139.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09872−0.298%$627K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880−0.221%$146K$341K25xas long as short
Orderly PERP_DOGE_USDCshort+0.0100%8h0.09902+0.001%$63K$469K50x
Derive DOGE-PERP+0.0100%1h0.09900−0.022%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09909+0.071%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09900−0.019%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09902−0.001%$5.9M$68.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09901−0.009%$91.0M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09920+0.181%$18K$5K30xas long as short
Hyperliquid DOGE+0.0104%1h0.09920+0.182%$123.0M$115.4M10xas long as short
Extended DOGE-USD+0.0104%1h0.09918+0.160%$482K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09901−0.009%$19K3xas long as short
Katana Perps DOGE-USD+0.0111%8h0.09917+0.152%$1K$526K10xas long as short
Reya DOGERUSDPERP+0.0195%1h0.09912+0.100%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.09926+0.244%$441$4K10xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0205%1h0.09902long leg$563K$247K25x
BloFin DOGE-USDT+0.0220%8h0.09904+0.021%$16.0M$26.7M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09926+0.243%$27K$299K10xas long as short
Phoenix DOGE+0.0240%1h0.09861−0.412%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0285%1h0.09903+0.015%$317K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09919+0.173%$1.9M$34.0M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09926+0.243%$400K$444K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+6.343%$6K$242K12xas long as short