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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.033%
Price spread now: SunX against Deribit−0.068%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$630.634% 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)+0.082%+$8 · spread now −0.068%, 7d avg +0.028%
Together, before fees+0.295%+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.096% cheaper against Deribit than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.028%). If the spread goes back, that is −$10 on $10k: about 4.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.098620.0024pay 0.0003% / 1h29m 12s$616K$103K25x
ShortSunX DOGE-USDT0.098550.0100get 0.0100% / 8h2h 29m$35K$2.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$15.96
Price spread: −0.068% → +0.028%
−$9.57
Slippage, 4 orders
−$48.38
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$56.99
Costs to cover
0.634%
Break-even
32.0 days
Slippage from Deribit: live order book, 59 min ago; SunX: live order book, 7 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, 59 min ago3.01 bp11.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 7 min ago17.61 bp23.7 bp −$2431.8 bp −$318doesn't fitdoesn'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−0.0280%8h0.09850−0.119%$151.5M$260.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09853−0.092%$358K$4.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09846−0.159%$32K150xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0024%1h0.09862long leg$616K$103K25x
Gate DOGE_USDT+0.0065%8h0.09858−0.038%$234.5M$119.5M75xas long as short
Phoenix DOGE+0.0080%1h0.09864+0.019%$15K$225K10xas long as short
dYdX DOGE-USD+0.0088%1h0.09846−0.159%$221K$44K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09846−0.159%$823$337K10xas long as short
Lighter DOGE+0.0096%1h0.09860−0.012%$782K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09848−0.139%$625K$694K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09847−0.147%$4.8M$40.4M75xas long as short
Pacifica DOGE+0.0100%1h0.09851−0.107%$333K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09860−0.017%$312.8M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09854−0.078%$156.2M$396.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09860−0.017%$107.6M$882.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09856−0.058%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09838−0.241%$377K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09859−0.027%$117.3M$214.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09857−0.048%$64.7M$39.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09859−0.027%$73.3Mas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.108%$915K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09849−0.126%$262K$112.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09857−0.047%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09850−0.119%$140K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09843−0.188%$270K$528K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09858−0.038%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09857−0.050%$24K$1K10xas long as short
SunX DOGE-USDTshort+0.0100%8h0.09855−0.068%$35K$2.2M30x
SoDEX DOGE-USD+0.0100%1h0.09859−0.027%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09861−0.007%$5.9M$46.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09859−0.027%$91.5M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09849−0.124%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09854−0.075%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09859−0.027%$19K3xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09844−0.175%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09853−0.086%$520$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0213%1h0.09866+0.044%$521K$930K15xas long as short
BloFin DOGE-USDT+0.0220%8h0.09859−0.027%$15.1M$23.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09853−0.088%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09845−0.169%$303K200xas long as short
Kraken Futures PF_DOGEUSD+0.0290%1h0.09858−0.034%$5.9M$31.7M50xas long as short
Hyperliquid DOGE+0.0427%1h0.09869+0.076%$109.1M$78.8M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09858−0.038%$309K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09860−0.017%$5K$180K12xas long as short