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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.020%
Price spread now: Coinbase International against Derive+0.063%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.063% dearer against Derive than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive DOGE-PERP0.098990.0100pay 0.0013% / 1h45m 25s$24K$1K10x
ShortCoinbase International DOGE-PERP-INTX0.099050.0224get 0.0028% / 1h45m 25s$2.0M$22.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Derive. 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
$26.04
Price spread: +0.063% → 0.000%
$6.33
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$16.37
Costs to cover
0.160%
Break-even
2.6 days
Slippage unknown: Derive: no order-book sample; Coinbase International: live order book, 4 min ago. 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 Derive no order-book sample
Sell Coinbase International live order book, 4 min ago2.02 bp10.1 bp −$1014.3 bp −$14338.4 bp −$3,838doesn't fit
Derive: 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−0.0279%8h0.09884−0.149%$151.7M$259.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09897−0.018%$349K$4.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09902+0.033%$619K$88K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09899+0.002%$31K150xas long as short
dYdX DOGE-USD+0.0042%1h0.09896−0.032%$222K$44K10xas long as short
Gate DOGE_USDT+0.0065%8h0.09891−0.078%$235.1M$118.4M75xas long as short
Phoenix DOGE+0.0080%1h0.09900+0.009%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09893−0.058%$2K$334K10xas long as short
Lighter DOGE+0.0096%1h0.09902+0.031%$797K$5.0M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09895−0.038%$628K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09898−0.007%$4.9M$40.2M75xas long as short
Pacifica DOGE+0.0100%1h0.098990.000%$337K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09896−0.033%$317.0M$1.25B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09891−0.078%$154.0M$393.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09896−0.028%$107.6M$883.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09900+0.013%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09895−0.038%$379K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09895−0.038%$120.8M$211.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09896−0.028%$65.1M$38.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09894−0.048%$73.2Mas long as short
Variational Omni DOGE+0.0100%8h0.09894−0.052%$931K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09885−0.135%$262K$110.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09895−0.038%$622K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−0.088%$141K$222K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09891−0.076%$274K$545K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09903+0.043%$72K$362K50xas long as short
Derive DOGE-PERPlong+0.0100%1h0.09899long leg$24K$1K10x
SunX DOGE-USDT+0.0100%8h0.09903+0.047%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09899+0.003%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09897−0.021%$6.0M$46.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09901+0.023%$91.9M$18.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09897−0.020%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09894−0.052%$544K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09902+0.033%$19K3xas long as short
Backpack DOGE_USDC_PERP+0.0113%1h0.09900+0.013%$524K$855K15xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09893−0.056%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09888−0.108%$15.3M$23.6M75xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0224%1h0.09905+0.063%$2.0M$22.1M50x
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09898−0.006%$305K200xas long as short
01 Exchange DOGEUSD+0.0280%1h0.09895−0.035%$522$4K10xas long as short
Kraken Futures PF_DOGEUSD+0.0289%1h0.09902+0.036%$6.8M$30.3M50xas long as short
Hyperliquid DOGE+0.0501%1h0.09903+0.043%$110.5M$77.6M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09903+0.038%$312K$469K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09910+0.114%$5K$153K12xas long as short