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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.033%
Price spread now: 01 Exchange against Derive+0.543%403s7-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 4 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 01 Exchange is 0.543% dearer against Derive than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 403 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive DOGE-PERP0.098090.0100pay 0.0013% / 1h22m 53s$18K$7K10x
Short01 Exchange DOGEUSD0.098620.0224get 0.0028% / 1h22m 53s$454$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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: +0.543% → 0.000%
$54.26
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$67.3
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Derive: no order-book sample; 01 Exchange: 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 Derive no order-book sample
Sell 01 Exchange no order-book sample
Derive and 01 Exchange: 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
Kraken Futures PF_DOGEUSD−0.0096%1h0.09880+0.726%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0014%8h0.09879+0.717%$140.0M$347.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09858+0.508%$523K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09869+0.610%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.354%$6K$242K12xas long as short
Gate DOGE_USDT+0.0034%8h0.09873+0.656%$249.6M$155.1M75xas long as short
Phoenix DOGE+0.0081%1h0.09822+0.133%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09886+0.784%$825K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09851+0.431%$2K$544K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09862+0.544%$508K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09889+0.823%$123.2M$116.2M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09875+0.679%$4.9M$58.9M75xas long as short
Pacifica DOGE+0.0100%1h0.09854+0.461%$320K$481K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09879+0.713%$326.1M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09879+0.717%$164.2M$522.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09883+0.758%$114.4M$1.19B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09855+0.472%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09784−0.250%$374K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09875+0.676%$115.0M$262.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09876+0.686%$65.6M$49.2M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09872+0.646%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09879+0.717%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09791−0.179%$1.0M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09813+0.043%$261K$139.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09813+0.042%$627K$4.2M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09820+0.115%$140K$348K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09864+0.559%$257K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09873+0.656%$70K$465K50xas long as short
Derive DOGE-PERPlong+0.0100%1h0.09809long leg$18K$7K10x
SunX DOGE-USDT+0.0100%8h0.09879+0.721%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09879+0.717%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09880+0.725%$5.9M$69.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09876+0.686%$90.2M$16.5M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09855+0.470%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09871+0.640%$479K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09875+0.672%$19K3xas long as short
Reya DOGERUSDPERP+0.0202%1h0.09865+0.577%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09877+0.697%$1.9M$34.8M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09875+0.676%$15.5M$26.9M75xas long as short
01 Exchange DOGEUSDshort+0.0224%1h0.09862+0.543%$454$4K10x
GMX DOGE/USD [ETH-USDC]L +0.0251% / S −0.0267%1h0.09873+0.653%$329K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0256%1h0.09878+0.712%$557K$302K25xas long as short
dYdX DOGE-USD+0.0476%1h0.09806−0.027%$230K$74K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.09866+0.588%$397K$449K10xas long as short