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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0167%/8h= −18.3% APRpaid last 24h +0.011%
Price spread now: Binance against dYdX−0.187%109s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1211.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.187%, 7d avg +0.010%
Together, before fees+0.208%+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.197% cheaper against dYdX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.010%). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DOGE-USD0.098770.0267pay 0.0033% / 1h57m 48s$232K$67K10x
ShortBinance DOGEUSDT0.098580.0100get 0.0100% / 8h5h 57m$325.5M$1.60B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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
−$35.17
Price spread: −0.187% → +0.010%
−$19.74
Slippage, 4 orders
−$100.98
Fee dYdX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$175.89
Costs to cover
1.210%
Break-even
never at this rate
Slippage from dYdX: live order book, 54 min ago; Binance: live order book, 9 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 dYdX live order book, 54 min ago43.38 bp57.1 bp −$57105.5 bp −$1,055118.0 bp −$11.8K277.6 bp −$138.8K
Sell Binance live order book, 9 min ago0.51 bp7.1 bp −$79.4 bp −$9421.9 bp −$2,19453.8 bp −$26.9K

DOGE on 43 exchanges

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−0.0139%1h0.09861−0.158%$5.3M$39.8M50xas long as short
Bitget DOGEUSDT−0.0038%8h0.09851−0.262%$139.5M$306.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09864−0.129%$529K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09859−0.178%$33K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0004%1h0.09863−0.141%$552K$294K25xas long as short
Bybit DOGEUSDT+0.0025%8h0.09853−0.242%$166.1M$494.9M75xas long as short
Gate DOGE_USDT+0.0033%8h0.09856−0.212%$253.7M$143.6M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.612%$6K$240K12xas long as short
Lighter DOGE+0.0096%1h0.09865−0.117%$815K$6.4M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09865−0.121%$2K$541K10xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09856−0.207%$510K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09867−0.104%$122.4M$108.5M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09860−0.174%$4.9M$57.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09868−0.089%$315K$457K20xas long as short
Binance DOGEUSDTshort+0.0100%8h0.09858−0.187%$325.5M$1.60B75x
OKX DOGE-USDT-SWAP+0.0100%8h0.09858−0.191%$118.4M$1.11B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09866−0.110%$17K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09869−0.079%$377K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09858−0.191%$113.5M$247.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09859−0.181%$65.2M$45.6M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09858−0.191%$46.0Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09859−0.181%$312K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.260%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09857−0.206%$265K$132.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09867−0.104%$620K$3.9M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.171%$139K$343K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09854−0.227%$243K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09862−0.151%$68K$418K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09865−0.124%$34K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09861−0.161%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09871−0.062%$6.0M$65.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09859−0.181%$89.9M$15.4M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09858−0.193%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09853−0.245%$482K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09860−0.171%$19K3xas long as short
Phoenix DOGE+0.0161%1h0.09868−0.091%$18K$311K10xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09864−0.129%$454$4K10xas long as short
Reya DOGERUSDPERP+0.0206%1h0.09854−0.233%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0211% / S −0.0184%1h0.09865−0.125%$286K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09866−0.110%$15.4M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0264%1h0.09867−0.100%$2.2M$33.1M50xas long as short
dYdX DOGE-USDlong+0.0267%1h0.09877long leg$232K$67K10x
RISEx DOGE/USDC+0.0587%1h0.09867−0.105%$409K$412K10xas long as short