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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: Pacifica against dYdX+0.081%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.081%, 7d avg +0.021%
Together, before fees+0.038%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.060% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DOGE-USD0.10090.0013pay 0.0002% / 1h16m 26s$227K$44K10x
ShortPacifica DOGE0.10100.0100get 0.0013% / 1h16m 26s$337K$511K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$18.27
Price spread: +0.081% → +0.021%
$6
Slippage, 4 orders
−$57.16
Fee dYdX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$50.88
Costs to cover
0.752%
Break-even
26.5 days
Slippage from dYdX: live order book, 58 min ago; Pacifica: live order book, 57 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, 58 min ago15.59 bp21.1 bp −$2146.7 bp −$46757.4 bp −$5,74368.2 bp −$34.1K
Sell Pacifica live order book, 57 min ago2.52 bp9.6 bp −$1016.4 bp −$164doesn'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−0.0171%8h0.1010+0.064%$153.6M$271.4M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1008−0.102%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1008−0.080%$418K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1011+0.196%$24K150xas long as short
dYdX DOGE-USDlong+0.0013%1h0.1009long leg$227K$44K10x
Deribit DOGE_USDC-PERPETUAL+0.0018%1h0.1008−0.120%$606K$121K25xas long as short
Lighter DOGE+0.0096%1h0.1011+0.134%$789K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1010+0.103%$1K$418K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1011+0.143%$518K$973K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1010+0.121%$5.0M$46.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGEshort+0.0100%1h0.1010+0.081%$337K$511K20x
Binance DOGEUSDT+0.0100%8h0.1011+0.218%$321.8M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1011+0.212%$160.5M$438.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1011+0.212%$111.7M$975.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1011+0.153%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.601%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1011+0.163%$246.6M$130.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1011+0.163%$113.2M$225.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1011+0.133%$66.3M$42.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1011+0.192%$76.1Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1009−0.006%$365K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1004−0.473%$989K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1005−0.415%$266K$124.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1005−0.441%$630K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1004−0.521%$148K$268K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1010+0.093%$269K$635K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1011+0.192%$74K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1008−0.145%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1008−0.098%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1008−0.115%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1008−0.130%$6.0M$52.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1008−0.075%$93.1M$17.6M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1010+0.093%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1010+0.058%$531K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1012+0.306%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1011+0.167%$534$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1011+0.131%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1008−0.075%$15.5M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1009−0.055%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0240%1h0.1008−0.082%$65K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0272%1h0.1011+0.182%$317K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1011+0.144%$327K$404K10xas long as short
Hyperliquid DOGE+0.0802%1h0.1012+0.272%$123.2M$95.4M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1007−0.224%$5K$239K12xas long as short