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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0373%/8h= −40.8% APRpaid last 24h 0.000%
Price spread now: Bitget against edgeX−0.385%94s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 7 days+0.375%+$38 · spread now −0.385%, 7d avg +0.016%
Together, before fees+0.302%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.402% cheaper against edgeX than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.016%). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.10020.0100pay 0.0050% / 4h2h 55m$266K$109.4M20x
ShortBitget DOGEUSDT0.09979−0.0273pay 0.0273% / 8h2h 55m$153.3M$259.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
−$78.33
Price spread: −0.385% → +0.016%
−$40.18
Slippage, 4 orders
−$9.08
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$148.59
Costs to cover
0.301%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; Bitget: live order book, 3 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 edgeX live order book, 3 min ago2.50 bp7.0 bp −$77.4 bp −$7414.4 bp −$1,437doesn't fit
Sell Bitget live order book, 3 min ago0.50 bp8.0 bp −$810.3 bp −$10321.7 bp −$2,17331.4 bp −$15.7K

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 DOGEUSDTshort−0.0273%8h0.09979−0.385%$153.3M$259.1M75x
Kalshi KXDOGEPERP0.0000%8h0.09987−0.303%$339K$4.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09979−0.381%$33K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0010%1h0.09988−0.292%$624K$89K25xas long as short
01 Exchange DOGEUSD+0.0064%1h0.09977−0.405%$527$4K10xas long as short
Gate DOGE_USDT+0.0069%8h0.09985−0.325%$237.5M$117.6M75xas long as short
Phoenix DOGE+0.0081%1h0.09994−0.233%$17K$225K10xas long as short
Katana Perps DOGE-USD+0.0094%8h0.09978−0.395%$1K$328K10xas long as short
Lighter DOGE+0.0096%1h0.09995−0.231%$806K$5.0M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09975−0.425%$712K$651K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09991−0.266%$4.9M$40.2M75xas long as short
Pacifica DOGE+0.0100%1h0.10000−0.180%$343K$524K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09992−0.253%$320.6M$1.25B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09987−0.305%$156.6M$391.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09988−0.295%$108.5M$889.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09982−0.355%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.024%$384K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09993−0.246%$113.4M$201.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09990−0.275%$65.8M$38.8M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09989−0.285%$73.1Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09998−0.196%$527K$800K15xas long as short
Variational Omni DOGE+0.0100%8h0.1004+0.200%$1.1M$7.6Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.1002long leg$266K$109.4M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.1002−0.015%$631K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001−0.076%$143K$221K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09977−0.401%$278K$550K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09981−0.365%$73K$359K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09981−0.365%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09985−0.324%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09989−0.285%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09994−0.232%$6.0M$45.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09991−0.266%$92.7M$18.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09987−0.302%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09989−0.287%$542K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09989−0.285%$19K3xas long as short
dYdX DOGE-USD+0.0165%1h0.09996−0.217%$224K$44K10xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09981−0.370%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09983−0.345%$15.4M$23.9M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09996−0.216%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0212%1h0.09980−0.378%$337K200xas long as short
Kraken Futures PF_DOGEUSD+0.0286%1h0.09995−0.229%$6.9M$30.2M50xas long as short
RISEx DOGE/USDC+0.0536%1h0.09983−0.345%$314K$479K10xas long as short
Hyperliquid DOGE+0.0738%1h0.1001−0.106%$115.9M$74.2M10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.1001−0.076%$5K$153K12xas long as short