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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0205%/8h= +22.4% APRpaid last 24h −0.021%
Price spread now: Deribit against edgeX+0.571%75s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 4 days (all we have)−0.504%−$50 · spread now +0.571%, 7d avg +0.025%
Together, before fees−0.704%+ Points / potential airdropedgeX: Active · farm board−$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Deribit is 0.546% dearer against edgeX than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.201%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.098610.0100pay 0.0050% / 4h2h 21m$302K$138.8M20x
ShortDeribit DOGE_USDC-PERPETUAL0.099170.0305get 0.0038% / 1h21m 47s$563K$247K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$43.05
Price spread: +0.571% → +0.025%
$54.61
Slippage, 4 orders
−$15.47
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$66.19
Costs to cover
0.315%
Break-even
from the start
Slippage from edgeX: live order book, 2 min ago; Deribit: live order book, 27 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, 2 min ago2.02 bp6.5 bp −$76.9 bp −$6914.1 bp −$1,408doesn't fit
Sell Deribit live order book, 27 min ago5.00 bp9.9 bp −$1017.7 bp −$177doesn'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
Kalshi KXDOGEPERP0.0000%8h0.09892+0.315%$594K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09899+0.388%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09916+0.555%$5.6M$39.9M50xas long as short
Polymarket Perps DOGE-USD+0.0033%1h0.09887+0.266%$267K$1.2M10xas long as short
dYdX DOGE-USD+0.0038%1h0.09877+0.167%$222K$70K10xas long as short
Lighter DOGE+0.0096%1h0.09923+0.628%$845K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09886+0.254%$534K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09916+0.562%$4.4M$57.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09884+0.229%$316K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09919+0.588%$323.7M$1.68B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09915+0.548%$163.0M$516.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09917+0.568%$115.1M$1.17B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09881+0.199%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09916+0.558%$246.0M$152.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09916+0.558%$109.8M$254.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09917+0.568%$65.7M$49.5M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09909+0.487%$133.4M$333.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09912+0.517%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09918+0.578%$295K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09866+0.050%$1.0M$8.7Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.09861long leg$302K$138.8M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09908+0.479%$629K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.010%$146K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09911+0.507%$63K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09911+0.509%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09898+0.374%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09916+0.558%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09912+0.515%$5.9M$68.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09919+0.588%$91.2M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09880+0.196%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09911+0.510%$482K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09913+0.530%$19K3xas long as short
Hyperliquid DOGE+0.0105%1h0.09924+0.636%$123.1M$115.4M10xas long as short
Katana Perps DOGE-USD+0.0112%8h0.09887+0.264%$826$525K10xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09896+0.352%$440$4K10xas long as short
Reya DOGERUSDPERP+0.0195%1h0.09892+0.318%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09878+0.173%$16.0M$26.7M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09895+0.345%$27K$299K10xas long as short
Phoenix DOGE+0.0240%1h0.09861+0.001%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0285%1h0.09897+0.370%$316K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09909+0.487%$1.9M$34.0M50xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0305%1h0.09917+0.571%$563K$247K25x
RISEx DOGE/USDC+0.0686%1h0.09895+0.348%$399K$444K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+6.785%$6K$242K12xas long as short