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+0.0939%/8h= +102.8% APRpaid last 24h +0.200%
Price spread now: Injective against edgeX+0.169%7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs+$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$730.735% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.476%+$148 on $10k
Price spread, last 3 days (all we have)−0.139%−$14 · spread now +0.169%, 7d avg +0.221%
Together, before fees+1.337%+ Points / potential airdropedgeX: Active · farm board+$134 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.052% cheaper against edgeX than usual: you would sell low and buy high (spread +0.169% now, against its 7-day average of +0.221%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$28 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.099130.0100pay 0.0050% / 4h5m 43s$256K$120.5M20x
ShortInjective DOGE/USDC PERP0.099300.1039get 0.0130% / 1h5m 43s$5K$239K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$197.09
Price spread: +0.169% → +0.221%
−$5.24
Slippage, 4 orders
−$64.45
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$118.38
Costs to cover
0.735%
Break-even
2.8 days
Slippage from edgeX: live order book, 3 min ago; Injective: live order book, 8 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 ago2.02 bp6.5 bp −$76.9 bp −$6914.2 bp −$1,420doesn't fit
Sell Injective live order book, 8 min ago30.21 bp30.2 bp −$30doesn't fitdoesn'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−0.0214%8h0.09903−0.104%$151.2M$270.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09908−0.055%$393K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09902−0.115%$596K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09898−0.152%$24K150xas long as short
Gate DOGE_USDT+0.0069%8h0.09903−0.104%$240.9M$128.9M75xas long as short
dYdX DOGE-USD+0.0070%1h0.09904−0.098%$222K$44K10xas long as short
Lighter DOGE+0.0096%1h0.09907−0.065%$782K$5.6M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.09914+0.007%$958$394K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09903−0.104%$507K$976K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09906−0.076%$4.8M$46.0M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09906−0.075%$330K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09903−0.101%$314.1M$1.38B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09904−0.094%$155.8M$434.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09911−0.023%$109.0M$948.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09920+0.068%$28K$82K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09910−0.033%$110.7M$223.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09909−0.043%$65.4M$42.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09907−0.063%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09893−0.203%$994K$8.1Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.09913long leg$256K$120.5M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09921+0.078%$634K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910−0.033%$145K$251K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09901−0.127%$254K$556K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09899−0.144%$72K$446K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09898−0.154%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09900−0.129%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09904−0.094%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09897−0.163%$5.9M$52.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09911−0.023%$91.6M$19.2M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09909−0.044%$380K$12K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09905−0.082%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09908−0.058%$520K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09900−0.132%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0106%1h0.09906−0.074%$5.9M$33.6M50xas long as short
Reya DOGERUSDPERP+0.0180%1h0.09897−0.159%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09919+0.054%$524$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09910−0.033%$15.2M$25.2M75xas long as short
Phoenix DOGE+0.0239%1h0.09933+0.196%$66K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09907−0.063%$2.0M$24.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0262%1h0.09895−0.180%$304K200xas long as short
Backpack DOGE_USDC_PERP+0.0309%1h0.09914+0.007%$383K$1.1M15xas long as short
RISEx DOGE/USDC+0.0708%1h0.09920+0.068%$313K$477K10xas long as short
Hyperliquid DOGE+0.0818%1h0.09916+0.026%$115.9M$90.3M10xas long as short
Injective DOGE/USDC PERPshort+0.1039%1h0.09930+0.169%$5K$239K12x