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−0.0177%/8h= −19.4% APRpaid last 24h +0.036%
Price spread now: Kraken Futures against edgeX+0.176%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$340.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.176%, 7d avg +0.045%
Together, before fees−0.128%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.132% dearer against edgeX than usual: you sell high and buy low (spread +0.176% now, against its 7-day average of +0.045%): +$13 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.004% in total) that is about 8 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.099820.0100pay 0.0050% / 4h3h 56m$258K$121.0M20x
ShortKraken Futures PF_DOGEUSD0.10000−0.0077pay 0.0010% / 1h56m 59s$6.0M$33.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$37.26
Price spread: +0.176% → +0.045%
$13.15
Slippage, 4 orders
−$15.45
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$58.56
Costs to cover
0.345%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; Kraken Futures: live order book, 2 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 ago2.00 bp6.5 bp −$76.9 bp −$6915.4 bp −$1,545doesn't fit
Sell Kraken Futures live order book, 2 min ago1.00 bp11.5 bp −$1117.8 bp −$17836.6 bp −$3,659doesn'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
Phemex DOGEUSDT−0.1894%8h0.09998+0.157%$92.3M$19.1M50xas long as short
Bitget DOGEUSDT−0.0206%8h0.09994+0.117%$152.7M$270.8M75xas long as short
Kraken Futures PF_DOGEUSDshort−0.0077%1h0.10000+0.176%$6.0M$33.7M50x
Kalshi KXDOGEPERP0.0000%8h0.1001+0.240%$408K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1000+0.203%$602K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1000+0.220%$24K150xas long as short
dYdX DOGE-USD+0.0087%1h0.09997+0.148%$224K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1001+0.245%$858K$5.6M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1000+0.217%$1K$398K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1000+0.222%$513K$977K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09997+0.145%$4.9M$46.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1000+0.185%$333K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1000+0.180%$318.2M$1.39B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09999+0.167%$157.7M$436.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1000+0.197%$110.3M$961.8M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1001+0.297%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09980−0.023%$382K$12K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09993+0.107%$241.6M$126.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09999+0.167%$110.8M$222.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1000+0.197%$65.9M$42.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09999+0.167%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1000+0.197%$381K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09975−0.072%$1.0M$8.1Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.09982long leg$258K$121.0M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09979−0.033%$628K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.023%$146K$253K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09996+0.133%$265K$567K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09999+0.167%$73K$446K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09999+0.170%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1000+0.216%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1000+0.187%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1000+0.204%$6.0M$52.2M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1000+0.178%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09998+0.158%$616K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1000+0.183%$19K3xas long as short
01 Exchange DOGEUSD+0.0160%1h0.1001+0.227%$528$4K10xas long as short
Reya DOGERUSDPERP+0.0180%1h0.09998+0.157%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1000+0.177%$15.3M$25.4M75xas long as short
Phoenix DOGE+0.0239%1h0.09979−0.028%$66K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1000+0.217%$2.0M$24.5M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.1000+0.215%$308K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1001+0.237%$316K$478K10xas long as short
Hyperliquid DOGE+0.0800%1h0.1001+0.297%$118.1M$91.2M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1002+0.378%$5K$239K12xas long as short