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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against edgeX−0.039%56s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.380%−$38 on $10k
Price spread, last 3 days (all we have)+0.119%+$12 · spread now −0.039%, 7d avg +0.012%
Together, before fees−0.261%+ Points / potential airdropedgeX: Active · farm board−$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.051% cheaper against edgeX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.098640.0100pay 0.0050% / 4h2h 33m$262K$111.9M20x
ShortPolymarket Perps DOGE-USD0.098600.0100get 0.0013% / 1h33m 30s$271K$531K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0
Price spread: −0.039% → +0.012%
−$5.15
Slippage, 4 orders
−$10.07
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$32.22
Costs to cover
0.271%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; Polymarket Perps: live order book, 54 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, 1 min ago2.03 bp6.5 bp −$76.9 bp −$6914.1 bp −$1,414doesn't fit
Sell Polymarket Perps live order book, 54 min ago3.00 bp7.0 bp −$77.4 bp −$74doesn'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−0.0279%8h0.09845−0.188%$151.6M$260.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09866+0.021%$357K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09864+0.007%$617K$91K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09860−0.037%$32K150xas long as short
dYdX DOGE-USD+0.0048%1h0.09859−0.046%$221K$44K10xas long as short
Gate DOGE_USDT+0.0064%8h0.09850−0.138%$234.3M$119.2M75xas long as short
Phoenix DOGE+0.0080%1h0.09849−0.151%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09847−0.168%$1K$335K10xas long as short
Lighter DOGE+0.0096%1h0.09862−0.014%$782K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09834−0.295%$624K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09860−0.032%$4.9M$40.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09861−0.026%$335K$505K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09846−0.181%$313.0M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09833−0.310%$155.9M$397.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09837−0.269%$107.4M$880.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09860−0.036%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09919+0.561%$380K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09858−0.057%$118.6M$214.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09853−0.107%$64.8M$39.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09861−0.026%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09842−0.217%$917K$7.8Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.09864long leg$262K$111.9M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09867+0.035%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.036%$140K$222K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.09860−0.039%$271K$531K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.09863−0.006%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09860−0.034%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09865+0.016%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09862−0.016%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09860−0.038%$5.9M$46.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09861−0.026%$91.5M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09852−0.115%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09851−0.124%$548K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09863−0.006%$19K3xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09862−0.011%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.09849−0.145%$520$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0205%1h0.09866+0.025%$521K$934K15xas long as short
BloFin DOGE-USDT+0.0220%8h0.09873+0.095%$15.2M$23.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09865+0.014%$2.0M$22.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09859−0.049%$304K200xas long as short
Kraken Futures PF_DOGEUSD+0.0290%1h0.09859−0.050%$6.0M$31.6M50xas long as short
Hyperliquid DOGE+0.0444%1h0.09869+0.057%$109.5M$78.6M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09856−0.077%$308K$470K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09880+0.166%$5K$153K12xas long as short