Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%

Price spread now: Bybit against Extended+0.019%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.019%, 7d avg +0.034%

Together, before fees−0.036%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DOGE-USD	0.09879	0.0104	pay 0.0013% / 1h	51m 28s	$541K	$3.5M	50x
Short	Bybit DOGEUSDT	0.09881	0.0100	get 0.0100% / 8h	2h 51m	$154.4M	$393.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee BybitbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$0.84
Price spread: +0.019% → +0.034%: −$1.56
Slippage, 4 orders: −$10.15
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$28.55
Costs to cover: 0.262%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 2 min ago	2.51 bp	5.0 bp −$5	5.0 bp −$50	13.9 bp −$1,388	doesn't fit
Sell Bybit live order book, 3 min ago	0.50 bp	8.1 bp −$8	14.7 bp −$147	26.5 bp −$2,647	51.2 bp −$25.6K

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDT	−0.0277%	8h	0.09868	−0.113%	$151.4M	$259.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09896	+0.167%	$335K	$4.2M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09899	+0.204%	$619K	$88K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09879	−0.002%	$32K	—	150x	as long as short
Gate DOGE_USDT	+0.0063%	8h	0.09875	−0.042%	$234.9M	$118.1M	75x	as long as short
dYdX DOGE-USD	+0.0073%	1h	0.09886	+0.069%	$222K	$44K	10x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09967	+0.887%	$15K	$225K	10x	as long as short
Katana Perps DOGE-USD	+0.0095%	8h	0.09879	−0.001%	$2K	$335K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09889	+0.105%	$797K	$5.0M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09875	−0.042%	$627K	$694K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09881	+0.019%	$4.8M	$40.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09885	+0.054%	$339K	$524K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09883	+0.036%	$316.9M	$1.25B	75x	as long as short
Bybit DOGEUSDTshort	+0.0100%	8h	0.09881	+0.019%	$154.4M	$393.2M	75x
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09884	+0.049%	$107.4M	$883.0M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09888	+0.090%	$28K	$75K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09895	+0.161%	$379K	$19K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09879	−0.001%	$110.5M	$201.7M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09880	+0.009%	$65.2M	$38.7M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09876	−0.032%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1000	+1.228%	$1.1M	$7.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09950	+0.720%	$264K	$110.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09992	+1.146%	$631K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09950	+0.717%	$142K	$222K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09876	−0.028%	$274K	$545K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09895	+0.161%	$72K	$359K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09895	+0.165%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09901	+0.224%	$35K	$2.1M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09897	+0.181%	$2K	$3.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09896	+0.170%	$6.0M	$46.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09895	+0.161%	$91.9M	$18.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09882	+0.030%	$19K	$3K	30x	as long as short
Extended DOGE-USDlong	+0.0104%	1h	0.09879	long leg	$541K	$3.5M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.09876	−0.036%	$19K	—	3x	as long as short
Backpack DOGE_USDC_PERP	+0.0118%	1h	0.09900	+0.211%	$522K	$803K	15x	as long as short
Reya DOGERUSDPERP	+0.0173%	1h	0.09880	+0.005%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09934	+0.555%	$15.3M	$23.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09902	+0.231%	$2.0M	$22.1M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0243% / S −0.0211%	1h	0.09881	+0.016%	$334K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0289%	1h	0.09899	+0.199%	$6.8M	$30.3M	50x	as long as short
01 Exchange DOGEUSD	+0.0480%	1h	0.09880	+0.011%	$522	$4K	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09887	+0.079%	$311K	$469K	10x	as long as short
Hyperliquid DOGE	+0.0613%	1h	0.09888	+0.093%	$111.9M	$76.1M	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.09990	+1.122%	$5K	$153K	12x	as long as short