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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0862%/8h= +94.4% APRnext payment +$1.08 per $10,000 · paid last 24h +0.197%
Price spread now: Injective against Extended+0.383%7-day average +0.237% · you sell dearer than you buy
Net, funding: paid 7d − costs+$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$700.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.472%+$147 on $10k
Price spread, last 3 days (all we have)−0.427%−$43 · spread now +0.383%, 7d avg +0.237%
Together, before fees+1.045%+ Points / potential airdropExtended: Active · farm board+$105 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Injective is 0.146% dearer against Extended than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.237%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DOGE-USD0.10090.0104pay 0.0013% / 1h43m 11s$558K$3.6M50x
ShortInjective DOGE/USDC PERP0.10130.0966get 0.0121% / 1h43m 11s$5K$207K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$181.01
Price spread: +0.383% → +0.237%
$14.64
Slippage, 4 orders
−$64.72
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$125.91
Costs to cover
0.697%
Break-even
2.1 days
Slippage from Extended: live order book, 6 min ago; Injective: live order book, 41 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 Extended live order book, 6 min ago0.50 bp4.7 bp −$55.9 bp −$5915.2 bp −$1,519doesn't fit
Sell Injective live order book, 41 min ago30.12 bp30.1 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−0.0273%8h0.1008−0.092%$154.1M$263.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1011+0.144%$404K$4.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1009−0.031%$32K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1009−0.029%$226K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1008−0.069%$16K$222K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0087%1h0.1009+0.005%$611K$105K25xas long as short
Gate DOGE_USDT+0.0093%8h0.1010+0.066%$243.3M$121.5M75xas long as short
Lighter DOGE+0.0096%1h0.1011+0.160%$791K$5.3M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.1011+0.146%$1K$356K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1011+0.170%$713K$775K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1009+0.026%$5.1M$41.9M75xas long as short
Pacifica DOGE+0.0100%1h0.1010+0.042%$338K$497K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1011+0.233%$322.0M$1.29B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1013+0.413%$163.8M$408.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1014+0.502%$110.1M$923.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1011+0.185%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.608%$384K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1012+0.324%$110.5M$214.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1014+0.473%$66.3M$39.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1009−0.023%$73.8Mas long as short
Variational Omni DOGE+0.0100%8h0.1003−0.562%$934K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1006−0.354%$276K$113.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1006−0.318%$641K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1006−0.310%$147K$240K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1010+0.106%$272K$536K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1009−0.043%$73K$417K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1009−0.048%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1010+0.048%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1010+0.086%$2K$3.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1012+0.284%$6.1M$48.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1012+0.294%$93.8M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1011+0.169%$18K$5K30xas long as short
Extended DOGE-USDlong+0.0104%1h0.1009long leg$558K$3.6M50x
Aevo DOGE-PERP+0.0104%1h0.10090.000%$19K3xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1010+0.112%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1011+0.195%$534$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1011+0.195%$2.0M$23.2M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1012+0.284%$15.4M$24.6M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.1009−0.039%$314K200xas long as short
Kraken Futures PF_DOGEUSD+0.0361%1h0.1010+0.095%$6.0M$32.1M50xas long as short
Backpack DOGE_USDC_PERP+0.0408%1h0.1011+0.146%$533K$936K15xas long as short
Hyperliquid DOGE+0.0428%1h0.1011+0.225%$111.4M$81.4M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1011+0.180%$317K$474K10xas long as short
Injective DOGE/USDC PERPshort+0.0966%1h0.1013+0.383%$5K$207K12x