Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%

Price spread now: OKX against Extended+0.072%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 7 days−0.093%−$9 · spread now +0.072%, 7d avg +0.054%

Together, before fees−0.155%+ Points / potential airdropExtended: Active · farm board−$15 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	0.1001	0.0104	pay 0.0013% / 1h	56m 13s	$481K	$4.1M	50x
Short	OKX DOGE-USDT-SWAP	0.1002	0.0100	get 0.0100% / 8h	2h 56m	$114.2M	$1.16B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$0.84
Price spread: +0.072% → +0.054%: $1.83
Slippage, 4 orders: −$8.09
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$22.09
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; OKX: 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, 3 min ago	3.01 bp	5.5 bp −$6	6.2 bp −$62	13.3 bp −$1,327	doesn't fit
Sell OKX live order book, 3 min ago	0.50 bp	6.5 bp −$7	11.0 bp −$110	23.6 bp −$2,365	42.9 bp −$21.4K

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
dYdX DOGE-USD	0.0000%	1h	0.1000	−0.083%	$225K	$70K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1002	+0.161%	$648K	$6.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1001	+0.015%	$34K	—	150x	as long as short
Kraken Futures PF_DOGEUSD	+0.0002%	1h	0.1001	+0.025%	$5.6M	$40.6M	50x	as long as short
Polymarket Perps DOGE-USD	+0.0045%	1h	0.09988	−0.208%	$262K	$1.1M	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1002	+0.136%	$739K	$6.5M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1000	−0.077%	$548K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1002	+0.069%	$4.4M	$56.3M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1000	−0.082%	$320K	$524K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1002	+0.075%	$325.9M	$1.65B	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.1001	+0.042%	$163.0M	$510.5M	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.1002	+0.072%	$114.2M	$1.16B	50x
Bulk DOGE-USD	+0.0100%	1h	0.1002	+0.102%	$385K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1001	+0.023%	$246.8M	$148.7M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1001	+0.052%	$114.4M	$249.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1001	+0.052%	$66.6M	$49.0M	75x	as long as short
Bitget DOGEUSDT	+0.0100%	8h	0.1001	+0.033%	$130.0M	$322.6M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1001	+0.052%	—	$80.0M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1001	+0.042%	$316K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09995	−0.140%	$1.1M	$8.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09998	−0.110%	$315K	$137.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1000	−0.069%	$633K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09990	−0.187%	$150K	$335K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1001	+0.042%	$65K	$464K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1001	+0.002%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1001	+0.061%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1001	+0.033%	$2K	$5.2M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1001	+0.045%	$5.9M	$66.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1002	+0.112%	$92.2M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09996	−0.127%	$18K	$5K	30x	as long as short
Hyperliquid DOGE	+0.0101%	1h	0.1002	+0.132%	$125.0M	$113.7M	10x	as long as short
Extended DOGE-USDlong	+0.0104%	1h	0.1001	long leg	$481K	$4.1M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.1001	+0.036%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0115%	8h	0.09995	−0.137%	$1K	$514K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0130%	1h	0.1002	+0.075%	$569K	$247K	25x	as long as short
01 Exchange DOGEUSD	+0.0160%	1h	0.1000	−0.081%	$445	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0193%	1h	0.09994	−0.145%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1003	+0.182%	$16.2M	$26.9M	75x	as long as short
Arcus DOGE-USD	+0.0231%	1h	0.1001	−0.017%	$108K	$207K	10x	as long as short
Phoenix DOGE	+0.0235%	1h	0.1000	−0.060%	$18K	$382K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0252% / S −0.0290%	1h	0.1001	+0.007%	$324K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1002	+0.102%	$2.0M	$33.8M	50x	as long as short
RISEx DOGE/USDC	+0.0686%	1h	0.1000	−0.050%	$403K	$437K	10x	as long as short
Injective DOGE/USDC PERP	+0.1217%	1h	0.1053	+5.208%	$6K	$242K	12x	as long as short