Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0215%/8h= −23.5% APRpaid last 24h +0.030%

Price spread now: Bitget against gTrade (Gains Network)+0.108%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Bitget is 0.108% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 40 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) DOGE/USD	0.09911	L +0.0001% / S 0.0000%	pay 0.0000% / 1h	4m 59s	$24K	—	150x
Short	Bitget DOGEUSDT	0.09922	−0.0214	pay 0.0214% / 8h	4m 59s	$151.5M	$270.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BitgetbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$45.15
Price spread: +0.108% → 0.000%: $10.79
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.37
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 4 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	1.01 bp	9.5 bp −$9	14.9 bp −$149	22.4 bp −$2,240	46.2 bp −$23.1K

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 DOGEUSDTshort	−0.0214%	8h	0.09922	+0.108%	$151.5M	$270.4M	75x
Kalshi KXDOGEPERP	0.0000%	8h	0.09910	−0.009%	$394K	$4.8M	2.8x	as long as short
gTrade (Gains Network) DOGE/USDlong	L +0.0001% / S 0.0000%	1h	0.09911	long leg	$24K	—	150x
Deribit DOGE_USDC-PERPETUAL	+0.0063%	1h	0.09915	+0.034%	$596K	$121K	25x	as long as short
Gate DOGE_USDT	+0.0069%	8h	0.09926	+0.148%	$241.6M	$129.1M	75x	as long as short
dYdX DOGE-USD	+0.0070%	1h	0.09904	−0.078%	$222K	$44K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09916	+0.043%	$783K	$5.6M	15x	as long as short
Katana Perps DOGE-USD	+0.0098%	8h	0.09914	+0.027%	$958	$394K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09912	+0.007%	$508K	$976K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09927	+0.156%	$4.8M	$46.0M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.09906	−0.056%	$330K	$511K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09932	+0.207%	$315.0M	$1.38B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09930	+0.189%	$156.3M	$434.7M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09934	+0.229%	$109.4M	$951.2M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09920	+0.088%	$28K	$82K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09929	+0.178%	$110.9M	$223.1M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09929	+0.178%	$65.5M	$42.1M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09921	+0.098%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09893	−0.183%	$994K	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09911	−0.005%	$256K	$120.7M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09921	+0.098%	$634K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09900	−0.114%	$145K	$252K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09908	−0.034%	$255K	$556K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09911	−0.003%	$72K	$446K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09910	−0.017%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09914	+0.032%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09913	+0.017%	$2K	$3.6M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09913	+0.012%	$5.9M	$52.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09913	+0.017%	$91.6M	$19.2M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09909	−0.024%	$380K	$12K	10x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09905	−0.063%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09927	+0.159%	$518K	$3.7M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09914	+0.026%	$19K	—	3x	as long as short
Kraken Futures PF_DOGEUSD	+0.0106%	1h	0.09912	+0.002%	$5.9M	$33.6M	50x	as long as short
Reya DOGERUSDPERP	+0.0180%	1h	0.09912	+0.012%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.09919	+0.074%	$524	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09911	−0.003%	$15.2M	$25.2M	75x	as long as short
Phoenix DOGE	+0.0239%	1h	0.09916	+0.049%	$66K	$281K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09921	+0.098%	$2.0M	$24.1M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0243% / S −0.0262%	1h	0.09909	−0.019%	$305K	—	200x	as long as short
Backpack DOGE_USDC_PERP	+0.0305%	1h	0.09917	+0.057%	$383K	$1.1M	15x	as long as short
RISEx DOGE/USDC	+0.0708%	1h	0.09920	+0.088%	$313K	$477K	10x	as long as short
Hyperliquid DOGE	+0.0818%	1h	0.09926	+0.144%	$116.0M	$90.3M	10x	as long as short
Injective DOGE/USDC PERP	+0.1039%	1h	0.09940	+0.289%	$5K	$239K	12x	as long as short