Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: Bulk against Gate+0.071%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on Gate Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.071%, 7d avg +0.042%

Together, before fees−0.151%−$15 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: Bulk is 0.029% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DOGE_USDT	0.09933	0.0100	pay 0.0100% / 8h	5h 17m	$243.2M	$133.4M	75x
Short	Bulk DOGE-USD	0.09940	0.0100	get 0.0013% / 1h	17m 47s	$381K	$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Gate. 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 GatebpFee BulkbpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → +0.042%: $2.92
Slippage, 4 orders: −$16.65
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$35.73
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bulk: live order book, 46 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 Gate live order book, 1 min ago	0.50 bp	10.2 bp −$10	18.3 bp −$183	28.4 bp −$2,842	47.2 bp −$23.6K
Sell Bulk live order book, 46 min ago	4.99 bp	8.5 bp −$8	8.5 bp −$85	16.7 bp −$1,670	28.5 bp −$14.3K

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	−0.0079%	8h	0.09928	−0.050%	$150.2M	$273.8M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09952	+0.191%	$223K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09931	−0.023%	$440K	$5.1M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09935	+0.021%	$594K	$118K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09932	−0.009%	$24K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.09947	+0.139%	$771K	$6.2M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09953	+0.201%	$995	$443K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09940	+0.076%	$532K	$996K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09943	+0.103%	$4.7M	$48.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09959	+0.262%	$327K	$483K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.09939	+0.060%	$318.1M	$1.44B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09934	+0.010%	$160.0M	$441.4M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09937	+0.040%	$110.9M	$985.1M	50x	as long as short
Bulk DOGE-USDshort	+0.0100%	1h	0.09940	+0.071%	$381K	$0	10x
Gate DOGE_USDTlong	+0.0100%	8h	0.09933	long leg	$243.2M	$133.4M	75x
MEXC DOGE_USDT	+0.0100%	8h	0.09937	+0.040%	$111.3M	$231.3M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09939	+0.060%	$65.8M	$43.4M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09938	+0.050%	—	$76.3M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09939	+0.060%	$327K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09983	+0.500%	$989K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09989	+0.565%	$298K	$128.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09956	+0.227%	$631K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1000	+0.675%	$146K	$279K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09939	+0.057%	$252K	$738K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09935	+0.020%	$70K	$438K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09932	−0.006%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09962	+0.291%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09936	+0.030%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09937	+0.040%	$5.9M	$56.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09941	+0.081%	$91.5M	$16.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0102%	8h	0.09957	+0.240%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09932	−0.010%	$499K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09934	+0.012%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0187%	1h	0.09936	+0.032%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.09955	+0.220%	$531	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09967	+0.342%	$15.6M	$25.1M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09997	+0.648%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0269%	1h	0.09932	−0.008%	$311K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09943	+0.101%	$2.3M	$26.3M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0308%	1h	0.09936	+0.030%	$5.7M	$35.3M	50x	as long as short
Hyperliquid DOGE	+0.0527%	1h	0.09947	+0.144%	$121.5M	$99.6M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09956	+0.236%	$399K	$366K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.09963	+0.302%	$128K	$179K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.1001	+0.775%	$5K	$239K	12x	as long as short