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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.021%
Price spread now: Coinbase International against Gate+0.040%50s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 3 days (all we have)−0.074%−$7 · spread now +0.040%, 7d avg +0.038%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DOGE_USDT0.099920.0068pay 0.0068% / 8h2h 55m$237.6M$117.6M75x
ShortCoinbase International DOGE-PERP-INTX0.099960.0224get 0.0028% / 1h55m 20s$2.0M$22.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$32.76
Price spread: +0.040% → +0.038%
$0.16
Slippage, 4 orders
−$17.79
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$9.87
Costs to cover
0.428%
Break-even
9.1 days
Slippage from Gate: live order book, 4 min ago; Coinbase International: live order book, 4 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 Gate live order book, 4 min ago0.50 bp11.4 bp −$1117.4 bp −$17433.9 bp −$3,39555.6 bp −$27.8K
Sell Coinbase International live order book, 4 min ago2.00 bp9.9 bp −$1014.9 bp −$14939.4 bp −$3,940doesn'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−0.0275%8h0.09982−0.100%$153.3M$259.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09987−0.048%$339K$4.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09996+0.040%$33K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0010%1h0.09988−0.037%$624K$89K25xas long as short
Gate DOGE_USDTlong+0.0068%8h0.09992long leg$237.6M$117.6M75x
01 Exchange DOGEUSD+0.0072%1h0.09990−0.015%$527$4K10xas long as short
Phoenix DOGE+0.0081%1h0.09994+0.023%$17K$225K10xas long as short
Katana Perps DOGE-USD+0.0094%8h0.09981−0.110%$2K$328K10xas long as short
Lighter DOGE+0.0096%1h0.09991−0.011%$806K$5.0M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09987−0.050%$713K$651K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09987−0.049%$4.9M$40.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09988−0.036%$343K$524K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09996+0.039%$320.7M$1.24B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09997+0.050%$156.7M$391.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09996+0.040%$108.5M$889.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09991−0.010%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.280%$384K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09993+0.010%$113.6M$201.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09984−0.080%$65.7M$38.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09996+0.040%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09998+0.060%$527K$800K15xas long as short
Variational Omni DOGE+0.0100%8h0.1000+0.085%$1.1M$7.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09982−0.098%$265K$109.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09981−0.110%$628K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.120%$142K$221K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09989−0.033%$278K$545K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09997+0.050%$73K$359K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09981−0.110%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09985−0.069%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09989−0.030%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09994+0.024%$6.0M$45.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09991−0.010%$92.7M$18.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09985−0.065%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09982−0.097%$543K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09998+0.060%$19K3xas long as short
dYdX DOGE-USD+0.0124%1h0.09988−0.036%$224K$44K10xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09992−0.004%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09983−0.090%$15.4M$23.9M75xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0224%1h0.09996+0.040%$2.0M$22.1M50x
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0212%1h0.09997+0.049%$338K200xas long as short
Kraken Futures PF_DOGEUSD+0.0286%1h0.09995+0.026%$6.9M$30.2M50xas long as short
RISEx DOGE/USDC+0.0536%1h0.09992+0.002%$315K$476K10xas long as short
Hyperliquid DOGE+0.0738%1h0.1001+0.140%$115.9M$74.3M10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.1001+0.180%$5K$153K12xas long as short