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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.026%
Price spread now: Deribit against Gate+0.128%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.137%−$14 on $10k
Price spread, last 3 days (all we have)−0.090%−$9 · spread now +0.128%, 7d avg +0.032%
Together, before fees−0.227%−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.096% dearer against Gate than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.032%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DOGE_USDT0.10010.0078pay 0.0078% / 8h31m 36s$241.0M$127.0M75x
ShortDeribit DOGE_USDC-PERPETUAL0.10020.0010get 0.0001% / 1h31m 36s$603K$117K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$14.28
Price spread: +0.128% → +0.032%
$9.6
Slippage, 4 orders
−$17.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$44.35
Costs to cover
0.397%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Deribit: live order book, 47 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, 2 min ago0.50 bp11.6 bp −$1220.5 bp −$20536.2 bp −$3,62158.8 bp −$29.4K
Sell Deribit live order book, 47 min ago4.98 bp9.5 bp −$915.8 bp −$158doesn'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−0.0240%8h0.1000−0.040%$152.2M$268.8M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1002+0.166%$415K$4.7M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1002+0.131%$23K150xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0010%1h0.1002+0.128%$603K$117K25x
dYdX DOGE-USD+0.0057%1h0.1001+0.017%$225K$44K10xas long as short
Gate DOGE_USDTlong+0.0078%8h0.1001long leg$241.0M$127.0M75x
Lighter DOGE+0.0096%1h0.1002+0.117%$792K$5.5M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1001+0.010%$2K$390K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1002+0.140%$539K$961K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1001+0.049%$5.0M$45.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1001+0.086%$334K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001+0.068%$318.5M$1.36B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001+0.030%$157.6M$430.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001+0.050%$108.8M$946.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1001+0.080%$31K$80K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1008+0.750%$386K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001+0.080%$111.3M$220.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001+0.060%$65.8M$41.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1001+0.020%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1006+0.593%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1007+0.649%$276K$118.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1007+0.650%$636K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1005+0.450%$148K$250K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1002+0.120%$258K$556K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1002+0.100%$73K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1001+0.094%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1002+0.169%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1001+0.070%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1001+0.087%$6.0M$51.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001+0.090%$92.6M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1001+0.028%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001+0.018%$527K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1001+0.082%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0105%1h0.1001+0.053%$5.9M$33.3M50xas long as short
Reya DOGERUSDPERP+0.0179%1h0.1002+0.117%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1002+0.140%$15.4M$25.3M75xas long as short
01 Exchange DOGEUSD+0.0232%1h0.1003+0.214%$529$4K10xas long as short
Phoenix DOGE+0.0239%1h0.1009+0.808%$67K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1002+0.180%$2.0M$24.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0273%1h0.1002+0.120%$316K200xas long as short
Backpack DOGE_USDC_PERP+0.0378%1h0.1002+0.150%$535K$965K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.1002+0.100%$314K$475K10xas long as short
Hyperliquid DOGE+0.0898%1h0.1002+0.170%$117.5M$89.0M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.1012+1.149%$5K$239K12xas long as short