Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0944%/8h= +103.4% APRpaid last 24h +0.202%

Price spread now: Injective against Gate+0.291%7-day average +0.212% · you sell dearer than you buy

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

Long on Gate Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+1.552%+$155 on $10k

Price spread, last 3 days (all we have)−0.325%−$32 · spread now +0.291%, 7d avg +0.212%

Together, before fees+1.227%+$123 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Injective is 0.079% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.212%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DOGE_USDT	0.09981	0.0069	pay 0.0069% / 8h	2h 56m	$237.4M	$117.6M	75x
Short	Injective DOGE/USDC PERP	0.1001	0.1013	get 0.0127% / 1h	56m 28s	$5K	$153K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.291%Rate

Funding earned: $198.22
Price spread: +0.291% → +0.212%: $7.89
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $191.1
Costs to cover: 0.150%
Break-even: 0.3 days

Slippage unknown: Gate: live order book, 3 min ago; Injective: live order book, 32 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 Gate live order book, 3 min ago	0.50 bp	11.4 bp −$11	17.4 bp −$174	33.9 bp −$3,395	55.6 bp −$27.8K
Sell Injective live order book, 32 min ago	35.12 bp	49.6 bp −$50	doesn't fit	doesn't fit	doesn't fit

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	−0.0273%	8h	0.09970	−0.110%	$153.2M	$259.1M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09982	+0.011%	$338K	$4.3M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09984	+0.030%	$624K	$89K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09979	−0.016%	$33K	—	150x	as long as short
01 Exchange DOGEUSD	+0.0064%	1h	0.09977	−0.040%	$527	$4K	10x	as long as short
Gate DOGE_USDTlong	+0.0069%	8h	0.09981	long leg	$237.4M	$117.6M	75x
Phoenix DOGE	+0.0081%	1h	0.09994	+0.133%	$17K	$225K	10x	as long as short
Katana Perps DOGE-USD	+0.0094%	8h	0.09978	−0.030%	$1K	$328K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1000	+0.220%	$813K	$5.0M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09975	−0.060%	$712K	$651K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09996	+0.146%	$4.9M	$40.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.10000	+0.186%	$343K	$524K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09977	−0.043%	$320.1M	$1.25B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09978	−0.030%	$156.4M	$394.4M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09981	0.000%	$108.4M	$888.5M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09982	+0.010%	$28K	$75K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1002	+0.391%	$384K	$19K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09982	+0.010%	$113.5M	$201.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09973	−0.080%	$65.7M	$38.8M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09987	+0.060%	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09991	+0.100%	$526K	$804K	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1004	+0.568%	$1.1M	$7.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1002	+0.367%	$266K	$109.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1002	+0.352%	$631K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1001	+0.291%	$143K	$221K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09977	−0.036%	$278K	$550K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09982	+0.010%	$73K	$359K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09982	+0.014%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09983	+0.022%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09982	+0.010%	$2K	$3.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09989	+0.078%	$6.0M	$45.9M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09985	+0.040%	$92.7M	$18.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09987	+0.063%	$19K	$3K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09978	−0.026%	$542K	$3.5M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09983	+0.021%	$19K	—	3x	as long as short
dYdX DOGE-USD	+0.0165%	1h	0.09996	+0.149%	$224K	$44K	10x	as long as short
Reya DOGERUSDPERP	+0.0173%	1h	0.09981	−0.004%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09983	+0.020%	$15.4M	$23.9M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09982	+0.010%	$2.0M	$22.2M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0243% / S −0.0212%	1h	0.09978	−0.027%	$337K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0286%	1h	0.09987	+0.056%	$6.9M	$30.4M	50x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09983	+0.020%	$314K	$479K	10x	as long as short
Hyperliquid DOGE	+0.0709%	1h	0.09996	+0.146%	$115.8M	$74.2M	10x	as long as short
Injective DOGE/USDC PERPshort	+0.1013%	1h	0.1001	+0.291%	$5K	$153K	12x