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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.007%
Price spread now: Polymarket Perps against Gate+0.067%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.304%−$30 on $10k
Price spread, last 3 days (all we have)+0.248%+$25 · spread now +0.067%, 7d avg +0.010%
Together, before fees−0.056%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.057% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.304%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DOGE_USDT0.099820.0068pay 0.0068% / 8h2h 55m$237.4M$117.6M75x
ShortPolymarket Perps DOGE-USD0.099890.0100get 0.0013% / 1h55m 03s$278K$545K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$6.72
Price spread: +0.067% → +0.010%
$5.73
Slippage, 4 orders
−$14.43
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$24.97
Costs to cover
0.374%
Break-even
33.0 days
Slippage from Gate: live order book, 4 min ago; Polymarket Perps: live order book, 32 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 Polymarket Perps live order book, 32 min ago3.00 bp7.0 bp −$77.4 bp −$74doesn'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−0.0275%8h0.09954−0.281%$152.9M$259.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09989+0.066%$339K$4.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09996+0.140%$33K150xas long as short
Gate DOGE_USDTlong+0.0068%8h0.09982long leg$237.4M$117.6M75x
01 Exchange DOGEUSD+0.0072%1h0.09990+0.085%$527$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0080%1h0.09999+0.166%$625K$88K25xas long as short
Phoenix DOGE+0.0081%1h0.09994+0.123%$17K$225K10xas long as short
Katana Perps DOGE-USD+0.0094%8h0.09981−0.010%$2K$328K10xas long as short
Lighter DOGE+0.0096%1h0.09995+0.131%$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%8h0.09989+0.075%$4.9M$40.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09988+0.064%$343K$524K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09982+0.004%$320.3M$1.24B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09962−0.200%$156.2M$391.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09962−0.200%$108.6M$887.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09991+0.090%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.381%$384K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09986+0.040%$113.5M$201.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09993+0.110%$65.8M$38.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09985+0.030%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1000+0.185%$1.1M$7.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09982+0.002%$265K$109.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09981−0.010%$628K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.020%$142K$221K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.09989+0.067%$278K$545K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.09997+0.150%$73K$359K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09994+0.115%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09990+0.082%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09994+0.120%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09996+0.140%$6.0M$45.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09992+0.100%$92.7M$18.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09985+0.035%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09963−0.186%$543K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09998+0.160%$19K3xas long as short
Backpack DOGE_USDC_PERP+0.0117%1h0.09992+0.100%$527K$799K15xas long as short
dYdX DOGE-USD+0.0124%1h0.09988+0.065%$224K$44K10xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09992+0.096%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09998+0.160%$15.4M$23.9M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.1000+0.190%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0212%1h0.09997+0.149%$338K200xas long as short
Kraken Futures PF_DOGEUSD+0.0286%1h0.09996+0.140%$6.9M$30.2M50xas long as short
RISEx DOGE/USDC+0.0536%1h0.09992+0.102%$315K$476K10xas long as short
Hyperliquid DOGE+0.0733%1h0.09995+0.130%$115.7M$74.3M10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.1001+0.281%$5K$153K12xas long as short