Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0628%/8h= +68.8% APRpaid last 24h +0.164%

Price spread now: RISEx against Gate+0.047%7-day average +0.064% · 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−$39as in the Price arb table

costs, in and out, $10k−$370.375% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.370%+$37 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.047%, 7d avg +0.064%

Together, before fees+0.324%+$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DOGE_USDT	0.1049	0.0100	pay 0.0100% / 8h	3h 55m	$257.5M	$139.2M	75x
Short	RISEx DOGE/USDC	0.1049	0.0728	get 0.0091% / 1h	55m 00s	$424K	$426K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.047%Rate

Funding earned: $131.88
Price spread: +0.047% → +0.064%: −$1.73
Slippage, 4 orders: −$16.45
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: $92.69
Costs to cover: 0.375%
Break-even: 2.1 days

Slippage from Gate: live order book, 4 min ago; RISEx: live order book, 63 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, 4 min ago	0.49 bp	12.9 bp −$13	21.2 bp −$212	29.0 bp −$2,902	49.4 bp −$24.7K
Sell RISEx live order book, 63 min ago	3.54 bp	6.5 bp −$7	12.6 bp −$126	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	−0.0015%	8h	0.1047	−0.219%	$142.6M	$304.4M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1049	−0.003%	$235K	$59K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1048	−0.105%	$616K	$167K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1050	+0.117%	$25K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.1049	+0.040%	$769K	$6.3M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1048	−0.119%	$567K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1048	−0.057%	$4.9M	$52.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1051	+0.228%	$346K	$491K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1048	−0.086%	$346.1M	$1.54B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1048	−0.114%	$173.5M	$474.5M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1047	−0.153%	$118.4M	$1.12B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1005	−4.205%	$386K	$859	10x	as long as short
Gate DOGE_USDTlong	+0.0100%	8h	0.1049	long leg	$257.5M	$139.2M	75x
MEXC DOGE_USDT	+0.0100%	8h	0.1050	+0.095%	$117.8M	$238.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1048	−0.067%	$69.5M	$44.9M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1049	−0.010%	—	$3.5M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1049	+0.054%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1027	−2.101%	$312K	$133.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1028	−1.953%	$651K	$4.5M	10x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1047	−0.162%	$268K	$883K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1049	−0.010%	$74K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1049	+0.007%	$26K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1049	−0.026%	$37K	$2.2M	30x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1047	−0.151%	$6.3M	$61.6M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1049	+0.038%	$96.5M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0103%	8h	0.1046	−0.231%	$19K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1046	−0.281%	$512K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1045	−0.378%	$20K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0128%	8h	0.1050	+0.086%	$882	$477K	10x	as long as short
ApeX Omni DOGEUSDT	+0.0174%	1h	0.1027	−2.088%	$149K	$293K	25x	as long as short
Reya DOGERUSDPERP	+0.0191%	1h	0.1048	−0.098%	$2K	—	20x	as long as short
SoDEX DOGE-USD	+0.0210%	1h	0.1048	−0.048%	$2K	$4.7M	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1047	−0.200%	$16.4M	$27.4M	75x	as long as short
Kraken Futures PF_DOGEUSD	+0.0240%	1h	0.1048	−0.067%	$6.0M	$36.5M	50x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1022	−2.544%	$66K	$292K	10x	as long as short
01 Exchange DOGEUSD	+0.0248%	1h	0.1049	−0.008%	$466	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0260% / S −0.0317%	1h	0.1049	0.000%	$343K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1049	+0.019%	$2.1M	$31.0M	50x	as long as short
Kalshi KXDOGEPERP	+0.0307%	8h	0.1050	+0.073%	$729K	$6.0M	2.8x	as long as short
Backpack DOGE_USDC_PERP	+0.0404%	1h	0.1050	+0.057%	$346K	$1.2M	15x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1049	0.000%	$114K	$199K	10x	as long as short
Hyperliquid DOGE	+0.0649%	1h	0.1051	+0.162%	$129.1M	$105.4M	10x	as long as short
RISEx DOGE/USDCshort	+0.0728%	1h	0.1049	+0.047%	$424K	$426K	10x
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	+0.391%	$6K	$242K	12x	as long as short