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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against GRVT+0.172%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.172%, 7d avg +0.057%
Together, before fees+0.035%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.115% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT DOGE_USDT_Perp0.099770.0100pay 0.0100% / 8h1h 36m$630K$4.7M10x
ShortBloFin DOGE-USDT0.099940.0220get 0.0220% / 8h1h 36m$16.3M$27.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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
$25.2
Price spread: +0.172% → +0.057%
$11.49
Slippage, 4 orders
−$12.76
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.93
Costs to cover
0.338%
Break-even
6.2 days
Slippage from GRVT: live order book, 7 min ago; BloFin: live order book, 2 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 GRVT live order book, 7 min ago1.00 bp12.3 bp −$1217.9 bp −$17952.6 bp −$5,264doesn't fit
Sell BloFin live order book, 2 min ago1.00 bp7.0 bp −$710.5 bp −$10518.5 bp −$1,85238.0 bp −$19.0K

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
Kraken Futures PF_DOGEUSD−0.0082%1h0.09997+0.203%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09996+0.189%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09989+0.117%$611K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09994+0.168%$34K150xas long as short
Polymarket Perps DOGE-USD+0.0019%1h0.09990+0.134%$266K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.545%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0070%8h0.09969−0.078%$142.1M$344.1M75xas long as short
Phoenix DOGE+0.0080%1h0.09964−0.131%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09983+0.065%$850K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09994+0.172%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.099770.000%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09996+0.195%$320K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09975−0.020%$327.6M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09974−0.028%$165.4M$520.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09972−0.048%$117.7M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09965−0.117%$383K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09975−0.018%$249.4M$155.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09978+0.012%$110.5M$257.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09978+0.012%$66.4M$50.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09983+0.062%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09982+0.052%$304K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09969−0.081%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09975−0.023%$304K$140.2M20xas long as short
GRVT DOGE_USDT_Perplong+0.0100%8h0.09977long leg$630K$4.7M10x
ApeX Omni DOGEUSDT+0.0100%1h0.09980+0.032%$149K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09995+0.182%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09978+0.013%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09999+0.217%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09996+0.192%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09996+0.196%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09987+0.102%$91.7M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09998+0.211%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09974−0.033%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09996+0.192%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09994+0.172%$835$533K10xas long as short
Hyperliquid DOGE+0.0120%1h0.09984+0.076%$123.9M$116.3M10xas long as short
Reya DOGERUSDPERP+0.0197%1h0.09994+0.175%$2K20xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.09994+0.172%$16.3M$27.1M75x
Deribit DOGE_USDC-PERPETUAL+0.0240%1h0.09999+0.220%$574K$252K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09999+0.222%$1.9M$34.8M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0251% / S −0.0297%1h0.09995+0.183%$314K200xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1000+0.282%$445$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.09996+0.192%$24K$303K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1001+0.284%$403K$452K10xas long as short