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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Bulk against GRVT−0.161%55s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.300% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.013%+$1 on $10k
Price spread, last 4 days (all we have)+0.285%+$29 · spread now −0.161%, 7d avg +0.017%
Together, before fees+0.298%+ Points / potential airdropGRVT: Active · farm board+$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.179% cheaper against GRVT than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT DOGE_USDT_Perp0.10050.0100pay 0.0100% / 8h7h 18m$630K$4.5M10x
ShortBulk DOGE-USD0.10030.0100get 0.0013% / 1h18m 12s$384K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$0
Price spread: −0.161% → +0.017%
−$17.87
Slippage, 4 orders
−$14
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$47.87
Costs to cover
0.300%
Break-even
never at this rate
Slippage from GRVT: live order book, 6 min ago; Bulk: live order book, 56 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, 6 min ago0.50 bp7.6 bp −$812.3 bp −$12349.8 bp −$4,983doesn't fit
Sell Bulk live order book, 56 min ago5.04 bp8.5 bp −$98.5 bp −$858.5 bp −$85418.0 bp −$9,021

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−0.0174%8h0.1008+0.317%$153.4M$271.3M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1008+0.285%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1003−0.227%$416K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1006+0.080%$24K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1002−0.291%$225K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1008+0.328%$787K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1003−0.130%$1K$418K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1004−0.091%$515K$972K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1004−0.046%$5.0M$46.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1003−0.188%$334K$511K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1008+0.316%$320.7M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1008+0.367%$160.2M$438.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1009+0.387%$111.2M$973.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1004−0.110%$28K$82K10xas long as short
Bulk DOGE-USDshort+0.0100%1h0.1003−0.161%$384K$5K10x
Gate DOGE_USDT+0.0100%8h0.1008+0.307%$245.1M$130.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1008+0.337%$113.2M$225.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1008+0.357%$66.1M$42.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1007+0.228%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1009+0.377%$365K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1004−0.032%$989K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1005+0.026%$266K$124.4M20xas long as short
GRVT DOGE_USDT_Perplong+0.0100%8h0.1005long leg$630K$4.5M10x
ApeX Omni DOGEUSDT+0.0100%1h0.1004−0.081%$148K$268K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1004−0.041%$267K$635K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1007+0.168%$73K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006+0.155%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1005+0.047%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1007+0.178%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1008+0.314%$6.0M$52.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1008+0.367%$93.1M$17.6M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1003−0.212%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1006+0.133%$529K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1007+0.233%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1004−0.105%$530$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1005−0.017%$2K20xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0197%1h0.1007+0.177%$605K$121K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.1003−0.160%$15.5M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1008+0.317%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0240%1h0.1008+0.360%$65K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0272%1h0.1006+0.077%$316K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1004−0.122%$325K$404K10xas long as short
Hyperliquid DOGE+0.0805%1h0.1010+0.516%$123.0M$95.3M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1007+0.218%$5K$239K12xas long as short