Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%

Price spread now: edgeX against GRVT−0.125%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$260.261% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days+0.011%+$1 · spread now −0.125%, 7d avg −0.044%

Together, before fees+0.031%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$3 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: edgeX is 0.081% cheaper against GRVT than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT DOGE_USDT_Perp	0.1003	0.0100	pay 0.0100% / 8h	1h 21m	$634K	$4.6M	10x
Short	edgeX DOGEUSDC	0.1002	0.0100	get 0.0050% / 4h	1h 21m	$275K	$116.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee GRVTbpFee edgeXbpOrdersPrice spread, now −0.125%Rate

Funding earned: $0
Price spread: −0.125% → −0.044%: −$8.1
Slippage, 4 orders: −$8.06
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$34.16
Costs to cover: 0.261%
Break-even: never at this rate

Slippage from GRVT: live order book, 3 min ago; edgeX: live order book, 3 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 GRVT live order book, 3 min ago	0.50 bp	6.8 bp −$7	13.3 bp −$133	49.3 bp −$4,927	doesn't fit
Sell edgeX live order book, 3 min ago	1.99 bp	6.5 bp −$6	6.9 bp −$69	16.0 bp −$1,596	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	−0.0263%	8h	0.1006	+0.301%	$153.7M	$266.3M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1007	+0.316%	$419K	$4.7M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1007	+0.395%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0010%	1h	0.1009	+0.511%	$226K	$44K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0028%	1h	0.1008	+0.413%	$610K	$109K	25x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1009	+0.523%	$67K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0092%	8h	0.1007	+0.370%	$242.6M	$124.3M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1009	+0.565%	$795K	$5.4M	15x	as long as short
Katana Perps DOGE-USD	+0.0097%	8h	0.1008	+0.450%	$842	$371K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1008	+0.425%	$581K	$856K	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	0.1008	+0.465%	$5.0M	$43.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1009	+0.536%	$337K	$508K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1008	+0.411%	$320.9M	$1.32B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1007	+0.400%	$159.8M	$421.0M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1007	+0.400%	$109.8M	$934.3M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1009	+0.520%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09966	−0.679%	$382K	$14K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1008	+0.420%	$111.5M	$217.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1008	+0.420%	$66.3M	$41.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1008	+0.420%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1001	−0.235%	$1.0M	$8.1M	—	as long as short
edgeX DOGEUSDCshort	+0.0100%	4h	0.1002	−0.125%	$275K	$116.1M	20x
GRVT DOGE_USDT_Perplong	+0.0100%	8h	0.1003	long leg	$634K	$4.6M	10x
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1002	−0.138%	$146K	$244K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1007	+0.380%	$269K	$541K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1007	+0.390%	$73K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1007	+0.391%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1008	+0.438%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1008	+0.410%	$2K	$3.6M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1008	+0.460%	$6.0M	$50.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1007	+0.380%	$93.3M	$19.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1008	+0.461%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1007	+0.376%	$559K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1008	+0.415%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0177%	1h	0.1007	+0.396%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.1009	+0.525%	$533	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1008	+0.480%	$2.0M	$23.7M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1006	+0.271%	$15.4M	$25.0M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0270%	1h	0.1007	+0.393%	$315K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0362%	1h	0.1007	+0.402%	$6.0M	$32.8M	50x	as long as short
Backpack DOGE_USDC_PERP	+0.0413%	1h	0.1009	+0.550%	$539K	$956K	15x	as long as short
Hyperliquid DOGE	+0.0446%	1h	0.1009	+0.570%	$111.8M	$82.9M	10x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1009	+0.560%	$316K	$476K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1010	+0.659%	$5K	$207K	12x	as long as short