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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0089%/8h= +9.7% APRpaid last 24h +0.017%
Price spread now: Reya against GRVT+0.092%64s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.092% dearer against GRVT than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT DOGE_USDT_Perp0.098540.0100pay 0.0100% / 8h4h 46m$620K$4.4M10x
ShortReya DOGERUSDPERP0.098630.0189get 0.0024% / 1h46m 17s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$18.59
Price spread: +0.092% → 0.000%
$9.24
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Reya: 3 bp × 2 orders
−$6
Net
$12.82
Costs to cover
0.150%
Break-even
2.2 days
Slippage unknown: GRVT: live order book, 3 min ago; Reya: no order-book sample. Net counts fees only.

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, 3 min ago0.51 bp7.9 bp −$812.7 bp −$12750.4 bp −$5,037doesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0059%8h0.09871+0.171%$149.2M$275.0M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09884+0.298%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09867+0.132%$432K$5.2M2.8xas long as short
dYdX DOGE-USD+0.0001%1h0.09864+0.102%$221K$49K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09866+0.118%$23K150xas long as short
Polymarket Perps DOGE-USD+0.0037%1h0.09862+0.076%$256K$831K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0094%1h0.09880+0.265%$590K$118K25xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09870+0.161%$2K$448K10xas long as short
Lighter DOGE+0.0096%1h0.09867+0.127%$725K$6.2M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09871+0.176%$523K$1.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09867+0.131%$4.5M$49.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09870+0.162%$320K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09868+0.144%$315.0M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09876+0.222%$159.0M$442.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09879+0.252%$110.3M$986.9M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09930+0.770%$381K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09862+0.080%$241.1M$133.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09867+0.131%$111.3M$233.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09866+0.121%$65.2M$43.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09867+0.131%$76.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09855+0.009%$309K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09868+0.138%$979K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09859+0.052%$292K$129.3M20xas long as short
GRVT DOGE_USDT_Perplong+0.0100%8h0.09854long leg$620K$4.4M10x
ApeX Omni DOGEUSDT+0.0100%1h0.09860+0.060%$144K$283K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09877+0.232%$69K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09875+0.216%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09882+0.288%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09883+0.293%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09864+0.099%$5.9M$57.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09856+0.019%$90.6M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09866+0.117%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09879+0.251%$495K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09877+0.229%$19K3xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09872+0.185%$526$4K10xas long as short
Reya DOGERUSDPERPshort+0.0189%1h0.09863+0.092%$2K20x
BloFin DOGE-USDT+0.0220%8h0.09855+0.009%$15.5M$24.9M75xas long as short
Phoenix DOGE+0.0242%1h0.09874+0.203%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09865+0.107%$309K200xas long as short
Hyperliquid DOGE+0.0265%1h0.09876+0.220%$120.2M$100.1M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09887+0.334%$2.3M$26.6M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09882+0.283%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09877+0.227%$399K$412K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09890+0.364%$5K$239K12xas long as short