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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0534%/8h= +58.4% APRpaid last 24h +0.016%
Price spread now: Arcus against HTX+0.314%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$480.480% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.280%−$28 · spread now +0.314%, 7d avg −0.018%
Together, before fees−0.266%−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Arcus is 0.332% dearer against HTX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.014% in total (about 1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DOGE-USDT0.10420.0100pay 0.0100% / 8h3h 31m$6.2M$64.4M75x
ShortArcus DOGE-USD0.10450.0634get 0.0079% / 1h31m 57s$113K$200K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against HTX. 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
$112.06
Price spread: +0.314% → −0.018%
$33.17
Slippage, 4 orders
−$31.45
Fee HTX: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$97.28
Costs to cover
0.480%
Break-even
0.9 days
Slippage from HTX: live order book, 2 min ago; Arcus: live order book, 17 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 HTX live order book, 2 min ago0.81 bp7.2 bp −$714.7 bp −$14744.0 bp −$4,402doesn't fit
Sell Arcus live order book, 17 min ago11.93 bp15.1 bp −$1528.0 bp −$280doesn't fitdoesn't fit

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
Kalshi KXDOGEPERP0.0000%8h0.1044+0.241%$738K$6.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1041−0.066%$25K150xas long as short
dYdX DOGE-USD+0.0003%1h0.1045+0.305%$235K$70K10xas long as short
Bitget DOGEUSDT+0.0040%8h0.1040−0.147%$136.8M$313.9M75xas long as short
Lighter DOGE+0.0096%1h0.1043+0.058%$740K$6.4M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1042+0.021%$565K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1041−0.082%$5.0M$54.0M75xas long as short
Pacifica DOGE+0.0100%1h0.1045+0.333%$337K$514K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1041−0.082%$346.6M$1.59B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1041−0.128%$172.6M$492.2M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1041−0.128%$119.0M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1046+0.416%$402K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1041−0.099%$257.9M$143.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1041−0.128%$117.7M$242.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1040−0.156%$68.5M$47.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1041−0.051%$79.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1041−0.137%$350K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1048+0.560%$1.2M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1050+0.759%$335K$135.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1050+0.813%$664K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1053+1.062%$154K$324K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1043+0.074%$263K$954K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1042+0.026%$73K$446K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1042+0.019%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1042+0.013%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1042+0.007%$2K$5.0M10xas long as short
HTX DOGE-USDTlong+0.0100%8h0.1042long leg$6.2M$64.4M75x
Phemex DOGEUSDT+0.0100%8h0.1042−0.022%$95.8M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.1044+0.203%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1040−0.157%$502K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1042+0.007%$20K3xas long as short
Katana Perps DOGE-USD+0.0124%8h0.1044+0.179%$998$494K10xas long as short
Reya DOGERUSDPERP+0.0192%1h0.1041−0.045%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1045+0.323%$16.7M$27.5M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0230%1h0.1042+0.042%$587K$242K25xas long as short
Phoenix DOGE+0.0235%1h0.1055+1.242%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0242%1h0.1042−0.020%$5.6M$38.4M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0320%1h0.1041−0.054%$344K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1044+0.243%$464$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1042+0.045%$2.2M$32.8M50xas long as short
Hyperliquid DOGE+0.0543%1h0.1043+0.073%$130.3M$109.0M10xas long as short
Arcus DOGE-USDshort+0.0634%1h0.1045+0.314%$113K$200K10x
RISEx DOGE/USDC+0.0728%1h0.1045+0.275%$422K$427K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+1.062%$6K$242K12xas long as short