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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.032%
Price spread now: Deribit against HTX+0.024%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.212%−$21 on $10k
Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.024%, 7d avg −0.022%
Together, before fees−0.238%−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.045% dearer against HTX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.022%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.212% in total) that is about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DOGE-USDT0.10120.0100pay 0.0100% / 8h7h 15m$6.0M$52.8M75x
ShortDeribit DOGE_USDC-PERPETUAL0.10120.0066get 0.0008% / 1h15m 57s$609K$121K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$7.14
Price spread: +0.024% → −0.022%
$4.54
Slippage, 4 orders
−$14.71
Fee HTX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$36.31
Costs to cover
0.337%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; Deribit: live order book, 58 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, 3 min ago0.25 bp6.4 bp −$614.1 bp −$14150.4 bp −$5,044doesn't fit
Sell Deribit live order book, 58 min ago3.53 bp9.4 bp −$937.2 bp −$372doesn'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
Bitget DOGEUSDT−0.0171%8h0.1012+0.041%$153.9M$271.4M75xas long as short
Kraken Futures PF_DOGEUSD−0.0076%1h0.1012+0.023%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1012+0.073%$420K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1011−0.044%$24K150xas long as short
dYdX DOGE-USD+0.0013%1h0.1009−0.240%$227K$44K10xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0066%1h0.1012+0.024%$609K$121K25x
Lighter DOGE+0.0096%1h0.1013+0.097%$801K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1010−0.137%$1K$418K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1011−0.098%$518K$973K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1012+0.005%$5.1M$46.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1010−0.159%$337K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1013+0.100%$322.2M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1013+0.100%$160.7M$438.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1013+0.100%$111.9M$977.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1011−0.088%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.840%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1012+0.041%$246.9M$130.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1012+0.041%$113.3M$225.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1012+0.050%$66.4M$42.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1012+0.050%$76.1Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1012+0.070%$367K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010−0.128%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1005−0.654%$266K$124.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1005−0.680%$630K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1004−0.760%$148K$268K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1010−0.147%$269K$635K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1011−0.048%$74K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1011−0.055%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1012−0.002%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1012+0.031%$2K$3.8M10xas long as short
HTX DOGE-USDTlong+0.0100%8h0.1012long leg$6.0M$52.8M75x
Phemex DOGEUSDT+0.0100%8h0.1012+0.031%$93.4M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1010−0.147%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1013+0.093%$534K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1012+0.065%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1011−0.074%$534$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1011−0.109%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1008−0.315%$15.5M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1012+0.021%$2.0M$25.2M50xas long as short
Phoenix DOGE+0.0240%1h0.1008−0.322%$65K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0272%1h0.1011−0.059%$317K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1011−0.097%$327K$404K10xas long as short
Hyperliquid DOGE+0.0802%1h0.1013+0.169%$123.4M$95.4M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1007−0.464%$5K$239K12xas long as short