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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0733%/8h= −80.3% APRnext payment $0.92 per $10,000 · paid last 24h −0.179%
Price spread now: Coinbase International against Injective−0.373%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$790.794% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.580%−$158 on $10k
Price spread, last 3 days (all we have)+0.327%+$33 · spread now −0.373%, 7d avg −0.166%
Together, before fees−1.253%−$125 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Coinbase International is 0.207% cheaper against Injective than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.166%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DOGE/USDC PERP0.10180.0973pay 0.0122% / 1h14m 58s$5K$239K12x
ShortCoinbase International DOGE-PERP-INTX0.10140.0240get 0.0030% / 1h14m 58s$2.0M$25.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
−$153.99
Price spread: −0.373% → −0.166%
−$20.74
Slippage, 4 orders
−$69.34
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$254.08
Costs to cover
0.794%
Break-even
never at this rate
Slippage from Injective: live order book, 59 min ago; Coinbase International: live order book, 4 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 Injective live order book, 59 min ago30.21 bp30.2 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago2.49 bp9.7 bp −$1014.6 bp −$14640.7 bp −$4,070doesn'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%8h0.1013−0.442%$154.0M$271.3M75xas long as short
Kraken Futures PF_DOGEUSD−0.0076%1h0.1014−0.366%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1015−0.337%$421K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1015−0.338%$610K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1014−0.375%$24K150xas long as short
dYdX DOGE-USD+0.0013%1h0.1015−0.321%$228K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1015−0.299%$801K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1014−0.383%$847$418K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1015−0.292%$520K$973K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1015−0.340%$5.1M$46.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1015−0.324%$338K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1015−0.337%$322.8M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1014−0.344%$161.1M$438.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1014−0.344%$112.1M$978.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1015−0.334%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−1.455%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1014−0.413%$246.7M$130.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1015−0.334%$113.9M$225.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1014−0.354%$66.5M$42.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1014−0.393%$76.1Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1014−0.354%$368K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010−0.747%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1007−1.034%$266K$124.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1007−1.061%$638K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1008−0.982%$148K$269K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1015−0.334%$270K$635K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1014−0.354%$74K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1014−0.366%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1015−0.289%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1014−0.363%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1014−0.399%$6.1M$52.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1014−0.363%$93.6M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1014−0.372%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1014−0.385%$534K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1015−0.329%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1014−0.357%$536$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1015−0.331%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1014−0.393%$15.5M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0240%1h0.1014−0.373%$2.0M$25.2M50x
Phoenix DOGE+0.0240%1h0.1011−0.682%$66K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0272%1h0.1014−0.367%$319K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1015−0.322%$328K$404K10xas long as short
Hyperliquid DOGE+0.0802%1h0.1015−0.260%$123.7M$95.4M10xas long as short
Injective DOGE/USDC PERPlong+0.0973%1h0.1018long leg$5K$239K12x