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−0.0939%/8h= −102.8% APRpaid last 24h −0.201%
Price spread now: edgeX against Injective−0.656%7-day average −0.221% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$830.827% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.475%−$148 on $10k
Price spread, last 3 days (all we have)+0.681%+$68 · spread now −0.656%, 7d avg −0.221%
Together, before fees−0.794%+ Points / potential airdropedgeX: Active · farm board−$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and edgeX is 0.435% cheaper against Injective than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of −0.221%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DOGE/USDC PERP0.10140.1039pay 0.0130% / 1h54m 21s$5K$239K12x
ShortedgeX DOGEUSDC0.10070.0100get 0.0050% / 4h54m 21s$276K$117.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$197.09
Price spread: −0.656% → −0.221%
−$43.55
Slippage, 4 orders
−$73.66
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$323.32
Costs to cover
0.827%
Break-even
never at this rate
Slippage from Injective: live order book, 25 min ago; edgeX: live order book, 5 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, 25 min ago34.84 bp34.9 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 5 min ago1.99 bp6.5 bp −$66.8 bp −$6813.8 bp −$1,379doesn'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−0.0250%8h0.1010−0.385%$154.2M$267.6M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1012−0.233%$419K$4.7M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1011−0.320%$33K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0017%1h0.1012−0.238%$612K$109K25xas long as short
Phoenix DOGE+0.0081%1h0.1012−0.237%$67K$281K10xas long as short
Gate DOGE_USDT+0.0088%8h0.1010−0.355%$244.2M$125.0M75xas long as short
Lighter DOGE+0.0096%1h0.1011−0.305%$795K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1011−0.256%$845$378K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1011−0.261%$601K$893K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1012−0.237%$5.0M$44.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1011−0.318%$337K$504K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1011−0.302%$322.6M$1.34B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1011−0.316%$159.5M$426.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1011−0.266%$110.5M$945.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1012−0.197%$28K$77K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1004−1.023%$385K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1011−0.306%$115.1M$217.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1011−0.325%$66.6M$41.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1011−0.276%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.758%$1.0M$8.1Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.1007−0.656%$276K$117.0M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.1008−0.641%$642K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1008−0.592%$148K$247K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1011−0.335%$264K$551K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1011−0.276%$74K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1011−0.252%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1012−0.175%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1011−0.256%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1012−0.187%$6.0M$50.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1012−0.197%$93.7M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1011−0.303%$18K$5K30xas long as short
Kraken Futures PF_DOGEUSD+0.0104%1h0.1011−0.257%$6.0M$33.0M50xas long as short
Extended DOGE-USD+0.0104%1h0.1011−0.300%$557K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1012−0.245%$19K3xas long as short
dYdX DOGE-USD+0.0126%1h0.1010−0.413%$227K$44K10xas long as short
Reya DOGERUSDPERP+0.0178%1h0.1011−0.320%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1012−0.187%$15.4M$25.2M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.1012−0.196%$534$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1012−0.217%$2.0M$24.0M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.1011−0.318%$314K200xas long as short
Backpack DOGE_USDC_PERP+0.0501%1h0.1013−0.138%$541K$960K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.1012−0.188%$317K$475K10xas long as short
Hyperliquid DOGE+0.0908%1h0.1012−0.158%$115.8M$85.6M10xas long as short
Injective DOGE/USDC PERPlong+0.1039%1h0.1014long leg$5K$239K12x