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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.204%
Price spread now: Orderly against Injective−6.116%58s7-day average · you buy dearer than you sell
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 7 days−1.579%−$158 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 6.116% cheaper against Injective than usual: you would sell low and buy high (spread −6.116% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$612 on $10k: about 10 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.579%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DOGE/USDC PERP0.10530.0033pay 0.0004% / 1h1m 30s$6K$242K12x
ShortOrderly PERP_DOGE_USDC0.098860.0100get 0.0100% / 8h1m 30s$70K$478K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$14
Price spread: −6.116% → 0.000%
−$611.59
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$603.61
Costs to cover
0.060%
Break-even
308.8 days
Slippage unknown: Injective: no order-book sample; Orderly: 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 Injective no order-book sample
Sell Orderly no order-book sample
Injective and Orderly: 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
Kraken Futures PF_DOGEUSD−0.0061%1h0.09888−6.094%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0004%8h0.09881−6.163%$140.1M$347.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09891−6.068%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09883−6.147%$35K150xas long as short
Injective DOGE/USDC PERPlong+0.0033%1h0.1053long leg$6K$242K12x
Polymarket Perps DOGE-USD+0.0036%1h0.09895−6.033%$257K$1.2M10xas long as short
dYdX DOGE-USD+0.0037%1h0.09876−6.211%$222K$63K10xas long as short
Lighter DOGE+0.0096%1h0.09887−6.103%$825K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09885−6.121%$535K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09896−6.026%$123.3M$117.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09887−6.110%$4.9M$59.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09880−6.174%$321K$507K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09887−6.104%$326.9M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09885−6.125%$163.4M$525.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09891−6.068%$114.8M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09880−6.173%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09910−5.888%$378K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09872−6.249%$248.8M$159.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09887−6.106%$116.4M$259.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09887−6.106%$66.2M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09881−6.163%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09882−6.154%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09890−6.076%$1.0M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09883−6.141%$300K$139.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09904−5.944%$627K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880−6.173%$141K$346K25xas long as short
Orderly PERP_DOGE_USDCshort+0.0100%8h0.09886−6.116%$70K$478K50x
Derive DOGE-PERP+0.0100%1h0.09879−6.178%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09892−6.059%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09887−6.106%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09887−6.105%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09886−6.116%$90.4M$16.7M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09875−6.224%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09873−6.243%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09887−6.106%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09887−6.106%$1K$543K10xas long as short
Phoenix DOGE+0.0160%1h0.09888−6.098%$18K$382K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0175%1h0.09890−6.078%$568K$263K25xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09887−6.111%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09896−6.021%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09893−6.049%$15.4M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09886−6.113%$440$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0377% / S −0.0750%1h0.09881−6.160%$615K200xas long as short
RISEx DOGE/USDC+0.0731%1h0.09887−6.107%$398K$455K10xas long as short