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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h −0.031%
Price spread now: Aster against Kraken Futures+0.237%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 3 days (all we have)−0.184%−$18 · spread now +0.237%, 7d avg −0.007%
Together, before fees−0.232%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.243% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of −0.007%): +$24 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 7 days (−0.048% in total) that is about 36 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% 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
LongKraken Futures PF_DOGEUSD0.098770.0290pay 0.0036% / 1h27m 56s$5.9M$31.6M50x
ShortAster DOGEUSDT0.099010.0100get 0.0100% / 8h2h 27m$4.8M$40.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
−$39.81
Price spread: +0.237% → −0.007%
$24.32
Slippage, 4 orders
−$11.58
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$45.07
Costs to cover
0.296%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Aster: live order book, 1 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 Kraken Futures live order book, 1 min ago1.52 bp11.0 bp −$1112.7 bp −$12730.6 bp −$3,056695.1 bp −$347.5K
Sell Aster live order book, 1 min ago1.01 bp6.0 bp −$66.4 bp −$6414.4 bp −$1,439doesn'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−0.0280%8h0.09890+0.129%$152.1M$260.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09881+0.037%$360K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09881+0.037%$618K$103K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09869−0.083%$32K150xas long as short
Gate DOGE_USDT+0.0066%8h0.09894+0.170%$235.3M$119.5M75xas long as short
Phoenix DOGE+0.0080%1h0.09864−0.138%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09867−0.104%$824$337K10xas long as short
Lighter DOGE+0.0096%1h0.09888+0.111%$784K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09861−0.164%$626K$694K10xas long as short
Aster DOGEUSDTshort+0.0100%8h0.09901+0.237%$4.8M$40.4M75x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09870−0.069%$334K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09903+0.258%$314.2M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09897+0.200%$157.0M$397.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09905+0.281%$108.1M$886.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09876−0.012%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09838−0.397%$377K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09900+0.231%$117.6M$215.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09898+0.210%$64.9M$39.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09898+0.210%$73.3Mas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.265%$915K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09849−0.283%$262K$112.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09857−0.205%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09850−0.276%$140K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09867−0.109%$271K$527K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09879+0.018%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.098770.000%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09875−0.023%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09877−0.002%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09893+0.157%$5.9M$46.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09884+0.069%$91.7M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09873−0.041%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09897+0.200%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09880+0.028%$19K3xas long as short
dYdX DOGE-USD+0.0110%1h0.09867−0.102%$222K$44K10xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09865−0.129%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09875−0.021%$521$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0218%1h0.09903+0.261%$523K$930K15xas long as short
BloFin DOGE-USDT+0.0220%8h0.09859−0.185%$15.1M$23.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09883+0.058%$2.0M$22.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09867−0.098%$304K200xas long as short
Kraken Futures PF_DOGEUSDlong+0.0290%1h0.09877long leg$5.9M$31.6M50x
Hyperliquid DOGE+0.0430%1h0.09907+0.296%$109.5M$78.8M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09878+0.013%$310K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09860−0.174%$5K$180K12xas long as short