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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.033%
Price spread now: dYdX against Kraken Futures+0.026%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$990.990% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.026%, 7d avg −0.027%
Together, before fees−0.149%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and dYdX is 0.053% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.09995−0.0032get 0.0004% / 1h22m 40s$5.7M$35.6M50x
ShortdYdX DOGE-USD0.099980.0016get 0.0002% / 1h22m 40s$224K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$10.06
Price spread: +0.026% → −0.027%
$5.31
Slippage, 4 orders
−$79.04
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$83.66
Costs to cover
0.990%
Break-even
65.2 days
Slippage from Kraken Futures: live order book, 1 min ago; dYdX: live order book, 36 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 ago1.00 bp10.1 bp −$1012.8 bp −$12832.1 bp −$3,213doesn't fit
Sell dYdX live order book, 36 min ago28.73 bp42.7 bp −$4382.7 bp −$82789.9 bp −$8,990219.9 bp −$109.9K

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−0.0040%8h0.1001+0.095%$151.3M$276.5M75xas long as short
Kraken Futures PF_DOGEUSDlong−0.0032%1h0.09995long leg$5.7M$35.6M50x
Kalshi KXDOGEPERP0.0000%8h0.1000+0.078%$396K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09990−0.051%$24K150xas long as short
dYdX DOGE-USDshort+0.0016%1h0.09998+0.026%$224K$49K10x
Lighter DOGE+0.0096%1h0.1001+0.128%$734K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1001+0.165%$904$456K10xas long as short
Polymarket Perps DOGE-USD+0.0099%1h0.09990−0.059%$258K$863K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09994−0.015%$526K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09998+0.029%$4.7M$49.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1001+0.103%$325K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1002+0.234%$324.4M$1.47B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001+0.115%$163.2M$447.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001+0.145%$112.9M$1.02B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.242%$385K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1001+0.125%$246.7M$134.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001+0.125%$111.8M$235.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001+0.125%$66.2M$43.7M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1001+0.105%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09995−0.005%$321K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1002+0.202%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1003+0.370%$300K$130.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.193%$638K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1004+0.446%$146K$288K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09996+0.005%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09996+0.006%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1000+0.048%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09998+0.025%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09992−0.040%$6.0M$58.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09998+0.025%$91.9M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1001+0.137%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001+0.165%$498K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09996+0.005%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0140%1h0.09997+0.013%$598K$119K25xas long as short
Reya DOGERUSDPERP+0.0189%1h0.09991−0.048%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.1002+0.268%$534$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09995−0.005%$15.6M$25.4M75xas long as short
Phoenix DOGE+0.0242%1h0.1003+0.333%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0269%1h0.09991−0.047%$313K200xas long as short
Hyperliquid DOGE+0.0264%1h0.1001+0.115%$121.9M$101.3M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.1001+0.115%$2.3M$27.3M50xas long as short
Arcus DOGE-USD+0.0690%1h0.1003+0.306%$109K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.1002+0.251%$405K$413K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1005+0.546%$5K$239K12xas long as short