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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0177%/8h= +19.3% APRpaid last 24h −0.035%
Price spread now: edgeX against Kraken Futures−0.237%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$360.357% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.203%+$20 · spread now −0.237%, 7d avg −0.044%
Together, before fees+0.204%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.193% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.237% now, against its 7-day average of −0.044%). If the spread goes back, that is −$19 on $10k: about 3.6 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.001% in total) that is about years.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.1010−0.0077get 0.0010% / 1h36m 41s$6.1M$33.9M50x
ShortedgeX DOGEUSDC0.10070.0100get 0.0050% / 4h3h 36m$265K$122.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$37.1
Price spread: −0.237% → −0.044%
−$19.32
Slippage, 4 orders
−$16.74
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$17.95
Costs to cover
0.357%
Break-even
10.4 days
Slippage from Kraken Futures: live order book, 2 min ago; edgeX: live order book, 2 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, 2 min ago1.99 bp12.2 bp −$1214.9 bp −$14935.4 bp −$3,538doesn't fit
Sell edgeX live order book, 2 min ago1.99 bp6.5 bp −$66.8 bp −$6813.9 bp −$1,385doesn'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
Phemex DOGEUSDT−0.0466%8h0.1010+0.006%$93.2M$18.0M50xas long as short
Bitget DOGEUSDT−0.0189%8h0.1010+0.006%$153.8M$270.7M75xas long as short
Kraken Futures PF_DOGEUSDlong−0.0077%1h0.1010long leg$6.1M$33.9M50x
Kalshi KXDOGEPERP0.0000%8h0.1010+0.064%$402K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1009−0.024%$24K150xas long as short
dYdX DOGE-USD+0.0024%1h0.1010+0.036%$227K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1011+0.123%$800K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1010+0.046%$854$405K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1009−0.034%$518K$973K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1010+0.073%$5.1M$46.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1011+0.108%$337K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1011+0.105%$321.1M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1011+0.095%$160.3M$438.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1011+0.105%$110.7M$973.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1011+0.145%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.454%$385K$9K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1010+0.056%$245.1M$128.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1011+0.105%$114.8M$223.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1010+0.016%$66.1M$42.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1010+0.016%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1010+0.026%$370K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.331%$1.0M$8.1Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.1007−0.237%$265K$122.9M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.1006−0.391%$637K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1008−0.172%$148K$267K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1009−0.034%$265K$554K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1009−0.034%$73K$428K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1010−0.010%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1010+0.002%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1010−0.004%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1010−0.022%$6.0M$52.4M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1011+0.086%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1010+0.069%$555K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1010−0.009%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0107%1h0.1010+0.025%$607K$121K25xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1010−0.005%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1011+0.116%$534$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1009−0.034%$15.4M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1010+0.065%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0240%1h0.1007−0.250%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0263%1h0.1010−0.014%$311K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1011+0.140%$320K$478K10xas long as short
Hyperliquid DOGE+0.0854%1h0.1012+0.194%$122.2M$93.2M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1011+0.125%$5K$239K12xas long as short