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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h −0.030%
Price spread now: HTX against Kraken Futures−0.100%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$400.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.100%, 7d avg +0.015%
Together, before fees+0.117%+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.115% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.10260.0245pay 0.0031% / 1h23m 03s$5.5M$38.9M50x
ShortHTX DOGE-USDT0.10250.0100get 0.0100% / 8h3h 23m$6.0M$65.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$30.48
Price spread: −0.100% → +0.015%
−$11.53
Slippage, 4 orders
−$18.46
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$82.47
Costs to cover
0.405%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; HTX: 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 ago1.94 bp12.3 bp −$1215.1 bp −$15134.0 bp −$3,397doesn't fit
Sell HTX live order book, 1 min ago1.94 bp9.3 bp −$915.1 bp −$15171.7 bp −$7,173doesn'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
Kalshi KXDOGEPERP0.0000%8h0.1030+0.383%$699K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1027+0.109%$24K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1030+0.351%$231K$70K10xas long as short
Bitget DOGEUSDT+0.0059%8h0.1024−0.196%$133.4M$315.9M75xas long as short
Lighter DOGE+0.0096%1h0.1028+0.169%$726K$6.4M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1028+0.209%$557K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1026−0.068%$4.9M$54.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1030+0.416%$330K$518K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1025−0.147%$339.5M$1.61B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1024−0.186%$167.9M$496.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1024−0.176%$117.1M$1.15B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1029+0.321%$395K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1024−0.176%$253.3M$145.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1025−0.147%$116.1M$244.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1027+0.097%$67.5M$48.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1024−0.245%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1024−0.167%$341K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1026−0.015%$1.1M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1031+0.515%$329K$135.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1027+0.077%$649K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1032+0.564%$156K$329K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1029+0.233%$260K$980K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1027+0.126%$69K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1027+0.103%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1028+0.145%$36K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1027+0.097%$2K$5.0M10xas long as short
HTX DOGE-USDTshort+0.0100%8h0.1025−0.100%$6.0M$65.3M75x
Phemex DOGEUSDT+0.0100%8h0.1026−0.050%$94.3M$17.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1030+0.368%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1027+0.069%$497K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1027+0.107%$20K3xas long as short
Katana Perps DOGE-USD+0.0122%8h0.1029+0.301%$2K$498K10xas long as short
Reya DOGERUSDPERP+0.0192%1h0.1028+0.141%$2K20xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0217%1h0.1028+0.159%$583K$247K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.1026−0.030%$16.8M$27.1M75xas long as short
Phoenix DOGE+0.0235%1h0.1031+0.480%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSDlong+0.0245%1h0.1026long leg$5.5M$38.9M50x
01 Exchange DOGEUSD+0.0256%1h0.1030+0.345%$458$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0256% / S −0.0309%1h0.1027+0.111%$332K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1027+0.126%$2.1M$33.4M50xas long as short
Hyperliquid DOGE+0.0512%1h0.1025−0.108%$127.9M$110.3M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1031+0.428%$112K$203K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1030+0.384%$416K$428K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+2.611%$6K$242K12xas long as short