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+0.0487%/8h= +53.3% APRnext payment +$0.61 per $10,000 · paid last 24h +0.133%
Price spread now: RISEx against Kraken Futures+0.349%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$400.400% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.326%+$33 on $10k
Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.349%, 7d avg +0.030%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and RISEx is 0.319% dearer against Kraken Futures than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.10430.0241pay 0.0030% / 1h47m 17s$5.6M$37.7M50x
ShortRISEx DOGE/USDC0.10470.0728get 0.0091% / 1h47m 17s$422K$426K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$102.22
Price spread: +0.349% → +0.030%
$31.91
Slippage, 4 orders
−$23.95
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$94.17
Costs to cover
0.400%
Break-even
0.6 days
Slippage from Kraken Futures: live order book, 2 min ago; RISEx: live order book, 6 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 ago2.87 bp12.5 bp −$1214.5 bp −$14532.6 bp −$3,262doesn't fit
Sell RISEx live order book, 6 min ago4.26 bp7.3 bp −$720.7 bp −$207doesn't fitdoesn'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
dYdX DOGE-USD0.0000%1h0.1046+0.254%$235K$70K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1044+0.112%$25K150xas long as short
Bitget DOGEUSDT+0.0005%8h0.1043+0.013%$141.5M$307.7M75xas long as short
Lighter DOGE+0.0096%1h0.1044+0.121%$752K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1045+0.215%$567K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1045+0.222%$5.1M$53.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1046+0.320%$338K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1045+0.165%$346.7M$1.57B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1044+0.119%$172.6M$487.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1044+0.100%$119.5M$1.14B50xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk DOGE-USD+0.0100%1h0.1047+0.362%$402K$11K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1044+0.100%$257.8M$141.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1045+0.157%$116.9M$239.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1046+0.282%$68.8M$47.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1044+0.148%$78.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1044+0.138%$353K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1052+0.835%$1.2M$8.3Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1044+0.157%$333K$134.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1043+0.051%$659K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1044+0.109%$164K$316K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1044+0.128%$268K$889K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1044+0.080%$73K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1044+0.079%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1044+0.102%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1043+0.061%$2K$4.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1044+0.081%$6.2M$63.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1043+0.032%$95.9M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.1046+0.276%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1043+0.015%$506K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1043+0.047%$20K3xas long as short
Kalshi KXDOGEPERP+0.0118%8h0.1045+0.242%$734K$6.1M2.8xas long as short
Katana Perps DOGE-USD+0.0125%8h0.1046+0.282%$1K$485K10xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1045+0.183%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1044+0.109%$16.2M$27.3M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0229%1h0.1044+0.074%$588K$242K25xas long as short
Phoenix DOGE+0.0235%1h0.1045+0.190%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSDlong+0.0241%1h0.1043long leg$5.6M$37.7M50x
01 Exchange DOGEUSD+0.0256%1h0.1046+0.336%$465$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0320%1h0.1044+0.117%$344K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1046+0.301%$2.1M$32.0M50xas long as short
Hyperliquid DOGE+0.0570%1h0.1046+0.301%$129.4M$107.1M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1047+0.368%$113K$200K10xas long as short
RISEx DOGE/USDCshort+0.0728%1h0.1047+0.349%$422K$426K10x
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.972%$6K$242K12xas long as short