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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0195%/8h= +21.4% APRpaid last 24h −0.018%
Price spread now: SunX against Kraken Futures+0.029%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.636% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.029%, 7d avg +0.022%
Together, before fees+0.005%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% 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_DOGEUSD0.09970−0.0095get 0.0012% / 1h1m 18s$5.4M$40.6M50x
ShortSunX DOGE-USDT0.099730.0100get 0.0100% / 8h7h 01m$35K$2.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$41.05
Price spread: +0.029% → +0.022%
$0.66
Slippage, 4 orders
−$45.64
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$21.93
Costs to cover
0.636%
Break-even
10.7 days
Slippage from Kraken Futures: live order book, 3 min ago; SunX: 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, 3 min ago1.00 bp9.1 bp −$914.0 bp −$14033.9 bp −$3,393doesn't fit
Sell SunX live order book, 6 min ago18.07 bp24.0 bp −$2437.7 bp −$377doesn't fitdoesn't fit

DOGE on 43 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
Kraken Futures PF_DOGEUSDlong−0.0095%1h0.09970long leg$5.4M$40.6M50x
Bitget DOGEUSDT−0.0022%8h0.09963−0.070%$140.7M$347.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09962−0.079%$515K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09958−0.119%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.617%$6K$242K12xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0061%1h0.09972+0.025%$558K$301K25xas long as short
Gate DOGE_USDT+0.0076%8h0.09966−0.040%$252.9M$157.3M75xas long as short
Phoenix DOGE+0.0081%1h0.09963−0.070%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09982+0.124%$829K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09967−0.030%$1K$545K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09971+0.015%$517K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09980+0.096%$124.5M$113.5M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09969−0.010%$5.0M$58.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09976+0.058%$325K$474K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09971+0.005%$329.2M$1.69B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09967−0.030%$167.9M$521.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09968−0.020%$117.0M$1.18B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09971+0.010%$17K$307K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09946−0.246%$380K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09971+0.010%$113.3M$266.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09971+0.010%$66.4M$49.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09969−0.010%$50.0Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09965−0.050%$307K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09962−0.082%$1.1M$8.3Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09957−0.134%$264K$138.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09957−0.132%$627K$4.0M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09950−0.201%$142K$346K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09967−0.032%$260K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.099700.000%$72K$451K50xas long as short
SunX DOGE-USDTshort+0.0100%8h0.09973+0.029%$35K$2.2M30x
SoDEX DOGE-USD+0.0100%1h0.09969−0.010%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.099700.000%$6.0M$67.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09968−0.020%$91.0M$16.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09974+0.041%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09964−0.059%$483K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09969−0.008%$19K3xas long as short
Reya DOGERUSDPERP+0.0203%1h0.09965−0.050%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09980+0.100%$2.2M$35.4M50xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09973+0.034%$459$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.099700.000%$15.5M$27.0M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0235% / S −0.0304%1h0.09969−0.009%$360K200xas long as short
dYdX DOGE-USD+0.0343%1h0.09954−0.161%$234K$72K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.099700.000%$404K$450K10xas long as short