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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0681%/8h= +74.5% APRpaid last 24h 0.000%
Price spread now: Arcus against KuCoin+0.150%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.150%, 7d avg +0.016%
Together, before fees−0.165%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Arcus is 0.134% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.016%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.004% in total (about -0.4% 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
LongKuCoin DOGEUSDTM0.099860.0100pay 0.0100% / 8h5h 32m$66.1M$43.3M75x
ShortArcus DOGE-USD0.10000.0781get 0.0098% / 1h32m 22s$129K$179K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against KuCoin. 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
$142.91
Price spread: +0.150% → +0.016%
$13.44
Slippage, 4 orders
−$15.87
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$123.98
Costs to cover
0.324%
Break-even
0.9 days
Slippage from KuCoin: live order book, 7 min ago; Arcus: live order book, 27 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 KuCoin live order book, 7 min ago0.50 bp9.6 bp −$1014.7 bp −$14739.9 bp −$3,988doesn't fit
Sell Arcus live order book, 27 min ago3.00 bp8.1 bp −$826.2 bp −$262doesn'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
Bitget DOGEUSDT−0.0090%8h0.09972−0.140%$151.0M$273.9M75xas long as short
dYdX DOGE-USD0.0000%1h0.09980−0.064%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09987+0.007%$444K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09985−0.013%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0021%1h0.09980−0.057%$596K$118K25xas long as short
Lighter DOGE+0.0096%1h0.09985−0.010%$783K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09985−0.010%$3K$441K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09989+0.025%$532K$993K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09988+0.020%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09990+0.037%$328K$483K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09988+0.020%$319.7M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.099860.000%$161.0M$441.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09980−0.060%$111.6M$989.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985−0.012%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09985−0.010%$243.1M$132.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09987+0.010%$111.9M$230.4M300xas long as short
KuCoin DOGEUSDTMlong+0.0100%8h0.09986long leg$66.1M$43.3M75x
BingX DOGE-USDT+0.0100%8h0.09987+0.010%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09982−0.040%$329K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09987+0.006%$981K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09984−0.024%$297K$129.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09992+0.061%$635K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.140%$146K$278K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09984−0.024%$255K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09981−0.050%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09977−0.086%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09993+0.070%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09981−0.050%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09983−0.026%$5.9M$56.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09981−0.050%$91.9M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.09986−0.003%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09977−0.093%$510K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09981−0.054%$19K3xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09984−0.018%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09994+0.077%$533$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09982−0.040%$15.7M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09961−0.253%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.09985−0.006%$311K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09993+0.070%$2.3M$26.2M50xas long as short
Kraken Futures PF_DOGEUSD+0.0306%1h0.09978−0.081%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0470%1h0.09998+0.117%$122.1M$99.7M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09995+0.085%$402K$365K10xas long as short
Arcus DOGE-USDshort+0.0781%1h0.1000+0.150%$129K$179K10x
Injective DOGE/USDC PERP+0.1072%1h0.09980−0.060%$5K$239K12xas long as short