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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0122%/8h= +13.3% APRpaid last 24h +0.049%
Price spread now: GMX against KuCoin−0.019%7-day average +0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.143%+$14 on $10k
Price spread, last 3 days (all we have)+0.099%+$10 · spread now −0.019%, 7d avg +0.037%
Together, before fees+0.241%+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.056% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.037%). If the spread goes back, that is −$6 on $10k: about 37 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DOGEUSDTM0.10050.0100pay 0.0100% / 8h1h 20m$66.1M$41.0M75x
ShortGMX DOGE/USD [ETH-USDC]0.1004L +0.0246% / S −0.0222%get 0.0028% / 1h20m 18s$340K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$25.56
Price spread: −0.019% → +0.037%
−$5.64
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$4.08
Costs to cover
0.240%
Break-even
8.1 days
Slippage unknown: KuCoin: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.

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, 4 min ago1.99 bp8.4 bp −$816.0 bp −$16051.3 bp −$5,126doesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0263%8h0.1003−0.189%$153.1M$266.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1007+0.232%$418K$4.7M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1004−0.084%$608K$109K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1004−0.020%$32K150xas long as short
dYdX DOGE-USD+0.0010%1h0.1006+0.142%$226K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1009+0.401%$67K$222K10xas long as short
Gate DOGE_USDT+0.0093%8h0.1004−0.040%$241.9M$124.3M75xas long as short
Lighter DOGE+0.0096%1h0.1004−0.026%$791K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1005+0.050%$840$371K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1005+0.040%$579K$856K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1005+0.033%$5.0M$43.7M75xas long as short
Pacifica DOGE+0.0100%1h0.1006+0.176%$336K$508K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1004−0.060%$319.8M$1.32B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1004−0.070%$159.2M$421.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1004−0.010%$109.5M$931.8M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1006+0.169%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1006+0.162%$386K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1004−0.010%$110.7M$217.4M300xas long as short
KuCoin DOGEUSDTMlong+0.0100%8h0.1005long leg$66.1M$41.0M75x
BingX DOGE-USDT+0.0100%8h0.10050.000%$74.8Mas long as short
Variational Omni DOGE+0.0100%8h0.1007+0.251%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002−0.246%$275K$116.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1003−0.121%$634K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1002−0.259%$146K$244K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.10050.000%$268K$541K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1004−0.100%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1003−0.110%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1005+0.069%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004−0.090%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1004−0.088%$6.0M$50.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1004−0.100%$93.0M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1006+0.129%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1003−0.139%$559K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1004−0.086%$19K3xas long as short
Reya DOGERUSDPERP+0.0177%1h0.1005+0.001%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1006+0.146%$531$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1006+0.139%$2.0M$23.7M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1007+0.259%$15.4M$25.1M75xas long as short
GMX DOGE/USD [ETH-USDC]shortL +0.0246% / S −0.0222%1h0.1004−0.019%$340K200x
Kraken Futures PF_DOGEUSD+0.0363%1h0.1003−0.120%$5.9M$32.8M50xas long as short
Backpack DOGE_USDC_PERP+0.0418%1h0.1007+0.229%$538K$956K15xas long as short
Hyperliquid DOGE+0.0445%1h0.1006+0.139%$111.5M$83.0M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1006+0.179%$315K$476K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1010+0.538%$5K$207K12xas long as short