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+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter−0.585%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)+1.033%+$103 · spread now −0.585%, 7d avg −0.014%
Together, before fees+1.046%+ Points / potential airdropLighter: Season 3 · farm board+$105 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.571% cheaper against Lighter than usual: you would sell low and buy high, −$57 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DOGE0.099180.0096pay 0.0012% / 1h53m 17s$828K$6.8M15x
ShortApeX Omni DOGEUSDT0.098600.0100get 0.0013% / 1h53m 17s$141K$346K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$0.84
Price spread: −0.585% → −0.014%
−$57.12
Slippage, 4 orders
−$26.07
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$92.35
Costs to cover
0.361%
Break-even
776.6 days
Slippage from Lighter: live order book, 5 min ago; ApeX Omni: live order book, 44 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 Lighter live order book, 5 min ago3.89 bp5.7 bp −$68.6 bp −$8623.6 bp −$2,364doesn't fit
Sell ApeX Omni live order book, 44 min ago5.05 bp12.1 bp −$1245.9 bp −$459doesn'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
Kraken Futures PF_DOGEUSD−0.0096%1h0.09910−0.083%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0008%8h0.09903−0.151%$140.6M$347.7M75xas long as short
dYdX DOGE-USD0.0000%1h0.09896−0.227%$222K$64K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09902−0.164%$577K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09887−0.309%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.171%$6K$242K12xas long as short
Phoenix DOGE+0.0081%1h0.09885−0.329%$18K$386K10xas long as short
Lighter DOGElong+0.0096%1h0.09918long leg$828K$6.8M15x
Katana Perps DOGE-USD+0.0100%8h0.09902−0.161%$1K$545K10xas long as short
Hyperliquid DOGE+0.0100%1h0.09913−0.049%$123.6M$117.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09910−0.086%$4.9M$59.4M75xas long as short
Pacifica DOGE+0.0100%1h0.09895−0.232%$321K$506K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09910−0.081%$327.7M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09903−0.151%$163.8M$523.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09906−0.121%$115.3M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09905−0.131%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.333%$377K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09905−0.131%$250.6M$152.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09908−0.101%$117.5M$257.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09906−0.121%$66.5M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09901−0.171%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09891−0.272%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09879−0.395%$1.0M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09865−0.531%$300K$139.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09867−0.518%$625K$4.4M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.09860−0.585%$141K$346K25x
Nado DOGE-PERP+0.0100%1h0.09896−0.222%$536K$1.1M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09907−0.116%$258K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09909−0.091%$71K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09903−0.149%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09910−0.081%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09910−0.081%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09910−0.078%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09910−0.081%$90.6M$16.7M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09896−0.220%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09905−0.127%$481K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09909−0.091%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0174%1h0.09914−0.043%$556K$283K25xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09904−0.143%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09910−0.081%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09903−0.151%$15.6M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0232%1h0.09910−0.084%$441$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0286% / S −0.0375%1h0.09905−0.133%$413K200xas long as short
RISEx DOGE/USDC+0.0717%1h0.09909−0.091%$398K$455K10xas long as short