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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aster against Lighter−0.065%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.190% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.065%, 7d avg −0.042%
Together, before fees+0.007%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$1 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: Aster is 0.023% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DOGE0.10020.0096pay 0.0012% / 1h31m 01s$792K$5.5M15x
ShortAster DOGEUSDT0.10010.0100get 0.0100% / 8h31m 01s$4.9M$45.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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: −0.065% → −0.042%
−$2.29
Slippage, 4 orders
−$11.03
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.48
Costs to cover
0.190%
Break-even
177.7 days
Slippage from Lighter: live order book, 7 min ago; Aster: live order book, 3 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, 7 min ago1.84 bp5.0 bp −$513.2 bp −$13234.0 bp −$3,404doesn't fit
Sell Aster live order book, 3 min ago1.00 bp5.0 bp −$55.5 bp −$5511.6 bp −$1,159doesn'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−0.0240%8h0.1000−0.150%$152.3M$268.8M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001−0.062%$414K$4.7M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1001−0.010%$603K$117K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1001−0.006%$23K150xas long as short
dYdX DOGE-USD+0.0057%1h0.1001−0.083%$225K$44K10xas long as short
Gate DOGE_USDT+0.0078%8h0.1001−0.090%$241.0M$127.0M75xas long as short
Lighter DOGElong+0.0096%1h0.1002long leg$792K$5.5M15x
Katana Perps DOGE-USD+0.0097%8h0.1001−0.090%$2K$390K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1001−0.085%$539K$961K10xas long as short
Aster DOGEUSDTshort+0.0100%8h0.1001−0.065%$4.9M$45.6M75x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1001−0.014%$334K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001−0.066%$318.4M$1.36B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001−0.080%$157.6M$430.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001−0.060%$108.9M$946.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1001−0.020%$31K$80K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1008+0.649%$386K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001−0.080%$111.3M$220.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.080%$65.8M$41.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1001−0.100%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1001−0.036%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1003+0.146%$275K$118.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1003+0.160%$637K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1003+0.150%$147K$250K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1001−0.070%$257K$557K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1001−0.050%$73K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1001−0.056%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1001−0.032%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1001−0.050%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1001−0.015%$6.0M$51.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001−0.050%$92.5M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1001−0.072%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001−0.087%$527K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1001−0.065%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0105%1h0.1001−0.073%$5.9M$33.3M50xas long as short
Reya DOGERUSDPERP+0.0179%1h0.1001−0.028%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001−0.070%$15.4M$25.3M75xas long as short
01 Exchange DOGEUSD+0.0232%1h0.1001−0.024%$529$4K10xas long as short
Phoenix DOGE+0.0239%1h0.1004+0.202%$67K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1002+0.080%$2.0M$24.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0273%1h0.1001−0.027%$315K200xas long as short
Backpack DOGE_USDC_PERP+0.0369%1h0.1002+0.010%$535K$965K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.10020.000%$314K$475K10xas long as short
Hyperliquid DOGE+0.0895%1h0.1003+0.110%$117.6M$89.0M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.1005+0.349%$5K$239K12xas long as short