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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.037%
Price spread now: BloFin against Lighter−0.102%60s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 3 days (all we have)+0.041%+$4 · spread now −0.102%, 7d avg −0.024%
Together, before fees+0.231%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.078% cheaper against Lighter than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.024%). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DOGE0.099870.0096pay 0.0012% / 1h57m 59s$857K$5.6M15x
ShortBloFin DOGE-USDT0.099770.0220get 0.0220% / 8h7h 57m$15.2M$25.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$26.04
Price spread: −0.102% → −0.024%
−$7.84
Slippage, 4 orders
−$10.87
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$4.67
Costs to cover
0.229%
Break-even
8.3 days
Slippage from Lighter: live order book, 10 min ago; BloFin: live order book, 11 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, 10 min ago0.45 bp3.7 bp −$410.9 bp −$10929.7 bp −$2,969doesn't fit
Sell BloFin live order book, 11 min ago2.52 bp8.5 bp −$98.9 bp −$8916.8 bp −$1,67832.6 bp −$16.3K

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
Phemex DOGEUSDT−0.0481%8h0.09982−0.052%$92.2M$19.1M50xas long as short
Bitget DOGEUSDT−0.0207%8h0.09974−0.132%$152.4M$270.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0078%1h0.09976−0.112%$5.9M$33.7M50xas long as short
dYdX DOGE-USD0.0000%1h0.09967−0.201%$224K$44K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09982−0.055%$397K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09980−0.073%$600K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09984−0.029%$24K150xas long as short
Polymarket Perps DOGE-USD+0.0083%1h0.09967−0.202%$264K$567K10xas long as short
Lighter DOGElong+0.0096%1h0.09987long leg$857K$5.6M15x
Katana Perps DOGE-USD+0.0100%8h0.09973−0.142%$867$396K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09964−0.227%$511K$977K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09985−0.018%$4.9M$46.3M75xas long as short
Pacifica DOGE+0.0100%1h0.09981−0.060%$333K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09988+0.007%$317.8M$1.39B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001+0.198%$157.9M$436.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001+0.228%$110.0M$962.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09983−0.042%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09980−0.072%$382K$12K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09978−0.092%$241.3M$125.9M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09982−0.052%$112.3M$221.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09983−0.042%$65.8M$42.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09985−0.022%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09986−0.012%$379K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09975−0.121%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09977−0.101%$258K$121.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09979−0.082%$628K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.072%$146K$253K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09978−0.092%$73K$446K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09976−0.117%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09989+0.018%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09978−0.092%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09981−0.059%$6.0M$52.2M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09974−0.133%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09980−0.071%$616K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09979−0.079%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.09980−0.071%$527$4K10xas long as short
Reya DOGERUSDPERP+0.0180%1h0.09968−0.192%$2K20xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.09977−0.102%$15.2M$25.3M75x
Phoenix DOGE+0.0239%1h0.09979−0.077%$66K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09981−0.062%$2.0M$24.4M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.09983−0.040%$307K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.09983−0.044%$316K$478K10xas long as short
Hyperliquid DOGE+0.0740%1h0.09993+0.058%$117.8M$91.0M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1000+0.128%$5K$239K12xas long as short