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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Lighter−0.354%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.354%, 7d avg −0.071%
Together, before fees+0.107%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$11 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: edgeX is 0.283% cheaper against Lighter than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DOGE0.099380.0096pay 0.0012% / 1h25m 24s$788K$5.1M15x
ShortedgeX DOGEUSDC0.099020.0100get 0.0050% / 4h2h 25m$263K$112.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.354% → −0.071%
−$28.3
Slippage, 4 orders
−$12.07
Fee Lighter: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$48.53
Costs to cover
0.211%
Break-even
411.4 days
Slippage from Lighter: live order book, 3 min ago; edgeX: live order book, 4 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, 3 min ago0.50 bp1.1 bp −$18.7 bp −$8725.9 bp −$2,586doesn't fit
Sell edgeX live order book, 4 min ago2.03 bp6.5 bp −$76.9 bp −$6914.2 bp −$1,419doesn'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−0.0279%8h0.09941+0.035%$152.9M$260.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09921−0.167%$373K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09932−0.053%$621K$103K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09943+0.054%$32K150xas long as short
Gate DOGE_USDT+0.0071%8h0.09942+0.045%$237.1M$119.8M75xas long as short
Phoenix DOGE+0.0080%1h0.09946+0.083%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09949+0.116%$1K$338K10xas long as short
Lighter DOGElong+0.0096%1h0.09938long leg$788K$5.1M15x
Nado DOGE-PERP+0.0100%1h0.09949+0.116%$632K$695K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09949+0.117%$4.8M$40.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09945+0.075%$337K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09945+0.075%$314.9M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09943+0.055%$158.0M$397.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09946+0.086%$108.6M$890.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09957+0.196%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09838−1.002%$377K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09947+0.096%$113.0M$218.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09947+0.096%$65.2M$39.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09943+0.055%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.870%$915K$7.8Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.09902−0.354%$263K$112.0M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09913−0.246%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910−0.277%$141K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09946+0.088%$273K$528K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09945+0.075%$57K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09928−0.091%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09933−0.046%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09929−0.086%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09930−0.072%$6.0M$46.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09925−0.126%$92.1M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09949+0.115%$18K$5K30xas long as short
dYdX DOGE-USD+0.0100%1h0.09940+0.028%$223K$44K10xas long as short
Extended DOGE-USD+0.0104%1h0.09948+0.101%$549K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09921−0.167%$19K3xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09947+0.092%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09956+0.186%$526$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09912−0.257%$15.1M$23.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09933−0.045%$2.0M$22.4M50xas long as short
Backpack DOGE_USDC_PERP+0.0236%1h0.09935−0.025%$524K$931K15xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0264%1h0.09942+0.050%$307K200xas long as short
Kraken Futures PF_DOGEUSD+0.0288%1h0.09926−0.115%$5.9M$31.6M50xas long as short
Hyperliquid DOGE+0.0429%1h0.09955+0.173%$110.0M$79.0M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09959+0.216%$312K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09920−0.176%$5K$180K12xas long as short