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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.005%
Price spread now: Extended against Lighter+0.059%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days+0.024%+$2 · spread now +0.059%, 7d avg −0.070%
Together, before fees+0.043%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$4 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: Extended is 0.129% dearer against Lighter than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DOGE0.10210.0096pay 0.0012% / 1h58m 32s$754K$6.2M15x
ShortExtended DOGE-USD0.10220.0104get 0.0013% / 1h58m 32s$499K$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$1.68
Price spread: +0.059% → −0.070%
$12.9
Slippage, 4 orders
−$20.11
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$10.54
Costs to cover
0.251%
Break-even
50.9 days
Slippage from Lighter: live order book, 5 min ago; Extended: live order book, 5 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 ago2.13 bp10.3 bp −$1015.1 bp −$15132.8 bp −$3,278doesn't fit
Sell Extended live order book, 5 min ago0.50 bp3.9 bp −$45.7 bp −$5713.3 bp −$1,327doesn'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−0.0020%8h0.1021−0.041%$153.7M$280.6M75xas long as short
dYdX DOGE-USD0.0000%1h0.1020−0.132%$229K$48K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1020−0.057%$497K$5.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1018−0.255%$24K150xas long as short
Lighter DOGElong+0.0096%1h0.1021long leg$754K$6.2M15x
Katana Perps DOGE-USD+0.0100%8h0.1021+0.008%$922$473K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1021+0.047%$4.8M$51.0M75xas long as short
Pacifica DOGE+0.0100%1h0.1020−0.047%$336K$491K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1021−0.002%$337.1M$1.50B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1020−0.051%$170.2M$458.0M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1020−0.120%$117.6M$1.06B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−1.579%$386K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1021−0.022%$251.9M$135.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1022+0.067%$115.4M$236.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1022+0.057%$68.1M$44.6M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1021+0.027%$77.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1021−0.041%$326K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1019−0.220%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1018−0.280%$309K$132.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1011−0.980%$639K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1011−0.972%$147K$292K25xas long as short
Nado DOGE-PERP+0.0100%1h0.1020−0.134%$539K$1.0M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1020−0.100%$263K$880K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1019−0.178%$71K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1019−0.196%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1022+0.075%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1021+0.047%$2K$4.2M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1021−0.036%$6.2M$60.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1021+0.008%$93.9M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1021−0.016%$18K$7K30xas long as short
Extended DOGE-USDshort+0.0104%1h0.1022+0.059%$499K$4.1M50x
Aevo DOGE-PERP+0.0104%1h0.1020−0.111%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0182%1h0.1019−0.168%$609K$119K25xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1019−0.181%$2K20xas long as short
Hyperliquid DOGE+0.0192%1h0.1022+0.106%$125.2M$103.0M10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1021+0.027%$16.1M$26.1M75xas long as short
01 Exchange DOGEUSD+0.0232%1h0.1022+0.065%$545$4K10xas long as short
Phoenix DOGE+0.0242%1h0.1019−0.153%$66K$287K10xas long as short
Kraken Futures PF_DOGEUSD+0.0246%1h0.1022+0.059%$5.8M$36.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0255% / S −0.0292%1h0.1019−0.184%$336K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1021+0.027%$2.1M$29.0M50xas long as short
Arcus DOGE-USD+0.0634%1h0.1023+0.165%$111K$199K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1022+0.082%$414K$418K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1025+0.400%$5K$239K12xas long as short