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−0.0379%/8h= −41.5% APRnext payment $3.79 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against MEXC−0.142%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$180.184% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 7 days+0.116%+$12 · spread now −0.142%, 7d avg −0.029%
Together, before fees+0.100%+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.112% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DOGE_USDT0.098700.0100pay 0.0100% / 8h2h 35m$119.3M$214.5M300x
ShortBitget DOGEUSDT0.09856−0.0279pay 0.0279% / 8h2h 35m$151.7M$259.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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
−$79.59
Price spread: −0.142% → −0.029%
−$11.24
Slippage, 4 orders
−$6.4
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$109.23
Costs to cover
0.184%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Bitget: 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 MEXC live order book, 4 min ago0.51 bp1.1 bp −$13.4 bp −$3412.3 bp −$1,22544.7 bp −$22.4K
Sell Bitget live order book, 4 min ago0.51 bp9.5 bp −$910.6 bp −$10622.6 bp −$2,26064.0 bp −$32.0K

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 DOGEUSDTshort−0.0279%8h0.09856−0.142%$151.7M$259.9M75x
Kalshi KXDOGEPERP0.0000%8h0.09863−0.073%$357K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09870+0.004%$617K$91K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09866−0.045%$32K150xas long as short
dYdX DOGE-USD+0.0052%1h0.09859−0.110%$221K$44K10xas long as short
Gate DOGE_USDT+0.0062%8h0.09867−0.030%$234.6M$119.1M75xas long as short
Phoenix DOGE+0.0080%1h0.09849−0.216%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09867−0.030%$1K$336K10xas long as short
Lighter DOGE+0.0096%1h0.09870+0.001%$783K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09867−0.030%$626K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09866−0.044%$4.9M$40.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09863−0.069%$335K$505K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09869−0.010%$313.7M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09862−0.081%$156.4M$397.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09868−0.020%$107.7M$883.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09874+0.041%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09919+0.495%$380K$19K10xas long as short
MEXC DOGE_USDTlong+0.0100%8h0.09870long leg$119.3M$214.5M300x
KuCoin DOGEUSDTM+0.0100%8h0.09868−0.020%$64.9M$38.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.098700.000%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09842−0.282%$917K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09844−0.263%$261K$111.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09856−0.139%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.101%$140K$222K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09869−0.010%$271K$531K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09868−0.020%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09865−0.053%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09870+0.002%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09868−0.020%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09873+0.034%$5.9M$46.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09867−0.030%$91.6M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09863−0.072%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09862−0.082%$550K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09868−0.018%$19K3xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09868−0.020%$2K20xas long as short
Backpack DOGE_USDC_PERP+0.0192%1h0.09878+0.081%$522K$934K15xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09871+0.013%$521$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09873+0.030%$15.2M$23.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09878+0.081%$2.0M$22.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09865−0.055%$304K200xas long as short
Kraken Futures PF_DOGEUSD+0.0290%1h0.09864−0.065%$6.0M$31.6M50xas long as short
Hyperliquid DOGE+0.0449%1h0.09881+0.116%$109.6M$78.5M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09874+0.035%$308K$470K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09880+0.101%$5K$153K12xas long as short