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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0075%/8h= −8.2% APRnext payment $0.75 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.041%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$140.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 7 days+0.024%+$2 · spread now −0.041%, 7d avg −0.013%
Together, before fees−0.013%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.028% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DOGE_USDT0.098640.0100pay 0.0100% / 8h5h 57m$113.6M$247.2M300x
ShortBybit DOGEUSDT0.098600.0025get 0.0025% / 8h5h 57m$166.2M$494.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$15.79
Price spread: −0.041% → −0.013%
−$2.79
Slippage, 4 orders
−$3.33
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$32.91
Costs to cover
0.143%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: 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 MEXC live order book, 5 min ago0.51 bp0.5 bp −$12.8 bp −$289.9 bp −$98640.7 bp −$20.4K
Sell Bybit live order book, 5 min ago0.51 bp6.7 bp −$78.5 bp −$8517.8 bp −$1,77741.1 bp −$20.6K

DOGE on 43 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0139%1h0.09861−0.027%$5.3M$39.8M50xas long as short
Bitget DOGEUSDT−0.0038%8h0.09855−0.091%$139.5M$305.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09864+0.002%$529K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09859−0.047%$33K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0004%1h0.09863−0.010%$552K$294K25xas long as short
Bybit DOGEUSDTshort+0.0025%8h0.09860−0.041%$166.2M$494.9M75x
Gate DOGE_USDT+0.0033%8h0.09859−0.051%$253.8M$143.6M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.752%$6K$240K12xas long as short
Lighter DOGE+0.0096%1h0.09865+0.014%$815K$6.4M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09862−0.020%$2K$541K10xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09856−0.076%$510K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09867+0.026%$122.4M$108.5M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09861−0.031%$4.9M$57.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09861−0.032%$315K$457K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09859−0.054%$325.5M$1.60B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09865+0.010%$118.5M$1.10B50xas long as short
Arcus DOGE-USD+0.0100%1h0.098640.000%$17K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09869+0.052%$377K$2K10xas long as short
MEXC DOGE_USDTlong+0.0100%8h0.09864long leg$113.6M$247.2M300x
KuCoin DOGEUSDTM+0.0100%8h0.09858−0.061%$65.2M$45.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09859−0.051%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09859−0.051%$312K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.130%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09857−0.076%$265K$132.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09868+0.041%$629K$3.8M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870+0.061%$139K$344K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09854−0.096%$243K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09862−0.020%$68K$418K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09865+0.007%$34K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09861−0.030%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09871+0.069%$6.0M$65.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09859−0.051%$89.9M$15.4M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09863−0.015%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09854−0.104%$482K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09860−0.041%$19K3xas long as short
01 Exchange DOGEUSD+0.0160%1h0.09862−0.024%$454$4K10xas long as short
Phoenix DOGE+0.0161%1h0.09868+0.040%$18K$311K10xas long as short
Reya DOGERUSDPERP+0.0206%1h0.09854−0.102%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0211% / S −0.0184%1h0.09865+0.006%$286K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09866+0.020%$15.4M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0264%1h0.09867+0.030%$2.2M$33.1M50xas long as short
RISEx DOGE/USDC+0.0587%1h0.09867+0.025%$409K$412K10xas long as short
dYdX DOGE-USD+0.0670%1h0.09861−0.034%$232K$67K10xas long as short