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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.020%
Price spread now: Coinbase International against MEXC+0.168%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$200.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.168%, 7d avg +0.025%
Together, before fees−0.227%−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.143% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DOGE_USDT0.10120.0100pay 0.0100% / 8h52m 27s$114.3M$218.1M300x
ShortCoinbase International DOGE-PERP-INTX0.10130.0240get 0.0030% / 1h52m 27s$2.1M$24.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$29.4
Price spread: +0.168% → +0.025%
$14.28
Slippage, 4 orders
−$10.04
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$23.64
Costs to cover
0.200%
Break-even
1.4 days
Slippage from MEXC: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago0.50 bp0.5 bp $02.4 bp −$249.9 bp −$98840.1 bp −$20.0K
Sell Coinbase International live order book, 2 min ago1.49 bp9.5 bp −$1016.3 bp −$16345.0 bp −$4,498doesn'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−0.0249%8h0.1010−0.138%$154.1M$267.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1010−0.187%$418K$4.7M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1013+0.104%$33K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0046%1h0.1013+0.137%$609K$109K25xas long as short
Gate DOGE_USDT+0.0082%8h0.1011−0.020%$244.4M$125.1M75xas long as short
Lighter DOGE+0.0096%1h0.1012+0.040%$801K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1011−0.059%$845$378K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1011−0.035%$602K$894K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1012−0.009%$5.0M$44.6M75xas long as short
Pacifica DOGE+0.0100%1h0.1012+0.007%$337K$504K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1011−0.019%$322.8M$1.34B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1011−0.069%$159.6M$427.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1011−0.049%$110.6M$946.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1012+0.040%$28K$77K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1004−0.789%$385K$12K10xas long as short
MEXC DOGE_USDTlong+0.0100%8h0.1012long leg$114.3M$218.1M300x
KuCoin DOGEUSDTM+0.0100%8h0.1013+0.148%$66.7M$41.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1012+0.020%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.523%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1011−0.031%$279K$117.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1012+0.030%$644K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1008−0.356%$148K$247K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1011−0.069%$264K$551K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1013+0.119%$74K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1013+0.091%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1013+0.172%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1013+0.148%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1013+0.144%$6.0M$50.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1013+0.129%$93.8M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1012+0.013%$18K$5K30xas long as short
Kraken Futures PF_DOGEUSD+0.0103%1h0.1013+0.165%$6.0M$33.0M50xas long as short
Extended DOGE-USD+0.0104%1h0.1012−0.010%$561K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1013+0.133%$19K3xas long as short
dYdX DOGE-USD+0.0116%1h0.1011−0.054%$227K$44K10xas long as short
Reya DOGERUSDPERP+0.0178%1h0.1011−0.068%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1013+0.138%$15.4M$25.3M75xas long as short
Phoenix DOGE+0.0239%1h0.1013+0.135%$67K$281K10xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0240%1h0.1013+0.168%$2.1M$24.1M50x
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0218%1h0.1013+0.122%$342K200xas long as short
01 Exchange DOGEUSD+0.0248%1h0.1012+0.019%$534$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0444%1h0.1014+0.227%$542K$960K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.1012+0.040%$317K$475K10xas long as short
Hyperliquid DOGE+0.0896%1h0.1014+0.277%$116.1M$85.7M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.1015+0.336%$5K$239K12xas long as short