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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.024%
Price spread now: Deribit against MEXC+0.267%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs+$6as in the Price arb table
costs, in and out, $10k−$190.192% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.147%−$15 on $10k
Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.267%, 7d avg +0.010%
Together, before fees−0.424%−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.256% dearer against MEXC than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.147%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DOGE_USDT0.099720.0100pay 0.0100% / 8h5h 34m$112.6M$230.1M300x
ShortDeribit DOGE_USDC-PERPETUAL0.099990.0160get 0.0020% / 1h34m 51s$597K$118K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$12.6
Price spread: +0.267% → +0.010%
$25.63
Slippage, 4 orders
−$12.21
Fee MEXC: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$19.02
Costs to cover
0.192%
Break-even
from the start
Slippage from MEXC: live order book, 4 min ago; Deribit: live order book, 29 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 ago0.50 bp0.5 bp −$12.6 bp −$2610.6 bp −$1,06440.5 bp −$20.3K
Sell Deribit live order book, 29 min ago5.00 bp9.7 bp −$1017.0 bp −$170doesn't fitdoesn'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−0.0092%8h0.09946−0.261%$150.6M$273.8M75xas long as short
dYdX DOGE-USD0.0000%1h0.09968−0.040%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09992+0.205%$444K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09993+0.209%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09998+0.261%$793K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09974+0.020%$901$437K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09985+0.130%$532K$993K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09991+0.187%$4.7M$48.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09975+0.033%$328K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09972+0.004%$319.2M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09957−0.150%$160.5M$441.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09959−0.130%$111.7M$986.2M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985+0.128%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09969−0.030%$243.3M$132.3M75xas long as short
MEXC DOGE_USDTlong+0.0100%8h0.09972long leg$112.6M$230.1M300x
KuCoin DOGEUSDTM+0.0100%8h0.09987+0.150%$66.1M$43.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09971−0.010%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09992+0.201%$329K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09987+0.146%$981K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09958−0.145%$296K$129.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09964−0.076%$634K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09960−0.120%$145K$278K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09983+0.108%$255K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09997+0.251%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09996+0.243%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09996+0.239%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09999+0.271%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09986+0.138%$5.9M$56.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09997+0.251%$92.0M$16.7M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.09977+0.050%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09986+0.142%$524K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09997+0.254%$19K3xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0160%1h0.09999+0.267%$597K$118K25x
Reya DOGERUSDPERP+0.0186%1h0.09992+0.197%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09988+0.155%$532$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1000+0.291%$15.7M$25.2M75xas long as short
Phoenix DOGE+0.0240%1h0.09992+0.206%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.09993+0.208%$311K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.1000+0.321%$2.3M$26.2M50xas long as short
Kraken Futures PF_DOGEUSD+0.0306%1h0.09996+0.243%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0449%1h0.09968−0.036%$121.7M$99.7M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09987+0.146%$402K$365K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09991+0.191%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.481%$5K$239K12xas long as short