Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against OKX−0.341%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 7 days+0.319%+$32 · spread now −0.341%, 7d avg −0.033%

Together, before fees+0.378%+ Points / potential airdropedgeX: Active · farm board+$38 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: edgeX is 0.308% cheaper against OKX than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DOGE-USDT-SWAP	0.09907	0.0100	pay 0.0100% / 8h	7h 57m	$115.1M	$1.20B	50x
Short	edgeX DOGEUSDC	0.09873	0.0100	get 0.0050% / 4h	3h 57m	$301K	$139.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee edgeXbpOrdersPrice spread, now −0.341%Rate

Funding earned: $0
Price spread: −0.341% → −0.033%: −$30.79
Slippage, 4 orders: −$5.64
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$55.43
Costs to cover: 0.246%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; edgeX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 2 min ago	0.51 bp	5.5 bp −$6	8.1 bp −$81	16.6 bp −$1,664	39.9 bp −$20.0K
Sell edgeX live order book, 2 min ago	2.02 bp	6.5 bp −$7	6.9 bp −$69	14.3 bp −$1,426	doesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex DOGEUSDT	−0.0299%	8h	0.09905	−0.020%	$90.6M	$16.7M	50x	as long as short
Kraken Futures PF_DOGEUSD	−0.0096%	1h	0.09903	−0.041%	$5.6M	$40.8M	50x	as long as short
Bitget DOGEUSDT	−0.0006%	8h	0.09897	−0.101%	$140.5M	$348.0M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09895	−0.120%	$222K	$63K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09892	−0.146%	$580K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09903	−0.039%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.288%	$6K	$242K	12x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0053%	1h	0.09904	−0.031%	$555K	$282K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09912	+0.048%	$827K	$6.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09895	−0.121%	$1K	$544K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado DOGE-PERP	+0.0100%	1h	0.09895	−0.121%	$536K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09912	+0.052%	$123.6M	$117.4M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09901	−0.059%	$4.9M	$59.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09895	−0.118%	$321K	$506K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09900	−0.072%	$327.3M	$1.72B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09902	−0.050%	$163.6M	$526.3M	75x	as long as short
OKX DOGE-USDT-SWAPlong	+0.0100%	8h	0.09907	long leg	$115.1M	$1.20B	50x
Arcus DOGE-USD	+0.0100%	1h	0.09900	−0.071%	$16K	$306K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09885	−0.222%	$377K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09902	−0.050%	$250.6M	$152.3M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09907	0.000%	$116.8M	$257.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09904	−0.030%	$66.4M	$50.0M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09905	−0.020%	—	$53.7M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09907	0.000%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09877	−0.301%	$1.0M	$8.6M	—	as long as short
edgeX DOGEUSDCshort	+0.0100%	4h	0.09873	−0.341%	$301K	$139.1M	20x
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09865	−0.424%	$625K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09870	−0.373%	$141K	$346K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09902	−0.050%	$258K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09902	−0.050%	$71K	$475K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09861	−0.467%	$18K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09908	+0.010%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09902	−0.050%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09906	−0.009%	$5.9M	$69.1M	75x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09897	−0.101%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09896	−0.106%	$483K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09902	−0.055%	$19K	—	3x	as long as short
Phoenix DOGE	+0.0160%	1h	0.09885	−0.218%	$18K	$386K	10x	as long as short
Reya DOGERUSDPERP	+0.0201%	1h	0.09898	−0.091%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0208%	1h	0.09907	0.000%	$1.9M	$35.0M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09899	−0.081%	$15.5M	$26.8M	75x	as long as short
01 Exchange DOGEUSD	+0.0240%	1h	0.09904	−0.025%	$440	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0285% / S −0.0425%	1h	0.09902	−0.046%	$397K	—	200x	as long as short
RISEx DOGE/USDC	+0.0717%	1h	0.09910	+0.030%	$399K	$455K	10x	as long as short