Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: Extended against OKX−0.037%7-day average −0.054% · 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−$23as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 7 days+0.058%+$6 · spread now −0.037%, 7d avg −0.054%

Together, before fees+0.120%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DOGE-USDT-SWAP	0.1010	0.0100	pay 0.0100% / 8h	3h 09m	$115.0M	$1.15B	50x
Short	Extended DOGE-USD	0.1009	0.0104	get 0.0013% / 1h	9m 42s	$488K	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0.84
Price spread: −0.037% → −0.054%: $1.67
Slippage, 4 orders: −$9.35
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$21.84
Costs to cover: 0.243%
Break-even: 189.0 days

Slippage from OKX: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago	0.49 bp	6.0 bp −$6	9.4 bp −$94	18.9 bp −$1,894	44.9 bp −$22.4K
Sell Extended live order book, 4 min ago	1.97 bp	4.5 bp −$4	4.5 bp −$45	13.8 bp −$1,379	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
Kalshi KXDOGEPERP	0.0000%	8h	0.1011	+0.083%	$679K	$6.3M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1010	+0.017%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0018%	1h	0.1010	−0.018%	$227K	$70K	10x	as long as short
Bitget DOGEUSDT	+0.0085%	8h	0.1010	−0.010%	$131.2M	$318.2M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1011	+0.069%	$747K	$6.5M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1010	+0.005%	$554K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1010	−0.002%	$4.8M	$55.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1011	+0.137%	$323K	$519K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1010	−0.019%	$330.3M	$1.63B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1010	0.000%	$163.5M	$503.2M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DOGE-USDT-SWAPlong	+0.0100%	8h	0.1010	long leg	$115.0M	$1.15B	50x
Bulk DOGE-USD	+0.0100%	1h	0.1016	+0.633%	$390K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1009	−0.050%	$247.9M	$147.4M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1010	+0.010%	$113.3M	$247.7M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1010	+0.010%	$66.4M	$48.4M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1010	−0.020%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1009	−0.030%	$330K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1013	+0.323%	$1.1M	$8.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1017	+0.673%	$324K	$136.3M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1016	+0.644%	$644K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1017	+0.713%	$153K	$330K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1010	+0.030%	$262K	$1.1M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1010	+0.030%	$65K	$458K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1010	+0.011%	$19K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1010	+0.059%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1010	+0.020%	$2K	$5.1M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1010	−0.015%	$6.0M	$65.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1010	+0.040%	$92.9M	$17.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1011	+0.102%	$18K	$5K	30x	as long as short
Extended DOGE-USDshort	+0.0104%	1h	0.1009	−0.037%	$488K	$4.1M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.1010	+0.039%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0120%	8h	0.1010	+0.010%	$3K	$503K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0146%	1h	0.1010	+0.059%	$573K	$247K	25x	as long as short
Reya DOGERUSDPERP	+0.0193%	1h	0.1010	+0.015%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1014	+0.426%	$16.4M	$26.9M	75x	as long as short
Phoenix DOGE	+0.0235%	1h	0.1017	+0.742%	$18K	$292K	10x	as long as short
01 Exchange DOGEUSD	+0.0240%	1h	0.1011	+0.101%	$450	$4K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0249%	1h	0.1010	−0.009%	$5.5M	$39.6M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0254% / S −0.0301%	1h	0.1010	+0.020%	$329K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1011	+0.069%	$2.1M	$33.3M	50x	as long as short
Hyperliquid DOGE	+0.0413%	1h	0.1010	+0.050%	$125.5M	$111.8M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1012	+0.168%	$109K	$207K	10x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1011	+0.084%	$408K	$432K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	+4.278%	$6K	$242K	12x	as long as short