Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Orderly against OKX−0.010%7-day average +0.003% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.010%, 7d avg +0.003%

Together, before fees−0.056%−$6 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	0.09952	0.0100	pay 0.0100% / 8h	5h 38m	$111.3M	$984.8M	50x
Short	Orderly PERP_DOGE_USDC	0.09951	0.0100	get 0.0100% / 8h	5h 38m	$70K	$440K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → +0.003%: −$1.28
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$17.28
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.

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, 6 min ago	0.50 bp	5.5 bp −$6	8.6 bp −$86	17.4 bp −$1,744	42.0 bp −$21.0K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget DOGEUSDT	−0.0093%	8h	0.09940	−0.121%	$150.6M	$273.8M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09967	+0.146%	$224K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09973	+0.207%	$443K	$5.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09950	−0.016%	$24K	—	150x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0021%	1h	0.09953	+0.012%	$595K	$118K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09981	+0.291%	$804K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09965	+0.131%	$900	$436K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09957	+0.050%	$531K	$991K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09967	+0.155%	$4.7M	$48.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09974	+0.224%	$328K	$483K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.09955	+0.034%	$319.1M	$1.44B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09951	−0.010%	$160.2M	$440.6M	75x	as long as short
OKX DOGE-USDT-SWAPlong	+0.0100%	8h	0.09952	long leg	$111.3M	$984.8M	50x
Bulk DOGE-USD	+0.0100%	1h	0.09995	+0.430%	$383K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09950	−0.020%	$242.6M	$132.0M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09952	0.000%	$112.5M	$230.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09954	+0.020%	$65.8M	$43.3M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09958	+0.060%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09954	+0.020%	$328K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09971	+0.186%	$997K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09974	+0.220%	$297K	$129.5M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	+0.578%	$629K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1001	+0.583%	$146K	$277K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09951	−0.009%	$255K	$731K	10x	as long as short
Orderly PERP_DOGE_USDCshort	+0.0100%	8h	0.09951	−0.010%	$70K	$440K	50x
Derive DOGE-PERP	+0.0100%	1h	0.09947	−0.048%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09955	+0.028%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09952	0.000%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09951	−0.009%	$5.9M	$56.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09955	+0.030%	$91.7M	$16.7M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.09971	+0.187%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09949	−0.033%	$538K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09948	−0.041%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0186%	1h	0.09952	+0.002%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.09973	+0.211%	$532	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09951	−0.010%	$15.6M	$25.1M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09990	+0.379%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0267%	1h	0.09951	−0.008%	$310K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09963	+0.111%	$2.3M	$26.0M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0307%	1h	0.09950	−0.022%	$5.7M	$35.1M	50x	as long as short
Hyperliquid DOGE	+0.0434%	1h	0.09970	+0.176%	$121.7M	$99.5M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09973	+0.211%	$402K	$368K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.09981	+0.291%	$128K	$179K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.1002	+0.683%	$5K	$239K	12x	as long as short