Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: Aster against Orderly+0.007%7-day average +0.006% · you sell dearer than you buy

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

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.007%, 7d avg +0.006%

Together, before fees+0.049%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_DOGE_USDC	0.1018	0.0100	pay 0.0100% / 8h	1h 40m	$74K	$432K	50x
Short	Aster DOGEUSDT	0.1018	0.0100	get 0.0100% / 8h	1h 40m	$5.2M	$42.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → +0.006%: $0.06
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$13.94
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 4 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	0.50 bp	4.5 bp −$5	5.7 bp −$57	11.6 bp −$1,158	doesn't fit

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	−0.0271%	8h	0.1017	−0.098%	$155.5M	$263.9M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1019	+0.033%	$414K	$4.5M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1018	0.000%	$33K	—	150x	as long as short
dYdX DOGE-USD	+0.0012%	1h	0.1018	+0.027%	$229K	$44K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0015%	1h	0.1018	+0.011%	$617K	$105K	25x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1017	−0.138%	$16K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0088%	8h	0.1018	−0.039%	$244.8M	$122.2M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1019	+0.035%	$796K	$5.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.1018	+0.010%	$1K	$360K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1018	+0.025%	$714K	$778K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDTshort	+0.0100%	8h	0.1018	+0.007%	$5.2M	$42.5M	75x
Pacifica DOGE	+0.0100%	1h	0.1019	+0.043%	$341K	$497K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1018	−0.001%	$327.7M	$1.30B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1018	−0.010%	$164.8M	$410.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1018	0.000%	$111.0M	$932.1M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1019	+0.108%	$29K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1017	−0.097%	$390K	$17K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1018	−0.010%	$113.3M	$215.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1018	0.000%	$66.6M	$39.8M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1018	−0.010%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1017	−0.105%	$954K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1010	−0.833%	$277K	$113.5M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1006	−1.206%	$641K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1006	−1.198%	$147K	$240K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1018	+0.020%	$274K	$535K	10x	as long as short
Orderly PERP_DOGE_USDClong	+0.0100%	8h	0.1018	long leg	$74K	$432K	50x
Derive DOGE-PERP	+0.0100%	1h	0.1018	−0.013%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1019	+0.090%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1018	+0.020%	$2K	$3.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1018	+0.018%	$6.1M	$49.2M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1018	−0.020%	$94.3M	$19.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1019	+0.045%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1018	−0.025%	$564K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1017	−0.108%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0176%	1h	0.1019	+0.068%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.1019	+0.092%	$538	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1019	+0.039%	$2.1M	$23.6M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1016	−0.206%	$15.3M	$24.8M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0248% / S −0.0274%	1h	0.1018	−0.008%	$321K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0358%	1h	0.1018	+0.012%	$6.1M	$32.2M	50x	as long as short
Backpack DOGE_USDC_PERP	+0.0442%	1h	0.1019	+0.049%	$537K	$940K	15x	as long as short
Hyperliquid DOGE	+0.0453%	1h	0.1019	+0.098%	$112.4M	$81.9M	10x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1019	+0.108%	$320K	$477K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1022	+0.373%	$5K	$207K	12x	as long as short