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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Polymarket Perps against Orderly+0.019%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.284%−$28 on $10k
Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.019%, 7d avg −0.003%
Together, before fees−0.312%−$31 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: Polymarket Perps is 0.022% dearer against Orderly than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_DOGE_USDC0.098310.0100pay 0.0100% / 8h2h 32m$56K$397K50x
ShortPolymarket Perps DOGE-USD0.098330.0100get 0.0013% / 1h32m 44s$270K$531K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$0
Price spread: +0.019% → −0.003%
$2.18
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$11.82
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 55 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Polymarket Perps live order book, 55 min ago3.00 bp7.0 bp −$77.4 bp −$74doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0279%8h0.09833+0.020%$151.3M$260.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09838+0.066%$356K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09832+0.015%$615K$95K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09827−0.042%$32K150xas long as short
dYdX DOGE-USD+0.0048%1h0.09859+0.285%$221K$44K10xas long as short
Gate DOGE_USDT+0.0064%8h0.09841+0.102%$234.1M$119.2M75xas long as short
Phoenix DOGE+0.0080%1h0.09849+0.180%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09847+0.163%$1K$335K10xas long as short
Lighter DOGE+0.0096%1h0.09846+0.153%$781K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09834+0.036%$624K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09836+0.056%$4.9M$40.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09861+0.305%$335K$505K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09846+0.151%$313.0M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09839+0.081%$156.0M$397.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09843+0.122%$107.4M$881.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09860+0.295%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09919+0.894%$380K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09847+0.163%$117.9M$214.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09838+0.071%$64.8M$39.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09845+0.142%$73.2Mas long as short
Variational Omni DOGE+0.0100%8h0.09842+0.113%$917K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09864+0.331%$262K$111.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09867+0.366%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860+0.295%$140K$222K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.09833+0.019%$270K$531K10x
Orderly PERP_DOGE_USDClong+0.0100%8h0.09831long leg$56K$397K50x
Derive DOGE-PERP+0.0100%1h0.09830−0.014%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09862+0.317%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.098310.000%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09828−0.032%$5.9M$46.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09830−0.010%$91.2M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09852+0.216%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09843+0.121%$549K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09834+0.025%$19K3xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09832+0.015%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.09849+0.186%$520$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0209%1h0.09837+0.061%$520K$934K15xas long as short
BloFin DOGE-USDT+0.0220%8h0.09832+0.010%$15.1M$23.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09835+0.041%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09826−0.049%$303K200xas long as short
Kraken Futures PF_DOGEUSD+0.0291%1h0.09828−0.036%$5.9M$31.6M50xas long as short
Hyperliquid DOGE+0.0443%1h0.09852+0.209%$109.0M$78.8M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09856+0.254%$308K$470K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09880+0.498%$5K$153K12xas long as short