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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.022%
Price spread now: Reya against Orderly+0.110%66s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.110% dearer against Orderly than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_DOGE_USDC0.098550.0100pay 0.0100% / 8h6h 20m$68K$423K50x
ShortReya DOGERUSDPERP0.098660.0205get 0.0026% / 1h20m 55s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$22.05
Price spread: +0.110% → 0.000%
$11.02
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Reya: 3 bp × 2 orders
−$6
Net
$21.07
Costs to cover
0.120%
Break-even
0.3 days
Slippage unknown: Orderly: no order-book sample; Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Reya no order-book sample
Orderly and Reya: 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 43 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0052%1h0.09852−0.027%$5.3M$40.3M50xas long as short
Bitget DOGEUSDT−0.0037%8h0.09845−0.101%$139.4M$346.5M75xas long as short
Gate DOGE_USDT−0.0003%8h0.09850−0.051%$252.9M$148.5M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09862+0.070%$493K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09852−0.029%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.849%$6K$240K12xas long as short
Bybit DOGEUSDT+0.0043%8h0.09846−0.091%$166.1M$511.8M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0065%1h0.09856+0.012%$552K$297K25xas long as short
Lighter DOGE+0.0096%1h0.09863+0.079%$815K$6.5M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09860+0.051%$1K$542K10xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09860+0.051%$506K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09862+0.071%$122.3M$111.4M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09854−0.010%$4.9M$58.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09866+0.111%$315K$475K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09853−0.020%$325.3M$1.66B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09852−0.030%$115.8M$1.14B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09866+0.112%$17K$307K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09868+0.134%$377K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09850−0.051%$111.2M$256.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.098550.000%$65.4M$47.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09852−0.030%$49.0Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09853−0.020%$312K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09846−0.086%$1.2M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09857+0.022%$258K$133.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09856+0.011%$629K$4.0M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860+0.051%$139K$347K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09856+0.008%$246K$1.2M10xas long as short
Orderly PERP_DOGE_USDClong+0.0100%8h0.09855long leg$68K$423K50x
SunX DOGE-USDT+0.0100%8h0.09865+0.099%$34K$2.0M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09854−0.010%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09859+0.045%$6.0M$66.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09854−0.010%$89.9M$15.7M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09860+0.051%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09846−0.096%$482K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09854−0.012%$19K3xas long as short
Phoenix DOGE+0.0161%1h0.09864+0.088%$18K$355K10xas long as short
01 Exchange DOGEUSD+0.0176%1h0.09869+0.139%$454$4K10xas long as short
Reya DOGERUSDPERPshort+0.0205%1h0.09866+0.110%$2K20x
GMX DOGE/USD [ETH-USDC]L +0.0211% / S −0.0184%1h0.09853−0.024%$286K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09865+0.101%$15.4M$26.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09863+0.081%$2.2M$34.7M50xas long as short
dYdX DOGE-USD+0.0249%1h0.09864+0.087%$232K$69K10xas long as short
RISEx DOGE/USDC+0.0565%1h0.09867+0.127%$409K$451K10xas long as short