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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0681%/8h= +74.5% APRnext payment +$0.85 per $10,000 · paid last 24h 0.000%
Price spread now: Arcus against Pacifica+0.129%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.299%−$30 · spread now +0.129%, 7d avg −0.005%
Together, before fees−0.299%+ Points / potential airdropPacifica: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Arcus is 0.134% dearer against Pacifica than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.005%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DOGE0.099390.0100pay 0.0013% / 1h17m 06s$327K$483K20x
ShortArcus DOGE-USD0.099520.0781get 0.0098% / 1h17m 06s$128K$179K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Pacifica. 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
$142.91
Price spread: +0.129% → −0.005%
$13.36
Slippage, 4 orders
−$17.34
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$126.44
Costs to cover
0.298%
Break-even
0.8 days
Slippage from Pacifica: live order book, 46 min ago; Arcus: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 46 min ago2.00 bp7.2 bp −$712.7 bp −$127doesn't fitdoesn't fit
Sell Arcus live order book, 42 min ago3.00 bp8.1 bp −$826.2 bp −$262doesn't fitdoesn't fit

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−0.0078%8h0.09955+0.159%$150.6M$273.9M75xas long as short
dYdX DOGE-USD0.0000%1h0.09935−0.042%$223K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09936−0.034%$441K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09947+0.074%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09961+0.219%$773K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09942+0.028%$994$443K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09938−0.012%$532K$996K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09947+0.083%$4.7M$48.7M75xas long as short
Pacifica DOGElong+0.0100%1h0.09939long leg$327K$483K20x
Binance DOGEUSDT+0.0100%8h0.09960+0.207%$318.8M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09955+0.159%$160.3M$441.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09964+0.250%$111.0M$987.9M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09940+0.009%$381K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09957+0.179%$243.8M$133.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09961+0.219%$111.7M$231.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09955+0.159%$65.9M$43.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09944+0.048%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09960+0.209%$328K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09983+0.437%$989K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09969+0.299%$296K$128.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09969+0.297%$632K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.612%$146K$279K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09935−0.038%$252K$738K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09951+0.119%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09949+0.102%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09945+0.057%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09952+0.129%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09949+0.097%$6.0M$56.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09955+0.159%$91.6M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0102%8h0.09934−0.055%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09948+0.093%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09950+0.109%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0142%1h0.09953+0.141%$595K$118K25xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09941+0.014%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09944+0.049%$530$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09952+0.129%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09951+0.119%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09948+0.085%$311K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09956+0.169%$2.3M$26.3M50xas long as short
Kraken Futures PF_DOGEUSD+0.0307%1h0.09951+0.116%$5.7M$35.3M50xas long as short
Hyperliquid DOGE+0.0529%1h0.09972+0.327%$121.8M$99.6M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09947+0.082%$399K$366K10xas long as short
Arcus DOGE-USDshort+0.0781%1h0.09952+0.129%$128K$179K10x
Injective DOGE/USDC PERP+0.1072%1h0.1001+0.712%$5K$239K12xas long as short