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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0163%/8h= −17.8% APRpaid last 24h −0.031%
Price spread now: Bitget against Pacifica−0.233%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.104%−$10 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.233%, 7d avg −0.054%
Together, before fees−0.030%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.179% cheaper against Pacifica than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DOGE0.099220.0100pay 0.0013% / 1h54m 12s$322K$482K20x
ShortBitget DOGEUSDT0.09899−0.0063pay 0.0063% / 8h4h 54m$149.6M$274.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$34.23
Price spread: −0.233% → −0.054%
−$17.86
Slippage, 4 orders
−$16.6
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$88.7
Costs to cover
0.366%
Break-even
never at this rate
Slippage from Pacifica: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago4.55 bp10.1 bp −$1015.2 bp −$152doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.50 bp7.4 bp −$79.1 bp −$9123.6 bp −$2,35955.0 bp −$27.5K

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 DOGEUSDTshort−0.0063%8h0.09899−0.233%$149.6M$274.4M75x
Kraken Futures PF_DOGEUSD−0.0032%1h0.09905−0.173%$5.7M$35.4M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09934+0.123%$429K$5.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09904−0.177%$592K$118K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09903−0.196%$23K150xas long as short
dYdX DOGE-USD+0.0001%1h0.09920−0.023%$223K$49K10xas long as short
Polymarket Perps DOGE-USD+0.0083%1h0.09904−0.182%$255K$766K10xas long as short
Lighter DOGE+0.0096%1h0.09910−0.121%$747K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09904−0.182%$895$446K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09914−0.082%$528K$1.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09912−0.102%$4.7M$48.9M75xas long as short
Pacifica DOGElong+0.0100%1h0.09922long leg$322K$482K20x
Binance DOGEUSDT+0.0100%8h0.09906−0.162%$316.4M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09904−0.182%$160.2M$441.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09906−0.162%$110.5M$987.1M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09930+0.080%$381K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09900−0.223%$242.2M$132.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09906−0.162%$111.8M$232.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09905−0.172%$65.4M$43.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09910−0.122%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09901−0.213%$311K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09912−0.103%$973K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09876−0.461%$293K$128.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09883−0.390%$622K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870−0.525%$143K$282K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09901−0.213%$69K$437K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09900−0.220%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09911−0.110%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09905−0.172%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09904−0.186%$5.9M$56.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09906−0.162%$91.1M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09914−0.079%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09901−0.212%$495K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09903−0.187%$19K3xas long as short
Reya DOGERUSDPERP+0.0188%1h0.09906−0.159%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.09913−0.091%$528$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09933+0.110%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09915−0.075%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09901−0.212%$310K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09909−0.132%$2.3M$26.6M50xas long as short
Hyperliquid DOGE+0.0340%1h0.09917−0.050%$120.8M$99.7M10xas long as short
Arcus DOGE-USD+0.0690%1h0.09922−0.001%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09916−0.062%$400K$411K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09950+0.281%$5K$239K12xas long as short