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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.015%
Price spread now: Coinbase International against Pacifica+0.091%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$340.343% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.091%, 7d avg +0.005%
Together, before fees−0.350%+ Points / potential airdropPacifica: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.086% dearer against Pacifica than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.110%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DOGE0.098930.0100pay 0.0013% / 1h51m 58s$339K$524K20x
ShortCoinbase International DOGE-PERP-INTX0.099020.0224get 0.0028% / 1h51m 58s$2.0M$22.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$26.04
Price spread: +0.091% → +0.005%
$8.59
Slippage, 4 orders
−$16.34
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$0.3
Costs to cover
0.343%
Break-even
6.9 days
Slippage from Pacifica: live order book, 36 min ago; Coinbase International: live order book, 2 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, 36 min ago1.50 bp6.1 bp −$68.9 bp −$89doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago1.51 bp10.5 bp −$1115.3 bp −$15352.5 bp −$5,247doesn'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−0.0276%8h0.09876−0.172%$151.6M$259.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09896+0.026%$335K$4.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09899+0.064%$619K$88K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09894+0.013%$32K150xas long as short
Gate DOGE_USDT+0.0064%8h0.09892−0.010%$235.5M$118.0M75xas long as short
Phoenix DOGE+0.0080%1h0.09967+0.746%$17K$225K10xas long as short
dYdX DOGE-USD+0.0083%1h0.09886−0.071%$222K$44K10xas long as short
Katana Perps DOGE-USD+0.0094%8h0.09887−0.061%$2K$335K10xas long as short
Lighter DOGE+0.0096%1h0.09898+0.048%$800K$5.0M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09889−0.040%$627K$694K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09896+0.027%$4.8M$40.2M75xas long as short
Pacifica DOGElong+0.0100%1h0.09893long leg$339K$524K20x
Binance DOGEUSDT+0.0100%8h0.09892−0.010%$317.2M$1.25B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.098930.000%$154.6M$393.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09896+0.030%$107.5M$884.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09892−0.010%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+1.284%$384K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09894+0.010%$110.8M$201.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09894+0.010%$65.3M$38.7M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09892−0.010%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1000+1.086%$1.1M$7.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09990+0.985%$265K$109.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09992+1.005%$631K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980+0.879%$142K$221K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09886−0.074%$275K$546K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09895+0.020%$72K$359K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09895+0.025%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09901+0.084%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09897+0.040%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09896+0.029%$6.0M$46.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09895+0.020%$91.9M$18.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09888−0.053%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09887−0.065%$541K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09876−0.176%$19K3xas long as short
Backpack DOGE_USDC_PERP+0.0118%1h0.09900+0.071%$522K$803K15xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09891−0.019%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09934+0.414%$15.3M$23.7M75xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0224%1h0.09902+0.091%$2.0M$22.1M50x
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0211%1h0.09896+0.033%$334K200xas long as short
Kraken Futures PF_DOGEUSD+0.0289%1h0.09899+0.059%$6.8M$30.3M50xas long as short
01 Exchange DOGEUSD+0.0536%1h0.09887−0.057%$522$4K10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09892−0.005%$311K$469K10xas long as short
Hyperliquid DOGE+0.0642%1h0.09905+0.119%$112.7M$75.5M10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09990+0.980%$5K$153K12xas long as short