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+0.0057%/8h= +6.2% APRpaid last 24h −0.025%
Price spread now: Deribit against Paradex+0.387%7-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 airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.387% dearer against Paradex than usual: you sell high and buy low: +$39 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex DOGE-USD-PERP0.099600.0103pay 0.0103% / 8h5h 34m$18K$6K30x
ShortDeribit DOGE_USDC-PERPETUAL0.099990.0160get 0.0020% / 1h34m 38s$597K$118K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Paradex. 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
$11.87
Price spread: +0.387% → 0.000%
$38.71
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$39.57
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Deribit: live order book, 29 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 Paradex no order-book sample
Sell Deribit live order book, 29 min ago5.00 bp9.7 bp −$1017.0 bp −$170doesn't fitdoesn't fit
Paradex: 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−0.0091%8h0.09949−0.111%$150.7M$273.8M75xas long as short
dYdX DOGE-USD0.0000%1h0.09951−0.096%$223K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09992+0.325%$444K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09993+0.329%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09964+0.042%$788K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09953−0.071%$3K$441K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09985+0.251%$532K$993K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09985+0.253%$4.7M$48.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09957−0.032%$327K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09959−0.011%$318.8M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09959−0.011%$160.5M$441.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.099600.000%$111.3M$986.4M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985+0.248%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09956−0.041%$242.9M$132.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09961+0.010%$111.8M$230.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09956−0.041%$65.9M$43.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09955−0.051%$76.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09992+0.321%$329K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09987+0.266%$981K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09958−0.025%$296K$129.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09964+0.044%$634K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.099600.000%$145K$278K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09983+0.228%$255K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09997+0.371%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09996+0.364%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09996+0.359%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09999+0.391%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09986+0.259%$5.9M$56.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09997+0.371%$92.0M$16.7M50xas long as short
Paradex DOGE-USD-PERPlong+0.0103%8h0.09960long leg$18K$6K30x
Extended DOGE-USD+0.0104%1h0.09951−0.093%$524K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09997+0.374%$19K3xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0160%1h0.09999+0.387%$597K$118K25x
Reya DOGERUSDPERP+0.0186%1h0.09992+0.317%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09961+0.011%$531$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1000+0.411%$15.7M$25.2M75xas long as short
Phoenix DOGE+0.0240%1h0.09992+0.326%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.09993+0.328%$311K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.1000+0.441%$2.3M$26.2M50xas long as short
Kraken Futures PF_DOGEUSD+0.0306%1h0.09996+0.363%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0449%1h0.09968+0.084%$121.7M$99.7M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09963+0.025%$401K$365K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09972+0.120%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.602%$5K$239K12xas long as short