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

DOGE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0865%/8h= +94.8% APRpaid last 24h +0.201%
Price spread now: Injective against Paradex+0.099%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 +$26 a day on $10k at the current rate, and Injective is 0.099% dearer against Paradex than usual: you sell high and buy low: +$10 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-PERP0.10030.0101pay 0.0101% / 8h1h 33m$18K$5K30x
ShortInjective DOGE/USDC PERP0.10040.0966get 0.0121% / 1h33m 19s$5K$207K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$181.71
Price spread: +0.099% → 0.000%
$9.87
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$187.56
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Injective: live order book, 51 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 Injective live order book, 51 min ago30.12 bp30.1 bp −$30doesn't fitdoesn'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−0.0269%8h0.1000−0.300%$152.8M$265.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1003+0.015%$416K$4.7M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1001−0.216%$606K$105K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1001−0.244%$32K150xas long as short
dYdX DOGE-USD+0.0009%1h0.1003−0.009%$225K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1003+0.045%$19K$222K10xas long as short
Gate DOGE_USDT+0.0085%8h0.1000−0.280%$240.4M$123.2M75xas long as short
Lighter DOGE+0.0096%1h0.1001−0.178%$781K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.1003−0.041%$2K$364K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1002−0.136%$672K$797K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1001−0.216%$5.1M$43.0M75xas long as short
Pacifica DOGE+0.0100%1h0.1004+0.062%$336K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001−0.220%$319.3M$1.31B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1000−0.280%$161.9M$413.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001−0.240%$109.0M$922.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1003+0.019%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1017+1.416%$390K$17K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001−0.170%$110.4M$216.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.190%$65.4M$40.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1001−0.230%$74.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1007+0.431%$994K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1006+0.298%$280K$115.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1006+0.348%$634K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1007+0.398%$147K$243K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1001−0.200%$269K$537K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1001−0.240%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1001−0.231%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1001−0.182%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1000−0.270%$2K$3.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1001−0.226%$6.0M$49.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001−0.240%$92.7M$19.1M50xas long as short
Paradex DOGE-USD-PERPlong+0.0101%8h0.1003long leg$18K$5K30x
Extended DOGE-USD+0.0104%1h0.1001−0.242%$554K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1002−0.137%$19K3xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1001−0.190%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1003+0.002%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1001−0.200%$2.0M$23.3M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001−0.200%$15.4M$24.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0270%1h0.1001−0.239%$313K200xas long as short
Kraken Futures PF_DOGEUSD+0.0364%1h0.1000−0.269%$6.0M$32.6M50xas long as short
Backpack DOGE_USDC_PERP+0.0399%1h0.1004+0.069%$537K$949K15xas long as short
Hyperliquid DOGE+0.0412%1h0.1003−0.031%$110.6M$82.3M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1003+0.034%$314K$477K10xas long as short
Injective DOGE/USDC PERPshort+0.0966%1h0.1004+0.099%$5K$207K12x