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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.3% APRpaid last 24h +0.031%
Price spread now: Kraken Futures against Paradex−0.205%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.205% cheaper against Paradex than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex DOGE-USD-PERP0.099750.0106pay 0.0106% / 8h6h 00m$18K$6K30x
ShortKraken Futures PF_DOGEUSD0.099550.0067get 0.0008% / 1h0m 07s$5.8M$34.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$8.31
Price spread: −0.205% → 0.000%
−$20.49
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$42.8
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago1.50 bp9.0 bp −$910.3 bp −$10323.3 bp −$2,325doesn'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 43 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−0.0094%8h0.09943−0.322%$150.6M$273.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09959−0.162%$393K$5.0M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09959−0.160%$595K$118K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09961−0.144%$23K150xas long as short
dYdX DOGE-USD+0.0010%1h0.09978+0.029%$224K$49K10xas long as short
Kraken Futures PF_DOGEUSDshort+0.0067%1h0.09955−0.205%$5.8M$34.7M50x
Lighter DOGE+0.0096%1h0.09961−0.145%$819K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09973−0.022%$833$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09967−0.077%$531K$988K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09966−0.088%$4.6M$48.1M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09984+0.089%$328K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09952−0.237%$316.9M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09950−0.252%$158.9M$436.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09952−0.232%$110.7M$978.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09986+0.109%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.407%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09950−0.252%$241.6M$133.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09952−0.232%$113.4M$232.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09951−0.242%$65.8M$43.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09949−0.262%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09949−0.262%$334K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09973−0.024%$995K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.10000+0.248%$294K$129.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09982+0.064%$627K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.249%$146K$272K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09965−0.106%$256K$684K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09962−0.132%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09959−0.161%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09987+0.123%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09960−0.152%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09955−0.206%$5.9M$55.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09952−0.232%$91.7M$16.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09956−0.191%$560K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09958−0.175%$19K3xas long as short
Paradex DOGE-USD-PERPlong+0.0106%8h0.09975long leg$18K$6K30x
Reya DOGERUSDPERP+0.0185%1h0.09962−0.135%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09977+0.019%$532$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09963−0.122%$2.3M$25.7M50xas long as short
Phoenix DOGE+0.0241%1h0.1000+0.252%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09961−0.146%$310K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09979+0.043%$402K$367K10xas long as short
Hyperliquid DOGE+0.0669%1h0.09981+0.060%$121.3M$99.4M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1006+0.851%$5K$239K12xas long as short