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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Paradex+0.128%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 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.128% dearer against Paradex than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex DOGE-USD-PERP0.098930.0100pay 0.0100% / 8h7h 52m$18K$5K30x
ShortLighter DOGE0.099050.0096get 0.0012% / 1h52m 36s$826K$6.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.128% → 0.000%
$12.82
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$7.98
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 6 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 Lighter live order book, 6 min ago3.89 bp7.1 bp −$714.9 bp −$14937.4 bp −$3,735doesn'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
Kraken Futures PF_DOGEUSD−0.0096%1h0.09910+0.174%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0009%8h0.09898+0.055%$140.6M$347.6M75xas long as short
dYdX DOGE-USD0.0000%1h0.09897+0.042%$222K$64K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09902+0.093%$577K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09887−0.052%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.444%$6K$242K12xas long as short
Gate DOGE_USDT+0.0078%8h0.09901+0.086%$250.5M$152.6M75xas long as short
Phoenix DOGE+0.0081%1h0.09885−0.072%$18K$386K10xas long as short
Lighter DOGEshort+0.0096%1h0.09905+0.128%$826K$6.8M15x
Katana Perps DOGE-USD+0.0100%8h0.09899+0.065%$1K$545K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09902+0.091%$123.5M$117.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09898+0.051%$4.9M$59.4M75xas long as short
Pacifica DOGE+0.0100%1h0.09898+0.051%$321K$506K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09899+0.065%$327.3M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09897+0.045%$163.7M$523.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09902+0.096%$115.1M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09905+0.126%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.076%$377K$16K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09901+0.086%$117.4M$258.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09898+0.055%$66.4M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09902+0.096%$53.6Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09908+0.156%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09879−0.138%$1.0M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09865−0.274%$300K$139.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09867−0.261%$625K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.329%$141K$346K25xas long as short
Nado DOGE-PERP+0.0100%1h0.09896+0.035%$536K$1.1M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09907+0.141%$258K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09909+0.167%$71K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09903+0.108%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09910+0.177%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09910+0.177%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09910+0.180%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09910+0.177%$90.6M$16.7M50xas long as short
Paradex DOGE-USD-PERPlong+0.0100%8h0.09893long leg$18K$5K30x
Extended DOGE-USD+0.0104%1h0.09900+0.076%$481K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09909+0.167%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0174%1h0.09914+0.214%$556K$283K25xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09904+0.114%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09910+0.177%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09903+0.106%$15.6M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09909+0.171%$441$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0286% / S −0.0375%1h0.09905+0.124%$413K200xas long as short
RISEx DOGE/USDC+0.0717%1h0.09910+0.176%$399K$455K10xas long as short