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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0137%/8h= −15.0% APRnext payment $0.17 per $10,000 · paid last 24h +0.013%
Price spread now: Aevo against Phoenix+0.110%54s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Aevo is 0.110% dearer against Phoenix than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.7 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix DOGE0.099250.0241pay 0.0030% / 1h29m 24s$64K$284K10x
ShortAevo DOGE-PERP0.099360.0104get 0.0013% / 1h29m 24s$19K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Phoenix. 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
−$28.81
Price spread: +0.110% → 0.000%
$10.98
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$40.83
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 34 min ago; Aevo: no order-book sample. 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 Phoenix live order book, 34 min ago1.00 bp12.3 bp −$1250.8 bp −$508doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0118%8h0.09932+0.073%$150.5M$273.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09920−0.051%$389K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09931+0.058%$23K150xas long as short
dYdX DOGE-USD+0.0019%1h0.09943+0.180%$223K$51K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09940+0.149%$5.8M$34.1M50xas long as short
Lighter DOGE+0.0096%1h0.09952+0.277%$773K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09943+0.183%$831$427K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09941+0.163%$523K$987K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09943+0.181%$4.7M$48.3M75xas long as short
Pacifica DOGE+0.0100%1h0.09948+0.236%$327K$503K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09938+0.128%$314.6M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09931+0.062%$157.2M$442.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09932+0.073%$109.4M$977.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09958+0.335%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09870−0.552%$378K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09932+0.073%$240.8M$132.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09938+0.133%$110.3M$229.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09944+0.193%$65.7M$43.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09935+0.103%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09946+0.214%$344K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09898−0.270%$985K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09906−0.188%$272K$128.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09885−0.401%$621K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910−0.149%$145K$270K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09940+0.153%$256K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09933+0.083%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09930+0.050%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09927+0.022%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09939+0.143%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09936+0.109%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09939+0.143%$91.6M$17.2M50xas long as short
Extended DOGE-USD+0.0104%1h0.09939+0.141%$525K$3.9M50xas long as short
Aevo DOGE-PERPshort+0.0104%1h0.09936+0.110%$19K3x
Paradex DOGE-USD-PERP+0.0112%8h0.09945+0.200%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09934+0.091%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09951+0.262%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09910−0.149%$2.0M$24.9M50xas long as short
Phoenix DOGElong+0.0241%1h0.09925long leg$64K$284K10x
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09933+0.087%$309K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0314%1h0.09935+0.100%$594K$118K25xas long as short
RISEx DOGE/USDC+0.0563%1h0.09952+0.276%$400K$367K10xas long as short
Hyperliquid DOGE+0.0714%1h0.09955+0.307%$121.2M$97.5M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09940+0.153%$5K$239K12xas long as short