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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0120%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.034%
Price spread now: 01 Exchange against Phoenix−0.036%52s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.036% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix DOGE0.098490.0080pay 0.0010% / 1h31m 49s$15K$225K10x
Short01 Exchange DOGEUSD0.098450.0200get 0.0025% / 1h31m 49s$520$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$25.24
Price spread: −0.036% → 0.000%
−$3.55
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$7.68
Costs to cover
0.140%
Break-even
4.9 days
Slippage unknown: Phoenix: live order book, 52 min ago; 01 Exchange: 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, 52 min ago1.01 bp12.3 bp −$1250.7 bp −$507doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.0279%8h0.09826−0.230%$151.2M$260.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09838−0.108%$358K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09836−0.131%$615K$99K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09837−0.115%$32K150xas long as short
Gate DOGE_USDT+0.0064%8h0.09835−0.139%$234.0M$119.4M75xas long as short
dYdX DOGE-USD+0.0072%1h0.09845−0.042%$221K$44K10xas long as short
Phoenix DOGElong+0.0080%1h0.09849long leg$15K$225K10x
Katana Perps DOGE-USD+0.0095%8h0.09838−0.109%$822$335K10xas long as short
Lighter DOGE+0.0096%1h0.09837−0.123%$780K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09842−0.068%$625K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09840−0.092%$4.9M$40.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09844−0.049%$335K$505K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09840−0.091%$312.2M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09833−0.159%$155.9M$397.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09839−0.098%$107.4M$880.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09850+0.013%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09919+0.712%$380K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09842−0.068%$117.8M$214.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09838−0.109%$64.7M$39.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09839−0.098%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09842−0.066%$917K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09864+0.151%$262K$111.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09867+0.186%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860+0.115%$140K$222K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09839−0.094%$270K$531K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09835−0.139%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09832−0.173%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09844−0.047%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09834−0.149%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09842−0.063%$5.9M$46.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09836−0.129%$91.3M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09842−0.073%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09837−0.115%$548K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09834−0.149%$19K3xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09842−0.068%$2K20xas long as short
01 Exchange DOGEUSDshort+0.0200%1h0.09845−0.036%$520$4K10x
Backpack DOGE_USDC_PERP+0.0212%1h0.09841−0.078%$520K$933K15xas long as short
BloFin DOGE-USDT+0.0220%8h0.09832−0.170%$15.1M$23.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09847−0.017%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09837−0.123%$303K200xas long as short
Kraken Futures PF_DOGEUSD+0.0291%1h0.09830−0.190%$5.9M$31.6M50xas long as short
Hyperliquid DOGE+0.0439%1h0.09845−0.036%$109.0M$78.8M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09850+0.013%$307K$470K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09880+0.318%$5K$153K12xas long as short