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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Polymarket Perps−1.929%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.371%+$37 on $10k
Price spread, last 4 days (all we have)+1.888%+$189 · spread now −1.929%, 7d avg +0.055%
Together, before fees+2.259%+$226 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 1.984% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −1.929% now, against its 7-day average of +0.055%). If the spread goes back, that is −$198 on $10k: about 3 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.371% in total) that is about 37 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.10470.0100pay 0.0013% / 1h55m 38s$268K$883K10x
ShortApeX Omni DOGEUSDT0.10270.0174get 0.0022% / 1h55m 38s$149K$293K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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
$15.62
Price spread: −1.929% → +0.055%
−$198.37
Slippage, 4 orders
−$20.57
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$221.32
Costs to cover
0.386%
Break-even
106.2 days
Slippage from Polymarket Perps: live order book, 62 min ago; ApeX Omni: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 62 min ago0.05 bp4.1 bp −$49.3 bp −$93doesn't fitdoesn't fit
Sell ApeX Omni live order book, 62 min ago5.05 bp20.4 bp −$2073.3 bp −$733doesn't fitdoesn't fit

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−0.0015%8h0.1049+0.181%$143.6M$303.6M75xas long as short
dYdX DOGE-USD0.0000%1h0.1049+0.160%$235K$59K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1045−0.173%$24K150xas long as short
Lighter DOGE+0.0096%1h0.1052+0.439%$771K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1048+0.043%$567K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1048+0.080%$4.9M$51.9M75xas long as short
Pacifica DOGE+0.0100%1h0.1051+0.391%$346K$491K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1048+0.049%$346.0M$1.54B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1046−0.086%$173.2M$471.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1046−0.086%$117.9M$1.12B50xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk DOGE-USD+0.0100%1h0.1005−4.049%$386K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1048+0.086%$257.4M$138.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1050+0.248%$118.2M$237.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1047−0.010%$69.7M$44.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1048+0.048%$3.5Mas long as short
Variational Omni DOGE+0.0100%8h0.1049+0.216%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1027−1.942%$312K$133.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1028−1.794%$651K$4.5M10xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.1047long leg$268K$883K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1049+0.162%$74K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1049+0.127%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1050+0.251%$37K$2.2M30xas long as short
HTX DOGE-USDT+0.0100%8h0.1057+0.900%$6.3M$60.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1053+0.573%$96.8M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.1046−0.069%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1049+0.125%$512K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1047+0.027%$20K3xas long as short
Katana Perps DOGE-USD+0.0128%8h0.1050+0.248%$882$477K10xas long as short
ApeX Omni DOGEUSDTshort+0.0174%1h0.1027−1.929%$149K$293K25x
Reya DOGERUSDPERP+0.0191%1h0.1033−1.359%$2K20xas long as short
Kalshi KXDOGEPERP+0.0200%8h0.1050+0.293%$633K$5.8M2.8xas long as short
BloFin DOGE-USDT+0.0220%8h0.1029−1.757%$16.3M$26.4M75xas long as short
Backpack DOGE_USDC_PERP+0.0221%1h0.1052+0.420%$342K$1.2M15xas long as short
Kraken Futures PF_DOGEUSD+0.0238%1h0.1055+0.741%$6.1M$36.4M50xas long as short
Phoenix DOGE+0.0242%1h0.1022−2.385%$66K$292K10xas long as short
01 Exchange DOGEUSD+0.0248%1h0.1049+0.155%$466$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0258% / S −0.0299%1h0.1042−0.453%$345K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1055+0.697%$2.1M$30.2M50xas long as short
SoDEX DOGE-USD+0.0395%1h0.1052+0.477%$21K$4.4M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1049+0.162%$114K$199K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0675%1h0.1049+0.216%$617K$137K25xas long as short
Hyperliquid DOGE+0.0703%1h0.1051+0.363%$128.8M$104.9M10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1049+0.209%$424K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1030−1.642%$6K$239K12xas long as short