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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against Polymarket Perps−0.729%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.358%+$36 on $10k
Price spread, last 3 days (all we have)+0.681%+$68 · spread now −0.729%, 7d avg −0.007%
Together, before fees+1.039%+ Points / potential airdropGRVT: Active · farm board+$104 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.722% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$72 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.10150.0100pay 0.0013% / 1h15m 12s$270K$635K10x
ShortGRVT DOGE_USDT_Perp0.10070.0100get 0.0100% / 8h7h 15m$638K$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: −0.729% → −0.007%
−$72.24
Slippage, 4 orders
−$12.12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$101.36
Costs to cover
0.291%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 57 min ago; GRVT: live order book, 4 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, 57 min ago3.03 bp8.3 bp −$88.5 bp −$85doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago0.50 bp6.0 bp −$614.4 bp −$14446.4 bp −$4,644doesn'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−0.0171%8h0.1013−0.128%$154.0M$271.3M75xas long as short
Kraken Futures PF_DOGEUSD−0.0076%1h0.1014−0.032%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1015−0.003%$421K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1015−0.004%$610K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1014−0.041%$24K150xas long as short
dYdX DOGE-USD+0.0013%1h0.1015+0.013%$228K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1015+0.035%$801K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1014−0.049%$847$418K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1015+0.042%$520K$973K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1015+0.016%$5.1M$46.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1015+0.010%$338K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1014−0.042%$322.7M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1014−0.039%$161.1M$438.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1014−0.039%$112.1M$978.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.10150.000%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−1.125%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1014−0.079%$246.7M$130.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1014−0.039%$113.7M$225.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1014−0.049%$66.5M$42.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1014−0.049%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1014−0.020%$368K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010−0.415%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1007−0.702%$266K$124.8M20xas long as short
GRVT DOGE_USDT_Perpshort+0.0100%8h0.1007−0.729%$638K$4.5M10x
ApeX Omni DOGEUSDT+0.0100%1h0.1008−0.651%$148K$269K25xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.1015long leg$270K$635K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1014−0.020%$74K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1014−0.032%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1015+0.045%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1014−0.030%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1014−0.065%$6.1M$52.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1014−0.030%$93.6M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1014−0.038%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1014−0.027%$534K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1015+0.005%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1014−0.023%$536$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1015+0.003%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1014−0.059%$15.5M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1014−0.039%$2.0M$25.2M50xas long as short
Phoenix DOGE+0.0240%1h0.1011−0.349%$66K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0272%1h0.1014−0.034%$319K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1015+0.012%$328K$404K10xas long as short
Hyperliquid DOGE+0.0802%1h0.1015+0.074%$123.7M$95.4M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1018+0.335%$5K$239K12xas long as short