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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Polymarket Perps−0.057%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now −0.057%, 7d avg +0.008%
Together, before fees+0.180%+$18 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: KuCoin is 0.065% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.10510.0100pay 0.0013% / 1h51m 16s$269K$888K10x
ShortKuCoin DOGEUSDTM0.10500.0100get 0.0100% / 8h3h 51m$69.6M$46.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.057% → +0.008%
−$6.51
Slippage, 4 orders
−$22.77
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$49.28
Costs to cover
0.428%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; KuCoin: live order book, 3 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, 2 min ago3.79 bp10.5 bp −$1011.2 bp −$112doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago2.85 bp12.3 bp −$1218.4 bp −$18447.8 bp −$4,777doesn'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−0.0005%8h0.1050−0.038%$142.6M$306.7M75xas long as short
dYdX DOGE-USD0.0000%1h0.1051+0.025%$236K$59K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1052+0.133%$25K150xas long as short
Lighter DOGE+0.0096%1h0.1051−0.008%$760K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1051+0.052%$569K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1052+0.135%$4.9M$52.7M75xas long as short
Pacifica DOGE+0.0100%1h0.1052+0.133%$347K$491K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1051−0.018%$347.0M$1.56B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.10510.000%$174.6M$483.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.10510.000%$118.9M$1.14B50xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk DOGE-USD+0.0100%1h0.1047−0.396%$402K$11K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1052+0.105%$258.6M$140.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1051+0.019%$118.2M$239.1M300xas long as short
KuCoin DOGEUSDTMshort+0.0100%8h0.1050−0.057%$69.6M$46.9M75x
BingX DOGE-USDC+0.0100%8h0.1051+0.038%$3.5Mas long as short
Variational Omni DOGE+0.0100%8h0.1049−0.127%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1052+0.140%$319K$133.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1055+0.400%$668K$4.5M10xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.1051long leg$269K$888K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.10510.000%$74K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1051+0.045%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1052+0.069%$37K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1051−0.019%$2K$4.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1050−0.042%$6.2M$62.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1051−0.019%$96.6M$17.1M50xas long as short
Extended DOGE-USD+0.0104%1h0.1051+0.010%$509K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1051+0.033%$20K3xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.1052+0.104%$19K$7K30xas long as short
Katana Perps DOGE-USD+0.0126%8h0.1051+0.019%$1K$482K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0150%1h0.1052+0.077%$593K$242K25xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1052+0.092%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1051+0.048%$16.3M$27.5M75xas long as short
Phoenix DOGE+0.0235%1h0.1050−0.053%$68K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0240%1h0.1050−0.094%$5.7M$37.5M50xas long as short
Kalshi KXDOGEPERP+0.0242%8h0.1053+0.211%$760K$6.1M2.8xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1052+0.083%$468$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0261% / S −0.0320%1h0.1051+0.043%$347K200xas long as short
Backpack DOGE_USDC_PERP+0.0262%1h0.1055+0.428%$354K$1.2M15xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1052+0.143%$2.1M$31.8M50xas long as short
Arcus DOGE-USD+0.0634%1h0.1051+0.019%$114K$200K10xas long as short
Hyperliquid DOGE+0.0643%1h0.1053+0.200%$130.2M$106.8M10xas long as short
ApeX Omni DOGEUSDT+0.0688%1h0.1053+0.209%$165K$306K25xas long as short
RISEx DOGE/USDC+0.0728%1h0.1051+0.048%$424K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.209%$6K$242K12xas long as short