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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0627%/8h= +68.6% APRnext payment +$0.78 per $10,000 · paid last 24h +0.159%
Price spread now: RISEx against Polymarket Perps+0.128%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$210.212% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.351%+$35 on $10k
Price spread, last 4 days (all we have)−0.255%−$25 · spread now +0.128%, 7d avg +0.057%
Together, before fees+0.096%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and RISEx is 0.071% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.099020.0068pay 0.0009% / 1h42m 42s$258K$831K10x
ShortRISEx DOGE/USDC0.099140.0695get 0.0087% / 1h42m 42s$400K$412K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$131.63
Price spread: +0.128% → +0.057%
$7.09
Slippage, 4 orders
−$7.19
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$117.53
Costs to cover
0.212%
Break-even
0.7 days
Slippage from Polymarket Perps: live order book, 15 min ago; RISEx: live order book, 16 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, 15 min ago0.05 bp4.1 bp −$49.3 bp −$93doesn't fitdoesn't fit
Sell RISEx live order book, 16 min ago3.54 bp6.5 bp −$712.6 bp −$126doesn'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−0.0057%8h0.09906+0.042%$149.7M$275.1M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09898−0.039%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09900−0.018%$393K$5.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09899−0.027%$592K$118K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09901−0.004%$23K150xas long as short
dYdX DOGE-USD+0.0036%1h0.09917+0.156%$223K$49K10xas long as short
Polymarket Perps DOGE-USDlong+0.0068%1h0.09902long leg$258K$831K10x
Lighter DOGE+0.0096%1h0.09917+0.148%$728K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09908+0.063%$895$449K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09909+0.078%$525K$1.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09906+0.037%$4.6M$49.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09918+0.164%$322K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09921+0.190%$316.8M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09918+0.164%$161.0M$443.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09911+0.093%$110.6M$990.8M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.170%$380K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09901−0.008%$242.8M$133.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09902+0.002%$111.2M$234.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09900−0.018%$65.4M$43.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09904+0.022%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09896−0.059%$310K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09876−0.264%$1.0M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09865−0.372%$293K$129.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09876−0.261%$622K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880−0.220%$144K$284K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09899−0.028%$69K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09894−0.074%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09903+0.016%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09899−0.028%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09903+0.008%$5.9M$57.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09897−0.048%$91.0M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09913+0.118%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09896−0.059%$495K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09898−0.041%$19K3xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09910+0.087%$528$4K10xas long as short
Reya DOGERUSDPERP+0.0189%1h0.09902+0.004%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09901−0.008%$15.5M$25.0M75xas long as short
Phoenix DOGE+0.0242%1h0.09885−0.168%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09901−0.006%$310K200xas long as short
Hyperliquid DOGE+0.0274%1h0.09920+0.188%$120.7M$100.3M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09907+0.053%$2.3M$26.7M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09922+0.204%$117K$189K10xas long as short
RISEx DOGE/USDCshort+0.0695%1h0.09914+0.128%$400K$412K10x
Injective DOGE/USDC PERP+0.1004%1h0.09940+0.386%$5K$239K12xas long as short