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: SunX against Polymarket Perps−0.368%50s7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.374%+$37 on $10k
Price spread, last 4 days (all we have)+0.417%+$42 · spread now −0.368%, 7d avg +0.055%
Together, before fees+0.791%+$79 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: SunX is 0.423% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$42 on $10k if it goes back to its 7-day average of +0.055%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.10270.0100pay 0.0013% / 1h57m 33s$265K$881K10x
ShortSunX DOGE-USDT0.10240.0100get 0.0100% / 8h3h 57m$36K$2.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.368% → +0.055%
−$42.29
Slippage, 4 orders
−$38.3
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$96.59
Costs to cover
0.543%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 60 min ago; SunX: live order book, 9 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, 60 min ago0.05 bp4.1 bp −$49.3 bp −$93doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago18.54 bp23.7 bp −$2430.9 bp −$309doesn'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−0.0019%8h0.1027−0.010%$154.5M$281.4M75xas long as short
dYdX DOGE-USD0.0000%1h0.1027−0.086%$230K$48K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1021−0.626%$517K$5.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1020−0.726%$24K150xas long as short
Lighter DOGE+0.0096%1h0.1027−0.062%$758K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1027−0.010%$1K$475K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1028+0.068%$544K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1027−0.089%$4.8M$51.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1027−0.057%$338K$491K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1028+0.088%$339.6M$1.51B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.1028+0.039%$170.9M$459.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1028+0.029%$118.0M$1.07B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−2.210%$386K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1028+0.019%$254.6M$135.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1028+0.019%$115.1M$236.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1026−0.136%$68.3M$44.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1027−0.019%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1026−0.136%$323K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1019−0.859%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1020−0.690%$313K$132.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1019−0.792%$646K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1021−0.633%$149K$293K25xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.1027long leg$265K$881K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1024−0.302%$72K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1024−0.325%$25K$1K10xas long as short
SunX DOGE-USDTshort+0.0100%8h0.1024−0.368%$36K$2.2M30x
SoDEX DOGE-USD+0.0100%1h0.1025−0.204%$2K$4.2M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1026−0.169%$6.2M$60.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1024−0.331%$94.2M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1028+0.038%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1027−0.003%$501K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1025−0.272%$20K3xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1028+0.017%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.1028+0.074%$548$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1021−0.613%$16.1M$26.1M75xas long as short
Phoenix DOGE+0.0242%1h0.1022−0.514%$66K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0246%1h0.1025−0.279%$5.8M$36.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0255% / S −0.0292%1h0.1020−0.719%$336K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0297%1h0.1025−0.290%$613K$119K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1026−0.127%$2.1M$29.2M50xas long as short
Hyperliquid DOGE+0.0453%1h0.1029+0.136%$126.0M$103.4M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1029+0.175%$112K$199K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1029+0.119%$417K$421K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1025−0.243%$5K$239K12xas long as short