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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0093%/8h= −10.2% APRnext payment $0.12 per $10,000 · paid last 24h −0.019%
Price spread now: dYdX against Reya−0.230%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.230% cheaper against Reya than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOGERUSDPERP0.099720.0175pay 0.0022% / 1h9m 48s$2K20x
ShortdYdX DOGE-USD0.099490.0081get 0.0010% / 1h9m 48s$223K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Reya. 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
−$19.58
Price spread: −0.230% → 0.000%
−$23.02
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$58.6
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; dYdX: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell dYdX live order book, 14 min ago16.05 bp54.7 bp −$55135.5 bp −$1,355174.1 bp −$17.4K211.4 bp −$105.7K
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0280%8h0.09921−0.511%$152.2M$261.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09959−0.128%$369K$4.4M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09965−0.071%$623K$106K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09965−0.071%$32K150xas long as short
Gate DOGE_USDT+0.0079%8h0.09928−0.441%$236.7M$120.9M75xas long as short
Phoenix DOGE+0.0080%1h0.09936−0.362%$15K$225K10xas long as short
dYdX DOGE-USDshort+0.0081%1h0.09949−0.230%$223K$44K10x
Katana Perps DOGE-USD+0.0096%8h0.09968−0.040%$844$344K10xas long as short
Lighter DOGE+0.0096%1h0.09961−0.110%$783K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.099720.000%$632K$698K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09952−0.199%$4.9M$40.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09955−0.170%$336K$495K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09932−0.401%$314.6M$1.27B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09926−0.461%$158.7M$399.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09930−0.421%$109.0M$893.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.099720.000%$28K$76K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09931−0.411%$111.3M$220.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09930−0.421%$65.1M$39.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09935−0.371%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09944−0.278%$932K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09926−0.462%$264K$112.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09909−0.633%$632K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920−0.521%$143K$226K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09970−0.023%$272K$529K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09964−0.080%$57K$396K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09913−0.592%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09959−0.132%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09960−0.120%$2K$3.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09958−0.142%$6.0M$47.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09957−0.150%$92.3M$19.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09947−0.250%$381K$14K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09953−0.186%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09928−0.437%$550K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09962−0.103%$19K3xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09974+0.024%$527$4K10xas long as short
Reya DOGERUSDPERPlong+0.0175%1h0.09972long leg$2K20x
BloFin DOGE-USDT+0.0220%8h0.09949−0.230%$15.2M$23.9M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09971−0.010%$2.0M$22.6M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0247%1h0.09964−0.078%$318K200xas long as short
Backpack DOGE_USDC_PERP+0.0267%1h0.09958−0.140%$526K$931K15xas long as short
Kraken Futures PF_DOGEUSD+0.0287%1h0.09959−0.128%$6.0M$31.8M50xas long as short
Hyperliquid DOGE+0.0416%1h0.09940−0.317%$109.4M$79.7M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09973+0.008%$313K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09930−0.421%$5K$180K12xas long as short