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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.029%
Price spread now: GMX against Reya+0.032%7-day average · you sell dearer than you buy
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 4 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
The price spread pays, funding is against you. GMX is 0.032% dearer against Reya than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOGERUSDPERP0.097970.0211pay 0.0026% / 1h9m 39s$2K20x
ShortGMX DOGE/USD [ETH-USDC]0.09800L +0.0206% / S −0.0201%get 0.0025% / 1h9m 39s$277K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$2.05
Price spread: +0.032% → 0.000%
$3.23
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$16.81
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
Reya and GMX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0080%1h0.09803+0.058%$5.3M$38.5M50xas long as short
Bitget DOGEUSDT−0.0056%8h0.09816+0.192%$138.7M$288.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09802+0.048%$500K$6.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09801+0.035%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.479%$6K$240K12xas long as short
Bybit DOGEUSDT+0.0035%8h0.09814+0.171%$165.1M$490.7M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0046%1h0.09803+0.062%$546K$292K25xas long as short
dYdX DOGE-USD+0.0049%1h0.09815+0.183%$230K$75K10xas long as short
Lighter DOGE+0.0096%1h0.09825+0.281%$798K$6.3M15xas long as short
Gate DOGE_USDT+0.0097%8h0.09814+0.171%$252.7M$145.4M75xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps DOGE-USD+0.0100%8h0.09800+0.028%$938$528K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09815+0.182%$18K$5K30xas long as short
Nado DOGE-PERP+0.0100%1h0.09803+0.064%$510K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09829+0.328%$121.8M$105.2M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09816+0.192%$5.0M$57.3M75xas long as short
Pacifica DOGE+0.0100%1h0.09820+0.232%$314K$459K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09818+0.217%$324.0M$1.59B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09819+0.222%$116.6M$1.09B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09806+0.089%$16K$308K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09818+0.212%$122.1M$255.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09817+0.202%$64.4M$44.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09817+0.202%$45.9Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09803+0.059%$308K$1.0M15xas long as short
Variational Omni DOGE+0.0100%8h0.09797−0.004%$1.2M$7.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09815+0.182%$256K$123.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09815+0.185%$628K$3.9M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09820+0.232%$138K$346K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09798+0.008%$194K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09799+0.018%$67K$403K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09798+0.013%$18K$6K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09805+0.081%$34K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09801+0.038%$2K$5.2M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09805+0.077%$6.0M$64.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09803+0.059%$89.0M$15.7M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09815+0.181%$375K$3K10xas long as short
Extended DOGE-USD+0.0104%1h0.09812+0.151%$499K$3.2M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09800+0.027%$19K3xas long as short
Phoenix DOGE+0.0163%1h0.09818+0.215%$18K$306K10xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09806+0.085%$451$4K10xas long as short
GMX DOGE/USD [ETH-USDC]shortL +0.0206% / S −0.0201%1h0.09800+0.032%$277K200x
Reya DOGERUSDPERPlong+0.0211%1h0.09797long leg$2K20x
BloFin DOGE-USDT+0.0220%8h0.09808+0.110%$15.3M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09811+0.141%$2.3M$32.7M50xas long as short
RISEx DOGE/USDC+0.0631%1h0.09807+0.105%$405K$382K10xas long as short