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−0.0075%/8h= −8.2% APRnext payment $0.09 per $10,000 · paid last 24h −0.014%
Price spread now: SoDEX against Reya+0.126%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 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
The price spread pays, funding is against you. SoDEX is 0.126% dearer against Reya than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOGERUSDPERP0.099120.0175pay 0.0022% / 1h4m 05s$2K20x
ShortSoDEX DOGE-USD0.099250.0100get 0.0013% / 1h4m 05s$2K$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$15.71
Price spread: +0.126% → 0.000%
$12.65
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$17.06
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; SoDEX: live order book, 5 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 SoDEX live order book, 5 min ago0.50 bp4.7 bp −$58.1 bp −$81155.1 bp −$15.5Kdoesn't fit
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−0.0278%8h0.09927+0.147%$152.2M$261.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09921+0.091%$368K$4.4M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09926+0.141%$620K$106K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09920+0.080%$32K150xas long as short
Phoenix DOGE+0.0080%1h0.09951+0.386%$15K$225K10xas long as short
Gate DOGE_USDT+0.0080%8h0.09929+0.167%$236.4M$121.2M75xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09913+0.005%$839$345K10xas long as short
Lighter DOGE+0.0096%1h0.09927+0.146%$752K$5.2M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09909−0.040%$617K$703K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09929+0.168%$4.9M$40.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09917+0.046%$334K$496K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09935+0.227%$314.6M$1.27B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09931+0.187%$158.8M$399.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09936+0.237%$108.8M$895.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09921+0.086%$28K$76K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09931+0.187%$110.1M$221.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09929+0.167%$65.0M$39.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09934+0.217%$73.5Mas long as short
Variational Omni DOGE+0.0100%8h0.09902−0.105%$931K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09933+0.209%$267K$112.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09924+0.120%$629K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920+0.076%$144K$228K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09909−0.040%$271K$529K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09922+0.096%$57K$396K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09922+0.096%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09918+0.054%$35K$2.2M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09925+0.126%$2K$3.4M10x
HTX DOGE-USDT+0.0100%8h0.09931+0.187%$5.9M$47.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09931+0.187%$92.1M$19.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09947+0.349%$381K$14K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09915+0.026%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09921+0.085%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09924+0.115%$19K3xas long as short
dYdX DOGE-USD+0.0109%1h0.09913+0.003%$223K$44K10xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09916+0.038%$524$4K10xas long as short
Reya DOGERUSDPERPlong+0.0175%1h0.09912long leg$2K20x
BloFin DOGE-USDT+0.0220%8h0.09910−0.025%$15.1M$23.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09925+0.126%$2.0M$22.5M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0247%1h0.09920+0.073%$317K200xas long as short
Backpack DOGE_USDC_PERP+0.0252%1h0.09939+0.268%$525K$931K15xas long as short
Kraken Futures PF_DOGEUSD+0.0288%1h0.09925+0.126%$6.0M$31.9M50xas long as short
Hyperliquid DOGE+0.0411%1h0.09943+0.313%$109.4M$79.9M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09921+0.085%$311K$474K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09960+0.480%$5K$180K12xas long as short