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−0.0436%/8h= −47.8% APRpaid last 24h −0.143%
Price spread now: edgeX against RISEx−0.470%55s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.304%−$30 on $10k
Price spread, last 4 days (all we have)+0.275%+$28 · spread now −0.470%, 7d avg −0.068%
Together, before fees−0.028%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and edgeX is 0.402% cheaper against RISEx than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.068%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DOGE/USDC0.099730.0536pay 0.0067% / 1h9m 49s$313K$472K10x
ShortedgeX DOGEUSDC0.099260.0100get 0.0050% / 4h2h 09m$264K$112.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against RISEx. 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
−$91.65
Price spread: −0.470% → −0.068%
−$40.22
Slippage, 4 orders
−$8.04
Fee RISEx: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$154.91
Costs to cover
0.230%
Break-even
never at this rate
Slippage from RISEx: live order book, 14 min ago; edgeX: live order book, 4 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 RISEx live order book, 14 min ago2.01 bp5.0 bp −$59.1 bp −$91doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago2.01 bp6.5 bp −$76.9 bp −$6913.9 bp −$1,388doesn'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−0.0280%8h0.09921−0.519%$152.2M$261.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09959−0.136%$369K$4.4M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09965−0.079%$623K$106K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09965−0.079%$32K150xas long as short
Gate DOGE_USDT+0.0079%8h0.09928−0.449%$236.7M$120.9M75xas long as short
Phoenix DOGE+0.0080%1h0.09936−0.370%$15K$225K10xas long as short
dYdX DOGE-USD+0.0081%1h0.09949−0.238%$223K$44K10xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09968−0.048%$844$344K10xas long as short
Lighter DOGE+0.0096%1h0.09961−0.118%$783K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09972−0.008%$632K$698K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09952−0.208%$4.9M$40.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09955−0.178%$336K$495K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09932−0.409%$314.6M$1.27B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09926−0.469%$158.7M$399.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09930−0.429%$109.0M$893.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09972−0.008%$28K$76K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09931−0.419%$111.3M$220.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09930−0.429%$65.1M$39.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09935−0.379%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09944−0.286%$932K$7.8Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.09926−0.470%$264K$112.9M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09909−0.641%$632K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920−0.529%$143K$226K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09970−0.031%$272K$529K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09964−0.088%$57K$396K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09913−0.600%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09959−0.140%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09960−0.128%$2K$3.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09958−0.150%$6.0M$47.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09957−0.158%$92.3M$19.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09947−0.258%$381K$14K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09953−0.194%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09928−0.445%$550K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09962−0.111%$19K3xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09974+0.016%$527$4K10xas long as short
Reya DOGERUSDPERP+0.0175%1h0.09972−0.008%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09949−0.238%$15.2M$23.9M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09971−0.018%$2.0M$22.6M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0247%1h0.09964−0.086%$318K200xas long as short
Backpack DOGE_USDC_PERP+0.0267%1h0.09958−0.148%$526K$931K15xas long as short
Kraken Futures PF_DOGEUSD+0.0287%1h0.09959−0.136%$6.0M$31.8M50xas long as short
Hyperliquid DOGE+0.0416%1h0.09940−0.326%$109.4M$79.7M10xas long as short
RISEx DOGE/USDClong+0.0536%1h0.09973long leg$313K$472K10x
Injective DOGE/USDC PERP+0.1013%1h0.09930−0.429%$5K$180K12xas long as short