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 −0.163%
Price spread now: GRVT against RISEx−0.312%55s7-day average −0.060% · 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−$250.254% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.324%−$32 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.312%, 7d avg −0.060%
Together, before fees−0.246%+ Points / potential airdropGRVT: Active · farm board−$25 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 GRVT is 0.252% cheaper against RISEx than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.060%). 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/USDC0.099860.0536pay 0.0067% / 1h20m 14s$313K$473K10x
ShortGRVT DOGE_USDT_Perp0.099550.0100get 0.0100% / 8h2h 20m$625K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.312% → −0.060%
−$25.2
Slippage, 4 orders
−$10.42
Fee RISEx: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$142.28
Costs to cover
0.254%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; GRVT: 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, 3 min ago2.01 bp5.0 bp −$59.1 bp −$91doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago0.50 bp6.9 bp −$718.6 bp −$18658.7 bp −$5,868doesn'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−0.0279%8h0.09970−0.160%$153.1M$260.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09978−0.075%$370K$4.4M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09982−0.036%$624K$103K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09972−0.136%$32K150xas long as short
Gate DOGE_USDT+0.0068%8h0.09971−0.150%$237.7M$120.1M75xas long as short
Phoenix DOGE+0.0080%1h0.09960−0.260%$15K$225K10xas long as short
dYdX DOGE-USD+0.0088%1h0.09981−0.046%$224K$44K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09979−0.070%$1K$341K10xas long as short
Lighter DOGE+0.0096%1h0.09983−0.025%$789K$5.1M15xas long as short
Aster DOGEUSDT+0.0100%8h0.09978−0.080%$4.8M$40.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09984−0.020%$338K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09986+0.005%$316.4M$1.27B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09984−0.020%$158.4M$398.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09990+0.040%$109.2M$897.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09985−0.010%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09975−0.110%$382K$15K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09974−0.120%$113.0M$218.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09974−0.120%$65.4M$39.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09975−0.110%$73.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09967−0.191%$937K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09956−0.301%$264K$112.3M20xas long as short
GRVT DOGE_USDT_Perpshort+0.0100%8h0.09955−0.312%$625K$4.6M10x
ApeX Omni DOGEUSDT+0.0100%1h0.09950−0.361%$142K$224K25xas long as short
Nado DOGE-PERP+0.0100%1h0.09979−0.070%$632K$697K10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09972−0.137%$273K$529K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09979−0.070%$57K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09980−0.059%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09978−0.083%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09981−0.050%$2K$3.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09984−0.020%$6.0M$47.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09981−0.050%$92.6M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09981−0.054%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09978−0.076%$550K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09979−0.070%$19K3xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09973−0.132%$2K20xas long as short
01 Exchange DOGEUSD+0.0176%1h0.09982−0.039%$527$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09977−0.090%$15.0M$24.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09980−0.060%$2.0M$22.6M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0247%1h0.09973−0.133%$319K200xas long as short
Backpack DOGE_USDC_PERP+0.0252%1h0.09985−0.010%$527K$931K15xas long as short
Kraken Futures PF_DOGEUSD+0.0287%1h0.09980−0.059%$6.0M$31.8M50xas long as short
Hyperliquid DOGE+0.0418%1h0.09983−0.030%$110.2M$79.0M10xas long as short
RISEx DOGE/USDClong+0.0536%1h0.09986long leg$313K$473K10x
Injective DOGE/USDC PERP+0.1013%1h0.1000+0.140%$5K$180K12xas long as short