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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0595%/8h= −65.1% APRnext payment $0.74 per $10,000 · paid last 24h −0.159%
Price spread now: SoDEX against RISEx+0.020%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.332%−$33 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.020%, 7d avg −0.046%
Together, before fees−0.422%−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.066% dearer against RISEx than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.046%): +$7 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DOGE/USDC0.099860.0695pay 0.0087% / 1h17m 49s$403K$413K10x
ShortSoDEX DOGE-USD0.099880.0100get 0.0013% / 1h17m 49s$2K$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$124.93
Price spread: +0.020% → −0.046%
$6.57
Slippage, 4 orders
−$8.3
Fee RISEx: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$140.66
Costs to cover
0.223%
Break-even
never at this rate
Slippage from RISEx: live order book, 40 min ago; SoDEX: live order book, 1 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, 40 min ago3.54 bp6.5 bp −$712.8 bp −$128doesn't fitdoesn't fit
Sell SoDEX live order book, 1 min ago0.50 bp4.6 bp −$58.1 bp −$81141.8 bp −$14.2Kdoesn'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−0.0038%8h0.1002+0.310%$151.4M$276.8M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09986+0.002%$5.7M$35.7M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09993+0.071%$395K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09983−0.030%$24K150xas long as short
dYdX DOGE-USD+0.0015%1h0.09972−0.145%$224K$49K10xas long as short
Lighter DOGE+0.0096%1h0.09998+0.121%$733K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.09980−0.060%$998$457K10xas long as short
Polymarket Perps DOGE-USD+0.0099%1h0.09974−0.118%$258K$863K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09973−0.130%$524K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1001+0.217%$4.7M$49.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09976−0.098%$323K$484K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1002+0.379%$324.6M$1.47B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1003+0.451%$164.1M$448.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1003+0.461%$113.7M$1.02B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.337%$385K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1001+0.270%$246.9M$135.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002+0.310%$111.9M$235.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001+0.280%$66.4M$43.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1001+0.270%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001+0.210%$321K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09987+0.007%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1000+0.141%$300K$130.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09995+0.090%$637K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09990+0.040%$146K$289K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.099860.000%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09985−0.007%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09983−0.028%$35K$2.2M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09988+0.020%$2K$4.0M10x
HTX DOGE-USDT+0.0100%8h0.09972−0.139%$5.9M$58.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09993+0.070%$91.9M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09979−0.073%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1002+0.329%$491K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09987+0.010%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0131%1h0.09989+0.027%$597K$119K25xas long as short
Reya DOGERUSDPERP+0.0190%1h0.09978−0.079%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09985−0.009%$532$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09997+0.110%$15.8M$25.4M75xas long as short
Phoenix DOGE+0.0242%1h0.1001+0.195%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0269%1h0.09983−0.027%$312K200xas long as short
Hyperliquid DOGE+0.0262%1h0.1002+0.320%$122.1M$101.5M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09988+0.020%$2.3M$27.3M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09993+0.070%$109K$199K10xas long as short
RISEx DOGE/USDClong+0.0695%1h0.09986long leg$403K$413K10x
Injective DOGE/USDC PERP+0.1004%1h0.1003+0.441%$5K$239K12xas long as short