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−0.0161%/8h= −17.6% APRpaid last 24h −0.031%
Price spread now: Bitget against SoDEX−0.091%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.091%, 7d avg −0.039%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.053% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX DOGE-USD0.098550.0100pay 0.0013% / 1h49m 16s$2K$4.0M10x
ShortBitget DOGEUSDT0.09846−0.0061pay 0.0061% / 8h4h 49m$148.8M$274.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SoDEX. 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
−$33.81
Price spread: −0.091% → −0.039%
−$5.28
Slippage, 4 orders
−$5.49
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$64.58
Costs to cover
0.255%
Break-even
never at this rate
Slippage from SoDEX: live order book, 5 min ago; Bitget: live order book, 5 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 SoDEX live order book, 5 min ago0.50 bp4.6 bp −$58.0 bp −$80138.5 bp −$13.9Kdoesn't fit
Sell Bitget live order book, 5 min ago0.50 bp8.3 bp −$810.0 bp −$10018.0 bp −$1,80147.9 bp −$23.9K

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 DOGEUSDTshort−0.0061%8h0.09846−0.091%$148.8M$274.9M75x
Kraken Futures PF_DOGEUSD−0.0032%1h0.09858+0.027%$5.7M$35.4M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09855+0.002%$431K$5.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09853−0.025%$589K$118K25xas long as short
dYdX DOGE-USD+0.0001%1h0.09865+0.099%$221K$49K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09851−0.042%$23K150xas long as short
Polymarket Perps DOGE-USD+0.0019%1h0.09852−0.030%$257K$829K10xas long as short
Lighter DOGE+0.0096%1h0.09860+0.048%$743K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09857+0.020%$2K$448K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09858+0.030%$523K$1.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09852−0.035%$4.5M$48.9M75xas long as short
Pacifica DOGE+0.0100%1h0.09868+0.133%$320K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.098550.000%$314.6M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09854−0.010%$158.7M$443.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09857+0.020%$109.8M$983.7M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09930+0.761%$381K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09849−0.061%$241.3M$132.9M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09854−0.010%$110.9M$233.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.098550.000%$65.1M$43.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09850−0.051%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09851−0.041%$309K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09868+0.130%$979K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09908+0.535%$295K$129.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09916+0.615%$624K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870+0.152%$143K$283K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09851−0.041%$69K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09850−0.055%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09857+0.025%$35K$2.2M30xas long as short
SoDEX DOGE-USDlong+0.0100%1h0.09855long leg$2K$4.0M10x
HTX DOGE-USDT+0.0100%8h0.09849−0.060%$5.9M$57.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09857+0.020%$90.6M$16.5M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09870+0.149%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09849−0.063%$495K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09851−0.045%$19K3xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09862+0.074%$526$4K10xas long as short
Reya DOGERUSDPERP+0.0188%1h0.09849−0.058%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.098550.000%$15.4M$24.9M75xas long as short
Phoenix DOGE+0.0242%1h0.09913+0.588%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09852−0.035%$308K200xas long as short
Hyperliquid DOGE+0.0287%1h0.09863+0.085%$120.0M$100.0M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09860+0.051%$2.3M$26.5M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09870+0.152%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09864+0.096%$398K$411K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09890+0.355%$5K$239K12xas long as short