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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0110%/8h= −12.1% APRnext payment $0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against SoDEX−4.159%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$444as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+4.101%+$410 · spread now −4.159%, 7d avg +0.023%
Together, before fees+4.108%+$411 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bulk is 4.182% cheaper against SoDEX than usual: you would sell low and buy high (−$418 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX DOGE-USD0.10480.0210pay 0.0026% / 1h55m 08s$2K$4.7M10x
ShortBulk DOGE-USD0.10050.0100get 0.0013% / 1h55m 08s$386K$85910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
−$23.2
Price spread: −4.159% → +0.023%
−$418.22
Slippage, 4 orders
−$11.27
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$467.68
Costs to cover
0.263%
Break-even
never at this rate
Slippage from SoDEX: live order book, 4 min ago; Bulk: live order book, 64 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, 4 min ago0.49 bp4.7 bp −$58.5 bp −$85140.7 bp −$14.1Kdoesn't fit
Sell Bulk live order book, 64 min ago5.04 bp8.5 bp −$910.5 bp −$10517.8 bp −$1,78224.8 bp −$12.4K

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−0.0015%8h0.1049+0.067%$143.0M$304.3M75xas long as short
dYdX DOGE-USD0.0000%1h0.1049+0.045%$235K$59K10xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1048−0.057%$616K$167K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1050+0.165%$25K150xas long as short
Lighter DOGE+0.0096%1h0.1049+0.088%$769K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1048−0.072%$567K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1050+0.143%$4.9M$52.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1051+0.276%$346K$491K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1050+0.114%$346.6M$1.54B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1050+0.181%$173.5M$474.1M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1049+0.076%$118.4M$1.12B50xas long as short
Bulk DOGE-USDshort+0.0100%1h0.1005−4.159%$386K$85910x
Gate DOGE_USDT+0.0100%8h0.10480.000%$257.6M$138.9M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1050+0.143%$117.8M$238.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1048−0.019%$69.5M$44.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1049+0.038%$3.5Mas long as short
Variational Omni DOGE+0.0100%8h0.1049+0.102%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1027−2.054%$312K$133.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1028−1.906%$651K$4.5M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1047−0.114%$268K$883K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1049+0.038%$74K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1049+0.055%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1049+0.022%$37K$2.2M30xas long as short
HTX DOGE-USDT+0.0100%8h0.1047−0.103%$6.3M$61.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1049+0.086%$96.5M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.1046−0.183%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1048−0.070%$512K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1045−0.330%$20K3xas long as short
Katana Perps DOGE-USD+0.0128%8h0.1050+0.134%$882$477K10xas long as short
ApeX Omni DOGEUSDT+0.0174%1h0.1027−2.041%$149K$293K25xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1048−0.051%$2K20xas long as short
SoDEX DOGE-USDlong+0.0210%1h0.1048long leg$2K$4.7M10x
BloFin DOGE-USDT+0.0220%8h0.1047−0.153%$16.4M$27.4M75xas long as short
Kraken Futures PF_DOGEUSD+0.0240%1h0.1048−0.020%$6.0M$36.5M50xas long as short
Phoenix DOGE+0.0242%1h0.1022−2.497%$66K$292K10xas long as short
01 Exchange DOGEUSD+0.0248%1h0.1049+0.040%$466$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0317%1h0.1049+0.048%$343K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1049+0.067%$2.1M$31.0M50xas long as short
Kalshi KXDOGEPERP+0.0307%8h0.1050+0.121%$729K$6.0M2.8xas long as short
Backpack DOGE_USDC_PERP+0.0404%1h0.1050+0.105%$346K$1.2M15xas long as short
Arcus DOGE-USD+0.0634%1h0.1049+0.048%$114K$199K10xas long as short
Hyperliquid DOGE+0.0649%1h0.1051+0.210%$129.1M$105.4M10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1049+0.095%$424K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.439%$6K$242K12xas long as short