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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.020%
Price spread now: Coinbase International against SoDEX+0.030%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.016%+$2 on $10k
Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.030%, 7d avg +0.025%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX DOGE-USD0.10000.0100pay 0.0013% / 1h57m 02s$2K$3.7M10x
ShortCoinbase International DOGE-PERP-INTX0.10000.0240get 0.0030% / 1h57m 02s$2.0M$24.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$29.4
Price spread: +0.030% → +0.025%
$0.48
Slippage, 4 orders
−$7.56
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$4.33
Costs to cover
0.256%
Break-even
6.0 days
Slippage from SoDEX: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago0.50 bp4.7 bp −$58.1 bp −$81150.5 bp −$15.1Kdoesn't fit
Sell Coinbase International live order book, 2 min ago1.00 bp8.3 bp −$815.8 bp −$15846.6 bp −$4,665doesn'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
Phemex DOGEUSDT−0.1894%8h0.09998−0.030%$92.3M$19.1M50xas long as short
Bitget DOGEUSDT−0.0206%8h0.09994−0.070%$152.7M$270.8M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.10000−0.011%$6.0M$33.7M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001+0.053%$408K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1000+0.016%$602K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1000+0.033%$24K150xas long as short
dYdX DOGE-USD+0.0087%1h0.09997−0.039%$224K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1001+0.058%$858K$5.6M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1000+0.030%$1K$398K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1000+0.035%$513K$977K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09997−0.042%$4.9M$46.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1000−0.002%$333K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1000−0.007%$318.2M$1.39B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09999−0.020%$157.7M$436.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1000+0.010%$110.3M$961.8M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1001+0.110%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09980−0.210%$382K$12K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09993−0.080%$241.6M$126.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09999−0.020%$110.8M$222.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1000+0.010%$65.9M$42.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09999−0.020%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1000+0.010%$381K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09975−0.258%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09982−0.187%$258K$121.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09979−0.220%$628K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.210%$146K$253K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09996−0.054%$265K$567K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09999−0.020%$73K$446K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09999−0.017%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1000+0.029%$35K$2.2M30xas long as short
SoDEX DOGE-USDlong+0.0100%1h0.1000long leg$2K$3.7M10x
HTX DOGE-USDT+0.0100%8h0.1000+0.017%$6.0M$52.2M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1000−0.009%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09998−0.029%$616K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1000−0.004%$19K3xas long as short
01 Exchange DOGEUSD+0.0160%1h0.1001+0.040%$528$4K10xas long as short
Reya DOGERUSDPERP+0.0180%1h0.09998−0.030%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1000−0.010%$15.3M$25.4M75xas long as short
Phoenix DOGE+0.0239%1h0.09979−0.215%$66K$281K10xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0240%1h0.1000+0.030%$2.0M$24.5M50x
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.1000+0.028%$308K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1001+0.050%$316K$478K10xas long as short
Hyperliquid DOGE+0.0800%1h0.1001+0.110%$118.1M$91.2M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1002+0.190%$5K$239K12xas long as short