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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against SoDEX−0.538%53s7-day average −0.005% · 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−$290.293% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.009%+$1 on $10k
Price spread, last 3 days (all we have)+0.504%+$50 · spread now −0.538%, 7d avg −0.005%
Together, before fees+0.513%+$51 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.534% cheaper against SoDEX than usual: you would sell low and buy high, −$53 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX DOGE-USD0.098450.0100pay 0.0013% / 1h40m 24s$2K$3.7M10x
ShortKuCoin DOGEUSDTM0.097920.0100get 0.0100% / 8h6h 40m$64.3M$42.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.538% → −0.005%
−$53.36
Slippage, 4 orders
−$9.31
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$82.68
Costs to cover
0.293%
Break-even
never at this rate
Slippage from SoDEX: live order book, 4 min ago; KuCoin: 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 SoDEX live order book, 4 min ago0.50 bp4.5 bp −$58.1 bp −$81151.0 bp −$15.1Kdoesn't fit
Sell KuCoin live order book, 4 min ago1.51 bp9.1 bp −$914.0 bp −$14043.7 bp −$4,374doesn'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−0.0133%8h0.09798−0.477%$148.6M$273.5M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09855+0.107%$378K$5.0M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09842−0.035%$588K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09805−0.408%$22K150xas long as short
dYdX DOGE-USD+0.0030%1h0.09812−0.338%$220K$59K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09841−0.041%$5.8M$34.1M50xas long as short
Gate DOGE_USDT+0.0089%8h0.09800−0.457%$237.6M$130.7M75xas long as short
Lighter DOGE+0.0096%1h0.09830−0.156%$737K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09814−0.315%$2K$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09796−0.493%$477K$979K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09824−0.210%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09824−0.215%$325K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09807−0.386%$311.5M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09816−0.295%$155.4M$444.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09821−0.244%$107.8M$967.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09831−0.142%$126K$182K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+1.471%$383K$5K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09805−0.406%$107.5M$227.6M300xas long as short
KuCoin DOGEUSDTMshort+0.0100%8h0.09792−0.538%$64.3M$42.8M75x
BingX DOGE-USDT+0.0100%8h0.09808−0.376%$76.7Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09842−0.030%$345K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.098450.000%$971K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09944+1.003%$274K$126.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09944+1.006%$635K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09930+0.863%$145K$275K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09803−0.423%$253K$641K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09818−0.274%$69K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09844−0.014%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09847+0.022%$35K$2.2M30xas long as short
SoDEX DOGE-USDlong+0.0100%1h0.09845long leg$2K$3.7M10x
HTX DOGE-USDT+0.0100%8h0.09843−0.021%$5.9M$54.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09844−0.010%$90.8M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09829−0.166%$521K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09823−0.219%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0115%8h0.09824−0.215%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09805−0.402%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09820−0.252%$523$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09978+1.351%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09850+0.051%$1.9M$24.7M50xas long as short
Phoenix DOGE+0.0241%1h0.09873+0.282%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0267%1h0.09803−0.431%$305K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09823−0.229%$316K$406K10xas long as short
Hyperliquid DOGE+0.0674%1h0.09809−0.365%$119.1M$97.2M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09910+0.660%$5K$239K12xas long as short