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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h +0.027%
Price spread now: Coinbase International against SunX−0.023%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.023%, 7d avg −0.009%
Together, before fees−0.120%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DOGE-USDT0.10120.0100pay 0.0100% / 8h4h 02m$36K$2.2M30x
ShortCoinbase International DOGE-PERP-INTX0.10120.0296get 0.0037% / 1h2m 42s$2.1M$28.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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
$41.16
Price spread: −0.023% → −0.009%
−$1.36
Slippage, 4 orders
−$45.37
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$23.57
Costs to cover
0.634%
Break-even
11.0 days
Slippage from SunX: live order book, 4 min ago; Coinbase International: 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 SunX live order book, 4 min ago18.54 bp22.5 bp −$2328.3 bp −$283doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago1.49 bp8.7 bp −$914.7 bp −$14742.9 bp −$4,292doesn'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
Kraken Futures PF_DOGEUSD−0.0031%1h0.1010−0.176%$5.7M$35.8M50xas long as short
Bitget DOGEUSDT−0.0024%8h0.1012+0.027%$152.7M$278.6M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1010−0.166%$479K$5.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1011−0.145%$24K150xas long as short
dYdX DOGE-USD+0.0011%1h0.1013+0.098%$227K$48K10xas long as short
Lighter DOGE+0.0096%1h0.1014+0.153%$740K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1010−0.210%$2K$470K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1011−0.102%$531K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1011−0.094%$4.7M$50.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1013+0.061%$328K$484K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1013+0.122%$331.0M$1.49B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1014+0.155%$166.4M$452.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1013+0.116%$116.3M$1.04B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.715%$386K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1011−0.092%$249.5M$136.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1013+0.145%$113.4M$237.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1011−0.072%$67.6M$44.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1013+0.116%$76.9Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1011−0.141%$321K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.579%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1005−0.715%$305K$131.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1009−0.328%$638K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1005−0.695%$147K$292K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1011−0.141%$262K$877K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1011−0.141%$71K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1011−0.146%$25K$1K10xas long as short
SunX DOGE-USDTlong+0.0100%8h0.1012long leg$36K$2.2M30x
SoDEX DOGE-USD+0.0100%1h0.1010−0.161%$2K$4.1M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1010−0.198%$6.1M$59.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1011−0.151%$92.9M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1013+0.133%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1010−0.194%$496K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1011−0.141%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0166%1h0.1011−0.145%$604K$119K25xas long as short
Reya DOGERUSDPERP+0.0190%1h0.1011−0.114%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.1011−0.134%$539$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1011−0.122%$16.0M$25.7M75xas long as short
Phoenix DOGE+0.0242%1h0.1006−0.616%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0267%1h0.1011−0.149%$314K200xas long as short
Hyperliquid DOGE+0.0267%1h0.1012−0.003%$123.9M$102.4M10xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0296%1h0.1012−0.023%$2.1M$28.4M50x
Arcus DOGE-USD+0.0690%1h0.1014+0.244%$111K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.1011−0.101%$410K$415K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1015+0.293%$5K$239K12xas long as short