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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX+0.125%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$620.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.125%, 7d avg +0.010%
Together, before fees−0.136%+ Points / potential airdropLighter: Season 3 · farm board−$14 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: Lighter is 0.115% dearer against SunX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DOGE-USDT0.098780.0100pay 0.0100% / 8h2h 22m$35K$2.3M30x
ShortLighter DOGE0.098900.0096get 0.0012% / 1h22m 22s$842K$6.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.125% → +0.010%
$11.47
Slippage, 4 orders
−$54.42
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$51.79
Costs to cover
0.624%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Lighter: live order book, 6 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 ago18.08 bp22.1 bp −$2228.5 bp −$285doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago5.72 bp9.5 bp −$917.8 bp −$17832.3 bp −$3,227doesn'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
Kalshi KXDOGEPERP0.0000%8h0.09884+0.065%$594K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09899+0.215%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09873−0.050%$5.6M$39.8M50xas long as short
Polymarket Perps DOGE-USD+0.0033%1h0.09887+0.093%$267K$1.2M10xas long as short
dYdX DOGE-USD+0.0038%1h0.09877−0.006%$222K$70K10xas long as short
Lighter DOGEshort+0.0096%1h0.09890+0.125%$842K$6.8M15x
Nado DOGE-PERP+0.0100%1h0.09886+0.081%$534K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09900+0.224%$4.4M$57.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09884+0.057%$316K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09900+0.224%$323.1M$1.68B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09902+0.243%$162.9M$516.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09913+0.354%$114.7M$1.17B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09881+0.027%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09898+0.202%$245.3M$152.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09894+0.162%$109.5M$254.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09900+0.223%$65.5M$49.5M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09890+0.121%$132.8M$333.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09893+0.152%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09880+0.020%$294K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09866−0.123%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09861−0.172%$302K$138.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09908+0.305%$629K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.182%$146K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09911+0.334%$63K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09871−0.066%$18K$7K10xas long as short
SunX DOGE-USDTlong+0.0100%8h0.09878long leg$35K$2.3M30x
SoDEX DOGE-USD+0.0100%1h0.09874−0.040%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09874−0.044%$5.8M$68.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09877−0.010%$90.8M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09880+0.023%$18K$5K30xas long as short
Hyperliquid DOGE+0.0104%1h0.09901+0.234%$122.8M$115.4M10xas long as short
Extended DOGE-USD+0.0104%1h0.09886+0.084%$480K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09874−0.046%$19K3xas long as short
Katana Perps DOGE-USD+0.0112%8h0.09887+0.091%$826$525K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0165%1h0.09876−0.017%$561K$247K25xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09896+0.179%$440$4K10xas long as short
Reya DOGERUSDPERP+0.0195%1h0.09892+0.145%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.098780.000%$16.0M$26.7M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09895+0.172%$27K$299K10xas long as short
Phoenix DOGE+0.0240%1h0.09861−0.171%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0285%1h0.09897+0.197%$316K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09876−0.020%$1.9M$33.9M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09895+0.175%$399K$444K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+6.601%$6K$242K12xas long as short