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: Polymarket Perps against SunX−0.029%50s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.602% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.377%−$38 on $10k
Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.029%, 7d avg −0.052%
Together, before fees−0.401%−$40 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: Polymarket Perps is 0.023% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DOGE-USDT0.10030.0100pay 0.0100% / 8h6h 05m$36K$2.2M30x
ShortPolymarket Perps DOGE-USD0.10030.0100get 0.0013% / 1h5m 28s$258K$644K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
Price spread: −0.029% → −0.052%
$2.33
Slippage, 4 orders
−$44.16
Fee SunX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$57.83
Costs to cover
0.602%
Break-even
never at this rate
Slippage from SunX: live order book, 1 min ago; Polymarket Perps: live order book, 62 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, 1 min ago16.82 bp20.8 bp −$2127.2 bp −$272doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 62 min ago2.98 bp7.0 bp −$78.7 bp −$87doesn't fitdoesn't fit

DOGE on 43 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−0.0096%8h0.1003−0.079%$151.9M$273.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1002−0.126%$391K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1002−0.171%$23K150xas long as short
dYdX DOGE-USD+0.0010%1h0.1002−0.163%$225K$49K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0030%1h0.1002−0.135%$599K$118K25xas long as short
Kraken Futures PF_DOGEUSD+0.0066%1h0.1002−0.156%$5.8M$34.5M50xas long as short
Lighter DOGE+0.0096%1h0.1003−0.028%$827K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.1001−0.228%$836$427K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1003−0.079%$536K$987K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1002−0.149%$4.7M$48.2M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1002−0.122%$329K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1002−0.134%$318.5M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1003+0.001%$159.6M$437.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1003+0.021%$111.2M$987.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1003−0.039%$129K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002−0.171%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1001−0.188%$243.2M$133.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002−0.158%$114.0M$232.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1002−0.158%$66.3M$43.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002−0.168%$76.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001−0.208%$345K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1002−0.171%$999K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09999−0.337%$294K$129.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09943−0.899%$631K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.328%$146K$272K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.1003−0.029%$258K$644K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1002−0.109%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1002−0.127%$25K$1K10xas long as short
SunX DOGE-USDTlong+0.0100%8h0.1003long leg$36K$2.2M30x
SoDEX DOGE-USD+0.0100%1h0.1002−0.149%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1002−0.086%$5.9M$55.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1002−0.158%$92.3M$16.8M50xas long as short
Extended DOGE-USD+0.0104%1h0.1001−0.192%$561K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1002−0.141%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0107%8h0.1002−0.123%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0185%1h0.1003−0.002%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.1002−0.122%$534$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1003−0.079%$2.1M$25.5M50xas long as short
Phoenix DOGE+0.0241%1h0.09990−0.427%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.1001−0.179%$312K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.1002−0.102%$404K$367K10xas long as short
Hyperliquid DOGE+0.0693%1h0.1004+0.101%$122.7M$98.7M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1000−0.328%$5K$239K12xas long as short