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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.033%
Price spread now: Deribit against Variational Omni+0.156%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.091%−$9 on $10k
Price spread, last 3 days (all we have)−0.131%−$13 · spread now +0.156%, 7d avg +0.035%
Together, before fees−0.222%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.121% dearer against Variational Omni than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.035%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DOGE0.098790.0100pay 0.0100% / 8h2h 49m$1.1M$7.6M
ShortDeribit DOGE_USDC-PERPETUAL0.098940get 0.0000% / 1h49m 26s$618K$88K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Variational Omni. 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
−$21
Price spread: +0.156% → +0.035%
$12.14
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$15.86
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Deribit: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago3.52 bpdoesn't fit8.5 bp −$85doesn't fitdoesn't fit
Sell Deribit live order book, 39 min ago3.01 bp6.5 bp −$727.6 bp −$276doesn't fitdoesn'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−0.0278%8h0.09873−0.056%$151.5M$259.5M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09889+0.102%$337K$4.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUALshort0.0000%1h0.09894+0.156%$618K$88K25x
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09888+0.095%$32K150xas long as short
dYdX DOGE-USD+0.0058%1h0.09882+0.030%$222K$44K10xas long as short
Gate DOGE_USDT+0.0061%8h0.09873−0.056%$234.8M$118.2M75xas long as short
Phoenix DOGE+0.0080%1h0.09885+0.070%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09878−0.006%$2K$335K10xas long as short
Lighter DOGE+0.0096%1h0.09885+0.067%$796K$5.0M15xas long as short
Aster DOGEUSDT+0.0100%8h0.09886+0.078%$4.8M$40.2M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09883+0.045%$337K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09881+0.030%$316.9M$1.25B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09880+0.015%$154.4M$393.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09883+0.045%$107.4M$882.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09887+0.086%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09895+0.167%$379K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09885+0.065%$117.6M$205.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09879+0.005%$65.2M$38.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09878−0.006%$73.1Mas long as short
Variational Omni DOGElong+0.0100%8h0.09879long leg$1.1M$7.6M
edgeX DOGEUSDC+0.0100%4h0.09950+0.726%$264K$110.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09879+0.003%$621K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880+0.015%$141K$222K25xas long as short
Nado DOGE-PERP+0.0100%1h0.09881+0.025%$627K$694K10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09877−0.019%$274K$545K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09889+0.106%$72K$363K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09888+0.094%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09894+0.159%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09889+0.106%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09896+0.182%$6.0M$46.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09889+0.106%$91.8M$18.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09878−0.008%$19K$3K30xas long as short
Backpack DOGE_USDC_PERP+0.0102%1h0.09894+0.156%$526K$857K15xas long as short
Extended DOGE-USD+0.0104%1h0.09877−0.013%$540K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09890+0.117%$19K3xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09884+0.052%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09882+0.035%$15.3M$23.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09893+0.146%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09887+0.087%$305K200xas long as short
Kraken Futures PF_DOGEUSD+0.0289%1h0.09890+0.118%$6.8M$30.3M50xas long as short
01 Exchange DOGEUSD+0.0392%1h0.09881+0.025%$522$4K10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09886+0.080%$311K$469K10xas long as short
Hyperliquid DOGE+0.0556%1h0.09889+0.106%$110.9M$77.2M10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09930+0.521%$5K$153K12xas long as short