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+0.0913%/8h= +100.0% APRpaid last 24h +0.200%
Price spread now: Injective against Variational Omni+0.429%46s7-day average +0.222% · 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)+0.664%+$66 on $10k
Price spread, last 3 days (all we have)−0.448%−$45 · spread now +0.429%, 7d avg +0.222%
Together, before fees+0.216%+ Points / potential airdropVariational Omni: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Injective is 0.207% dearer against Variational Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.222%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DOGE0.098880.0100pay 0.0100% / 8h2h 38m$934K$7.8M
ShortInjective DOGE/USDC PERP0.099300.1013get 0.0127% / 1h38m 25s$5K$153K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$191.71
Price spread: +0.429% → +0.222%
$20.69
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$212.39
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Injective: live order book, 50 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, 1 min ago4.08 bpdoesn't fit10.2 bp −$102doesn't fitdoesn't fit
Sell Injective live order book, 50 min ago35.12 bp49.6 bp −$50doesn't fitdoesn'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−0.0279%8h0.09826−0.622%$151.1M$259.8M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09819−0.692%$354K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09823−0.656%$614K$88K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09835−0.536%$32K150xas long as short
dYdX DOGE-USD+0.0059%1h0.09844−0.440%$221K$44K10xas long as short
Gate DOGE_USDT+0.0060%8h0.09829−0.592%$233.7M$118.9M75xas long as short
Phoenix DOGE+0.0080%1h0.09899+0.116%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09839−0.491%$1K$334K10xas long as short
Lighter DOGE+0.0096%1h0.09841−0.467%$781K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09834−0.547%$624K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09836−0.520%$4.9M$40.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09846−0.425%$335K$505K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09836−0.522%$314.6M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09832−0.562%$156.1M$397.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09838−0.501%$107.0M$879.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09845−0.430%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09919+0.317%$380K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09835−0.531%$119.5M$214.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09833−0.552%$64.7M$39.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09835−0.531%$3.4Mas long as short
Variational Omni DOGElong+0.0100%8h0.09888long leg$934K$7.8M
edgeX DOGEUSDC+0.0100%4h0.09898+0.109%$263K$111.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09895+0.073%$629K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890+0.025%$141K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09835−0.537%$272K$531K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09837−0.511%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09820−0.685%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09824−0.639%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09823−0.653%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09819−0.694%$5.9M$46.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09826−0.622%$91.2M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09844−0.440%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09833−0.552%$545K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09837−0.507%$19K3xas long as short
Backpack DOGE_USDC_PERP+0.0158%1h0.09829−0.592%$520K$906K15xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09834−0.545%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09841−0.468%$520$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09821−0.673%$15.1M$23.5M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09824−0.643%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0242% / S −0.0263%1h0.09834−0.538%$303K200xas long as short
Kraken Futures PF_DOGEUSD+0.0291%1h0.09822−0.664%$6.1M$31.5M50xas long as short
Hyperliquid DOGE+0.0466%1h0.09843−0.448%$109.6M$78.1M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09848−0.402%$310K$469K10xas long as short
Injective DOGE/USDC PERPshort+0.1013%1h0.09930+0.429%$5K$153K12x