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+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.026%
Price spread now: Phoenix against 01 Exchange−0.482%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Phoenix is 0.482% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.482% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 2 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange DOGEUSD0.10110.0216pay 0.0027% / 1h3m 02s$539$4K10x
ShortPhoenix DOGE0.10060.0242get 0.0030% / 1h3m 02s$65K$288K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against 01 Exchange. 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
$5.55
Price spread: −0.482% → 0.000%
−$48.19
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$56.63
Costs to cover
0.140%
Break-even
78.4 days
Slippage unknown: 01 Exchange: no order-book sample; Phoenix: 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 01 Exchange no order-book sample
Sell Phoenix live order book, 50 min ago1.01 bp12.3 bp −$1243.0 bp −$430doesn't fitdoesn't fit
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.1010−0.041%$5.7M$35.8M50xas long as short
Bitget DOGEUSDT−0.0025%8h0.1011−0.007%$152.4M$278.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1010−0.032%$479K$5.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1011−0.011%$24K150xas long as short
dYdX DOGE-USD+0.0011%1h0.1008−0.234%$226K$49K10xas long as short
Lighter DOGE+0.0096%1h0.1011+0.027%$738K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1010−0.076%$2K$470K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1011+0.033%$531K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1011+0.003%$4.7M$50.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1009−0.208%$327K$484K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1011−0.006%$330.1M$1.49B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1010−0.027%$165.8M$452.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1010−0.037%$116.1M$1.04B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.581%$386K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1010−0.066%$249.2M$136.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1011−0.007%$113.2M$237.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1010−0.027%$67.4M$44.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1010−0.106%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1011−0.007%$321K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.445%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1005−0.581%$305K$131.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1009−0.194%$638K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1005−0.561%$147K$292K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1011−0.007%$262K$877K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1011−0.007%$71K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1011−0.012%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1012+0.135%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1010−0.027%$2K$4.1M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1010−0.063%$6.1M$59.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1011−0.017%$92.9M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1009−0.173%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1010−0.060%$496K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1011−0.007%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0166%1h0.1011−0.011%$604K$119K25xas long as short
Reya DOGERUSDPERP+0.0190%1h0.1011+0.020%$2K20xas long as short
01 Exchange DOGEUSDlong+0.0216%1h0.1011long leg$539$4K10x
BloFin DOGE-USDT+0.0220%8h0.1011+0.013%$16.0M$25.7M75xas long as short
Phoenix DOGEshort+0.0242%1h0.1006−0.482%$65K$288K10x
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0267%1h0.1011−0.015%$314K200xas long as short
Hyperliquid DOGE+0.0265%1h0.1011+0.061%$123.8M$102.4M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.1012+0.112%$2.1M$28.4M50xas long as short
Arcus DOGE-USD+0.0690%1h0.1012+0.092%$110K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.1011+0.033%$410K$415K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1015+0.428%$5K$239K12xas long as short