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−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.003%
Price spread now: dYdX against ApeX Omni−0.536%50s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1091.090% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.099%−$10 on $10k
Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.536%, 7d avg −0.052%
Together, before fees+0.172%+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.485% cheaper against ApeX Omni than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.052%). Swap the legs. 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
LongApeX Omni DOGEUSDT0.099900.0100pay 0.0013% / 1h28m 14s$146K$278K25x
ShortdYdX DOGE-USD0.099360get 0.0000% / 1h28m 14s$223K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against ApeX 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: −0.536% → −0.052%
−$48.47
Slippage, 4 orders
−$89.03
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$178.51
Costs to cover
1.090%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 34 min ago; dYdX: live order book, 36 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 ApeX Omni live order book, 34 min ago5.00 bp10.0 bp −$1055.4 bp −$554doesn't fitdoesn't fit
Sell dYdX live order book, 36 min ago33.36 bp38.4 bp −$38157.5 bp −$1,575260.5 bp −$26.0K397.5 bp −$198.8K

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−0.0088%8h0.09936−0.541%$150.4M$273.5M75xas long as short
dYdX DOGE-USDshort0.0000%1h0.09936−0.536%$223K$49K10x
Kalshi KXDOGEPERP0.0000%8h0.09939−0.513%$441K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09935−0.552%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0072%1h0.09937−0.532%$594K$118K25xas long as short
Lighter DOGE+0.0096%1h0.09943−0.474%$773K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09940−0.501%$994$444K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09939−0.506%$530K$993K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09940−0.500%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09944−0.460%$327K$483K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09939−0.509%$318.7M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09940−0.501%$160.2M$442.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09938−0.521%$111.1M$984.8M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985−0.052%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09934−0.561%$241.9M$132.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09939−0.511%$111.6M$230.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09937−0.531%$65.7M$43.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09939−0.511%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09936−0.541%$327K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09990+0.005%$989K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09969−0.212%$297K$130.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09994+0.037%$633K$4.4M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.09990long leg$146K$278K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09932−0.585%$253K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09933−0.571%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09931−0.588%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09938−0.522%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09938−0.521%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09934−0.564%$5.9M$56.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09939−0.511%$91.5M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.09939−0.508%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09933−0.568%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09936−0.541%$19K3xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09938−0.517%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09940−0.499%$530$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09945−0.450%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09961−0.293%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09936−0.543%$309K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09942−0.480%$2.3M$26.1M50xas long as short
Kraken Futures PF_DOGEUSD+0.0308%1h0.09936−0.540%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0487%1h0.09948−0.423%$121.6M$99.9M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09942−0.482%$400K$366K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09950−0.400%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.300%$5K$239K12xas long as short