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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0986%/8h= +107.9% APRnext payment +$1.23 per $10,000 · paid last 24h +0.189%
Price spread now: Injective against Arcus+6.299%7-day average +0.183% · 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 4 days (all we have)+0.730%+$73 on $10k
Price spread, last 4 days (all we have)−6.443%−$644 · spread now +6.299%, 7d avg +0.183%
Together, before fees−5.713%−$571 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Injective is 6.117% dearer against Arcus than usual: you sell high and buy low: +$612 more if the spread goes back to its 7-day average of +0.183%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus DOGE-USD0.099060.0231pay 0.0029% / 1h29m 11s$107K$207K10x
ShortInjective DOGE/USDC PERP0.10530.1217get 0.0152% / 1h29m 11s$6K$242K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Arcus. 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
$206.96
Price spread: +6.299% → +0.183%
$611.65
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$814.1
Costs to cover
0.045%
Break-even
from the start
Slippage unknown: Arcus: live order book, 15 min ago; Injective: live order book, 85 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 Arcus live order book, 15 min ago2.01 bp7.9 bp −$816.6 bp −$166doesn't fitdoesn't fit
Sell Injective live order book, 85 min ago38.06 bp528.3 bp −$528doesn'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
Kalshi KXDOGEPERP0.0000%8h0.09890−0.162%$640K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09886−0.206%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09881−0.254%$5.6M$39.9M50xas long as short
Polymarket Perps DOGE-USD+0.0029%1h0.09885−0.207%$267K$1.2M10xas long as short
dYdX DOGE-USD+0.0045%1h0.09878−0.279%$222K$70K10xas long as short
Lighter DOGE+0.0096%1h0.09886−0.198%$843K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09891−0.146%$535K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09879−0.268%$4.4M$57.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09888−0.184%$316K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09879−0.274%$322.6M$1.68B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09876−0.303%$162.2M$516.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09880−0.262%$114.6M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09900−0.061%$380K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09889−0.172%$246.5M$151.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09879−0.273%$109.6M$253.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09887−0.192%$65.5M$49.5M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09874−0.323%$132.7M$332.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09877−0.293%$80.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09876−0.303%$297K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09877−0.293%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09887−0.194%$304K$138.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09882−0.242%$628K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−0.162%$147K$339K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09882−0.242%$63K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09882−0.238%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09886−0.203%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09882−0.242%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09885−0.215%$5.9M$67.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09879−0.273%$90.8M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09883−0.237%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09882−0.244%$482K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09885−0.217%$19K3xas long as short
Katana Perps DOGE-USD+0.0112%8h0.09895−0.111%$2K$524K10xas long as short
Hyperliquid DOGE+0.0113%1h0.09898−0.080%$123.1M$115.0M10xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09900−0.064%$440$4K10xas long as short
Reya DOGERUSDPERP+0.0194%1h0.09890−0.163%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09886−0.202%$16.0M$26.7M75xas long as short
Arcus DOGE-USDlong+0.0231%1h0.09906long leg$107K$207K10x
Phoenix DOGE+0.0240%1h0.09885−0.211%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0286%1h0.09887−0.190%$316K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0256%1h0.09889−0.170%$562K$247K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09887−0.192%$1.9M$33.7M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09901−0.046%$399K$442K10xas long as short
Injective DOGE/USDC PERPshort+0.1217%1h0.1053+6.299%$6K$242K12x