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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: Backpack against Aster+0.001%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.001%, 7d avg −0.022%
Together, before fees+0.068%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.023% dearer against Aster than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOGEUSDT0.099240.0100pay 0.0100% / 8h2h 17m$4.4M$57.2M75x
ShortBackpack DOGE_USDC_PERP0.099240.0100get 0.0013% / 1h17m 39s$298K$1.3M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Aster. 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
$0
Price spread: +0.001% → −0.022%
$2.32
Slippage, 4 orders
−$2.66
Fee Aster: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$18.33
Costs to cover
0.207%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; Backpack: live order book, 1 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 Aster live order book, 1 min ago0.50 bp4.5 bp −$55.0 bp −$5011.2 bp −$1,119doesn't fit
Sell Backpack live order book, 1 min ago0.50 bp5.8 bp −$614.6 bp −$146doesn'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%8h0.09933+0.088%$596K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09928+0.045%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09930+0.064%$5.6M$39.9M50xas long as short
dYdX DOGE-USD+0.0032%1h0.09922−0.023%$223K$70K10xas long as short
Polymarket Perps DOGE-USD+0.0038%1h0.09923−0.008%$267K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09931+0.073%$848K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09917−0.065%$538K$1.1M10xas long as short
Aster DOGEUSDTlong+0.0100%8h0.09924long leg$4.4M$57.2M75x
Pacifica DOGE+0.0100%1h0.09924−0.001%$318K$514K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09923−0.009%$324.4M$1.68B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09920−0.039%$163.3M$517.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09925+0.011%$116.2M$1.17B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09881−0.436%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09918−0.060%$247.2M$153.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09923−0.009%$110.0M$255.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09921−0.029%$65.9M$49.6M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09908−0.160%$140.1M$339.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09921−0.029%$3.5Mas long as short
Backpack DOGE_USDC_PERPshort+0.0100%1h0.09924+0.001%$298K$1.3M15x
Variational Omni DOGE+0.0100%8h0.09900−0.243%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09913−0.108%$320K$139.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09872−0.519%$627K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880−0.443%$146K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09930+0.061%$63K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09930+0.058%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09934+0.100%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09930+0.061%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09928+0.043%$5.9M$68.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09925+0.011%$91.2M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09922−0.020%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09916−0.080%$482K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09939+0.149%$19K3xas long as short
Hyperliquid DOGE+0.0104%1h0.09929+0.047%$123.1M$115.7M10xas long as short
Katana Perps DOGE-USD+0.0111%8h0.09923−0.009%$829$527K10xas long as short
Reya DOGERUSDPERP+0.0195%1h0.09928+0.039%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.09929+0.052%$442$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09930+0.061%$15.9M$26.8M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09929+0.051%$27K$299K10xas long as short
Phoenix DOGE+0.0240%1h0.09916−0.081%$18K$382K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0243%1h0.09935+0.111%$564K$247K25xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0288%1h0.09928+0.039%$315K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09930+0.061%$1.9M$34.1M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09928+0.046%$400K$444K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+6.107%$6K$242K12xas long as short