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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster+0.078%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$230.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 days−0.135%−$13 · spread now +0.078%, 7d avg +0.018%
Together, before fees−0.098%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$10 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: Lighter is 0.061% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOGEUSDT0.098490.0100pay 0.0100% / 8h5h 55m$4.9M$57.2M75x
ShortLighter DOGE0.098570.0096get 0.0012% / 1h55m 18s$814K$6.4M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.078% → +0.018%
$6.06
Slippage, 4 orders
−$15.5
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$18.28
Costs to cover
0.235%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Lighter: live order book, 6 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, 2 min ago1.01 bp5.0 bp −$55.4 bp −$5411.9 bp −$1,191doesn't fit
Sell Lighter live order book, 6 min ago2.89 bp6.7 bp −$713.7 bp −$13731.5 bp −$3,147doesn't fit

DOGE on 43 exchanges

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−0.0139%1h0.09850+0.008%$5.3M$39.7M50xas long as short
Bitget DOGEUSDT−0.0038%8h0.09843−0.061%$139.4M$305.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09853+0.045%$526K$6.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09852+0.026%$551K$293K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09859+0.098%$33K150xas long as short
Bybit DOGEUSDT+0.0023%8h0.09844−0.051%$165.9M$494.3M75xas long as short
Gate DOGE_USDT+0.0033%8h0.09848−0.010%$253.4M$143.7M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.914%$6K$240K12xas long as short
Lighter DOGEshort+0.0096%1h0.09857+0.078%$814K$6.4M15x
Katana Perps DOGE-USD+0.0100%8h0.09850+0.010%$943$541K10xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09845−0.041%$509K$1.1M10xas long as short
Aster DOGEUSDTlong+0.0100%8h0.09849long leg$4.9M$57.2M75x
Pacifica DOGE+0.0100%1h0.09853+0.041%$315K$457K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09849−0.002%$325.1M$1.60B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.098490.000%$118.3M$1.10B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09853+0.041%$17K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09860+0.112%$376K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.098490.000%$113.2M$247.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09850+0.010%$65.1M$45.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09845−0.041%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09851+0.020%$314K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09847−0.020%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09857+0.083%$266K$131.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09861+0.122%$621K$3.8M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870+0.213%$139K$344K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09843−0.058%$243K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09852+0.030%$68K$414K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09856+0.070%$35K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.098490.000%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09854+0.056%$5.9M$64.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.098490.000%$89.8M$15.4M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09851+0.016%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09845−0.043%$482K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09850+0.007%$19K3xas long as short
Hyperliquid DOGE+0.0127%1h0.09857+0.083%$122.4M$108.6M10xas long as short
01 Exchange DOGEUSD+0.0144%1h0.09850+0.011%$453$4K10xas long as short
Phoenix DOGE+0.0161%1h0.09864+0.154%$18K$311K10xas long as short
Reya DOGERUSDPERP+0.0206%1h0.09845−0.041%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0211% / S −0.0184%1h0.09846−0.028%$285K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.098490.000%$15.4M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0264%1h0.09853+0.041%$2.2M$33.0M50xas long as short
RISEx DOGE/USDC+0.0587%1h0.09862+0.128%$409K$412K10xas long as short
dYdX DOGE-USD+0.0853%1h0.09853+0.036%$231K$75K10xas long as short