Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: Extended against Binance−0.072%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days+0.080%+$8 · spread now −0.072%, 7d avg −0.062%

Together, before fees+0.139%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGEUSDT	0.09895	0.0100	pay 0.0100% / 8h	2h 30m	$322.9M	$1.68B	75x
Short	Extended DOGE-USD	0.09888	0.0104	get 0.0013% / 1h	30m 17s	$482K	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee ExtendedbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0.84
Price spread: −0.072% → −0.062%: −$1.05
Slippage, 4 orders: −$7.86
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$23.06
Costs to cover: 0.229%
Break-even: 199.2 days

Slippage from Binance: live order book, 14 min ago; Extended: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 14 min ago	0.50 bp	6.0 bp −$6	9.4 bp −$94	22.8 bp −$2,278	46.9 bp −$23.4K
Sell Extended live order book, 4 min ago	1.52 bp	5.0 bp −$5	5.6 bp −$56	16.8 bp −$1,680	doesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXDOGEPERP	0.0000%	8h	0.09881	−0.139%	$639K	$6.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09890	−0.054%	$34K	—	150x	as long as short
Kraken Futures PF_DOGEUSD	+0.0002%	1h	0.09895	−0.004%	$5.6M	$39.8M	50x	as long as short
Polymarket Perps DOGE-USD	+0.0030%	1h	0.09890	−0.053%	$267K	$1.2M	10x	as long as short
dYdX DOGE-USD	+0.0047%	1h	0.09880	−0.147%	$222K	$70K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09903	+0.078%	$866K	$6.7M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09891	−0.045%	$535K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09894	−0.010%	$4.4M	$57.0M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09886	−0.087%	$316K	$516K	20x	as long as short
Binance DOGEUSDTlong	+0.0100%	8h	0.09895	long leg	$322.9M	$1.68B	75x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.09892	−0.030%	$162.4M	$516.4M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09894	−0.010%	$114.6M	$1.16B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09900	+0.051%	$380K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09891	−0.040%	$246.7M	$151.6M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09896	+0.010%	$110.0M	$253.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09896	+0.010%	$65.6M	$49.4M	75x	as long as short
Bitget DOGEUSDT	+0.0100%	8h	0.09887	−0.081%	$132.9M	$332.5M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09886	−0.091%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09880	−0.152%	$297K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09877	−0.182%	$1.0M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09887	−0.083%	$304K	$138.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09890	−0.051%	$628K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09890	−0.051%	$147K	$339K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09891	−0.040%	$63K	$469K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09890	−0.055%	$18K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09885	−0.104%	$34K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09894	−0.010%	$2K	$5.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09889	−0.056%	$5.9M	$67.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09895	0.000%	$91.0M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09889	−0.056%	$18K	$5K	30x	as long as short
Extended DOGE-USDshort	+0.0104%	1h	0.09888	−0.072%	$482K	$4.1M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.09891	−0.040%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0112%	8h	0.09892	−0.030%	$2K	$524K	10x	as long as short
Hyperliquid DOGE	+0.0117%	1h	0.09902	+0.075%	$123.2M	$114.9M	10x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.09901	+0.065%	$440	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0194%	1h	0.09893	−0.016%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09887	−0.081%	$16.0M	$26.7M	75x	as long as short
Arcus DOGE-USD	+0.0231%	1h	0.09906	+0.111%	$107K	$207K	10x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09892	−0.028%	$18K	$382K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0286%	1h	0.09890	−0.049%	$316K	—	200x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0286%	1h	0.09896	+0.010%	$562K	$247K	25x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.09898	+0.030%	$2.0M	$33.8M	50x	as long as short
RISEx DOGE/USDC	+0.0686%	1h	0.09902	+0.067%	$399K	$442K	10x	as long as short
Injective DOGE/USDC PERP	+0.1217%	1h	0.1053	+6.417%	$6K	$242K	12x	as long as short