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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Binance+0.037%46s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.322%−$32 on $10k
Price spread, last 3 days (all we have)+0.031%+$3 · spread now +0.037%, 7d avg −0.006%
Together, before fees−0.291%−$29 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: Polymarket Perps is 0.043% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DOGEUSDT0.10080.0100pay 0.0100% / 8h7h 28m$320.4M$1.40B75x
ShortPolymarket Perps DOGE-USD0.10080.0100get 0.0013% / 1h28m 46s$273K$599K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$0
Price spread: +0.037% → −0.006%
$4.34
Slippage, 4 orders
−$8.37
Fee Binance: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$22.03
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; Polymarket Perps: live order book, 44 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 Binance live order book, 15 min ago0.50 bp5.5 bp −$58.5 bp −$8516.9 bp −$1,69132.5 bp −$16.2K
Sell Polymarket Perps live order book, 44 min ago3.03 bp7.0 bp −$77.2 bp −$72doesn'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
Phemex DOGEUSDT−0.0287%8h0.1008+0.057%$93.1M$17.8M50xas long as short
Bitget DOGEUSDT−0.0183%8h0.1007−0.112%$152.9M$270.8M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1008+0.035%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1009+0.080%$408K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1009+0.101%$607K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1008+0.051%$24K150xas long as short
dYdX DOGE-USD+0.0018%1h0.1007−0.049%$226K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1008+0.064%$789K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1008+0.057%$842$410K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1009+0.092%$517K$971K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1008−0.010%$4.9M$46.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1008+0.035%$336K$516K20xas long as short
Binance DOGEUSDTlong+0.0100%8h0.1008long leg$320.4M$1.40B75x
Bybit DOGEUSDT+0.0100%8h0.1008+0.057%$160.0M$437.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1008+0.057%$110.7M$971.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1008−0.022%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.265%$385K$9K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1007−0.052%$244.8M$129.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1008+0.067%$113.9M$224.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1008+0.047%$66.1M$42.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1008−0.022%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1009+0.077%$365K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.225%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1011+0.312%$266K$123.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1011+0.295%$634K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1006−0.181%$148K$267K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.1008+0.037%$273K$599K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1008+0.067%$73K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1009+0.067%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1009+0.112%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1008+0.047%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1008+0.043%$6.0M$52.7M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1008+0.066%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1008+0.030%$532K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1008+0.062%$19K3xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1008+0.060%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1010+0.201%$533$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1008+0.027%$15.4M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1009+0.126%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0240%1h0.1010+0.233%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0263%1h0.1008+0.058%$311K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1010+0.176%$324K$479K10xas long as short
Hyperliquid DOGE+0.0842%1h0.1010+0.186%$123.0M$94.6M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1014+0.613%$5K$239K12xas long as short