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+0.0222%/8h= +24.3% APRpaid last 24h +0.097%
Price spread now: GMX against Bitget+0.005%7-day average +0.056% · 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)+0.217%+$22 on $10k
Price spread, last 4 days (all we have)+0.118%+$12 · spread now +0.005%, 7d avg +0.056%
Together, before fees+0.336%+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.051% cheaper against Bitget than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.056%). If the spread goes back, that is −$5 on $10k: about 18 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DOGEUSDT0.09859−0.0038get 0.0038% / 8h5h 56m$139.6M$305.9M75x
ShortGMX DOGE/USD [ETH-USDC]0.09860L +0.0211% / S −0.0184%get 0.0023% / 1h56m 51s$286K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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
$46.6
Price spread: +0.005% → +0.056%
−$5.13
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$17.47
Costs to cover
0.240%
Break-even
4.4 days
Slippage unknown: Bitget: live order book, 5 min ago; GMX: no order-book sample. 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 Bitget live order book, 5 min ago0.51 bp9.5 bp −$1011.0 bp −$11024.8 bp −$2,482doesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.09863+0.038%$5.3M$39.8M50xas long as short
Bitget DOGEUSDTlong−0.0038%8h0.09859long leg$139.6M$305.9M75x
Kalshi KXDOGEPERP0.0000%8h0.09860+0.008%$529K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09859−0.004%$33K150xas long as short
Bybit DOGEUSDT+0.0025%8h0.09861+0.020%$166.2M$494.6M75xas long as short
Gate DOGE_USDT+0.0033%8h0.09858−0.010%$253.7M$143.6M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.806%$6K$240K12xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0044%1h0.09863+0.041%$552K$293K25xas long as short
Lighter DOGE+0.0096%1h0.09868+0.092%$815K$6.4M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09862+0.030%$2K$541K10xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09856−0.025%$510K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09861+0.024%$4.9M$57.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09861+0.018%$315K$457K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09864+0.048%$325.6M$1.60B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09866+0.071%$118.5M$1.11B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09864+0.051%$17K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09869+0.102%$377K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09862+0.030%$113.6M$247.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09862+0.030%$65.2M$45.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.098590.000%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09860+0.010%$312K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.079%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09857−0.025%$265K$132.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09868+0.091%$629K$3.8M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870+0.112%$139K$344K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09853−0.059%$243K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09862+0.030%$68K$414K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09868+0.088%$35K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09861+0.020%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09864+0.054%$5.9M$65.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09862+0.030%$89.9M$15.4M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09863+0.036%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09855−0.038%$482K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09860+0.006%$19K3xas long as short
Hyperliquid DOGE+0.0130%1h0.09874+0.155%$122.6M$108.6M10xas long as short
01 Exchange DOGEUSD+0.0160%1h0.09862+0.026%$454$4K10xas long as short
Phoenix DOGE+0.0161%1h0.09864+0.053%$18K$311K10xas long as short
Reya DOGERUSDPERP+0.0206%1h0.09853−0.056%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]shortL +0.0211% / S −0.0184%1h0.09860+0.005%$286K200x
BloFin DOGE-USDT+0.0220%8h0.09861+0.020%$15.4M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0264%1h0.09867+0.081%$2.2M$33.1M50xas long as short
RISEx DOGE/USDC+0.0587%1h0.09867+0.076%$409K$412K10xas long as short
dYdX DOGE-USD+0.0670%1h0.09861+0.017%$232K$67K10xas long as short