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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: ApeX Omni against BloFin−0.481%583s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.176%−$18 on $10k
Price spread, last 3 days (all we have)+0.534%+$53 · spread now −0.481%, 7d avg +0.018%
Together, before fees+0.358%+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.499% cheaper against BloFin than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of +0.018%). Swap the legs. The two prices were read 583 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOGE-USDT0.099780.0220pay 0.0220% / 8h6h 39m$15.4M$25.6M75x
ShortApeX Omni DOGEUSDT0.099300.0100get 0.0013% / 1h39m 36s$145K$275K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$25.2
Price spread: −0.481% → +0.018%
−$49.88
Slippage, 4 orders
−$29.23
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$126.31
Costs to cover
0.512%
Break-even
never at this rate
Slippage from BloFin: live order book, 9 min ago; ApeX Omni: live order book, 27 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 BloFin live order book, 9 min ago1.50 bp8.5 bp −$88.5 bp −$8512.4 bp −$1,24327.6 bp −$13.8K
Sell ApeX Omni live order book, 27 min ago4.96 bp11.1 bp −$1151.0 bp −$510doesn'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
Bitget DOGEUSDT−0.0132%8h0.09847−1.313%$149.3M$273.8M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09822−1.562%$383K$5.0M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09819−1.590%$587K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09805−1.735%$22K150xas long as short
dYdX DOGE-USD+0.0028%1h0.09846−1.320%$221K$51K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09837−1.412%$5.8M$34.1M50xas long as short
Lighter DOGE+0.0096%1h0.09858−1.199%$739K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09824−1.543%$821$432K10xas long as short
Gate DOGE_USDT+0.0099%8h0.09837−1.413%$238.5M$131.0M75xas long as short
Nado DOGE-PERP+0.0100%1h0.09855−1.233%$478K$981K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09848−1.302%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09858−1.207%$325K$504K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09833−1.453%$312.4M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09850−1.283%$156.5M$445.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09855−1.233%$108.3M$972.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09850−1.283%$127K$182K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.119%$383K$5K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09860−1.183%$107.5M$227.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09854−1.243%$65.3M$42.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09845−1.333%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09831−1.473%$341K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09845−1.333%$971K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09944−0.343%$274K$126.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09850−1.281%$618K$4.5M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.09930−0.481%$145K$275K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09845−1.329%$254K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09818−1.604%$69K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09820−1.582%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09822−1.565%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09827−1.513%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09817−1.613%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09836−1.423%$90.7M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09837−1.416%$521K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09823−1.549%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0114%8h0.09840−1.383%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09851−1.269%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09842−1.364%$525$4K10xas long as short
BloFin DOGE-USDTlong+0.0220%8h0.09978long leg$15.4M$25.6M75x
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09790−1.884%$1.9M$24.6M50xas long as short
Phoenix DOGE+0.0241%1h0.09873−1.054%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0267%1h0.09803−1.758%$305K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09841−1.368%$316K$406K10xas long as short
Hyperliquid DOGE+0.0677%1h0.09863−1.150%$119.6M$96.9M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09910−0.681%$5K$239K12xas long as short