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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.004%
Price spread now: Coinbase International against BloFin−0.110%58s7-day average +0.008% · you buy dearer than you sell
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−$340.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.252%−$25 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.110%, 7d avg +0.008%
Together, before fees−0.135%−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.118% cheaper against BloFin than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.008%). If the spread goes back, that is −$12 on $10k: about 20 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.252%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOGE-USDT0.099930.0220pay 0.0220% / 8h1h 27m$16.2M$27.1M75x
ShortCoinbase International DOGE-PERP-INTX0.099820.0240get 0.0030% / 1h27m 53s$1.9M$34.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$4.2
Price spread: −0.110% → +0.008%
−$11.82
Slippage, 4 orders
−$11.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$41.6
Costs to cover
0.340%
Break-even
76.3 days
Slippage from BloFin: live order book, 6 min ago; Coinbase International: live order book, 1 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, 6 min ago1.50 bp8.1 bp −$89.2 bp −$9217.7 bp −$1,77430.0 bp −$15.0K
Sell Coinbase International live order book, 1 min ago1.00 bp8.4 bp −$813.2 bp −$13234.7 bp −$3,466doesn'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
Kraken Futures PF_DOGEUSD−0.0083%1h0.09984−0.085%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09986−0.066%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09982−0.113%$611K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09980−0.127%$35K150xas long as short
Polymarket Perps DOGE-USD+0.0030%1h0.09971−0.215%$266K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.374%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0062%8h0.09997+0.040%$142.1M$344.1M75xas long as short
Phoenix DOGE+0.0080%1h0.09997+0.037%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09992−0.014%$851K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09980−0.130%$539K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09995+0.020%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09982−0.110%$319K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09998+0.050%$328.9M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09992−0.010%$165.4M$520.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1000+0.090%$117.7M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990−0.030%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09990−0.030%$249.8M$156.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09997+0.040%$111.1M$258.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09992−0.010%$66.5M$50.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09990−0.030%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09989−0.040%$304K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09984−0.093%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09985−0.077%$303K$140.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09988−0.050%$630K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09990−0.030%$150K$338K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09983−0.100%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09967−0.264%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09988−0.055%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09984−0.090%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09982−0.114%$5.9M$68.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09984−0.090%$91.7M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09978−0.146%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09990−0.034%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09982−0.106%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09977−0.160%$834$536K10xas long as short
Hyperliquid DOGE+0.0126%1h0.09995+0.016%$124.0M$116.5M10xas long as short
Reya DOGERUSDPERP+0.0197%1h0.09980−0.127%$2K20xas long as short
BloFin DOGE-USDTlong+0.0220%8h0.09993long leg$16.2M$27.1M75x
Coinbase International DOGE-PERP-INTXshort+0.0240%1h0.09982−0.110%$1.9M$34.8M50x
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09983−0.103%$314K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0261%1h0.09987−0.059%$573K$252K25xas long as short
01 Exchange DOGEUSD+0.0264%1h0.09985−0.084%$444$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.09977−0.160%$23K$305K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09985−0.080%$402K$458K10xas long as short