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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0873%/8h= +95.6% APRnext payment +$1.09 per $10,000 · paid last 24h +0.201%
Price spread now: Injective against Bulk+0.581%7-day average +0.192% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$780.775% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.699%+$70 on $10k
Price spread, last 3 days (all we have)−0.575%−$57 · spread now +0.581%, 7d avg +0.192%
Together, before fees+0.124%+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Injective is 0.390% dearer against Bulk than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.192%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk DOGE-USD0.10050.0100pay 0.0013% / 1h32m 56s$385K$9K10x
ShortInjective DOGE/USDC PERP0.10110.0973get 0.0122% / 1h32m 56s$5K$239K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bulk. 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
$183.39
Price spread: +0.581% → +0.192%
$38.96
Slippage, 4 orders
−$70.5
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$144.83
Costs to cover
0.775%
Break-even
1.5 days
Slippage from Bulk: live order book, 41 min ago; Injective: live order book, 41 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 Bulk live order book, 41 min ago5.04 bp8.5 bp −$98.5 bp −$859.2 bp −$92319.1 bp −$9,556
Sell Injective live order book, 41 min ago30.21 bp30.2 bp −$30doesn't fitdoesn'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−0.0309%8h0.1006+0.074%$92.9M$18.0M50xas long as short
Bitget DOGEUSDT−0.0188%8h0.1005−0.006%$153.0M$270.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1006+0.109%$6.0M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1006+0.084%$400K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1006+0.078%$605K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1005+0.014%$24K150xas long as short
dYdX DOGE-USD+0.0021%1h0.1008+0.277%$226K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1007+0.159%$789K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1006+0.074%$840$410K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1006+0.084%$516K$973K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1006+0.132%$5.0M$46.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1008+0.267%$336K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1006+0.090%$320.2M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1006+0.074%$159.6M$437.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1006+0.084%$110.4M$969.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1008+0.233%$28K$82K10xas long as short
Bulk DOGE-USDlong+0.0100%1h0.1005long leg$385K$9K10x
Gate DOGE_USDT+0.0100%8h0.1006+0.084%$244.3M$129.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1007+0.154%$113.8M$224.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1007+0.134%$66.0M$42.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1006+0.094%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1006+0.124%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.531%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1008+0.234%$265K$123.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1007+0.153%$643K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1010+0.482%$148K$267K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1006+0.064%$274K$577K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1006+0.054%$73K$428K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006+0.058%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1006+0.130%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1006+0.074%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1006+0.061%$6.0M$52.5M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1007+0.187%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1006+0.123%$532K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006+0.058%$19K3xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1006+0.102%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1006+0.090%$531$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1006+0.074%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1007+0.163%$2.0M$24.9M50xas long as short
Phoenix DOGE+0.0240%1h0.1008+0.253%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.1005+0.015%$310K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1007+0.168%$319K$477K10xas long as short
Hyperliquid DOGE+0.0850%1h0.1008+0.243%$122.0M$93.7M10xas long as short
Injective DOGE/USDC PERPshort+0.0973%1h0.1011+0.581%$5K$239K12x