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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0338%/8h= −37.0% APRnext payment $3.38 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.060%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$290.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days+0.042%+$4 · spread now −0.060%, 7d avg −0.018%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.042% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DOGEUSDT0.099910.0100pay 0.0100% / 8h27m 06s$157.1M$431.1M75x
ShortBitget DOGEUSDT0.09985−0.0238pay 0.0238% / 8h27m 06s$152.2M$269.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
−$70.98
Price spread: −0.060% → −0.018%
−$4.25
Slippage, 4 orders
−$6.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$104.67
Costs to cover
0.294%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago0.50 bp6.6 bp −$78.9 bp −$8921.2 bp −$2,12241.5 bp −$20.8K
Sell Bitget live order book, 2 min ago0.50 bp8.8 bp −$910.8 bp −$10821.9 bp −$2,19436.5 bp −$18.2K

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 DOGEUSDTshort−0.0238%8h0.09985−0.060%$152.2M$269.3M75x
Kalshi KXDOGEPERP0.0000%8h0.09991−0.003%$413K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09993+0.022%$23K150xas long as short
dYdX DOGE-USD+0.0050%1h0.09978−0.127%$224K$44K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0070%1h0.09994+0.028%$602K$117K25xas long as short
Gate DOGE_USDT+0.0076%8h0.09989−0.020%$240.5M$127.3M75xas long as short
Lighter DOGE+0.0096%1h0.09997+0.056%$791K$5.5M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.09986−0.050%$2K$390K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09989−0.015%$514K$975K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09994+0.028%$4.9M$45.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09989−0.025%$333K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09989−0.015%$316.7M$1.36B75xas long as short
Bybit DOGEUSDTlong+0.0100%8h0.09991long leg$157.1M$431.1M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.09995+0.040%$108.7M$946.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09993+0.020%$31K$80K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1001+0.165%$383K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09992+0.010%$111.7M$221.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.099910.000%$65.7M$41.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09989−0.020%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1001+0.204%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09998+0.069%$274K$119.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.231%$636K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.190%$147K$250K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09987−0.040%$257K$557K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09994+0.030%$73K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09993+0.020%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09993+0.018%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09990−0.010%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09989−0.022%$6.0M$51.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09992+0.010%$92.4M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09984−0.070%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09989−0.018%$527K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09990−0.009%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0105%1h0.09989−0.019%$5.9M$33.3M50xas long as short
Reya DOGERUSDPERP+0.0179%1h0.09992+0.008%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09993+0.020%$15.4M$25.2M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09994+0.029%$528$4K10xas long as short
Phoenix DOGE+0.0239%1h0.1001+0.156%$67K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09995+0.040%$2.0M$24.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0273%1h0.09994+0.029%$315K200xas long as short
Backpack DOGE_USDC_PERP+0.0366%1h0.09998+0.070%$534K$965K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.09996+0.047%$313K$474K10xas long as short
Hyperliquid DOGE+0.0890%1h0.1001+0.160%$117.5M$89.2M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.1003+0.390%$5K$239K12xas long as short