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−0.0140%/8h= −15.3% APRnext payment $0.18 per $10,000 · paid last 24h −0.032%
Price spread now: ApeX Omni against Coinbase International−0.070%75s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.496% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.070%, 7d avg +0.001%
Together, before fees+0.169%+$17 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 0.071% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.10010.0240pay 0.0030% / 1h21m 42s$1.9M$34.9M50x
ShortApeX Omni DOGEUSDT0.10000.0100get 0.0013% / 1h21m 42s$150K$338K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
−$29.4
Price spread: −0.070% → +0.001%
−$7.09
Slippage, 4 orders
−$29.59
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$86.07
Costs to cover
0.496%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; ApeX Omni: live order book, 21 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 Coinbase International live order book, 2 min ago1.50 bp9.5 bp −$916.3 bp −$16344.0 bp −$4,404doesn't fit
Sell ApeX Omni live order book, 21 min ago5.02 bp14.4 bp −$1457.5 bp −$575doesn'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
Kraken Futures PF_DOGEUSD−0.0082%1h0.1000−0.023%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.1002+0.178%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001+0.009%$612K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1000−0.043%$36K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.226%$6K$242K12xas long as short
Polymarket Perps DOGE-USD+0.0050%1h0.1000−0.030%$263K$1.2M10xas long as short
Bitget DOGEUSDT+0.0057%8h0.1001+0.060%$142.2M$344.3M75xas long as short
Phoenix DOGE+0.0080%1h0.1002+0.139%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1004+0.305%$849K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1001+0.040%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1003+0.188%$4.6M$58.6M75xas long as short
Pacifica DOGE+0.0100%1h0.1003+0.230%$321K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1003+0.214%$330.5M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1003+0.200%$165.7M$520.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1003+0.190%$118.1M$1.21B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990−0.170%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1002+0.080%$250.5M$156.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1003+0.210%$111.8M$258.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001+0.020%$66.7M$50.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002+0.110%$53.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001−0.020%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.1001+0.067%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1000−0.066%$303K$140.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.011%$631K$4.7M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.1000−0.070%$150K$338K25x
Orderly PERP_DOGE_USDC+0.0100%8h0.1000−0.030%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09967−0.403%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1001+0.025%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1000−0.030%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1000−0.070%$5.9M$68.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1000−0.030%$91.8M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1003+0.195%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001+0.041%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1000−0.040%$19K3xas long as short
Katana Perps DOGE-USD+0.0108%8h0.1001−0.020%$836$536K10xas long as short
Hyperliquid DOGE+0.0137%1h0.1003+0.220%$124.5M$116.4M10xas long as short
Reya DOGERUSDPERP+0.0197%1h0.1000−0.027%$2K20xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0220%1h0.1001−0.016%$574K$252K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.1000−0.050%$16.2M$27.1M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.1001long leg$1.9M$34.9M50x
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.1001−0.018%$315K200xas long as short
01 Exchange DOGEUSD+0.0272%1h0.1002+0.090%$445$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.1001+0.040%$18K$307K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1002+0.110%$403K$457K10xas long as short