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−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against Coinbase International+0.153%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.153%, 7d avg −0.068%
Together, before fees−0.114%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.221% dearer against Coinbase International than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.068%): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.10000.0240pay 0.0030% / 1h50m 36s$1.9M$34.7M50x
ShortExtended DOGE-USD0.10020.0104get 0.0013% / 1h50m 36s$488K$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$28.56
Price spread: +0.153% → −0.068%
$22.14
Slippage, 4 orders
−$13.95
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$35.37
Costs to cover
0.289%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Extended: live order book, 3 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, 4 min ago1.50 bp8.5 bp −$915.9 bp −$15940.4 bp −$4,038doesn't fit
Sell Extended live order book, 3 min ago0.50 bp5.8 bp −$67.4 bp −$7414.6 bp −$1,457doesn'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%1h0.09999−0.020%$5.7M$40.4M50xas long as short
Polymarket Perps DOGE-USD−0.0018%1h0.09992−0.094%$268K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.1001+0.071%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09997−0.038%$605K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.10000−0.015%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.289%$6K$242K12xas long as short
Phoenix DOGE+0.0080%1h0.1001+0.044%$18K$382K10xas long as short
Bitget DOGEUSDT+0.0080%8h0.1001+0.100%$142.7M$344.1M75xas long as short
Lighter DOGE+0.0096%1h0.1002+0.188%$855K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1000+0.005%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1001+0.091%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1001+0.117%$320K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001+0.132%$328.9M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1002+0.150%$165.8M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002+0.190%$117.1M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990−0.110%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1002+0.140%$251.1M$154.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002+0.170%$110.9M$257.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001+0.040%$66.6M$50.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002+0.190%$80.9Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1000+0.030%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992−0.091%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09994−0.069%$303K$140.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09988−0.132%$639K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.210%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09999−0.020%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09997−0.043%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1001+0.046%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09998−0.030%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09999−0.022%$6.0M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.10000.000%$91.9M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1002+0.186%$18K$5K30xas long as short
Extended DOGE-USDshort+0.0104%1h0.1002+0.153%$488K$4.1M50x
Aevo DOGE-PERP+0.0104%1h0.09998−0.030%$19K3xas long as short
Katana Perps DOGE-USD+0.0110%8h0.1002+0.160%$837$530K10xas long as short
Hyperliquid DOGE+0.0118%1h0.1001+0.130%$124.0M$116.2M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09996−0.052%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.10000.000%$16.2M$27.1M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.1000long leg$1.9M$34.7M50x
01 Exchange DOGEUSD+0.0248%1h0.1002+0.222%$446$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0294%1h0.1000−0.004%$315K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0320%1h0.1000+0.011%$574K$252K25xas long as short
Arcus DOGE-USD+0.0387%1h0.1002+0.200%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1003+0.245%$404K$457K10xas long as short