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% APRpaid last 24h −0.037%
Price spread now: Gate against Coinbase International−0.100%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$400.402% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.100%, 7d avg −0.043%
Together, before fees+0.091%+$9 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 Gate is 0.057% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.10020.0240pay 0.0030% / 1h4m 38s$1.9M$34.8M50x
ShortGate DOGE_USDT0.10010.0100get 0.0100% / 8h1h 04m$250.3M$157.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.100% → −0.043%
−$5.7
Slippage, 4 orders
−$15.16
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$75.26
Costs to cover
0.402%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Gate: live order book, 4 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 ago2.00 bp9.3 bp −$915.5 bp −$15543.7 bp −$4,375doesn't fit
Sell Gate live order book, 4 min ago0.50 bp11.2 bp −$1118.7 bp −$18731.1 bp −$3,11554.6 bp −$27.3K

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%1h0.1001−0.087%$5.7M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.1001−0.069%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1002−0.016%$614K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1001−0.088%$36K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.121%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0040%8h0.1000−0.170%$141.9M$344.3M75xas long as short
Polymarket Perps DOGE-USD+0.0053%1h0.1001−0.070%$263K$1.2M10xas long as short
Phoenix DOGE+0.0080%1h0.1002+0.061%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1002+0.037%$849K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1001−0.030%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1001−0.053%$4.6M$58.8M75xas long as short
Pacifica DOGE+0.0100%1h0.1001−0.041%$319K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001−0.045%$330.5M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001−0.100%$164.9M$521.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001−0.060%$117.3M$1.21B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1001−0.103%$384K$16K10xas long as short
Gate DOGE_USDTshort+0.0100%8h0.1001−0.100%$250.3M$157.7M75x
MEXC DOGE_USDT+0.0100%8h0.1001−0.050%$112.4M$258.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.070%$66.9M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1001−0.070%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001−0.080%$303K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.1001−0.032%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002+0.042%$304K$140.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1002+0.080%$632K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1003+0.130%$146K$340K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1001−0.080%$70K$470K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1003+0.106%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1002+0.014%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1001−0.080%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1002+0.039%$5.9M$69.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001−0.050%$91.8M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1001−0.075%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1000−0.159%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1001−0.065%$19K3xas long as short
Katana Perps DOGE-USD+0.0108%8h0.1001−0.100%$836$537K10xas long as short
Hyperliquid DOGE+0.0120%1h0.1002−0.020%$124.7M$116.9M10xas long as short
Reya DOGERUSDPERP+0.0198%1h0.1001−0.037%$2K20xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0220%1h0.1001−0.033%$574K$252K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.1002+0.040%$16.3M$27.2M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.1002long leg$1.9M$34.8M50x
GMX DOGE/USD [ETH-USDC]L +0.0251% / S −0.0297%1h0.1001−0.097%$315K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1001−0.053%$445$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.1001−0.100%$17K$308K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1001−0.039%$403K$458K10xas long as short