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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0148%/8h= −16.2% APRnext payment $0.19 per $10,000 · paid last 24h −0.025%
Price spread now: Pacifica against Coinbase International−0.258%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 4 days (all we have)+0.407%+$41 · spread now −0.258%, 7d avg −0.012%
Together, before fees+0.502%+ Points / potential airdropPacifica: Active · farm board+$50 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 Pacifica is 0.247% cheaper against Coinbase International than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.012%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099580.0248pay 0.0031% / 1h11m 05s$2.3M$26.4M50x
ShortPacifica DOGE0.099320.0100get 0.0013% / 1h11m 05s$326K$483K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$31.08
Price spread: −0.258% → −0.012%
−$24.65
Slippage, 4 orders
−$13.8
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$87.53
Costs to cover
0.318%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Pacifica: live order book, 52 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, 3 min ago1.51 bp7.7 bp −$816.6 bp −$16653.1 bp −$5,309doesn't fit
Sell Pacifica live order book, 52 min ago2.00 bp8.4 bp −$8doesn'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
Bitget DOGEUSDT−0.0076%8h0.09948−0.100%$150.5M$274.0M75xas long as short
dYdX DOGE-USD0.0000%1h0.09924−0.338%$223K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09936−0.225%$429K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09944−0.143%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09958+0.002%$771K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09941−0.171%$898$444K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09936−0.221%$533K$997K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09950−0.083%$4.7M$48.7M75xas long as short
Pacifica DOGEshort+0.0100%1h0.09932−0.258%$326K$483K20x
Binance DOGEUSDT+0.0100%8h0.09953−0.050%$318.5M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09960+0.020%$160.4M$441.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09962+0.040%$111.1M$988.7M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09966+0.080%$382K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09951−0.070%$243.3M$133.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09955−0.030%$112.1M$231.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09955−0.030%$65.9M$43.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09948−0.100%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09955−0.030%$327K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09931−0.276%$982K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09943−0.148%$296K$128.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09934−0.241%$627K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09940−0.181%$145K$281K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09931−0.269%$251K$742K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09951−0.070%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09948−0.102%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09942−0.166%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09952−0.060%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09949−0.087%$6.0M$56.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09952−0.060%$91.6M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0102%8h0.09926−0.317%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09949−0.091%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09950−0.084%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0182%1h0.09954−0.036%$595K$118K25xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09938−0.199%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09942−0.162%$530$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09948−0.100%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09930−0.277%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09940−0.177%$311K200xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0248%1h0.09958long leg$2.3M$26.4M50x
Kraken Futures PF_DOGEUSD+0.0307%1h0.09951−0.067%$5.7M$35.3M50xas long as short
Hyperliquid DOGE+0.0522%1h0.09964+0.055%$121.5M$100.0M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09944−0.143%$402K$388K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09950−0.080%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.09960+0.020%$5K$239K12xas long as short