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−0.0042%/8h= −4.6% APRnext payment $0.05 per $10,000 · paid last 24h −0.013%
Price spread now: Reya against Coinbase International−0.183%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Reya is 0.183% cheaper against Coinbase International than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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% / 1h14m 34s$1.9M$34.9M50x
ShortReya DOGERUSDPERP0.099930.0198get 0.0025% / 1h14m 34s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$8.9
Price spread: −0.183% → 0.000%
−$18.27
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$43.17
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.

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, 5 min ago1.00 bp10.8 bp −$1117.1 bp −$17140.7 bp −$4,069doesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DOGE on 43 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%1h0.1001−0.055%$5.7M$40.6M50xas long as short
dYdX DOGE-USD0.0000%1h0.1000−0.089%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001−0.023%$613K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.10000−0.115%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.184%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0048%8h0.09988−0.230%$141.8M$344.1M75xas long as short
Polymarket Perps DOGE-USD+0.0048%1h0.09992−0.192%$263K$1.2M10xas long as short
Phoenix DOGE+0.0080%1h0.1002+0.135%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1001+0.039%$849K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1000−0.085%$540K$1.1M10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1000−0.090%$4.6M$58.7M75xas long as short
Pacifica DOGE+0.0100%1h0.1001−0.038%$319K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1000−0.105%$329.5M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09995−0.160%$165.0M$522.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09998−0.130%$117.4M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1003+0.167%$385K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1000−0.110%$250.0M$157.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001−0.050%$112.2M$258.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.050%$66.8M$50.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1000−0.080%$53.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001−0.060%$303K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.1001−0.022%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002+0.093%$304K$140.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.10010.000%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1002+0.090%$148K$340K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1000−0.090%$70K$476K50xas long as short
SunX DOGE-USDT+0.0100%8h0.1001−0.027%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1000−0.070%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1001+0.003%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001−0.060%$91.7M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1000−0.070%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09997−0.144%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1000−0.079%$19K3xas long as short
Katana Perps DOGE-USD+0.0108%8h0.1000−0.100%$836$538K10xas long as short
Hyperliquid DOGE+0.0136%1h0.1001−0.040%$124.5M$116.6M10xas long as short
Reya DOGERUSDPERPshort+0.0198%1h0.09993−0.183%$2K20x
BloFin DOGE-USDT+0.0220%8h0.1001−0.010%$16.2M$27.1M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0240%1h0.1001−0.037%$574K$253K25xas 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%1h0.10000−0.115%$315K200xas long as short
01 Exchange DOGEUSD+0.0272%1h0.1001−0.056%$445$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.1000−0.110%$18K$307K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1001−0.025%$402K$458K10xas long as short