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: SoDEX against Coinbase International−0.040%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.040%, 7d avg −0.026%
Together, before fees+0.064%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099420.0248pay 0.0031% / 1h27m 52s$2.3M$26.1M50x
ShortSoDEX DOGE-USD0.099380.0100get 0.0013% / 1h27m 52s$2K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.040% → −0.026%
−$1.45
Slippage, 4 orders
−$10.81
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$61.34
Costs to cover
0.288%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; SoDEX: live order book, 1 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, 1 min ago1.51 bp10.0 bp −$1014.1 bp −$14143.5 bp −$4,353doesn't fit
Sell SoDEX live order book, 1 min ago0.50 bp4.6 bp −$58.0 bp −$80154.0 bp −$15.4Kdoesn'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−0.0088%8h0.09921−0.211%$150.2M$273.6M75xas long as short
dYdX DOGE-USD0.0000%1h0.09936−0.056%$223K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09939−0.032%$441K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09935−0.072%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0072%1h0.09937−0.051%$594K$118K25xas long as short
Lighter DOGE+0.0096%1h0.09936−0.059%$773K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09940−0.020%$994$444K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09939−0.025%$530K$993K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09938−0.040%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09944+0.020%$327K$483K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09932−0.096%$318.5M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09929−0.131%$160.0M$442.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09931−0.111%$110.8M$984.5M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985+0.430%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09926−0.161%$241.6M$132.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09931−0.111%$111.4M$230.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09931−0.111%$65.7M$43.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09930−0.121%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09936−0.060%$327K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09990+0.487%$989K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09969+0.270%$297K$130.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09994+0.520%$633K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09990+0.483%$146K$278K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09932−0.105%$253K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09933−0.091%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09931−0.108%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09938−0.041%$35K$2.2M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09938−0.040%$2K$3.9M10x
HTX DOGE-USDT+0.0100%8h0.09934−0.083%$5.9M$56.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09939−0.030%$91.5M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.09939−0.028%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09929−0.133%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09936−0.060%$19K3xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09938−0.037%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09940−0.019%$530$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09945+0.030%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09961+0.188%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09936−0.062%$309K200xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0248%1h0.09942long leg$2.3M$26.1M50x
Kraken Futures PF_DOGEUSD+0.0308%1h0.09936−0.060%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0488%1h0.09942+0.002%$121.5M$99.9M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09942−0.002%$400K$366K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09950+0.080%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.785%$5K$239K12xas long as short