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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0164%/8h= −18.0% APRpaid last 24h −0.038%
Price spread now: SunX against Coinbase International−0.082%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$630.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.082%, 7d avg +0.009%
Together, before fees+0.183%+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.091% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.098420.0264pay 0.0033% / 1h48m 34s$2.2M$32.9M50x
ShortSunX DOGE-USDT0.098340.0100get 0.0100% / 8h5h 48m$34K$1.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$34.44
Price spread: −0.082% → +0.009%
−$9.14
Slippage, 4 orders
−$45.23
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$106.81
Costs to cover
0.632%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; SunX: live order book, 2 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 ago1.53 bp9.2 bp −$916.2 bp −$16238.3 bp −$3,828doesn't fit
Sell SunX live order book, 2 min ago18.55 bp23.7 bp −$2430.9 bp −$309doesn't fitdoesn't fit

DOGE on 43 exchanges

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−0.0139%1h0.09843+0.007%$5.3M$39.5M50xas long as short
Bitget DOGEUSDT−0.0041%8h0.09817−0.254%$138.9M$305.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09831−0.114%$524K$6.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09843+0.007%$33K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0004%1h0.09841−0.015%$551K$292K25xas long as short
Bybit DOGEUSDT+0.0016%8h0.09819−0.234%$165.5M$493.0M75xas long as short
Gate DOGE_USDT+0.0028%8h0.09825−0.173%$252.4M$144.0M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.990%$6K$240K12xas long as short
Phoenix DOGE+0.0081%1h0.09839−0.027%$18K$311K10xas long as short
Lighter DOGE+0.0096%1h0.09837−0.048%$818K$6.4M15xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps DOGE-USD+0.0100%8h0.09828−0.142%$942$539K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09828−0.147%$508K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09827−0.151%$4.9M$57.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09831−0.114%$313K$436K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09823−0.197%$325.1M$1.59B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09826−0.163%$118.1M$1.10B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09830−0.122%$16K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09860+0.183%$376K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09829−0.132%$113.3M$247.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09832−0.102%$65.0M$45.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09824−0.183%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09840−0.020%$307K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09820−0.224%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09825−0.177%$264K$132.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09845+0.031%$620K$3.8M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09830−0.122%$138K$344K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09821−0.217%$236K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09837−0.051%$68K$414K50xas long as short
SunX DOGE-USDTshort+0.0100%8h0.09834−0.082%$34K$1.9M30x
SoDEX DOGE-USD+0.0100%1h0.09840−0.020%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09840−0.020%$5.9M$64.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09841−0.010%$89.9M$15.6M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09826−0.162%$18K$5K30xas long as short
Hyperliquid DOGE+0.0103%1h0.09832−0.102%$122.0M$108.0M10xas long as short
Extended DOGE-USD+0.0104%1h0.09823−0.190%$483K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09838−0.043%$19K3xas long as short
01 Exchange DOGEUSD+0.0136%1h0.09827−0.151%$452$4K10xas long as short
Reya DOGERUSDPERP+0.0206%1h0.09823−0.193%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0211% / S −0.0184%1h0.09831−0.114%$285K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09841−0.010%$15.5M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0264%1h0.09842long leg$2.2M$32.9M50x
dYdX DOGE-USD+0.0374%1h0.09831−0.113%$231K$75K10xas long as short
RISEx DOGE/USDC+0.0587%1h0.09831−0.116%$408K$402K10xas long as short