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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h +0.059%
Price spread now: BloFin against Deribit+0.035%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.375%+$38 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.035%, 7d avg +0.011%
Together, before fees+0.296%+$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.025% dearer against Deribit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.10440.0229pay 0.0029% / 1h46m 30s$588K$242K25x
ShortBloFin DOGE-USDT0.10440.0220get 0.0220% / 8h3h 46m$16.2M$27.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Deribit. 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
−$1.89
Price spread: +0.035% → +0.011%
$2.45
Slippage, 4 orders
−$13.08
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$31.51
Costs to cover
0.321%
Break-even
never at this rate
Slippage from Deribit: live order book, 7 min ago; BloFin: live order book, 3 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 Deribit live order book, 7 min ago5.70 bp9.2 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.48 bp6.5 bp −$612.1 bp −$12124.1 bp −$2,41239.2 bp −$19.6K

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
dYdX DOGE-USD0.0000%1h0.1044−0.001%$234K$70K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1045+0.104%$25K150xas long as short
Bitget DOGEUSDT+0.0007%8h0.1044+0.035%$141.6M$308.0M75xas long as short
Lighter DOGE+0.0096%1h0.1044+0.071%$752K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1044+0.055%$567K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1044+0.005%$5.1M$53.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1044+0.062%$337K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1045+0.141%$346.9M$1.57B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1045+0.141%$172.7M$486.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1045+0.131%$119.4M$1.14B50xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk DOGE-USD+0.0100%1h0.1047+0.288%$402K$11K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1044+0.074%$258.2M$141.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1045+0.093%$116.9M$239.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1044+0.035%$68.7M$47.2M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1045+0.112%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1043−0.070%$352K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1052+0.760%$1.2M$8.3Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1044+0.083%$333K$134.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1043−0.022%$659K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1044+0.035%$164K$316K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1044−0.003%$268K$889K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1045+0.131%$73K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1044+0.005%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1044+0.029%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1043−0.012%$2K$4.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1044+0.008%$6.2M$63.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1043−0.041%$95.9M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.1043−0.029%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1043−0.055%$505K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1043−0.027%$20K3xas long as short
Kalshi KXDOGEPERP+0.0118%8h0.1045+0.169%$734K$6.1M2.8xas long as short
Katana Perps DOGE-USD+0.0125%8h0.1044+0.045%$1K$485K10xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1044+0.052%$2K20xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.1044+0.035%$16.2M$27.3M75x
Deribit DOGE_USDC-PERPETUALlong+0.0229%1h0.1044long leg$588K$242K25x
Phoenix DOGE+0.0235%1h0.1045+0.116%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0241%1h0.1043−0.074%$5.6M$37.7M50xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1044+0.072%$464$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0320%1h0.1044+0.043%$344K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1046+0.227%$2.1M$32.0M50xas long as short
Hyperliquid DOGE+0.0578%1h0.1045+0.170%$129.4M$107.2M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1045+0.083%$113K$200K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1044+0.065%$421K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.898%$6K$242K12xas long as short