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+0.0035%/8h= +3.8% APRpaid last 24h +0.032%
Price spread now: HTX against Deribit−0.026%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.212%+$21 on $10k
Price spread, last 3 days (all we have)+0.009%+$1 · spread now −0.026%, 7d avg +0.021%
Together, before fees+0.220%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.048% cheaper against Deribit than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.021%). If the spread goes back, that is −$5 on $10k: about 4.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.212% in total) that is about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.098520.0065pay 0.0008% / 1h38m 38s$589K$119K25x
ShortHTX DOGE-USDT0.098490.0100get 0.0100% / 8h6h 38m$5.9M$54.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$7.35
Price spread: −0.026% → +0.021%
−$4.79
Slippage, 4 orders
−$16.22
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$32.66
Costs to cover
0.352%
Break-even
38.1 days
Slippage from Deribit: live order book, 30 min ago; HTX: live order book, 6 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, 30 min ago4.46 bp8.0 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 6 min ago1.21 bp7.8 bp −$811.2 bp −$11249.5 bp −$4,950doesn'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−0.0130%8h0.09837−0.152%$149.2M$273.8M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09848−0.036%$386K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09847−0.052%$23K150xas long as short
dYdX DOGE-USD+0.0027%1h0.09846−0.062%$221K$51K10xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0065%1h0.09852long leg$589K$119K25x
Kraken Futures PF_DOGEUSD+0.0067%1h0.09850−0.022%$5.8M$34.2M50xas long as short
Lighter DOGE+0.0096%1h0.09850−0.017%$737K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09842−0.102%$1K$432K10xas long as short
Gate DOGE_USDT+0.0099%8h0.09841−0.112%$239.2M$131.2M75xas long as short
Nado DOGE-PERP+0.0100%1h0.09855+0.030%$478K$981K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09849−0.030%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09847−0.046%$325K$504K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09844−0.078%$312.0M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09844−0.081%$156.5M$445.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09846−0.061%$108.5M$971.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09856+0.041%$127K$182K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+1.399%$383K$5K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09845−0.071%$109.7M$228.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09845−0.071%$65.3M$43.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09840−0.122%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.098520.000%$341K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09845−0.071%$971K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09944+0.932%$274K$126.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09850−0.018%$618K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09930+0.792%$145K$275K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09845−0.067%$254K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09849−0.030%$69K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09849−0.031%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09857+0.051%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09855+0.030%$2K$3.7M10xas long as short
HTX DOGE-USDTshort+0.0100%8h0.09849−0.026%$5.9M$54.9M75x
Phemex DOGEUSDT+0.0100%8h0.09849−0.030%$90.8M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09841−0.109%$521K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09855+0.031%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0114%8h0.09845−0.074%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09851−0.006%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09842−0.105%$525$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09978+1.279%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09862+0.102%$2.0M$24.9M50xas long as short
Phoenix DOGE+0.0241%1h0.09873+0.211%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0267%1h0.09846−0.058%$306K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09846−0.056%$317K$405K10xas long as short
Hyperliquid DOGE+0.0679%1h0.09860+0.081%$119.6M$96.9M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09890+0.386%$5K$239K12xas long as short