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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.037%
Price spread now: Coinbase International against Derive−0.007%183s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 183 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive DOGE-PERP0.098090.0100pay 0.0013% / 1h26m 47s$18K$7K10x
ShortCoinbase International DOGE-PERP-INTX0.098080.0208get 0.0026% / 1h26m 47s$1.9M$34.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Derive. 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
$22.68
Price spread: −0.007% → 0.000%
−$0.7
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$5.98
Costs to cover
0.160%
Break-even
5.2 days
Slippage unknown: Derive: no order-book sample; Coinbase International: live order book, 2 min ago. 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 Derive no order-book sample
Sell Coinbase International live order book, 2 min ago2.04 bp9.1 bp −$913.5 bp −$13541.6 bp −$4,158doesn't fit
Derive: 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 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
Kraken Futures PF_DOGEUSD−0.0097%1h0.09803−0.060%$5.4M$40.7M50xas long as short
Bitget DOGEUSDT−0.0015%8h0.09794−0.150%$138.8M$347.1M75xas long as short
Gate DOGE_USDT−0.0008%8h0.09799−0.099%$247.6M$154.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09812+0.035%$537K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09788−0.209%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.354%$6K$242K12xas long as short
Phoenix DOGE+0.0081%1h0.09816+0.072%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09809+0.006%$816K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09797−0.119%$2K$545K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09802−0.063%$501K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09807−0.017%$122.2M$117.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09803−0.055%$4.9M$58.9M75xas long as short
Pacifica DOGE+0.0100%1h0.09813+0.043%$318K$481K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09804−0.049%$323.6M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09795−0.139%$162.7M$523.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09802−0.068%$113.4M$1.18B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09806−0.027%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09784−0.250%$374K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09801−0.078%$115.6M$261.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09801−0.078%$65.1M$49.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09800−0.089%$53.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09806−0.027%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09822+0.135%$1.0M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09824+0.158%$298K$139.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09821+0.126%$617K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09830+0.217%$140K$347K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09806−0.027%$255K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09799−0.099%$70K$465K50xas long as short
Derive DOGE-PERPlong+0.0100%1h0.09809long leg$18K$7K10x
SunX DOGE-USDT+0.0100%8h0.09808−0.011%$34K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09803−0.058%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09806−0.031%$5.8M$69.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09809+0.003%$89.6M$16.5M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09806−0.027%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09797−0.117%$476K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09800−0.089%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0158%1h0.09804−0.046%$555K$298K25xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0166% / S −0.0068%1h0.09806−0.025%$351K200xas long as short
Reya DOGERUSDPERP+0.0202%1h0.09803−0.055%$2K20xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0208%1h0.09808−0.007%$1.9M$34.6M50x
BloFin DOGE-USDT+0.0220%8h0.09809+0.003%$15.5M$26.7M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09810+0.016%$452$4K10xas long as short
dYdX DOGE-USD+0.0505%1h0.09812+0.032%$230K$74K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.09786−0.231%$394K$449K10xas long as short