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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0092%/8h= −10.1% APRnext payment $0.12 per $10,000 · paid last 24h −0.027%
Price spread now: Deribit against Derive+0.025%7-day average · you sell dearer than you buy
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 3 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 pays, funding is against you. Deribit is 0.025% dearer against Derive than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive DOGE-PERP0.10090.0100pay 0.0013% / 1h29m 44s$25K$1K10x
ShortDeribit DOGE_USDC-PERPETUAL0.10100.0008get 0.0001% / 1h29m 44s$607K$121K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$19.32
Price spread: +0.025% → 0.000%
$2.47
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$29.85
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Deribit: live order book, 44 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 Deribit live order book, 44 min ago3.53 bp9.4 bp −$937.2 bp −$372doesn't fitdoesn'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
Phemex DOGEUSDT−0.0341%8h0.1009−0.013%$93.2M$17.8M50xas long as short
Bitget DOGEUSDT−0.0185%8h0.1009−0.043%$153.6M$270.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1010+0.041%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1011+0.144%$409K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1009−0.014%$24K150xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0008%1h0.1010+0.025%$607K$121K25x
dYdX DOGE-USD+0.0019%1h0.1010+0.022%$227K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1011+0.122%$790K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1009−0.043%$843$410K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1009−0.062%$517K$973K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1011+0.146%$5.0M$46.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1010+0.039%$336K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1011+0.119%$321.3M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1010+0.066%$160.3M$437.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1010+0.056%$110.9M$973.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1010+0.086%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.423%$385K$9K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1010+0.096%$245.6M$129.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1011+0.146%$114.1M$224.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1011+0.146%$66.3M$42.6M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1010+0.096%$76.1Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1011+0.155%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.066%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1008−0.190%$265K$123.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1007−0.271%$643K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1006−0.340%$148K$267K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1009−0.043%$273K$589K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1009+0.007%$73K$424K50xas long as short
Derive DOGE-PERPlong+0.0100%1h0.1009long leg$25K$1K10x
SunX DOGE-USDT+0.0100%8h0.1010+0.011%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1010+0.017%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1009−0.053%$6.0M$52.6M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1010+0.016%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1011+0.120%$532K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1009−0.003%$19K3xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1009−0.034%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1010+0.063%$533$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1011+0.126%$15.4M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1010+0.066%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0240%1h0.1008−0.171%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0263%1h0.1009−0.015%$311K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1010+0.046%$320K$477K10xas long as short
Hyperliquid DOGE+0.0848%1h0.1011+0.165%$123.1M$94.5M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1014+0.453%$5K$239K12xas long as short