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−0.0100%/8h= −10.9% APRnext payment $0.12 per $10,000 · paid last 24h −0.026%
Price spread now: gTrade (Gains Network) against Derive−0.029%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.029% cheaper against Derive than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive DOGE-PERP0.10450.0100pay 0.0013% / 1h46m 15s$26K$1K10x
ShortgTrade (Gains Network) DOGE/USD0.1045L +0.0001% / S 0.0000%get 0.0000% / 1h46m 15s$25K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.97
Price spread: −0.029% → 0.000%
−$2.87
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$39.84
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample
Derive and gTrade (Gains Network): 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
dYdX DOGE-USD0.0000%1h0.1044−0.134%$234K$70K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1044−0.115%$728K$6.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDshortL +0.0001% / S 0.0000%1h0.1045−0.029%$25K150x
Bitget DOGEUSDT+0.0007%8h0.1045−0.002%$141.7M$308.0M75xas long as short
Lighter DOGE+0.0096%1h0.1046+0.097%$751K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1044−0.078%$567K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1044−0.057%$5.1M$53.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1044−0.071%$337K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1045−0.015%$346.8M$1.57B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1045−0.031%$172.6M$487.0M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1045−0.002%$119.4M$1.14B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1047+0.155%$402K$11K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1044−0.059%$258.2M$141.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1045−0.012%$116.9M$239.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1045−0.012%$68.8M$47.2M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1045−0.021%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1043−0.203%$352K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1052+0.626%$1.2M$8.3Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1044−0.050%$333K$134.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1043−0.155%$659K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1044−0.098%$164K$316K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1044−0.136%$268K$889K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1045−0.002%$73K$440K50xas long as short
Derive DOGE-PERPlong+0.0100%1h0.1045long leg$26K$1K10x
SunX DOGE-USDT+0.0100%8h0.1045+0.030%$37K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1045+0.027%$2K$4.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1045−0.002%$6.2M$63.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1045−0.012%$96.1M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.1043−0.162%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1045−0.006%$505K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1045+0.033%$20K3xas long as short
Katana Perps DOGE-USD+0.0125%8h0.1044−0.088%$1K$485K10xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1044−0.081%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1044−0.098%$16.2M$27.3M75xas long as short
Phoenix DOGE+0.0235%1h0.1045−0.017%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0241%1h0.1045−0.001%$5.6M$37.7M50xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1044−0.061%$464$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0320%1h0.1045−0.035%$345K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1045+0.036%$2.0M$32.0M50xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0439%1h0.1046+0.051%$589K$242K25xas long as short
Hyperliquid DOGE+0.0578%1h0.1045+0.036%$129.4M$107.2M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1045−0.050%$113K$200K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1044−0.068%$421K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.764%$6K$242K12xas long as short