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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.009%
Price spread now: KuCoin against dYdX−0.102%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$970.974% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.102%, 7d avg +0.005%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.107% cheaper against dYdX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.005%). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.041% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DOGE-USD0.099790get 0.0000% / 1h44m 19s$224K$70K10x
ShortKuCoin DOGEUSDTM0.099690.0100get 0.0100% / 8h2h 44m$66.2M$49.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against dYdX. 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
$21
Price spread: −0.102% → +0.005%
−$10.7
Slippage, 4 orders
−$75.41
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$87.11
Costs to cover
0.974%
Break-even
36.0 days
Slippage from dYdX: live order book, 5 min ago; KuCoin: live order book, 10 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 dYdX live order book, 5 min ago23.51 bp28.5 bp −$2959.9 bp −$59970.4 bp −$7,03874.6 bp −$37.3K
Sell KuCoin live order book, 10 min ago2.00 bp11.8 bp −$1221.4 bp −$21447.4 bp −$4,739doesn'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
Polymarket Perps DOGE-USD−0.0003%1h0.09960−0.187%$266K$1.2M10xas long as short
dYdX DOGE-USDlong0.0000%1h0.09979long leg$224K$70K10x
Kalshi KXDOGEPERP0.0000%8h0.09988+0.091%$645K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09963−0.167%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09958−0.209%$5.5M$39.6M50xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0081%1h0.09965−0.146%$566K$248K25xas long as short
Lighter DOGE+0.0096%1h0.09987+0.078%$741K$6.5M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09967−0.127%$540K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09966−0.137%$4.5M$56.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09982+0.027%$319K$516K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09964−0.152%$324.8M$1.66B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09963−0.162%$162.8M$513.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09964−0.152%$114.9M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1000+0.212%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09962−0.172%$247.1M$150.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09965−0.142%$113.5M$250.6M300xas long as short
KuCoin DOGEUSDTMshort+0.0100%8h0.09969−0.102%$66.2M$49.2M75x
Bitget DOGEUSDT+0.0100%8h0.09958−0.212%$131.2M$326.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09967−0.122%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09977−0.022%$309K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09959−0.205%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09982+0.030%$312K$138.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09977−0.022%$631K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980+0.008%$149K$338K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09964−0.152%$64K$464K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09962−0.174%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09970−0.093%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09958−0.212%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09957−0.223%$5.9M$67.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09979−0.002%$91.8M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09977−0.018%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09957−0.224%$480K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09960−0.194%$19K3xas long as short
Katana Perps DOGE-USD+0.0113%8h0.09962−0.172%$1K$517K10xas long as short
Hyperliquid DOGE+0.0126%1h0.09973−0.062%$124.4M$114.2M10xas long as short
01 Exchange DOGEUSD+0.0160%1h0.09969−0.105%$443$4K10xas long as short
Reya DOGERUSDPERP+0.0194%1h0.09962−0.175%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09976−0.032%$16.0M$26.9M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09976−0.032%$108K$207K10xas long as short
Phoenix DOGE+0.0240%1h0.09981+0.020%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0251% / S −0.0288%1h0.09962−0.173%$322K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09960−0.192%$2.0M$33.8M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09972−0.074%$402K$440K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+5.519%$6K$242K12xas long as short