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+0.0087%/8h= +9.5% APRpaid last 24h +0.003%
Price spread now: MEXC against dYdX+0.044%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1031.030% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.044%, 7d avg +0.006%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.038% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DOGE-USD0.099340.0013pay 0.0002% / 1h17m 33s$223K$49K10x
ShortMEXC DOGE_USDT0.099380.0100get 0.0100% / 8h6h 17m$110.8M$230.1M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$18.19
Price spread: +0.044% → +0.006%
$3.77
Slippage, 4 orders
−$92.95
Fee dYdX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$80.98
Costs to cover
1.030%
Break-even
38.2 days
Slippage from dYdX: live order book, 51 min ago; MEXC: live order book, 2 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, 51 min ago45.97 bp51.0 bp −$5154.3 bp −$54363.0 bp −$6,30571.6 bp −$35.8K
Sell MEXC live order book, 2 min ago0.50 bp0.5 bp −$12.4 bp −$2411.1 bp −$1,11147.4 bp −$23.7K

DOGE on 43 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−0.0105%8h0.09926−0.077%$150.5M$273.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09949+0.155%$390K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09935+0.015%$23K150xas long as short
dYdX DOGE-USDlong+0.0013%1h0.09934long leg$223K$49K10x
Kraken Futures PF_DOGEUSD+0.0067%1h0.09947+0.131%$5.8M$34.2M50xas long as short
Lighter DOGE+0.0096%1h0.09945+0.111%$821K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09927−0.067%$829$428K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09930−0.032%$532K$991K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09934+0.008%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09938+0.047%$327K$503K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09929−0.046%$314.9M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09930−0.037%$157.2M$440.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09932−0.017%$110.0M$977.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09942+0.084%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09984+0.505%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09926−0.077%$240.8M$132.7M75xas long as short
MEXC DOGE_USDTshort+0.0100%8h0.09938+0.044%$110.8M$230.1M300x
KuCoin DOGEUSDTM+0.0100%8h0.09937+0.034%$65.7M$43.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09928−0.057%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09934+0.003%$339K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09945+0.111%$992K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09925−0.083%$280K$128.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09927−0.070%$634K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09930−0.037%$145K$270K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09932−0.012%$256K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09945+0.114%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09944+0.109%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09952+0.183%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09949+0.154%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09948+0.143%$5.9M$55.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09939+0.054%$91.6M$16.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09926−0.078%$558K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09947+0.132%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0109%8h0.09933−0.005%$18K$6K30xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0122%1h0.09949+0.157%$594K$118K25xas long as short
Reya DOGERUSDPERP+0.0185%1h0.09932−0.016%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09935+0.015%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09946+0.124%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0241%1h0.09939+0.052%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09946+0.128%$310K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09935+0.018%$400K$367K10xas long as short
Hyperliquid DOGE+0.0700%1h0.09944+0.101%$121.9M$98.0M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1000+0.668%$5K$239K12xas long as short