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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against edgeX−0.281%61s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.278% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.099%−$10 on $10k
Price spread, last 7 days+0.297%+$30 · spread now −0.281%, 7d avg +0.028%
Together, before fees+0.198%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.310% cheaper against edgeX than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.099830.0100pay 0.0050% / 4h2h 44m$268K$127.0M20x
ShortBybit DOGEUSDT0.099550.0100get 0.0100% / 8h6h 44m$158.0M$442.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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
$0
Price spread: −0.281% → +0.028%
−$30.96
Slippage, 4 orders
−$7.76
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$58.72
Costs to cover
0.278%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; Bybit: live order book, 5 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 edgeX live order book, 5 min ago2.00 bp6.5 bp −$76.9 bp −$6913.9 bp −$1,386doesn't fit
Sell Bybit live order book, 5 min ago0.50 bp6.9 bp −$710.3 bp −$10324.4 bp −$2,43748.2 bp −$24.1K

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
Bitget DOGEUSDT−0.0137%8h0.09926−0.572%$150.6M$272.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09947−0.363%$409K$4.9M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09940−0.427%$23K150xas long as short
dYdX DOGE-USD+0.0037%1h0.09940−0.432%$223K$59K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09937−0.461%$5.8M$34.0M50xas long as short
Lighter DOGE+0.0096%1h0.09948−0.349%$764K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.09950−0.331%$832$429K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09942−0.410%$4.7M$47.9M75xas long as short
Pacifica DOGE+0.0100%1h0.09949−0.341%$329K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09950−0.336%$316.1M$1.42B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDTshort+0.0100%8h0.09955−0.281%$158.0M$442.0M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.09955−0.281%$109.3M$972.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09960−0.231%$128K$181K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.068%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09941−0.422%$240.8M$130.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09944−0.392%$110.8M$225.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09944−0.392%$65.2M$42.7M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09949−0.341%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09947−0.361%$351K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09951−0.322%$969K$8.2Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.09983long leg$268K$127.0M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09976−0.071%$637K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.031%$146K$275K25xas long as short
Nado DOGE-PERP+0.0100%1h0.09931−0.517%$487K$976K10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09943−0.401%$256K$641K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09941−0.422%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09941−0.418%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09947−0.358%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09941−0.422%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09945−0.383%$6.0M$54.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09942−0.412%$91.7M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09947−0.357%$526K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09940−0.435%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0112%1h0.09942−0.407%$594K$119K25xas long as short
Paradex DOGE-USD-PERP+0.0116%8h0.09940−0.432%$18K$7K30xas long as short
Reya DOGERUSDPERP+0.0183%1h0.09934−0.493%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09952−0.313%$530$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09978−0.051%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09951−0.321%$2.0M$24.9M50xas long as short
Phoenix DOGE+0.0241%1h0.09962−0.211%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0268%1h0.09939−0.439%$310K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09954−0.293%$320K$406K10xas long as short
Hyperliquid DOGE+0.0701%1h0.09957−0.256%$121.0M$97.0M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09970−0.131%$5K$239K12xas long as short