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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h +0.018%
Price spread now: Kraken Futures against edgeX+0.479%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs+$12as in the Price arb table
costs, in and out, $10k−$330.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)−0.492%−$49 · spread now +0.479%, 7d avg +0.029%
Together, before fees−0.475%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.450% dearer against edgeX than usual: you sell high and buy low (spread +0.479% now, against its 7-day average of +0.029%): +$45 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 7.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.098560.0100pay 0.0050% / 4h3h 21m$261K$139.4M20x
ShortKraken Futures PF_DOGEUSD0.09903−0.0096pay 0.0012% / 1h21m 04s$5.5M$40.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$41.19
Price spread: +0.479% → +0.029%
$45.05
Slippage, 4 orders
−$13.79
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$28.93
Costs to cover
0.328%
Break-even
from the start
Slippage from edgeX: live order book, 3 min ago; Kraken Futures: live order book, 3 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, 3 min ago2.03 bp6.5 bp −$76.9 bp −$6914.3 bp −$1,426doesn't fit
Sell Kraken Futures live order book, 3 min ago1.52 bp11.1 bp −$1115.0 bp −$15037.7 bp −$3,769221.9 bp −$110.9K

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
Kraken Futures PF_DOGEUSDshort−0.0096%1h0.09903+0.479%$5.5M$40.9M50x
Bitget DOGEUSDT−0.0014%8h0.09888+0.326%$140.0M$347.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09909+0.540%$514K$6.7M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09898+0.423%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.840%$6K$242K12xas long as short
Gate DOGE_USDT+0.0064%8h0.09900+0.448%$250.1M$155.4M75xas long as short
Phoenix DOGE+0.0081%1h0.09887+0.319%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09908+0.528%$824K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09871+0.154%$825$545K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09879+0.235%$508K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09910+0.545%$123.5M$116.4M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09900+0.446%$4.9M$59.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09883+0.276%$321K$481K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09898+0.428%$326.6M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09893+0.377%$166.1M$524.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09896+0.408%$114.7M$1.19B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09883+0.276%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09784−0.727%$374K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09903+0.479%$116.9M$264.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09902+0.468%$65.8M$49.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09903+0.479%$53.6Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09904+0.489%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09791−0.657%$1.0M$8.4Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.09856long leg$261K$139.4M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09870+0.139%$631K$4.2M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870+0.144%$140K$348K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09880+0.247%$257K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09903+0.479%$71K$465K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09809−0.478%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09907+0.522%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09903+0.479%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09902+0.465%$5.9M$69.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09902+0.468%$90.5M$16.4M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09880+0.244%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09901+0.454%$478K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09903+0.473%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0184%1h0.09908+0.529%$555K$301K25xas long as short
Reya DOGERUSDPERP+0.0202%1h0.09885+0.300%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09910+0.550%$2.2M$34.8M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09904+0.489%$15.6M$26.9M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09880+0.246%$455$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0227% / S −0.0267%1h0.09898+0.430%$329K200xas long as short
dYdX DOGE-USD+0.0439%1h0.09877+0.210%$232K$74K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.09899+0.441%$398K$449K10xas long as short