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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0900%/8h= +98.6% APRnext payment +$1.13 per $10,000 · paid last 24h +0.203%
Price spread now: Injective against Extended+0.031%7-day average +0.239% · you sell dearer than you buy
Net, funding: paid 7d − costs+$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$790.794% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.484%+$148 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.031%, 7d avg +0.239%
Together, before fees+1.374%+ Points / potential airdropExtended: Active · farm board+$137 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.207% cheaper against Extended than usual: you would sell low and buy high (spread +0.031% now, against its 7-day average of +0.239%). If the spread goes back, that is −$21 on $10k: about 18 hours of funding at the current rate (+$27 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DOGE-USD0.10030.0104pay 0.0013% / 1h17m 18s$491K$4.1M50x
ShortInjective DOGE/USDC PERP0.10030.1004get 0.0126% / 1h17m 18s$5K$239K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Extended. 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
$189.05
Price spread: +0.031% → +0.239%
−$20.72
Slippage, 4 orders
−$74.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$88.97
Costs to cover
0.794%
Break-even
3.7 days
Slippage from Extended: live order book, 2 min ago; Injective: live order book, 42 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 Extended live order book, 2 min ago0.50 bp5.7 bp −$66.7 bp −$6713.4 bp −$1,336doesn't fit
Sell Injective live order book, 42 min ago35.30 bp35.3 bp −$35doesn't fitdoesn't fitdoesn'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
Bitget DOGEUSDT−0.0037%8h0.1002−0.048%$151.5M$276.8M75xas long as short
Kraken Futures PF_DOGEUSD−0.0031%1h0.1003+0.057%$5.7M$35.7M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09993−0.337%$395K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1003+0.016%$24K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1003+0.005%$225K$49K10xas long as short
Lighter DOGE+0.0096%1h0.1003+0.014%$735K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1003+0.022%$1K$457K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1003−0.003%$527K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1003+0.039%$4.7M$49.6M75xas long as short
Pacifica DOGE+0.0100%1h0.1003+0.059%$325K$484K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1003+0.061%$324.7M$1.47B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1003+0.012%$164.2M$448.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1003+0.022%$113.9M$1.02B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1002−0.072%$385K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1003−0.008%$247.2M$135.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1003+0.012%$112.0M$235.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1003+0.012%$66.5M$43.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1003+0.002%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001−0.198%$321K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09987−0.401%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09996−0.306%$296K$130.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09995−0.318%$629K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.268%$146K$289K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1002−0.058%$259K$863K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1003−0.008%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1003−0.012%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1004+0.113%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1003+0.051%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09972−0.546%$5.9M$58.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09993−0.338%$91.9M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1003+0.038%$18K$7K30xas long as short
Extended DOGE-USDlong+0.0104%1h0.1003long leg$491K$4.1M50x
Aevo DOGE-PERP+0.0104%1h0.1003+0.031%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0159%1h0.1003+0.055%$600K$119K25xas long as short
Reya DOGERUSDPERP+0.0190%1h0.1003−0.016%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.1004+0.131%$535$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09997−0.298%$15.8M$25.4M75xas long as short
Phoenix DOGE+0.0242%1h0.1001−0.213%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0269%1h0.1003+0.034%$314K200xas long as short
Hyperliquid DOGE+0.0265%1h0.1003+0.081%$122.3M$101.5M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.1004+0.091%$2.3M$27.5M50xas long as short
Arcus DOGE-USD+0.0690%1h0.1005+0.191%$110K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.1004+0.131%$406K$413K10xas long as short
Injective DOGE/USDC PERPshort+0.1004%1h0.1003+0.031%$5K$239K12x