Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%

Price spread now: OKX against Extended+0.054%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$220.218% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 7 days−0.066%−$7 · spread now +0.054%, 7d avg +0.055%

Together, before fees−0.128%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DOGE-USD	0.1000	0.0104	pay 0.0013% / 1h	22m 58s	$488K	$4.1M	50x
Short	OKX DOGE-USDT-SWAP	0.1001	0.0100	get 0.0100% / 8h	1h 22m	$117.6M	$1.21B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee ExtendedbpFee OKXbpOrdersPrice spread, now +0.054%Rate

Funding earned: −$0.84
Price spread: +0.054% → +0.055%: −$0.12
Slippage, 4 orders: −$6.83
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$22.79
Costs to cover: 0.218%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 1 min ago	1.00 bp	5.3 bp −$5	6.2 bp −$62	14.7 bp −$1,468	doesn't fit
Sell OKX live order book, 1 min ago	0.50 bp	6.0 bp −$6	8.8 bp −$88	16.0 bp −$1,604	40.4 bp −$20.2K

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_DOGEUSD	−0.0082%	1h	0.1001	+0.042%	$5.6M	$40.5M	50x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1000	−0.045%	$225K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1000	−0.024%	$612K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1000	−0.019%	$36K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.252%	$6K	$242K	12x	as long as short
Polymarket Perps DOGE-USD	+0.0046%	1h	0.09991	−0.138%	$262K	$1.2M	10x	as long as short
Bitget DOGEUSDT	+0.0058%	8h	0.1000	−0.036%	$142.1M	$344.3M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.1002	+0.163%	$18K	$382K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1001	+0.065%	$847K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09999	−0.061%	$540K	$1.1M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.1001	+0.008%	$4.5M	$58.5M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1000	−0.026%	$320K	$500K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1001	+0.014%	$329.5M	$1.71B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1000	−0.036%	$165.3M	$520.9M	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.1001	+0.054%	$117.6M	$1.21B	50x
Bulk DOGE-USD	+0.0100%	1h	0.09990	−0.146%	$384K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09999	−0.056%	$250.1M	$156.7M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1000	−0.006%	$111.2M	$258.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1000	−0.006%	$66.7M	$50.1M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1000	−0.036%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1000	−0.006%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1001	+0.091%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1000	−0.042%	$303K	$140.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	+0.035%	$631K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1000	−0.046%	$150K	$338K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1001	+0.004%	$66K	$467K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09967	−0.379%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1001	+0.038%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1001	+0.034%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09991	−0.133%	$5.9M	$68.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1000	−0.006%	$91.8M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1000	−0.041%	$18K	$5K	30x	as long as short
Extended DOGE-USDlong	+0.0104%	1h	0.1000	long leg	$488K	$4.1M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.1001	+0.018%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0108%	8h	0.09994	−0.106%	$835	$536K	10x	as long as short
Hyperliquid DOGE	+0.0133%	1h	0.1001	+0.064%	$124.3M	$116.4M	10x	as long as short
Reya DOGERUSDPERP	+0.0197%	1h	0.09995	−0.093%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1000	−0.026%	$16.2M	$27.1M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1001	+0.034%	$1.9M	$34.9M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.1000	−0.022%	$315K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0272%	1h	0.1000	−0.042%	$445	$4K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0310%	1h	0.1001	+0.063%	$574K	$252K	25x	as long as short
Arcus DOGE-USD	+0.0387%	1h	0.09995	−0.096%	$18K	$307K	10x	as long as short
RISEx DOGE/USDC	+0.0626%	1h	0.09999	−0.056%	$403K	$457K	10x	as long as short