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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.010%
Price spread now: Deribit against Gate+0.048%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.122%−$12 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.048%, 7d avg +0.025%
Together, before fees−0.130%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DOGE_USDT0.099010.0100pay 0.0100% / 8h19m 59s$248.7M$158.1M75x
ShortDeribit DOGE_USDC-PERPETUAL0.099060.0144get 0.0018% / 1h19m 59s$569K$257K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Gate. 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
$9.24
Price spread: +0.048% → +0.025%
$2.38
Slippage, 4 orders
−$17.72
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$28.11
Costs to cover
0.397%
Break-even
28.3 days
Slippage from Gate: live order book, 4 min ago; Deribit: live order book, 19 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 Gate live order book, 4 min ago0.51 bp10.3 bp −$1018.1 bp −$18128.3 bp −$2,83347.4 bp −$23.7K
Sell Deribit live order book, 19 min ago4.54 bp9.0 bp −$914.4 bp −$144doesn'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
Kraken Futures PF_DOGEUSD−0.0060%1h0.09903+0.023%$5.5M$40.9M50xas long as short
dYdX DOGE-USD0.0000%1h0.09893−0.085%$222K$63K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09899−0.018%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09903+0.019%$35K150xas long as short
Bitget DOGEUSDT+0.0007%8h0.09902+0.010%$140.4M$347.7M75xas long as short
Polymarket Perps DOGE-USD+0.0023%1h0.09898−0.033%$258K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.353%$6K$242K12xas long as short
Lighter DOGE+0.0096%1h0.09912+0.108%$828K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09897−0.035%$535K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09911+0.097%$123.4M$117.3M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09905+0.041%$4.5M$59.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09897−0.042%$321K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09906+0.055%$327.2M$1.73B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09903+0.020%$163.9M$526.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09908+0.071%$115.1M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09903+0.020%$16K$311K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09914+0.131%$379K$16K10xas long as short
Gate DOGE_USDTlong+0.0100%8h0.09901long leg$248.7M$158.1M75x
MEXC DOGE_USDT+0.0100%8h0.09906+0.050%$117.1M$259.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09903+0.020%$66.1M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09906+0.050%$53.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09906+0.050%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09880−0.214%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09892−0.089%$300K$139.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09892−0.092%$623K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−0.111%$141K$345K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09900−0.010%$71K$473K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09900−0.008%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09901+0.004%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09904+0.030%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09905+0.036%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09905+0.040%$90.6M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09899−0.021%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09903+0.024%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09903+0.015%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09898−0.030%$827$542K10xas long as short
Deribit DOGE_USDC-PERPETUALshort+0.0144%1h0.09906+0.048%$569K$257K25x
Phoenix DOGE+0.0160%1h0.09907+0.062%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0200%1h0.09896−0.048%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09906+0.050%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09890−0.111%$15.4M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09908+0.072%$441$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09902+0.012%$312K200xas long as short
RISEx DOGE/USDC+0.0731%1h0.09909+0.085%$404K$461K10xas long as short