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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0217%/8h= −23.8% APRnext payment $0.27 per $10,000 · paid last 24h +0.178%
Price spread now: Injective against GMX+5.562%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 5.562% dearer against GMX than usual: you sell high and buy low (spread +5.562% now, against zero (this spread has no 7-day history yet)): +$556 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX DOGE/USD [ETH-USDC]0.09975L +0.0250% / S −0.0297%pay 0.0031% / 1h46m 43s$314K200x
ShortInjective DOGE/USDC PERP0.10530.0033get 0.0004% / 1h46m 43s$6K$242K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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
−$45.58
Price spread: +5.562% → 0.000%
$556.18
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$498.58
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Injective: live order book, 17 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Injective live order book, 17 min ago34.98 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0083%1h0.09975−0.003%$5.7M$40.5M50xas long as short
Polymarket Perps DOGE-USD−0.0007%1h0.09974−0.009%$266K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.09978+0.027%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09974−0.010%$600K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09975+0.002%$34K150xas long as short
Injective DOGE/USDC PERPshort+0.0033%1h0.1053+5.562%$6K$242K12x
Bitget DOGEUSDT+0.0078%8h0.09969−0.062%$142.2M$344.4M75xas long as short
Phoenix DOGE+0.0080%1h0.1002+0.430%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09980+0.045%$851K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09986+0.108%$539K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09979+0.041%$4.6M$58.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09979+0.041%$319K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09980+0.052%$327.7M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09978+0.028%$165.1M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09979+0.038%$116.5M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.148%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09969−0.062%$250.2M$154.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09980+0.048%$110.5M$257.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09974−0.012%$66.3M$50.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09977+0.018%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09973−0.022%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992+0.167%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1000+0.253%$303K$140.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1000+0.263%$640K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.249%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09978+0.028%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09976+0.006%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09982+0.064%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09977+0.018%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09977+0.018%$5.9M$69.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09976+0.008%$91.6M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09976+0.012%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09970−0.054%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09978+0.023%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09977+0.018%$834$530K10xas long as short
Hyperliquid DOGE+0.0113%1h0.09980+0.052%$123.6M$116.2M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09975−0.004%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09975−0.002%$16.2M$27.0M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0231%1h0.09981+0.053%$573K$252K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09983+0.078%$1.9M$34.7M50xas long as short
01 Exchange DOGEUSD+0.0248%1h0.09982+0.070%$444$4K10xas long as short
GMX DOGE/USD [ETH-USDC]longL +0.0250% / S −0.0297%1h0.09975long leg$314K200x
Arcus DOGE-USD+0.0387%1h0.09971−0.042%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09978+0.023%$402K$452K10xas long as short