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−0.0176%/8h= −19.3% APRpaid last 24h −0.143%
Price spread now: edgeX against Hyperliquid−0.564%66s7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.117%−$12 on $10k
Price spread, last 7 days+0.540%+$54 · spread now −0.564%, 7d avg −0.080%
Together, before fees+0.422%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 0.484% cheaper against Hyperliquid than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.080%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DOGE0.099210.0276pay 0.0035% / 1h42m 21s$120.7M$100.3M10x
ShortedgeX DOGEUSDC0.098650.0100get 0.0050% / 4h42m 21s$293K$129.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Hyperliquid. 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
−$37.03
Price spread: −0.564% → −0.080%
−$48.4
Slippage, 4 orders
−$6.71
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$110.15
Costs to cover
0.247%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; edgeX: live order book, 2 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 Hyperliquid live order book, 12 min ago0.81 bp6.2 bp −$68.5 bp −$85doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago2.02 bp6.5 bp −$76.9 bp −$6914.0 bp −$1,396doesn'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−0.0057%8h0.09908−0.130%$149.7M$275.1M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09898−0.231%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09900−0.211%$393K$5.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09899−0.220%$592K$118K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09913−0.075%$23K150xas long as short
dYdX DOGE-USD+0.0036%1h0.09917−0.037%$223K$49K10xas long as short
Polymarket Perps DOGE-USD+0.0069%1h0.09915−0.062%$258K$831K10xas long as short
Lighter DOGE+0.0096%1h0.09917−0.044%$728K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09908−0.130%$895$449K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09911−0.095%$525K$1.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09913−0.080%$4.6M$49.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09917−0.035%$322K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09916−0.049%$316.7M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09915−0.059%$161.0M$443.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09912−0.090%$110.8M$991.1M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.362%$380K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09915−0.059%$243.1M$133.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09919−0.019%$111.2M$234.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09919−0.019%$65.5M$43.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09911−0.100%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09896−0.251%$310K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09876−0.456%$1.0M$8.2Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.09865−0.564%$293K$129.4M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09876−0.453%$622K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09880−0.412%$144K$284K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09915−0.059%$69K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09894−0.266%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09903−0.176%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09899−0.221%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09903−0.184%$5.9M$57.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09897−0.241%$91.0M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09916−0.050%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09908−0.125%$495K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09898−0.234%$19K3xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09916−0.048%$529$4K10xas long as short
Reya DOGERUSDPERP+0.0189%1h0.09916−0.048%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09901−0.201%$15.5M$25.0M75xas long as short
Phoenix DOGE+0.0242%1h0.09885−0.360%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09901−0.199%$310K200xas long as short
Hyperliquid DOGElong+0.0276%1h0.09921long leg$120.7M$100.3M10x
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09907−0.140%$2.3M$26.7M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09922+0.011%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09917−0.044%$400K$412K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09940+0.193%$5K$239K12xas long as short