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+0.0067%/8h= +7.3% APRpaid last 24h −0.216%
Price spread now: edgeX against Injective−5.090%7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$570as in the Price arb table
costs, in and out, $10k−$830.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.497%−$150 on $10k
Price spread, last 4 days (all we have)+5.114%+$511 · spread now −5.090%, 7d avg −0.217%
Together, before fees+3.616%+ Points / potential airdropedgeX: Active · farm board+$362 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 4.872% cheaper against Injective than usual: you would sell low and buy high (spread −5.090% now, against its 7-day average of −0.217%). If the spread goes back, that is −$487 on $10k: about 8 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.497%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DOGE/USDC PERP0.10530.0033pay 0.0004% / 1h48m 16s$6K$242K12x
ShortedgeX DOGEUSDC0.099940.0100get 0.0050% / 4h1h 48m$303K$140.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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
$14
Price spread: −5.090% → −0.217%
−$487.24
Slippage, 4 orders
−$73.96
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$556.22
Costs to cover
0.830%
Break-even
285.1 days
Slippage from Injective: live order book, 16 min ago; edgeX: live order book, 1 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 Injective live order book, 16 min ago34.98 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago2.00 bp6.5 bp −$66.9 bp −$6913.8 bp −$1,384doesn'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−0.0083%1h0.09986−5.163%$5.7M$40.4M50xas long as short
Polymarket Perps DOGE-USD−0.0011%1h0.09982−5.207%$267K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.09995−5.084%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001−4.963%$602K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09981−5.213%$34K150xas long as short
Injective DOGE/USDC PERPlong+0.0033%1h0.1053long leg$6K$242K12x
Bitget DOGEUSDT+0.0079%8h0.09976−5.261%$142.3M$344.3M75xas long as short
Phoenix DOGE+0.0080%1h0.1002−4.861%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09990−5.131%$853K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09986−5.166%$539K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09986−5.166%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09999−5.043%$320K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09985−5.172%$327.9M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09981−5.214%$165.2M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09984−5.185%$116.6M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990−5.128%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09980−5.223%$250.9M$154.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09986−5.166%$110.6M$257.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09985−5.176%$66.4M$50.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09984−5.185%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001−4.976%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992−5.111%$1.1M$8.7Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.09994−5.090%$303K$140.2M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.1000−5.020%$640K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−5.223%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09985−5.176%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09983−5.196%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09991−5.123%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09984−5.185%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09985−5.179%$5.9M$69.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09984−5.185%$91.7M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09997−5.062%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09980−5.225%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09985−5.176%$19K3xas long as short
Katana Perps DOGE-USD+0.0110%8h0.09988−5.147%$834$530K10xas long as short
Hyperliquid DOGE+0.0111%1h0.09993−5.097%$123.8M$116.2M10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0141%1h0.09987−5.154%$573K$252K25xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09982−5.206%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09998−5.052%$16.2M$27.1M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09990−5.128%$1.9M$34.7M50xas long as short
01 Exchange DOGEUSD+0.0248%1h0.09987−5.159%$444$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09983−5.198%$314K200xas long as short
Arcus DOGE-USD+0.0387%1h0.09986−5.166%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09992−5.109%$402K$452K10xas long as short