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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0904%/8h= −98.9% APRpaid last 24h −0.207%
Price spread now: Gate against Injective−1.093%69s7-day average −0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$840.836% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.553%−$155 on $10k
Price spread, last 3 days (all we have)+1.032%+$103 · spread now −1.093%, 7d avg −0.211%
Together, before fees−0.520%−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Gate is 0.883% cheaper against Injective than usual: you would sell low and buy high (−$88 if the spread goes back to its 7-day average of −0.211%). Swap the legs. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DOGE/USDC PERP0.10060.1004pay 0.0125% / 1h0m 15s$5K$239K12x
ShortGate DOGE_USDT0.099500.0100get 0.0100% / 8h6h 00m$241.6M$133.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$189.75
Price spread: −1.093% → −0.211%
−$88.28
Slippage, 4 orders
−$68.63
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$361.68
Costs to cover
0.836%
Break-even
never at this rate
Slippage from Injective: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago29.97 bp30.0 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago0.50 bp11.6 bp −$1220.4 bp −$20431.2 bp −$3,11652.6 bp −$26.3K

DOGE on 43 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−0.0094%8h0.09943−1.163%$150.6M$273.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09959−1.004%$393K$5.0M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09959−1.002%$595K$118K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09961−0.986%$23K150xas long as short
dYdX DOGE-USD+0.0010%1h0.09978−0.815%$224K$49K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09955−1.046%$5.8M$34.7M50xas long as short
Lighter DOGE+0.0096%1h0.09961−0.987%$819K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09973−0.865%$833$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09967−0.919%$531K$988K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09966−0.930%$4.6M$48.1M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09984−0.755%$328K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09952−1.078%$316.9M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09950−1.093%$158.9M$436.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09952−1.074%$110.7M$978.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09986−0.736%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1002−0.440%$384K$5K10xas long as short
Gate DOGE_USDTshort+0.0100%8h0.09950−1.093%$241.6M$133.7M75x
MEXC DOGE_USDT+0.0100%8h0.09952−1.074%$113.4M$232.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09951−1.083%$65.8M$43.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09949−1.103%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09949−1.103%$334K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09973−0.867%$995K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.10000−0.597%$294K$129.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09982−0.780%$627K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.596%$146K$272K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09965−0.948%$256K$684K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09962−0.974%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09959−1.003%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09987−0.722%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09960−0.994%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09955−1.048%$5.9M$55.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09952−1.074%$91.7M$16.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09956−1.033%$560K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09958−1.017%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0106%8h0.09975−0.843%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0185%1h0.09962−0.977%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09977−0.824%$532$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09963−0.964%$2.3M$25.7M50xas long as short
Phoenix DOGE+0.0241%1h0.1000−0.593%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09961−0.988%$310K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09979−0.800%$402K$367K10xas long as short
Hyperliquid DOGE+0.0669%1h0.09981−0.784%$121.3M$99.4M10xas long as short
Injective DOGE/USDC PERPlong+0.1004%1h0.1006long leg$5K$239K12x