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+0.0697%/8h= +76.3% APRnext payment +$0.87 per $10,000 · paid last 24h −0.050%
Price spread now: RISEx against Injective−5.313%7-day average −0.272% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$588as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.402%−$40 on $10k
Price spread, last 4 days (all we have)+5.328%+$533 · spread now −5.313%, 7d avg −0.272%
Together, before fees+4.925%+$493 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 5.041% cheaper against Injective than usual: you would sell low and buy high (spread −5.313% now, against its 7-day average of −0.272%). If the spread goes back, that is −$504 on $10k: about 24 days of funding at the current rate (+$21 a day). Mind the row above: over the last 4 days funding on this pair cost −0.402%, 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% / 1h56m 26s$6K$242K12x
ShortRISEx DOGE/USDC0.099710.0731get 0.0091% / 1h56m 26s$401K$458K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$146.41
Price spread: −5.313% → −0.272%
−$504.1
Slippage, 4 orders
−$77.99
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$441.7
Costs to cover
0.840%
Break-even
28.1 days
Slippage from Injective: live order book, 68 min ago; RISEx: live order book, 47 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, 68 min ago34.98 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 47 min ago4.01 bp7.0 bp −$714.5 bp −$145doesn'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%1h0.09981−5.210%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09970−5.321%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09980−5.218%$612K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09979−5.230%$35K150xas long as short
Bitget DOGEUSDT+0.0032%8h0.09946−5.546%$141.0M$344.6M75xas long as short
Injective DOGE/USDC PERPlong+0.0033%1h0.1053long leg$6K$242K12x
Polymarket Perps DOGE-USD+0.0077%1h0.09956−5.451%$259K$1.2M10xas long as short
Phoenix DOGE+0.0080%1h0.09982−5.206%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09986−5.164%$847K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09969−5.328%$537K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09970−5.322%$124.1M$117.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09967−5.350%$4.5M$58.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09974−5.280%$318K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09965−5.370%$329.1M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09959−5.423%$164.0M$522.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09964−5.375%$117.3M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09963−5.385%$17K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09979−5.231%$383K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09966−5.356%$249.4M$155.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09971−5.309%$112.2M$256.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09976−5.261%$66.7M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09969−5.328%$53.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09980−5.223%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09969−5.330%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09981−5.218%$303K$139.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09977−5.255%$629K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−5.223%$146K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09980−5.223%$70K$470K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09978−5.245%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09981−5.217%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09983−5.195%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09983−5.198%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09985−5.176%$91.5M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09968−5.337%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09965−5.369%$490K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09982−5.208%$19K3xas long as short
Katana Perps DOGE-USD+0.0107%8h0.09962−5.394%$832$538K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0161%1h0.09985−5.171%$573K$252K25xas long as short
Reya DOGERUSDPERP+0.0198%1h0.09951−5.501%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09980−5.223%$1.9M$34.7M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09985−5.176%$16.3M$27.1M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09978−5.237%$314K200xas long as short
01 Exchange DOGEUSD+0.0288%1h0.09969−5.330%$443$4K10xas long as short
RISEx DOGE/USDCshort+0.0731%1h0.09971−5.313%$401K$458K10x