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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0177%/8h= +19.4% APRpaid last 24h −0.035%
Price spread now: Aster against Kraken Futures−0.120%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.058%−$6 on $10k
Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.120%, 7d avg −0.017%
Together, before fees+0.071%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.103% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.017%). If the spread goes back, that is −$10 on $10k: about 47 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.1006−0.0077get 0.0010% / 1h3m 51s$6.0M$33.9M50x
ShortAster DOGEUSDT0.10040.0100get 0.0100% / 8h7h 03m$5.1M$46.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$37.16
Price spread: −0.120% → −0.017%
−$10.34
Slippage, 4 orders
−$12.85
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$4.02
Costs to cover
0.308%
Break-even
7.8 days
Slippage from Kraken Futures: live order book, 5 min ago; Aster: live order book, 5 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 Kraken Futures live order book, 5 min ago1.98 bp10.0 bp −$1014.3 bp −$14335.1 bp −$3,508doesn't fit
Sell Aster live order book, 5 min ago0.50 bp5.4 bp −$56.0 bp −$6012.7 bp −$1,266doesn'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−0.0162%8h0.1003−0.316%$152.2M$271.6M75xas long as short
Kraken Futures PF_DOGEUSDlong−0.0077%1h0.1006long leg$6.0M$33.9M50x
Kalshi KXDOGEPERP0.0000%8h0.1007+0.131%$415K$4.9M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1007+0.124%$606K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1008+0.240%$24K150xas long as short
dYdX DOGE-USD+0.0010%1h0.1008+0.267%$226K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1007+0.100%$795K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1008+0.270%$1K$425K10xas long as short
Aster DOGEUSDTshort+0.0100%8h0.1004−0.120%$5.1M$46.8M75x
Pacifica DOGE+0.0100%1h0.1009+0.320%$336K$512K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1003−0.312%$318.7M$1.41B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1002−0.336%$159.8M$439.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002−0.336%$110.8M$967.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1010+0.400%$77K$124K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1009+0.363%$387K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1003−0.306%$244.0M$131.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1003−0.286%$113.0M$226.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1003−0.237%$65.9M$42.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002−0.336%$76.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1005−0.098%$365K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006+0.048%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1009+0.295%$270K$125.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1011+0.518%$645K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1012+0.628%$149K$268K25xas long as short
Nado DOGE-PERP+0.0100%1h0.1009+0.325%$518K$973K10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1008+0.241%$264K$632K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1008+0.181%$74K$426K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1007+0.160%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1009+0.284%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1006+0.071%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1006−0.015%$6.0M$53.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1006−0.008%$92.8M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1009+0.345%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.1003−0.253%$531K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1007+0.129%$19K3xas long as short
01 Exchange DOGEUSD+0.0168%1h0.1009+0.315%$533$4K10xas long as short
Reya DOGERUSDPERP+0.0183%1h0.1008+0.232%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1007+0.081%$15.5M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1006+0.052%$2.0M$25.2M50xas long as short
Phoenix DOGE+0.0240%1h0.1008+0.189%$65K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0271%1h0.1008+0.232%$317K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1010+0.385%$326K$404K10xas long as short
Hyperliquid DOGE+0.0755%1h0.1006+0.022%$123.0M$95.9M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1012+0.628%$5K$239K12xas long as short