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+0.0178%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h −0.040%
Price spread now: Derive against Kraken Futures−0.021%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Derive is 0.021% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.09983−0.0078get 0.0010% / 1h50m 26s$6.0M$33.8M50x
ShortDerive DOGE-PERP0.099810.0100get 0.0013% / 1h50m 26s$24K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
$37.28
Price spread: −0.021% → 0.000%
−$2.13
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
$19.15
Costs to cover
0.160%
Break-even
3.4 days
Slippage unknown: Kraken Futures: live order book, 4 min ago; Derive: no order-book sample. Net counts fees only.

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, 4 min ago2.49 bp11.3 bp −$1113.7 bp −$13723.5 bp −$2,351doesn't fit
Sell Derive no order-book sample
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0200%8h0.09970−0.128%$152.1M$270.5M75xas long as short
Kraken Futures PF_DOGEUSDlong−0.0078%1h0.09983long leg$6.0M$33.8M50x
Kalshi KXDOGEPERP0.0000%8h0.09981−0.015%$396K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09982−0.003%$600K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09987+0.043%$24K150xas long as short
dYdX DOGE-USD+0.0019%1h0.09977−0.059%$224K$44K10xas long as short
Gate DOGE_USDT+0.0048%8h0.09973−0.098%$241.2M$126.9M75xas long as short
Lighter DOGE+0.0096%1h0.09995+0.121%$859K$5.7M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09976−0.068%$2K$398K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09978−0.048%$512K$976K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09978−0.044%$4.9M$46.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09980−0.025%$333K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09979−0.040%$316.6M$1.39B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09978−0.048%$157.9M$437.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09979−0.038%$110.1M$961.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09985+0.022%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09980−0.028%$382K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09971−0.118%$110.2M$222.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09981−0.018%$65.4M$42.6M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09969−0.138%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09981−0.018%$380K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09982−0.008%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1003+0.448%$259K$121.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1003+0.490%$638K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1004+0.573%$148K$256K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09972−0.105%$263K$557K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09981−0.018%$73K$446K50xas long as short
Derive DOGE-PERPshort+0.0100%1h0.09981−0.021%$24K$1K10x
SunX DOGE-USDT+0.0100%8h0.09993+0.104%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09984+0.012%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09985+0.025%$6.0M$52.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09982−0.008%$92.2M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09970−0.124%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09975−0.074%$616K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09981−0.022%$19K3xas long as short
Reya DOGERUSDPERP+0.0181%1h0.09973−0.099%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09984+0.009%$527$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09983+0.002%$15.2M$25.3M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09988+0.052%$2.0M$24.5M50xas long as short
Phoenix DOGE+0.0240%1h0.1004+0.534%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.09985+0.027%$308K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.09985+0.027%$316K$478K10xas long as short
Hyperliquid DOGE+0.0785%1h0.09987+0.038%$118.5M$91.4M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1001+0.273%$5K$239K12xas long as short