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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.030%
Price spread now: Variational Omni against Kraken Futures−0.103%7-day average −0.048% · 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 4 days (all we have)−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.103%, 7d avg −0.048%
Together, before fees+0.018%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.055% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.048%). If the spread goes back, that is −$6 on $10k: about 45 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.10030.0002pay 0.0000% / 1h1m 31s$5.7M$40.3M50x
ShortVariational Omni DOGE0.10020.0100get 0.0100% / 8h2h 01m$1.1M$8.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$20.52
Price spread: −0.103% → −0.048%
−$5.52
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$5
Costs to cover
0.100%
Break-even
5.3 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. 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, 3 min ago1.50 bp9.6 bp −$1013.0 bp −$13035.3 bp −$3,534doesn't fit
Sell Variational Omni RFQ quote, 3 min ago9.99 bpdoesn't fit10.0 bp −$100doesn'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
Kalshi KXDOGEPERP0.0000%8h0.1001−0.144%$598K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1002−0.043%$34K150xas long as short
Kraken Futures PF_DOGEUSDlong+0.0002%1h0.1003long leg$5.7M$40.3M50x
dYdX DOGE-USD+0.0023%1h0.1001−0.155%$225K$69K10xas long as short
Polymarket Perps DOGE-USD+0.0042%1h0.1001−0.171%$269K$1.2M10xas long as short
Bitget DOGEUSDT+0.0092%8h0.1001−0.181%$143.0M$343.5M75xas long as short
Lighter DOGE+0.0096%1h0.1003−0.010%$856K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1002−0.131%$541K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1002−0.107%$4.6M$58.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1002−0.082%$321K$514K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1002−0.120%$329.8M$1.70B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001−0.171%$165.8M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002−0.131%$118.1M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1001−0.180%$385K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1001−0.171%$249.3M$155.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002−0.141%$112.2M$257.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.151%$66.5M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1002−0.081%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1003+0.019%$315K$1.3M15xas long as short
Variational Omni DOGEshort+0.0100%8h0.1002−0.103%$1.1M$8.7M
edgeX DOGEUSDC+0.0100%4h0.1001−0.231%$315K$140.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−0.226%$630K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1002−0.091%$150K$346K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1002−0.051%$64K$478K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1002−0.058%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1002−0.134%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1003−0.021%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1003−0.020%$5.9M$68.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1003−0.011%$92.1M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1001−0.159%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001−0.196%$487K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1002−0.043%$19K3xas long as short
Katana Perps DOGE-USD+0.0110%8h0.1002−0.121%$1K$527K10xas long as short
Hyperliquid DOGE+0.0117%1h0.1003+0.009%$124.2M$116.3M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.1002−0.124%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.1002−0.071%$446$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1002−0.131%$16.1M$27.1M75xas long as short
Arcus DOGE-USD+0.0231%1h0.1002−0.121%$27K$300K10xas long as short
Phoenix DOGE+0.0240%1h0.1001−0.152%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0294%1h0.1003−0.031%$316K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1003−0.031%$2.0M$34.5M50xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0329%1h0.1003+0.003%$575K$252K25xas long as short
RISEx DOGE/USDC+0.0686%1h0.1002−0.074%$405K$453K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+4.994%$6K$242K12xas long as short