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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aster against Lighter+0.031%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.031%, 7d avg −0.042%
Together, before fees−0.089%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.072% dearer against Lighter than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DOGE0.099590.0096pay 0.0012% / 1h23m 28s$791K$5.5M15x
ShortAster DOGEUSDT0.099620.0100get 0.0100% / 8h23m 28s$4.8M$45.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
$0.84
Price spread: +0.031% → −0.042%
$7.25
Slippage, 4 orders
−$14.06
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$13.98
Costs to cover
0.221%
Break-even
123.5 days
Slippage from Lighter: live order book, 5 min ago; Aster: live order book, 6 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 Lighter live order book, 5 min ago0.50 bp7.0 bp −$711.5 bp −$11535.6 bp −$3,562doesn't fit
Sell Aster live order book, 6 min ago0.50 bp6.2 bp −$66.6 bp −$6613.5 bp −$1,347doesn'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−0.0236%8h0.09955−0.043%$151.6M$269.5M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09965+0.055%$412K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09962+0.031%$600K$117K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09962+0.024%$23K150xas long as short
dYdX DOGE-USD+0.0051%1h0.09967+0.077%$224K$44K10xas long as short
Gate DOGE_USDT+0.0073%8h0.09959−0.003%$240.0M$127.5M75xas long as short
Lighter DOGElong+0.0096%1h0.09959long leg$791K$5.5M15x
Katana Perps DOGE-USD+0.0097%8h0.09959−0.003%$962$390K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09961+0.017%$511K$976K10xas long as short
Aster DOGEUSDTshort+0.0100%8h0.09962+0.031%$4.8M$45.7M75x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09965+0.059%$332K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09963+0.033%$315.9M$1.37B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09964+0.047%$157.2M$432.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09963+0.037%$108.6M$945.8M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09966+0.067%$31K$80K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1001+0.484%$383K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09963+0.037%$111.0M$221.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09961+0.017%$65.5M$41.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09966+0.067%$75.7Mas long as short
Variational Omni DOGE+0.0100%8h0.09978+0.191%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09977+0.181%$273K$119.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09994+0.352%$635K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09970+0.107%$146K$250K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09957−0.019%$256K$556K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09966+0.067%$72K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09960+0.010%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09965+0.055%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09957−0.023%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09960+0.002%$6.0M$51.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09958−0.013%$92.0M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09965+0.054%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09961+0.012%$525K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09957−0.018%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0105%1h0.09954−0.057%$5.9M$33.4M50xas long as short
Reya DOGERUSDPERP+0.0179%1h0.09962+0.027%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09984+0.248%$15.3M$25.2M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09967+0.074%$526$4K10xas long as short
Phoenix DOGE+0.0239%1h0.09984+0.247%$67K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09961+0.017%$2.0M$24.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0273%1h0.09961+0.017%$314K200xas long as short
Backpack DOGE_USDC_PERP+0.0366%1h0.09958−0.013%$532K$968K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.09967+0.078%$312K$474K10xas long as short
Hyperliquid DOGE+0.0883%1h0.09974+0.147%$116.5M$89.6M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.1002+0.609%$5K$239K12xas long as short