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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.033%
Price spread now: Coinbase International against Pacifica−0.119%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$380.377% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.119%, 7d avg +0.010%
Together, before fees+0.031%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.130% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of +0.010%). If the spread goes back, that is −$13 on $10k: about 3.7 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DOGE0.099010.0100pay 0.0013% / 1h21m 19s$321K$509K20x
ShortCoinbase International DOGE-PERP-INTX0.098890.0216get 0.0027% / 1h21m 19s$1.9M$34.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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
$24.36
Price spread: −0.119% → +0.010%
−$12.96
Slippage, 4 orders
−$19.7
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$26.3
Costs to cover
0.377%
Break-even
14.6 days
Slippage from Pacifica: live order book, 17 min ago; Coinbase International: live order book, 3 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 Pacifica live order book, 17 min ago2.02 bp9.2 bp −$912.6 bp −$126doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago2.02 bp9.4 bp −$912.8 bp −$12834.2 bp −$3,425doesn'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−0.0061%1h0.09888−0.134%$5.5M$40.8M50xas long as short
dYdX DOGE-USD0.0000%1h0.09900−0.007%$222K$63K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09896−0.048%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09887−0.144%$35K150xas long as short
Bitget DOGEUSDT+0.0008%8h0.09878−0.230%$140.1M$347.7M75xas long as short
Polymarket Perps DOGE-USD+0.0020%1h0.09886−0.150%$257K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.355%$6K$242K12xas long as short
Lighter DOGE+0.0096%1h0.09898−0.028%$827K$6.9M15xas long as short
Hyperliquid DOGE+0.0100%1h0.09898−0.031%$123.3M$117.2M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09891−0.096%$4.5M$59.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGElong+0.0100%1h0.09901long leg$321K$509K20x
Binance DOGEUSDT+0.0100%8h0.09892−0.092%$326.7M$1.73B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09885−0.160%$163.8M$526.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09888−0.129%$115.0M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09895−0.059%$16K$311K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09914+0.133%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09884−0.170%$248.5M$158.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09891−0.099%$116.8M$259.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09892−0.089%$66.0M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09886−0.149%$53.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09899−0.018%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09875−0.264%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09892−0.087%$300K$139.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09892−0.090%$623K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−0.109%$141K$345K25xas long as short
Nado DOGE-PERP+0.0100%1h0.09897−0.038%$535K$1.1M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09888−0.129%$71K$473K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09900−0.006%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09906+0.056%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09889−0.119%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09888−0.129%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09891−0.099%$90.5M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09899−0.018%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09880−0.206%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09889−0.124%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09893−0.079%$827$542K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0155%1h0.09890−0.111%$568K$257K25xas long as short
Phoenix DOGE+0.0160%1h0.09907+0.064%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0200%1h0.09885−0.162%$2K20xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0216%1h0.09889−0.119%$1.9M$34.9M50x
BloFin DOGE-USDT+0.0220%8h0.09890−0.109%$15.4M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09901+0.003%$440$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09889−0.122%$311K200xas long as short
RISEx DOGE/USDC+0.0731%1h0.09902+0.017%$403K$461K10xas long as short