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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.017%
Price spread now: Coinbase International against Paradex+0.133%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.133% dearer against Paradex than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex DOGE-USD-PERP0.10030.0100pay 0.0100% / 8h1h 45m$18K$5K30x
ShortCoinbase International DOGE-PERP-INTX0.10040.0216get 0.0027% / 1h45m 52s$2.0M$22.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Paradex. 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
$24.31
Price spread: +0.133% → 0.000%
$13.25
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$23.57
Costs to cover
0.140%
Break-even
0.2 days
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 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 Paradex no order-book sample
Sell Coinbase International live order book, 3 min ago1.49 bp10.2 bp −$1016.6 bp −$16645.2 bp −$4,521doesn't fit
Paradex: 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−0.0273%8h0.1003+0.073%$153.4M$262.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1004+0.120%$378K$4.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1003+0.060%$32K150xas long as short
dYdX DOGE-USD+0.0017%1h0.1003−0.002%$225K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1005+0.211%$15K$222K10xas long as short
Gate DOGE_USDT+0.0092%8h0.1004+0.192%$241.7M$121.1M75xas long as short
Lighter DOGE+0.0096%1h0.1005+0.194%$786K$5.3M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.1003+0.033%$1K$355K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1003−0.002%$701K$770K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1004+0.136%$5.0M$41.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1003+0.073%$336K$497K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1005+0.227%$319.9M$1.28B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1005+0.252%$162.2M$405.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1006+0.312%$109.5M$911.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1003+0.083%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003+0.043%$384K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1004+0.182%$109.5M$214.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1004+0.143%$65.9M$39.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1004+0.192%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1002−0.060%$933K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1003+0.015%$275K$113.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1003−0.007%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1004+0.143%$145K$239K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1003+0.033%$272K$533K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1004+0.143%$72K$417K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1004+0.119%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1004+0.116%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004+0.172%$2K$3.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1004+0.115%$6.0M$48.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1004+0.162%$93.1M$19.1M50xas long as short
Paradex DOGE-USD-PERPlong+0.0100%8h0.1003long leg$18K$5K30x
Extended DOGE-USD+0.0104%1h0.1004+0.155%$559K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1004+0.167%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0128%1h0.1004+0.177%$628K$105K25xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1003+0.069%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1003+0.063%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0216%1h0.1004+0.133%$2.0M$22.9M50x
BloFin DOGE-USDT+0.0220%8h0.1003+0.073%$15.2M$24.2M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.1003+0.076%$311K200xas long as short
Kraken Futures PF_DOGEUSD+0.0363%1h0.1004+0.159%$6.0M$32.0M50xas long as short
Backpack DOGE_USDC_PERP+0.0368%1h0.1004+0.182%$530K$934K15xas long as short
Hyperliquid DOGE+0.0401%1h0.1005+0.232%$110.6M$81.1M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1004+0.093%$315K$473K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1008+0.541%$5K$207K12xas long as short