Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Paradex−0.016%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on OKX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DOGE-USD-PERP	0.09981	0.0100	pay 0.0100% / 8h	1h 41m	$18K	$5K	30x
Short	OKX DOGE-USDT-SWAP	0.09979	0.0100	get 0.0100% / 8h	1h 41m	$117.5M	$1.20B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee ParadexbpFee OKXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$0.01
Price spread: −0.016% → 0.000%: −$1.59
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$15.6
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; OKX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell OKX live order book, 3 min ago	0.50 bp	6.5 bp −$7	8.7 bp −$87	15.5 bp −$1,550	33.5 bp −$16.8K

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_DOGEUSD	−0.0083%	1h	0.09967	−0.132%	$5.6M	$40.5M	50x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09973	−0.075%	$224K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09963	−0.174%	$611K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09974	−0.066%	$34K	—	150x	as long as short
Polymarket Perps DOGE-USD	+0.0011%	1h	0.09971	−0.092%	$266K	$1.2M	10x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.505%	$6K	$242K	12x	as long as short
Bitget DOGEUSDT	+0.0073%	8h	0.09970	−0.106%	$142.1M	$344.5M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09964	−0.169%	$18K	$382K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09987	+0.066%	$851K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09965	−0.151%	$538K	$1.1M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09978	−0.023%	$4.6M	$58.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09981	+0.004%	$319K	$500K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09980	−0.006%	$327.9M	$1.71B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09976	−0.046%	$165.6M	$521.2M	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.09979	−0.016%	$117.5M	$1.20B	50x
Bulk DOGE-USD	+0.0100%	1h	0.09965	−0.154%	$383K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09977	−0.036%	$249.9M	$155.4M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09976	−0.046%	$110.3M	$257.7M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09977	−0.036%	$66.5M	$50.2M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09972	−0.086%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09964	−0.166%	$303K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09967	−0.139%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09969	−0.120%	$302K	$140.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09965	−0.151%	$637K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09970	−0.106%	$149K	$337K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09968	−0.126%	$66K	$467K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09966	−0.149%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09972	−0.081%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09963	−0.176%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09967	−0.141%	$5.9M	$69.2M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09967	−0.136%	$91.5M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERPlong	+0.0100%	8h	0.09981	long leg	$18K	$5K	30x
Extended DOGE-USD	+0.0104%	1h	0.09979	−0.018%	$486K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09967	−0.136%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0109%	8h	0.09973	−0.076%	$833	$534K	10x	as long as short
Hyperliquid DOGE	+0.0120%	1h	0.09985	+0.042%	$123.9M	$116.5M	10x	as long as short
Reya DOGERUSDPERP	+0.0196%	1h	0.09972	−0.083%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09962	−0.186%	$16.2M	$27.0M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09967	−0.136%	$1.9M	$34.7M	50x	as long as short
01 Exchange DOGEUSD	+0.0248%	1h	0.09984	+0.038%	$444	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.09964	−0.166%	$313K	—	200x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0282%	1h	0.09972	−0.090%	$572K	$252K	25x	as long as short
Arcus DOGE-USD	+0.0387%	1h	0.09978	−0.026%	$26K	$301K	10x	as long as short
RISEx DOGE/USDC	+0.0626%	1h	0.09987	+0.060%	$402K	$452K	10x	as long as short