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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Phemex−0.087%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.087%, 7d avg 0.000%
Together, before fees+0.126%+ Points / potential airdropPacifica: Active · farm board+$13 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: Pacifica is 0.087% cheaper against Phemex than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex DOGEUSDT0.098950.0100pay 0.0100% / 8h2h 30m$91.0M$17.0M50x
ShortPacifica DOGE0.098860.0100get 0.0013% / 1h30m 03s$316K$516K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Phemex. 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
Price spread: −0.087% → 0.000%
−$8.73
Slippage, 4 orders
−$20.26
Fee Phemex: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$48.99
Costs to cover
0.403%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; Pacifica: live order book, 19 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 Phemex live order book, 4 min ago3.04 bp12.3 bp −$1217.5 bp −$175doesn't fitdoesn't fit
Sell Pacifica live order book, 19 min ago2.00 bp10.1 bp −$10doesn't fitdoesn'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%8h0.09881−0.139%$639K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09890−0.054%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09895−0.004%$5.6M$39.8M50xas long as short
Polymarket Perps DOGE-USD+0.0030%1h0.09890−0.053%$267K$1.2M10xas long as short
dYdX DOGE-USD+0.0047%1h0.09880−0.147%$222K$70K10xas long as short
Lighter DOGE+0.0096%1h0.09903+0.078%$866K$6.7M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09891−0.045%$535K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09892−0.029%$4.4M$57.0M75xas long as short
Pacifica DOGEshort+0.0100%1h0.09886−0.087%$316K$516K20x
Binance DOGEUSDT+0.0100%8h0.09892−0.029%$323.0M$1.68B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09889−0.061%$162.4M$516.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09893−0.020%$114.6M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09900+0.051%$380K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09893−0.020%$246.7M$151.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09896+0.010%$109.9M$253.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09893−0.020%$65.6M$49.4M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09890−0.051%$132.8M$332.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09887−0.081%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09894−0.010%$298K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09877−0.182%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09887−0.083%$304K$138.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09890−0.051%$628K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−0.051%$147K$339K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09891−0.040%$63K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09890−0.055%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09885−0.104%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09894−0.010%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09889−0.056%$5.9M$67.8M75xas long as short
Phemex DOGEUSDTlong+0.0100%8h0.09895long leg$91.0M$17.0M50x
Paradex DOGE-USD-PERP+0.0100%8h0.09889−0.056%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09888−0.072%$482K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09891−0.040%$19K3xas long as short
Katana Perps DOGE-USD+0.0112%8h0.09892−0.030%$2K$524K10xas long as short
Hyperliquid DOGE+0.0116%1h0.09900+0.056%$123.1M$115.0M10xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09901+0.065%$440$4K10xas long as short
Reya DOGERUSDPERP+0.0194%1h0.09893−0.016%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09887−0.081%$16.0M$26.7M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09906+0.111%$107K$207K10xas long as short
Phoenix DOGE+0.0240%1h0.09892−0.028%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0286%1h0.09890−0.049%$316K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0286%1h0.09896+0.010%$562K$247K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09898+0.030%$2.0M$33.8M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09902+0.067%$399K$442K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+6.417%$6K$242K12xas long as short