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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Polymarket Perps+0.648%63s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.377%+$38 on $10k
Price spread, last 3 days (all we have)−0.649%−$65 · spread now +0.648%, 7d avg +0.047%
Together, before fees−0.272%−$27 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: ApeX Omni is 0.601% dearer against Polymarket Perps than usual: you sell high and buy low, +$60 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.10030.0100pay 0.0013% / 1h31m 57s$281K$562K10x
ShortApeX Omni DOGEUSDT0.10090.0100get 0.0013% / 1h31m 57s$145K$216K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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: +0.648% → +0.047%
$60.12
Slippage, 4 orders
−$32.48
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$9.64
Costs to cover
0.505%
Break-even
from the start
Slippage from Polymarket Perps: live order book, 16 min ago; ApeX Omni: live order book, 14 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 Polymarket Perps live order book, 16 min ago2.38 bp6.4 bp −$66.5 bp −$65doesn't fitdoesn't fit
Sell ApeX Omni live order book, 14 min ago5.04 bp21.0 bp −$2170.1 bp −$701doesn'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
Bitget DOGEUSDT−0.0261%8h0.1000−0.229%$154.2M$255.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0035%1h0.1004+0.115%$5.9M$28.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1004+0.176%$351K$4.1M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1004+0.168%$628K$88K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1002−0.027%$33K150xas long as short
dYdX DOGE-USD+0.0029%1h0.1005+0.216%$226K$44K10xas long as short
Gate DOGE_USDT+0.0081%8h0.1001−0.180%$235.7M$118.0M75xas long as short
Phoenix DOGE+0.0081%1h0.1009+0.680%$18K$207K10xas long as short
Katana Perps DOGE-USD+0.0093%8h0.1003+0.080%$858$318K10xas long as short
Lighter DOGE+0.0096%1h0.1004+0.145%$808K$4.9M15xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.1003+0.040%$714K$659K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1001−0.140%$4.7M$39.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1005+0.255%$359K$504K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001−0.110%$320.8M$1.23B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001−0.140%$157.5M$389.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002−0.090%$109.1M$884.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1004+0.110%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1005+0.223%$385K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001−0.120%$146.6M$197.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.120%$66.3M$37.8M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1001−0.130%$72.1Mas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.735%$997K$7.3Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1006+0.313%$268K$106.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1007+0.484%$638K$4.6M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.1009+0.648%$145K$216K25x
Polymarket Perps DOGE-USDlong+0.0100%1h0.1003long leg$281K$562K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1004+0.120%$73K$360K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1004+0.119%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1004+0.181%$35K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004+0.130%$2K$3.2M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1003+0.062%$6.0M$44.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1003+0.090%$93.3M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1004+0.139%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001−0.142%$561K$3.4M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006+0.346%$19K3xas long as short
Reya DOGERUSDPERP+0.0171%1h0.1003+0.016%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1004+0.117%$530$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001−0.140%$15.1M$22.3M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.1005+0.209%$2.0M$21.7M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0265%1h0.1002−0.010%$310K200xas long as short
Backpack DOGE_USDC_PERP+0.0389%1h0.1002−0.060%$528K$810K15xas long as short
RISEx DOGE/USDC+0.0530%1h0.1004+0.113%$316K$488K10xas long as short
Injective DOGE/USDC PERP+0.0892%1h0.1012+0.948%$5K$127K12xas long as short
Hyperliquid DOGE+0.1196%1h0.1003+0.090%$121.9M$67.5M10xas long as short