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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against Polymarket Perps+1.916%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$155as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)−2.052%−$205 · spread now +1.916%, 7d avg +0.017%
Together, before fees−2.048%−$205 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: Bulk is 1.899% dearer against Polymarket Perps than usual: you sell high and buy low, +$190 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.10270.0100pay 0.0013% / 1h25m 46s$259K$974K10x
ShortBulk DOGE-USD0.10460.0100get 0.0013% / 1h25m 46s$402K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +1.916% → +0.017%
$189.92
Slippage, 4 orders
−$19.8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$155.12
Costs to cover
0.348%
Break-even
from the start
Slippage from Polymarket Perps: live order book, 27 min ago; Bulk: live order book, 28 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, 27 min ago3.79 bp10.5 bp −$1011.2 bp −$112doesn't fitdoesn't fit
Sell Bulk live order book, 28 min ago4.76 bp8.3 bp −$88.3 bp −$8312.3 bp −$1,22621.0 bp −$10.5K

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%8h0.1028+0.101%$709K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1027+0.006%$24K150xas long as short
dYdX DOGE-USD+0.0015%1h0.1029+0.259%$231K$70K10xas long as short
Bitget DOGEUSDT+0.0053%8h0.1027+0.039%$134.1M$315.4M75xas long as short
Lighter DOGE+0.0096%1h0.1027+0.073%$725K$6.4M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1027+0.078%$557K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1027+0.060%$4.9M$54.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1030+0.353%$330K$518K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1027+0.056%$340.3M$1.61B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1027+0.049%$168.7M$495.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1027+0.068%$117.3M$1.15B50xas long as short
Bulk DOGE-USDshort+0.0100%1h0.1046+1.916%$402K$16K10x
Gate DOGE_USDT+0.0100%8h0.1026−0.019%$253.9M$145.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1027+0.058%$116.0M$243.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1027+0.010%$67.4M$48.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1027+0.049%$79.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1027+0.019%$342K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1026−0.053%$1.1M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1038+1.123%$331K$135.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1038+1.124%$656K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1039+1.208%$155K$327K25xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.1027long leg$259K$974K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1027+0.078%$69K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1027+0.078%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1028+0.106%$36K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1028+0.097%$2K$5.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1027+0.040%$6.1M$65.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1027+0.088%$94.5M$17.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1029+0.232%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1027+0.006%$497K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1028+0.090%$20K3xas long as short
Katana Perps DOGE-USD+0.0122%8h0.1028+0.097%$2K$496K10xas long as short
Reya DOGERUSDPERP+0.0192%1h0.1026−0.010%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1030+0.360%$16.7M$27.2M75xas long as short
Phoenix DOGE+0.0235%1h0.1032+0.537%$19K$292K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0237%1h0.1028+0.109%$583K$247K25xas long as short
Kraken Futures PF_DOGEUSD+0.0245%1h0.1027+0.067%$5.5M$38.7M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0256% / S −0.0309%1h0.1026−0.015%$331K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1028+0.134%$457$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1028+0.097%$2.0M$33.0M50xas long as short
Hyperliquid DOGE+0.0528%1h0.1028+0.136%$128.2M$110.1M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1028+0.166%$111K$200K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1028+0.152%$415K$428K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+2.572%$6K$242K12xas long as short