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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.26 per $10,000 · paid last 24h +0.029%
Price spread now: Coinbase International against Polymarket Perps+0.039%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.382% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.286%+$29 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.039%, 7d avg +0.047%
Together, before fees+0.262%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.10230.0100pay 0.0013% / 1h20m 43s$258K$983K10x
ShortCoinbase International DOGE-PERP-INTX0.10240.0304get 0.0038% / 1h20m 43s$2.1M$33.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$42.84
Price spread: +0.039% → +0.047%
−$0.77
Slippage, 4 orders
−$20.19
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$3.87
Costs to cover
0.382%
Break-even
6.4 days
Slippage from Polymarket Perps: live order book, 32 min ago; Coinbase International: live order book, 3 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, 32 min ago3.79 bp10.5 bp −$1011.2 bp −$112doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago2.42 bp10.1 bp −$1018.6 bp −$18656.7 bp −$5,667doesn'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%8h0.1024+0.041%$692K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1023−0.011%$24K150xas long as short
dYdX DOGE-USD+0.0023%1h0.1024+0.099%$230K$70K10xas long as short
Bitget DOGEUSDT+0.0065%8h0.1027+0.313%$133.8M$316.4M75xas long as short
Lighter DOGE+0.0096%1h0.1025+0.147%$761K$6.5M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1024+0.073%$556K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1025+0.154%$4.9M$54.7M75xas long as short
Pacifica DOGE+0.0100%1h0.1025+0.160%$328K$518K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1027+0.342%$338.3M$1.61B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1026+0.293%$167.9M$498.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1027+0.352%$116.6M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1029+0.596%$395K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1026+0.293%$253.9M$146.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1027+0.303%$117.3M$245.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1024+0.039%$67.3M$48.2M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1027+0.303%$79.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1022−0.107%$341K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1023−0.052%$1.1M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1029+0.535%$330K$136.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1027+0.352%$649K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1030+0.645%$155K$330K25xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.1023long leg$258K$983K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1023−0.020%$69K$468K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1023−0.021%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1024+0.025%$36K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1023−0.010%$2K$5.1M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1023+0.008%$6.0M$65.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1023−0.029%$94.0M$17.3M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1027+0.320%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1026+0.266%$494K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1023−0.005%$20K3xas long as short
Katana Perps DOGE-USD+0.0121%8h0.1026+0.293%$1K$502K10xas long as short
Reya DOGERUSDPERP+0.0192%1h0.1024+0.011%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1024+0.039%$16.8M$27.1M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0229%1h0.1024+0.022%$581K$247K25xas long as short
Phoenix DOGE+0.0235%1h0.1023−0.008%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0246%1h0.1023−0.014%$5.5M$38.9M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0256% / S −0.0309%1h0.1023−0.011%$331K200xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1027+0.357%$457$4K10xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0304%1h0.1024+0.039%$2.1M$33.4M50x
Hyperliquid DOGE+0.0498%1h0.1024+0.107%$127.8M$110.6M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1028+0.410%$111K$203K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1027+0.400%$415K$428K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+2.892%$6K$242K12xas long as short