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% APRpaid last 24h 0.000%
Price spread now: OKX against Polymarket Perps−0.229%47s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.321%+$32 on $10k
Price spread, last 3 days (all we have)−0.057%−$6 · spread now −0.229%, 7d avg −0.003%
Together, before fees+0.264%+$26 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: OKX is 0.226% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.003%. The two prices were read 47 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 41s$281K$562K10x
ShortOKX DOGE-USDT-SWAP0.10000.0100get 0.0100% / 8h3h 31m$108.9M$883.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.229% → −0.003%
−$22.63
Slippage, 4 orders
−$6.61
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$47.24
Costs to cover
0.246%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 16 min ago; OKX: 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, 16 min ago2.38 bp6.4 bp −$66.5 bp −$65doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.50 bp5.5 bp −$58.9 bp −$8917.6 bp −$1,76339.8 bp −$19.9K

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%8h0.1000−0.249%$154.1M$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+0.0028%1h0.09995−0.297%$224K$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%1h0.1000−0.221%$804K$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%8h0.1001−0.152%$4.7M$39.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1001−0.190%$358K$504K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09997−0.274%$320.3M$1.23B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1000−0.239%$157.3M$389.5M75xas long as short
OKX DOGE-USDT-SWAPshort+0.0100%8h0.1000−0.229%$108.9M$883.7M50x
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%8h0.1000−0.239%$146.0M$197.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09996−0.289%$66.2M$37.9M75xas 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 DOGEUSDT+0.0100%1h0.1009+0.648%$145K$216K25xas long as short
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%8h0.1000−0.244%$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+0.1205%1h0.1004+0.130%$121.8M$67.6M10xas long as short