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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.018%
Price spread now: Aster against Reya+0.143%46s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.143% dearer against Reya than usual: you sell high and buy low (spread +0.143% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.2 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOGERUSDPERP0.10240.0192pay 0.0024% / 1h20m 35s$2K20x
ShortAster DOGEUSDT0.10250.0100get 0.0100% / 8h3h 20m$4.9M$54.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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
−$19.35
Price spread: +0.143% → 0.000%
$14.33
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$19.03
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Aster: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Aster live order book, 3 min ago0.49 bp4.5 bp −$44.7 bp −$479.7 bp −$971doesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.030%$692K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1023−0.022%$24K150xas long as short
dYdX DOGE-USD+0.0023%1h0.1024+0.088%$230K$70K10xas long as short
Bitget DOGEUSDT+0.0065%8h0.1027+0.302%$133.8M$316.4M75xas long as short
Lighter DOGE+0.0096%1h0.1025+0.136%$761K$6.5M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1024+0.062%$556K$1.1M10xas long as short
Aster DOGEUSDTshort+0.0100%8h0.1025+0.143%$4.9M$54.7M75x
Pacifica DOGE+0.0100%1h0.1025+0.149%$328K$518K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1027+0.331%$338.3M$1.61B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1026+0.282%$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+0.341%$116.6M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1029+0.585%$395K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1026+0.282%$253.9M$146.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1027+0.292%$117.3M$245.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1024+0.028%$67.3M$48.2M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1027+0.292%$79.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1022−0.118%$341K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1023−0.062%$1.1M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1029+0.524%$330K$136.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1027+0.341%$649K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1030+0.634%$155K$330K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1023−0.011%$258K$983K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1023−0.030%$69K$468K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1023−0.032%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1024+0.015%$36K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1023−0.021%$2K$5.1M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1023−0.003%$6.0M$65.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1023−0.040%$94.0M$17.3M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1027+0.309%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1026+0.255%$494K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1023−0.016%$20K3xas long as short
Katana Perps DOGE-USD+0.0121%8h0.1026+0.282%$1K$502K10xas long as short
Reya DOGERUSDPERPlong+0.0192%1h0.1024long leg$2K20x
BloFin DOGE-USDT+0.0220%8h0.1024+0.028%$16.8M$27.1M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0229%1h0.1024+0.012%$581K$247K25xas long as short
Phoenix DOGE+0.0235%1h0.1023−0.019%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0246%1h0.1023−0.025%$5.5M$38.9M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0256% / S −0.0309%1h0.1023−0.022%$331K200xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1027+0.346%$457$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1024+0.028%$2.1M$33.4M50xas long as short
Hyperliquid DOGE+0.0498%1h0.1024+0.097%$127.8M$110.6M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1028+0.400%$111K$203K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1027+0.389%$415K$428K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+2.881%$6K$242K12xas long as short