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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0084%/8h= −9.2% APRnext payment $0.10 per $10,000 · paid last 24h −0.016%
Price spread now: SoDEX against Reya+0.077%7-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 · farm boardneeds both histories
The price spread pays, funding is against you. SoDEX is 0.077% dearer against Reya than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOGERUSDPERP0.098800.0184pay 0.0023% / 1h35m 43s$2K20x
ShortSoDEX DOGE-USD0.098880.0100get 0.0013% / 1h35m 43s$2K$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$17.59
Price spread: +0.077% → 0.000%
$7.72
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$23.87
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; SoDEX: 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 SoDEX live order book, 3 min ago0.51 bp4.5 bp −$58.0 bp −$80148.7 bp −$14.9Kdoesn'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
Bitget DOGEUSDT−0.0127%8h0.09877−0.034%$149.8M$273.8M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09894+0.134%$388K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09884+0.041%$23K150xas long as short
dYdX DOGE-USD+0.0023%1h0.09882+0.016%$222K$51K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09882+0.016%$5.8M$34.2M50xas long as short
Lighter DOGE+0.0096%1h0.09890+0.099%$768K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09876−0.044%$825$433K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09872−0.080%$481K$980K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09887+0.066%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09888+0.074%$326K$504K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09885+0.047%$313.3M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09882+0.016%$156.5M$445.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09883+0.027%$108.9M$974.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09891+0.108%$127K$182K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09870−0.105%$378K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09882+0.016%$240.3M$131.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09887+0.067%$109.2M$228.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09888+0.077%$65.4M$43.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09881+0.006%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09888+0.077%$342K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09884+0.036%$973K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09843−0.379%$270K$127.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09848−0.323%$618K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09850−0.307%$144K$276K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09878−0.028%$254K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09888+0.077%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09886+0.057%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09888+0.077%$35K$2.2M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09888+0.077%$2K$3.7M10x
HTX DOGE-USDT+0.0100%8h0.09890+0.096%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09886+0.057%$91.2M$17.4M50xas long as short
Extended DOGE-USD+0.0104%1h0.09887+0.067%$521K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09887+0.067%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0114%8h0.09874−0.064%$18K$6K30xas long as short
Reya DOGERUSDPERPlong+0.0184%1h0.09880long leg$2K20x
01 Exchange DOGEUSD+0.0184%1h0.09882+0.017%$527$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0185%1h0.09889+0.092%$591K$119K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.09978+0.988%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09877−0.034%$2.0M$24.9M50xas long as short
Phoenix DOGE+0.0241%1h0.09865−0.157%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09881+0.002%$308K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09886+0.053%$318K$404K10xas long as short
Hyperliquid DOGE+0.0695%1h0.09896+0.162%$120.4M$97.2M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09870−0.105%$5K$239K12xas long as short