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−0.0091%/8h= −10.0% APRpaid last 24h −0.018%
Price spread now: Variational Omni against Reya+0.708%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 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.708% dearer against Reya than usual: you sell high and buy low (spread +0.708% now, against zero (this spread has no 7-day history yet)): +$71 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOGERUSDPERP0.10440.0191pay 0.0024% / 1h46m 25s$2K20x
ShortVariational Omni DOGE0.10520.0100get 0.0100% / 8h3h 46m$1.2M$8.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$19.13
Price spread: +0.708% → 0.000%
$70.83
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$45.7
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 3 min ago9.56 bpdoesn't fit9.6 bp −$96doesn't fitdoesn'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
dYdX DOGE-USD0.0000%1h0.1044−0.052%$234K$70K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1045+0.053%$25K150xas long as short
Bitget DOGEUSDT+0.0007%8h0.1044−0.016%$141.6M$308.0M75xas long as short
Lighter DOGE+0.0096%1h0.1044+0.019%$752K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1044+0.003%$567K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1044−0.047%$5.1M$53.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1044+0.010%$337K$510K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1045+0.089%$346.9M$1.57B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1045+0.089%$172.7M$486.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1045+0.079%$119.4M$1.14B50xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk DOGE-USD+0.0100%1h0.1047+0.236%$402K$11K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1044+0.022%$258.2M$141.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1045+0.041%$116.9M$239.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1044−0.016%$68.7M$47.2M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1045+0.060%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1043−0.122%$352K$1.2M15xas long as short
Variational Omni DOGEshort+0.0100%8h0.1052+0.708%$1.2M$8.3M
edgeX DOGEUSDC+0.0100%4h0.1044+0.031%$333K$134.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1043−0.074%$659K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1044−0.016%$164K$316K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1044−0.055%$268K$889K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1045+0.079%$73K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1044−0.047%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1044−0.023%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1043−0.064%$2K$4.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1044−0.044%$6.2M$63.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1043−0.093%$95.9M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.1043−0.081%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1043−0.107%$505K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1043−0.079%$20K3xas long as short
Kalshi KXDOGEPERP+0.0118%8h0.1045+0.117%$734K$6.1M2.8xas long as short
Katana Perps DOGE-USD+0.0125%8h0.1044−0.007%$1K$485K10xas long as short
Reya DOGERUSDPERPlong+0.0191%1h0.1044long leg$2K20x
BloFin DOGE-USDT+0.0220%8h0.1044−0.016%$16.2M$27.3M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0229%1h0.1044−0.052%$588K$242K25xas long as short
Phoenix DOGE+0.0235%1h0.1045+0.064%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0241%1h0.1043−0.125%$5.6M$37.7M50xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1044+0.020%$464$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0320%1h0.1044−0.009%$344K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1046+0.175%$2.1M$32.0M50xas long as short
Hyperliquid DOGE+0.0578%1h0.1045+0.118%$129.4M$107.2M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1045+0.032%$113K$200K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1044+0.013%$421K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.846%$6K$242K12xas long as short