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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0617%/8h= −67.6% APRnext payment $0.77 per $10,000 · paid last 24h −0.139%
Price spread now: Arcus against RISEx−0.165%59s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.356%−$36 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.165%, 7d avg −0.032%
Together, before fees−0.236%−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Arcus is 0.133% cheaper against RISEx than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.032%). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DOGE/USDC0.098990.0717pay 0.0090% / 1h20m 55s$398K$449K10x
ShortArcus DOGE-USD0.098830.0100get 0.0013% / 1h20m 55s$16K$306K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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
−$129.61
Price spread: −0.165% → −0.032%
−$13.33
Slippage, 4 orders
−$18.41
Fee RISEx: 3 bp × 2 orders
−$6
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$171.85
Costs to cover
0.289%
Break-even
never at this rate
Slippage from RISEx: live order book, 12 min ago; Arcus: live order book, 8 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 RISEx live order book, 12 min ago3.56 bp6.6 bp −$714.7 bp −$147doesn't fitdoesn't fit
Sell Arcus live order book, 8 min ago2.55 bp7.2 bp −$720.0 bp −$200doesn't fitdoesn'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
Kraken Futures PF_DOGEUSD−0.0096%1h0.09903+0.038%$5.5M$40.9M50xas long as short
Bitget DOGEUSDT−0.0014%8h0.09887−0.125%$140.0M$347.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09909+0.099%$514K$6.7M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09898−0.018%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.371%$6K$242K12xas long as short
Gate DOGE_USDT+0.0064%8h0.09892−0.074%$249.9M$155.5M75xas long as short
Phoenix DOGE+0.0081%1h0.09887−0.122%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09908+0.087%$824K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09871−0.286%$825$545K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09879−0.205%$508K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09900+0.006%$123.3M$116.4M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09894−0.050%$4.9M$59.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09883−0.165%$321K$481K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09893−0.060%$326.5M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09887−0.125%$166.0M$524.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09893−0.064%$114.6M$1.19B50xas long as short
Arcus DOGE-USDshort+0.0100%1h0.09883−0.165%$16K$306K10x
Bulk DOGE-USD+0.0100%1h0.09784−1.163%$374K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09897−0.024%$116.9M$264.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09895−0.044%$65.6M$49.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09892−0.074%$53.6Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09904+0.047%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09898−0.013%$1.1M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09856−0.439%$261K$139.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09870−0.301%$631K$4.2M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870−0.296%$140K$348K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09880−0.193%$257K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09903+0.037%$71K$465K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09809−0.916%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09907+0.080%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09903+0.037%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09902+0.024%$5.9M$69.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09902+0.027%$90.5M$16.4M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09880−0.196%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09889−0.103%$478K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09903+0.032%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0184%1h0.09908+0.088%$555K$301K25xas long as short
Reya DOGERUSDPERP+0.0202%1h0.09885−0.140%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09910+0.108%$2.2M$34.8M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09904+0.047%$15.6M$26.9M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09880−0.194%$455$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0227% / S −0.0267%1h0.09898−0.011%$329K200xas long as short
dYdX DOGE-USD+0.0439%1h0.09877−0.230%$232K$74K10xas long as short
RISEx DOGE/USDClong+0.0717%1h0.09899long leg$398K$449K10x