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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0509%/8h= −55.8% APRnext payment $0.64 per $10,000 · paid last 24h −0.132%
Price spread now: Coinbase International against RISEx−0.051%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.360%−$36 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.051%, 7d avg −0.022%
Together, before fees−0.467%−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Coinbase International is 0.029% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DOGE/USDC0.099220.0717pay 0.0090% / 1h16m 37s$399K$449K10x
ShortCoinbase International DOGE-PERP-INTX0.099170.0208get 0.0026% / 1h16m 37s$2.2M$35.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$106.93
Price spread: −0.051% → −0.022%
−$2.87
Slippage, 4 orders
−$19.31
Fee RISEx: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$145.11
Costs to cover
0.353%
Break-even
never at this rate
Slippage from RISEx: live order book, 17 min ago; Coinbase International: 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 RISEx live order book, 17 min ago3.56 bp6.6 bp −$714.7 bp −$147doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago1.51 bp10.0 bp −$1013.9 bp −$13947.8 bp −$4,776doesn'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%1h0.09914−0.078%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0015%8h0.09914−0.081%$140.5M$346.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09912−0.104%$513K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09916−0.064%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.127%$6K$242K12xas long as short
Gate DOGE_USDT+0.0075%8h0.09914−0.081%$250.5M$155.9M75xas long as short
Phoenix DOGE+0.0081%1h0.09907−0.147%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09928+0.059%$825K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09923+0.010%$888$542K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09907−0.147%$511K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09926+0.044%$123.7M$116.6M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09918−0.044%$5.1M$58.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09920−0.024%$322K$478K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09920−0.021%$327.0M$1.70B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09917−0.051%$165.5M$521.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09921−0.011%$115.1M$1.18B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09925+0.030%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09908−0.140%$378K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09919−0.031%$116.5M$264.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09920−0.021%$65.8M$49.2M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09919−0.031%$53.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09917−0.051%$300K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09898−0.242%$1.1M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09891−0.317%$262K$139.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09892−0.303%$632K$4.2M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−0.323%$141K$348K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09910−0.121%$258K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09912−0.101%$71K$460K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09809−1.143%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09912−0.099%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09914−0.081%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09917−0.055%$5.9M$68.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09918−0.041%$90.6M$16.4M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09915−0.074%$18K$5K30xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0103%1h0.09917−0.055%$555K$301K25xas long as short
Extended DOGE-USD+0.0104%1h0.09917−0.051%$481K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09911−0.106%$19K3xas long as short
Reya DOGERUSDPERP+0.0203%1h0.09905−0.168%$2K20xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0208%1h0.09917−0.051%$2.2M$35.2M50x
GMX DOGE/USD [ETH-USDC]L +0.0215% / S −0.0216%1h0.09915−0.071%$292K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09920−0.021%$15.4M$27.0M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09918−0.041%$457$4K10xas long as short
dYdX DOGE-USD+0.0406%1h0.09914−0.086%$233K$72K10xas long as short
RISEx DOGE/USDClong+0.0717%1h0.09922long leg$399K$449K10x