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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0614%/8h= −67.3% APRnext payment $0.77 per $10,000 · paid last 24h −0.166%
Price spread now: Polymarket Perps against RISEx−0.152%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$300.300% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.374%−$37 on $10k
Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.152%, 7d avg −0.061%
Together, before fees−0.190%−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Polymarket Perps is 0.092% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.061%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DOGE/USDC0.099870.0626pay 0.0078% / 1h41m 22s$402K$452K10x
ShortPolymarket Perps DOGE-USD0.099710.0011get 0.0001% / 1h41m 22s$266K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$129.01
Price spread: −0.152% → −0.061%
−$9.17
Slippage, 4 orders
−$15.96
Fee RISEx: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$168.14
Costs to cover
0.300%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; Polymarket Perps: live order book, 2 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, 2 min ago4.01 bp7.0 bp −$713.6 bp −$136doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 2 min ago3.97 bp8.0 bp −$88.0 bp −$80doesn'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−0.0083%1h0.09978−0.089%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09973−0.135%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09975−0.111%$611K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09974−0.126%$34K150xas long as short
Polymarket Perps DOGE-USDshort+0.0011%1h0.09971−0.152%$266K$1.2M10x
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.441%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0073%8h0.09965−0.216%$142.0M$344.5M75xas long as short
Phoenix DOGE+0.0080%1h0.09964−0.229%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09983−0.040%$851K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09965−0.211%$538K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09977−0.097%$4.6M$58.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09981−0.056%$319K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09977−0.097%$327.8M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09968−0.186%$165.4M$521.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09971−0.156%$117.5M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09965−0.215%$383K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09973−0.136%$249.8M$155.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09976−0.106%$110.3M$257.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09977−0.096%$66.5M$50.2M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09969−0.176%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09964−0.226%$303K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09967−0.199%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09969−0.180%$302K$140.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09965−0.212%$637K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09970−0.166%$149K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09974−0.126%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09970−0.166%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09983−0.031%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09975−0.116%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09976−0.107%$5.9M$69.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09978−0.086%$91.6M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09981−0.060%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09968−0.188%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09973−0.134%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09973−0.136%$833$534K10xas long as short
Hyperliquid DOGE+0.0120%1h0.09985−0.018%$123.9M$116.5M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09972−0.143%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09973−0.136%$16.2M$27.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09977−0.096%$1.9M$34.7M50xas long as short
01 Exchange DOGEUSD+0.0248%1h0.09984−0.022%$444$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09973−0.135%$314K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0271%1h0.09977−0.096%$572K$252K25xas long as short
Arcus DOGE-USD+0.0387%1h0.09978−0.086%$26K$301K10xas long as short
RISEx DOGE/USDClong+0.0626%1h0.09987long leg$402K$452K10x