Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Gate against SoDEX0.000%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.332% of the position

Long on SoDEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.018%−$2 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now 0.000%, 7d avg −0.020%

Together, before fees−0.045%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX DOGE-USD	0.1045	0.0100	pay 0.0013% / 1h	48m 04s	$2K	$4.9M	10x
Short	Gate DOGE_USDT	0.1045	0.0100	get 0.0100% / 8h	3h 48m	$258.1M	$141.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SoDEX. 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

Position, each leg$Hold fordaysFee SoDEXbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.020%: $1.98
Slippage, 4 orders: −$10.25
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$31.26
Costs to cover: 0.332%
Break-even: never at this rate

Slippage from SoDEX: live order book, 1 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX live order book, 1 min ago	0.48 bp	4.6 bp −$5	8.5 bp −$85	142.8 bp −$14.3K	doesn't fit
Sell Gate live order book, 1 min ago	0.48 bp	11.1 bp −$11	18.7 bp −$187	31.2 bp −$3,120	53.9 bp −$26.9K

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX DOGE-USD	0.0000%	1h	0.1046	+0.116%	$235K	$70K	10x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1045	+0.051%	$25K	—	150x	as long as short
Bitget DOGEUSDT	+0.0003%	8h	0.1046	+0.134%	$142.0M	$307.7M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1045	+0.077%	$753K	$6.3M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1049	+0.393%	$569K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1045	+0.008%	$5.1M	$53.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1046	+0.103%	$338K	$510K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1046	+0.115%	$347.1M	$1.57B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1046	+0.182%	$172.7M	$486.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1046	+0.182%	$119.4M	$1.14B	50x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk DOGE-USD	+0.0100%	1h	0.1047	+0.205%	$402K	$11K	10x	as long as short
Gate DOGE_USDTshort	+0.0100%	8h	0.1045	0.000%	$258.1M	$141.4M	75x
MEXC DOGE_USDT	+0.0100%	8h	0.1045	+0.048%	$117.1M	$239.5M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1046	+0.096%	$69.0M	$47.1M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1044	−0.010%	—	$78.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1044	−0.019%	$353K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1052	+0.676%	$1.2M	$8.3M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1052	+0.744%	$319K	$133.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1055	+1.005%	$668K	$4.5M	10x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1047	+0.278%	$269K	$889K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1046	+0.096%	$73K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1045	+0.055%	$26K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1045	+0.059%	$37K	$2.2M	30x	as long as short
SoDEX DOGE-USDlong	+0.0100%	1h	0.1045	long leg	$2K	$4.9M	10x
HTX DOGE-USDT	+0.0100%	8h	0.1045	+0.061%	$6.2M	$63.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1046	+0.105%	$96.1M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.1046	+0.187%	$19K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1046	+0.104%	$506K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1045	+0.018%	$20K	—	3x	as long as short
Kalshi KXDOGEPERP	+0.0118%	8h	0.1047	+0.236%	$735K	$6.1M	2.8x	as long as short
Katana Perps DOGE-USD	+0.0125%	8h	0.1046	+0.124%	$1K	$486K	10x	as long as short
Reya DOGERUSDPERP	+0.0191%	1h	0.1048	+0.304%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1045	+0.086%	$16.2M	$27.4M	75x	as long as short
Phoenix DOGE	+0.0235%	1h	0.1045	+0.033%	$19K	$292K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0241%	1h	0.1044	−0.024%	$5.6M	$37.7M	50x	as long as short
01 Exchange DOGEUSD	+0.0256%	1h	0.1047	+0.192%	$465	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0261% / S −0.0320%	1h	0.1045	+0.072%	$346K	—	200x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0296%	1h	0.1045	+0.043%	$589K	$242K	25x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1047	+0.191%	$2.1M	$32.0M	50x	as long as short
Hyperliquid DOGE	+0.0579%	1h	0.1046	+0.100%	$129.3M	$107.1M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1047	+0.258%	$113K	$200K	10x	as long as short
ApeX Omni DOGEUSDT	+0.0688%	1h	0.1053	+0.814%	$165K	$306K	25x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1048	+0.302%	$423K	$426K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	+0.814%	$6K	$242K	12x	as long as short