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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.031%
Price spread now: Kraken Futures against SunX+0.075%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.075%, 7d avg −0.023%
Together, before fees−0.120%−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.098% dearer against SunX than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.023%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.8 days. At the pace of the last 7 days (−0.001% in total) that is about 16 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DOGE-USDT0.099240.0100pay 0.0100% / 8h6h 18m$35K$2.2M30x
ShortKraken Futures PF_DOGEUSD0.099310.0067get 0.0008% / 1h18m 18s$5.8M$34.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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
−$6.99
Price spread: +0.075% → −0.023%
$9.82
Slippage, 4 orders
−$40.98
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$56.15
Costs to cover
0.590%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Kraken Futures: live order book, 6 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 SunX live order book, 8 min ago14.02 bp18.0 bp −$1824.5 bp −$245doesn't fitdoesn't fit
Sell Kraken Futures live order book, 6 min ago1.00 bp9.6 bp −$1013.9 bp −$13931.6 bp −$3,158doesn't fit

DOGE on 43 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
Bitget DOGEUSDT−0.0106%8h0.09941+0.173%$150.7M$273.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09930+0.064%$390K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09947+0.233%$23K150xas long as short
dYdX DOGE-USD+0.0014%1h0.09952+0.281%$223K$49K10xas long as short
Kraken Futures PF_DOGEUSDshort+0.0067%1h0.09931+0.075%$5.8M$34.2M50x
Lighter DOGE+0.0096%1h0.09963+0.397%$822K$6.1M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09936+0.123%$830$428K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09941+0.178%$533K$991K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09942+0.182%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09956+0.324%$327K$503K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09952+0.283%$315.6M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09947+0.234%$157.5M$440.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09947+0.234%$110.2M$979.1M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09949+0.254%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09984+0.604%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09947+0.234%$241.4M$132.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09949+0.254%$110.8M$230.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09945+0.214%$65.8M$43.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09938+0.143%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09939+0.153%$340K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09945+0.210%$992K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09948+0.248%$282K$128.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09957+0.335%$636K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09950+0.264%$145K$270K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09937+0.135%$256K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09945+0.214%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09944+0.208%$24K$1K10xas long as short
SunX DOGE-USDTlong+0.0100%8h0.09924long leg$35K$2.2M30x
SoDEX DOGE-USD+0.0100%1h0.09949+0.254%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09927+0.028%$5.9M$55.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09932+0.083%$91.5M$16.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09940+0.167%$558K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09947+0.232%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0109%8h0.09954+0.300%$18K$6K30xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0122%1h0.09949+0.257%$594K$118K25xas long as short
Reya DOGERUSDPERP+0.0185%1h0.09944+0.204%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09942+0.186%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09932+0.083%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0241%1h0.09941+0.177%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09946+0.228%$310K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09943+0.198%$400K$367K10xas long as short
Hyperliquid DOGE+0.0702%1h0.09957+0.338%$122.0M$97.9M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1000+0.768%$5K$239K12xas long as short