Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Variational Omni−0.300%7-day average −0.038% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 7 days+0.283%+$28 · spread now −0.300%, 7d avg −0.038%

Together, before fees+0.279%+ Points / potential airdropVariational Omni: Active · farm board+$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.262% cheaper against Variational Omni than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DOGE	0.1007	0.0100	pay 0.0100% / 8h	1h 19m	$1.0M	$8.1M	—
Short	BingX DOGE-USDC	0.1004	0.0100	get 0.0100% / 8h	1h 19m	—	$3.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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 Variational OmnibpFee BingXbpOrdersPrice spread, now −0.300%Rate

Funding earned: $0
Price spread: −0.300% → −0.038%: −$26.2
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$36.2
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; BingX: live order book, 6 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 5 min ago	9.95 bp	doesn't fit	9.9 bp −$99	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	0.99 bp	9.4 bp −$9	15.8 bp −$158	34.7 bp −$3,473	108.3 bp −$54.1K

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
Bitget DOGEUSDT	−0.0263%	8h	0.1003	−0.400%	$153.2M	$266.4M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1004	−0.274%	$419K	$4.7M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1004	−0.275%	$608K	$109K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1005	−0.251%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0014%	1h	0.1004	−0.282%	$225K	$44K	10x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1009	+0.150%	$67K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0092%	8h	0.1004	−0.340%	$241.8M	$124.4M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1005	−0.236%	$792K	$5.4M	15x	as long as short
Katana Perps DOGE-USD	+0.0097%	8h	0.1004	−0.300%	$839	$371K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1004	−0.315%	$578K	$856K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.1005	−0.245%	$5.0M	$43.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1005	−0.253%	$335K	$509K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1004	−0.274%	$319.9M	$1.32B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1004	−0.320%	$159.2M	$421.0M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1004	−0.290%	$109.5M	$931.2M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1005	−0.251%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1006	−0.089%	$386K	$14K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1004	−0.280%	$110.7M	$217.5M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1004	−0.290%	$66.0M	$41.0M	75x	as long as short
BingX DOGE-USDCshort	+0.0100%	8h	0.1004	−0.300%	—	$3.4M	—
Variational Omni DOGElong	+0.0100%	8h	0.1007	long leg	$1.0M	$8.1M	—
edgeX DOGEUSDC	+0.0100%	4h	0.1008	+0.059%	$276K	$116.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1008	+0.047%	$634K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1009	+0.186%	$148K	$245K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1004	−0.270%	$268K	$541K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1004	−0.300%	$73K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1004	−0.309%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1005	−0.212%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1004	−0.290%	$2K	$3.6M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1004	−0.293%	$6.0M	$50.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1004	−0.270%	$93.0M	$19.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1004	−0.285%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1004	−0.330%	$559K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1004	−0.271%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0177%	1h	0.1005	−0.220%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.1004	−0.266%	$530	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1005	−0.181%	$2.0M	$23.6M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1005	−0.241%	$15.3M	$24.9M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0222%	1h	0.1005	−0.230%	$340K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0363%	1h	0.1004	−0.291%	$5.9M	$32.8M	50x	as long as short
Backpack DOGE_USDC_PERP	+0.0409%	1h	0.1005	−0.251%	$537K	$956K	15x	as long as short
Hyperliquid DOGE	+0.0450%	1h	0.1005	−0.171%	$111.7M	$83.1M	10x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1005	−0.246%	$315K	$476K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1006	−0.112%	$5K	$223K	12x	as long as short