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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.020%
Price spread now: Phoenix against Aevo+0.282%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.282% dearer against Aevo than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo DOGE-PERP0.099780.0104pay 0.0013% / 1h55m 08s$19K3x
ShortPhoenix DOGE0.10010.0239get 0.0030% / 1h55m 08s$67K$283K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Aevo. 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
$28.35
Price spread: +0.282% → 0.000%
$28.16
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$33.51
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 13 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Phoenix live order book, 13 min ago1.01 bp12.3 bp −$1243.0 bp −$430doesn't fitdoesn't fit
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate DOGE_USDT−0.0248%8h0.09977−0.013%$241.3M$126.3M75xas long as short
Bitget DOGEUSDT−0.0204%8h0.09968−0.103%$152.3M$270.9M75xas long as short
Kraken Futures PF_DOGEUSD−0.0078%1h0.09980+0.018%$5.9M$33.7M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1000+0.219%$407K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09979+0.008%$600K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09975−0.035%$24K150xas long as short
Phemex DOGEUSDT+0.0022%8h0.09980+0.017%$92.2M$19.1M50xas long as short
dYdX DOGE-USD+0.0043%1h0.09995+0.165%$224K$44K10xas long as short
Lighter DOGE+0.0096%1h0.09986+0.079%$857K$5.6M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09986+0.077%$999$398K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09983+0.047%$512K$977K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09982+0.041%$4.8M$46.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1000+0.220%$333K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09981+0.027%$317.6M$1.39B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09985+0.067%$157.6M$436.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09984+0.057%$110.3M$961.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09983+0.047%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09980+0.017%$382K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09983+0.047%$110.8M$222.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09979+0.007%$65.8M$42.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09977−0.013%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09980+0.017%$380K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1002+0.399%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09996+0.173%$261K$121.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.275%$629K$4.6M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09981+0.022%$264K$567K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09977−0.013%$73K$446K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09979+0.003%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09979+0.008%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09979+0.007%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09976−0.023%$6.0M$52.3M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09986+0.074%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09973−0.052%$616K$3.9M50xas long as short
Aevo DOGE-PERPlong+0.0104%1h0.09978long leg$19K3x
01 Exchange DOGEUSD+0.0168%1h0.09980+0.013%$527$4K10xas long as short
Reya DOGERUSDPERP+0.0180%1h0.09976−0.023%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09980+0.017%$15.2M$25.3M75xas long as short
Phoenix DOGEshort+0.0239%1h0.1001+0.282%$67K$283K10x
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09982+0.037%$2.0M$24.4M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.09974−0.041%$308K200xas long as short
ApeX Omni DOGEUSDT+0.0539%1h0.1001+0.318%$147K$253K25xas long as short
RISEx DOGE/USDC+0.0701%1h0.09984+0.057%$316K$478K10xas long as short
Hyperliquid DOGE+0.0781%1h0.09995+0.163%$118.1M$91.3M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1002+0.418%$5K$239K12xas long as short