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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.001%
Price spread now: Phoenix against Aevo+0.259%53s7-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 0.259% dearer against Aevo than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo DOGE-PERP0.099970.0104pay 0.0013% / 1h55m 27s$19K3x
ShortPhoenix DOGE0.10020.0240get 0.0030% / 1h55m 27s$18K$382K10x

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
$28.56
Price spread: +0.259% → 0.000%
$25.91
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$31.46
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 47 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, 47 min ago1.00 bp12.4 bp −$1243.1 bp −$431doesn'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
Kraken Futures PF_DOGEUSD−0.0082%1h0.09997−0.005%$5.7M$40.4M50xas long as short
Polymarket Perps DOGE-USD−0.0003%1h0.09992−0.058%$268K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.1000+0.031%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09983−0.147%$595K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09998+0.002%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.327%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0086%8h0.09990−0.074%$142.5M$343.6M75xas long as short
Lighter DOGE+0.0096%1h0.1001+0.097%$854K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09999+0.016%$540K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09999+0.016%$4.6M$58.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1000+0.041%$320K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09999+0.016%$328.4M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09995−0.024%$165.5M$519.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09999+0.016%$117.3M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1001+0.137%$385K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09994−0.034%$251.0M$153.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09999+0.016%$111.2M$256.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09998+0.006%$66.5M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09997−0.004%$80.9Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1000+0.056%$322K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992−0.057%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1001+0.120%$314K$139.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09995−0.022%$629K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.126%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09998+0.006%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09992−0.058%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.10000+0.024%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09995−0.024%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09999+0.016%$5.9M$68.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09997−0.004%$91.8M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09999+0.019%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09991−0.065%$488K$4.1M50xas long as short
Aevo DOGE-PERPlong+0.0104%1h0.09997long leg$19K3x
Katana Perps DOGE-USD+0.0110%8h0.09994−0.034%$835$530K10xas long as short
Hyperliquid DOGE+0.0132%1h0.1001+0.096%$124.0M$116.3M10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0190%1h0.10000+0.021%$574K$252K25xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09997−0.008%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1002+0.196%$16.2M$27.1M75xas long as short
Phoenix DOGEshort+0.0240%1h0.1002+0.259%$18K$382K10x
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09994−0.034%$2.0M$34.5M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0294%1h0.09996−0.019%$316K200xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1000+0.026%$445$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.09996−0.014%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1000+0.030%$405K$453K10xas long as short