Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%

Price spread now: BloFin against ApeX Omni+0.277%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.176%+$18 on $10k

Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.277%, 7d avg −0.006%

Together, before fees−0.113%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.283% dearer against ApeX Omni than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DOGEUSDT	0.1046	0.0100	pay 0.0013% / 1h	45m 12s	$164K	$317K	25x
Short	BloFin DOGE-USDT	0.1049	0.0220	get 0.0220% / 8h	3h 45m	$16.3M	$27.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against ApeX 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 ApeX OmnibpFee BloFinbpOrdersPrice spread, now +0.277%Rate

Funding earned: $25.2
Price spread: +0.277% → −0.006%: $28.31
Slippage, 4 orders: −$28.24
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $3.27
Costs to cover: 0.502%
Break-even: 6.1 days

Slippage from ApeX Omni: live order book, 7 min ago; BloFin: live order book, 4 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 ApeX Omni live order book, 7 min ago	4.74 bp	19.7 bp −$20	54.1 bp −$541	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	0.48 bp	6.5 bp −$6	12.1 bp −$121	24.1 bp −$2,412	39.2 bp −$19.6K

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	0.1047	+0.125%	$235K	$70K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1047	+0.097%	$731K	$6.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1048	+0.231%	$25K	—	150x	as long as short
Bitget DOGEUSDT	+0.0009%	8h	0.1048	+0.220%	$142.0M	$308.3M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1050	+0.339%	$749K	$6.4M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1048	+0.167%	$569K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1049	+0.257%	$5.0M	$53.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1048	+0.169%	$338K	$510K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1049	+0.287%	$348.2M	$1.57B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1048	+0.229%	$173.3M	$487.3M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1048	+0.239%	$120.2M	$1.15B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1047	+0.061%	$402K	$11K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1048	+0.210%	$259.1M	$141.7M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1049	+0.258%	$117.6M	$239.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1049	+0.277%	$69.0M	$47.3M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1049	+0.268%	—	$78.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1049	+0.249%	$354K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1044	−0.175%	$1.2M	$8.4M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1045	−0.072%	$335K	$134.5M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1043	−0.249%	$659K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDTlong	+0.0100%	1h	0.1046	long leg	$164K	$317K	25x
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1048	+0.163%	$269K	$889K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1049	+0.268%	$74K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1049	+0.270%	$26K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1050	+0.337%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1049	+0.287%	$2K	$4.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1048	+0.215%	$6.2M	$63.2M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1049	+0.287%	$96.5M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.1047	+0.142%	$19K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1049	+0.264%	$505K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1049	+0.300%	$20K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0125%	8h	0.1047	+0.048%	$1K	$485K	10x	as long as short
Reya DOGERUSDPERP	+0.0191%	1h	0.1048	+0.207%	$2K	—	20x	as long as short
BloFin DOGE-USDTshort	+0.0220%	8h	0.1049	+0.277%	$16.3M	$27.5M	75x
Phoenix DOGE	+0.0235%	1h	0.1045	−0.128%	$19K	$292K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0240%	1h	0.1049	+0.257%	$5.6M	$37.7M	50x	as long as short
01 Exchange DOGEUSD	+0.0256%	1h	0.1048	+0.192%	$466	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0261% / S −0.0320%	1h	0.1048	+0.188%	$346K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1047	+0.105%	$2.0M	$32.1M	50x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0437%	1h	0.1050	+0.335%	$591K	$242K	25x	as long as short
Hyperliquid DOGE	+0.0591%	1h	0.1050	+0.366%	$130.1M	$107.4M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1049	+0.249%	$113K	$200K	10x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1048	+0.186%	$423K	$426K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	+0.669%	$6K	$242K	12x	as long as short