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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against ApeX Omni−0.081%49s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.566% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.081%, 7d avg −0.052%
Together, before fees−0.172%−$17 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: Bybit is 0.028% cheaper against ApeX Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.099200.0100pay 0.0013% / 1h4m 39s$144K$228K25x
ShortBybit DOGEUSDT0.099120.0100get 0.0100% / 8h2h 04m$158.5M$399.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.081% → −0.052%
−$2.82
Slippage, 4 orders
−$35.63
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$59.45
Costs to cover
0.566%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 17 min ago; Bybit: live order book, 4 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 ApeX Omni live order book, 17 min ago5.01 bp24.2 bp −$2465.5 bp −$655doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.50 bp9.9 bp −$1015.1 bp −$15125.1 bp −$2,50647.9 bp −$23.9K

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
Bitget DOGEUSDT−0.0278%8h0.09907−0.131%$151.9M$261.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09907−0.132%$367K$4.4M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09907−0.130%$619K$106K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09903−0.167%$32K150xas long as short
Phoenix DOGE+0.0080%1h0.09951+0.309%$15K$225K10xas long as short
Gate DOGE_USDT+0.0080%8h0.09911−0.091%$236.1M$121.2M75xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09913−0.071%$839$345K10xas long as short
Lighter DOGE+0.0096%1h0.09919−0.012%$752K$5.2M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09903−0.176%$627K$698K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09910−0.101%$4.9M$40.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09917−0.030%$334K$496K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09916−0.037%$314.0M$1.27B75xas long as short
Bybit DOGEUSDTshort+0.0100%8h0.09912−0.081%$158.5M$399.1M75x
OKX DOGE-USDT-SWAP+0.0100%8h0.09919−0.010%$108.6M$893.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09921+0.010%$28K$76K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09916−0.040%$109.7M$221.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09914−0.060%$64.9M$39.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09915−0.050%$73.5Mas long as short
Variational Omni DOGE+0.0100%8h0.09902−0.181%$931K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09933+0.133%$267K$112.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09924+0.044%$629K$4.6M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.09920long leg$144K$228K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09901−0.196%$270K$529K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09904−0.161%$57K$396K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09903−0.171%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09908−0.124%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09905−0.151%$2K$3.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09909−0.115%$5.9M$47.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09906−0.141%$91.8M$19.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09947+0.273%$381K$14K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09915−0.050%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09913−0.071%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09906−0.141%$19K3xas long as short
dYdX DOGE-USD+0.0109%1h0.09913−0.073%$223K$44K10xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09916−0.038%$524$4K10xas long as short
Reya DOGERUSDPERP+0.0175%1h0.09902−0.182%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09910−0.101%$15.1M$23.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09906−0.141%$2.0M$22.5M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0247%1h0.09903−0.173%$316K200xas long as short
Backpack DOGE_USDC_PERP+0.0253%1h0.09911−0.091%$523K$931K15xas long as short
Kraken Futures PF_DOGEUSD+0.0289%1h0.09904−0.163%$5.9M$31.9M50xas long as short
Hyperliquid DOGE+0.0409%1h0.09924+0.036%$109.1M$79.9M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09921+0.009%$311K$474K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09960+0.403%$5K$180K12xas long as short