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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against ApeX Omni−0.010%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.371%−$37 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.010%, 7d avg −0.055%
Together, before fees−0.320%−$32 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: Polymarket Perps is 0.045% dearer against ApeX Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DOGEUSDT0.10030.0100pay 0.0013% / 1h15m 09s$146K$289K25x
ShortPolymarket Perps DOGE-USD0.10030.0100get 0.0013% / 1h15m 09s$258K$870K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.010% → −0.055%
$4.47
Slippage, 4 orders
−$20.57
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$34.1
Costs to cover
0.386%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 42 min ago; Polymarket Perps: live order book, 43 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, 42 min ago5.05 bp10.0 bp −$1051.5 bp −$515doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 43 min ago0.05 bp4.1 bp −$45.3 bp −$53doesn't fitdoesn't fit

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−0.0036%8h0.1003−0.050%$151.4M$276.9M75xas long as short
Kraken Futures PF_DOGEUSD−0.0031%1h0.1003+0.048%$5.7M$35.7M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1003−0.043%$395K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1003+0.023%$24K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1002−0.089%$225K$49K10xas long as short
Lighter DOGE+0.0096%1h0.1004+0.102%$736K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.1003−0.020%$906$458K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1003−0.040%$527K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1003+0.012%$4.7M$49.6M75xas long as short
Pacifica DOGE+0.0100%1h0.1003−0.025%$325K$484K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1004+0.075%$324.9M$1.47B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1003+0.040%$164.4M$448.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1003+0.030%$114.3M$1.02B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1002−0.104%$385K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1003+0.020%$247.3M$135.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1004+0.060%$112.4M$235.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1003+0.030%$66.5M$43.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1003−0.040%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001−0.239%$321K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1001−0.182%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002−0.067%$304K$131.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1003+0.015%$632K$4.4M10xas long as short
ApeX Omni DOGEUSDTlong+0.0100%1h0.1003long leg$146K$289K25x
Polymarket Perps DOGE-USDshort+0.0100%1h0.1003−0.010%$258K$870K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1003+0.040%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1003+0.040%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1003+0.042%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1003+0.050%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1003+0.014%$6.0M$58.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1004+0.060%$92.3M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1003−0.023%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1003+0.018%$491K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1004+0.068%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0149%1h0.1004+0.074%$600K$119K25xas long as short
Reya DOGERUSDPERP+0.0190%1h0.1003−0.047%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.1004+0.084%$535$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1003+0.040%$15.8M$25.5M75xas long as short
Phoenix DOGE+0.0242%1h0.1003−0.024%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0269%1h0.1003+0.020%$314K200xas long as short
Hyperliquid DOGE+0.0262%1h0.1004+0.119%$122.5M$101.7M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.1004+0.090%$2.3M$27.5M50xas long as short
Arcus DOGE-USD+0.0690%1h0.1005+0.169%$110K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.1004+0.100%$406K$414K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1005+0.199%$5K$239K12xas long as short