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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0239%/8h= +26.1% APRnext payment +$0.30 per $10,000 · paid last 24h +0.142%
Price spread now: RISEx against Arcus+0.085%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.345%+$35 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.085%, 7d avg +0.031%
Together, before fees+0.278%+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and RISEx is 0.054% dearer against Arcus than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus DOGE-USD0.10000.0387pay 0.0048% / 1h14m 37s$18K$307K10x
ShortRISEx DOGE/USDC0.10010.0626get 0.0078% / 1h14m 37s$402K$458K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Arcus. 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
$50.09
Price spread: +0.085% → +0.031%
$5.43
Slippage, 4 orders
−$19.75
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$25.26
Costs to cover
0.303%
Break-even
3.5 days
Slippage from Arcus: live order book, 24 min ago; RISEx: live order book, 29 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 Arcus live order book, 24 min ago3.00 bp7.6 bp −$822.7 bp −$227doesn't fitdoesn't fit
Sell RISEx live order book, 29 min ago4.01 bp7.0 bp −$714.5 bp −$145doesn't fitdoesn't fit

DOGE on 43 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%1h0.1001+0.055%$5.7M$40.6M50xas long as short
dYdX DOGE-USD0.0000%1h0.1001+0.080%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001+0.087%$613K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.10000−0.005%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.300%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0048%8h0.09998−0.020%$142.0M$344.1M75xas long as short
Polymarket Perps DOGE-USD+0.0049%1h0.09999−0.014%$263K$1.2M10xas long as short
Phoenix DOGE+0.0080%1h0.1002+0.245%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1001+0.149%$849K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1001+0.095%$540K$1.1M10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1001+0.052%$4.6M$58.7M75xas long as short
Pacifica DOGE+0.0100%1h0.1001+0.072%$319K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001+0.061%$329.7M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1000+0.030%$165.1M$522.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1000+0.030%$117.4M$1.21B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1003+0.277%$385K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.10000.000%$250.0M$157.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001+0.060%$112.2M$258.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001+0.060%$66.8M$50.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1001+0.050%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001+0.050%$303K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.1001+0.087%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002+0.203%$304K$140.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001+0.110%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1002+0.200%$148K$340K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1000+0.020%$70K$476K50xas long as short
SunX DOGE-USDT+0.0100%8h0.1001+0.083%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1000+0.040%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1001+0.113%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001+0.050%$91.7M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1000+0.039%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09997−0.034%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1000+0.031%$19K3xas long as short
Katana Perps DOGE-USD+0.0108%8h0.1000+0.010%$836$538K10xas long as short
Hyperliquid DOGE+0.0136%1h0.1002+0.160%$124.6M$116.6M10xas long as short
Reya DOGERUSDPERP+0.0198%1h0.1000+0.012%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001+0.100%$16.2M$27.1M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0240%1h0.1001+0.073%$574K$253K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1001+0.110%$1.9M$34.9M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.10000−0.005%$315K200xas long as short
01 Exchange DOGEUSD+0.0272%1h0.1001+0.106%$445$4K10xas long as short
Arcus DOGE-USDlong+0.0387%1h0.1000long leg$18K$307K10x
RISEx DOGE/USDCshort+0.0626%1h0.1001+0.085%$402K$458K10x