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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.017%
Price spread now: Coinbase International against Aster+0.154%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 3 days (all we have)−0.170%−$17 · spread now +0.154%, 7d avg +0.029%
Together, before fees−0.217%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.125% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOGEUSDT0.10020.0100pay 0.0100% / 8h1h 26m$4.9M$43.5M75x
ShortCoinbase International DOGE-PERP-INTX0.10030.0216get 0.0027% / 1h26m 49s$2.0M$23.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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
$24.36
Price spread: +0.154% → +0.029%
$12.51
Slippage, 4 orders
−$11.11
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$7.76
Costs to cover
0.291%
Break-even
4.8 days
Slippage from Aster: live order book, 2 min ago; Coinbase International: live order book, 2 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 Aster live order book, 2 min ago1.00 bp5.0 bp −$56.2 bp −$6214.4 bp −$1,443doesn't fit
Sell Coinbase International live order book, 2 min ago1.99 bp9.0 bp −$915.5 bp −$15551.4 bp −$5,140doesn'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−0.0266%8h0.1001−0.116%$152.8M$266.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1002+0.007%$417K$4.7M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1002−0.022%$32K150xas long as short
dYdX DOGE-USD+0.0007%1h0.09994−0.239%$224K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.09976−0.416%$66K$222K10xas long as short
Gate DOGE_USDT+0.0091%8h0.1001−0.036%$240.8M$123.8M75xas long as short
Lighter DOGE+0.0096%1h0.1001−0.037%$785K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1001−0.106%$2K$368K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1001−0.061%$570K$853K10xas long as short
Aster DOGEUSDTlong+0.0100%8h0.1002long leg$4.9M$43.5M75x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09999−0.182%$334K$508K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001−0.084%$318.9M$1.32B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001−0.036%$160.1M$418.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002+0.004%$109.2M$927.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1002+0.004%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09966−0.518%$382K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002+0.024%$110.8M$217.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1002+0.014%$66.0M$40.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1002−0.006%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.09974−0.433%$947K$8.0Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1000−0.164%$276K$115.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−0.035%$630K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.176%$146K$244K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1001−0.046%$267K$540K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1003+0.074%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1002+0.073%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1002+0.072%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1002+0.034%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1003+0.108%$6.0M$50.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1002+0.034%$92.8M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1001−0.096%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1002−0.018%$555K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1003+0.104%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0119%1h0.1003+0.103%$607K$109K25xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1001−0.085%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1002−0.017%$529$4K10xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0216%1h0.1003+0.154%$2.0M$23.5M50x
BloFin DOGE-USDT+0.0220%8h0.1002+0.044%$15.5M$24.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0270%1h0.1002−0.026%$313K200xas long as short
Kraken Futures PF_DOGEUSD+0.0364%1h0.1002+0.046%$6.0M$32.7M50xas long as short
Backpack DOGE_USDC_PERP+0.0391%1h0.1003+0.094%$536K$954K15xas long as short
Hyperliquid DOGE+0.0420%1h0.1003+0.094%$110.7M$82.6M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1002+0.013%$314K$476K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1003+0.124%$5K$207K12xas long as short