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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0873%/8h= +95.6% APRpaid last 24h +0.201%
Price spread now: Injective against Aster+0.483%87s7-day average +0.194% · you sell dearer than you buy
Net, funding: paid 7d − costs+$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.538%+$154 on $10k
Price spread, last 3 days (all we have)−0.451%−$45 · spread now +0.483%, 7d avg +0.194%
Together, before fees+1.087%+ Points / potential airdropAster: Stage 5 · farm board+$109 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Injective is 0.289% dearer against Aster than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.194%. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOGEUSDT0.10070.0100pay 0.0100% / 8h7h 05m$5.1M$46.8M75x
ShortInjective DOGE/USDC PERP0.10120.0973get 0.0122% / 1h5m 55s$5K$239K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$183.39
Price spread: +0.483% → +0.194%
$28.9
Slippage, 4 orders
−$61.35
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$142.92
Costs to cover
0.694%
Break-even
1.5 days
Slippage from Aster: live order book, 3 min ago; Injective: live order book, 3 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, 3 min ago0.50 bp4.5 bp −$45.0 bp −$5011.0 bp −$1,099doesn't fit
Sell Injective live order book, 3 min ago29.73 bp29.7 bp −$30doesn't fitdoesn'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−0.0164%8h0.1006−0.073%$152.8M$271.6M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1008+0.052%$6.0M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1009+0.135%$416K$4.9M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1006−0.086%$24K150xas long as short
dYdX DOGE-USD+0.0011%1h0.1008+0.038%$226K$44K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0018%1h0.1007−0.056%$605K$119K25xas long as short
Lighter DOGE+0.0096%1h0.1008+0.129%$796K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1006−0.073%$2K$423K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1007−0.024%$516K$972K10xas long as short
Aster DOGEUSDTlong+0.0100%8h0.1007long leg$5.1M$46.8M75x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1008+0.126%$336K$512K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1007−0.025%$320.1M$1.41B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1007−0.004%$160.6M$438.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1007+0.026%$111.2M$972.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1007−0.014%$28K$74K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1009+0.217%$387K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1007−0.063%$244.9M$131.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1007−0.034%$113.3M$226.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1007−0.034%$66.2M$42.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1006−0.073%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1007+0.016%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.097%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1011+0.395%$272K$124.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1011+0.373%$645K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1012+0.483%$149K$268K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1006−0.103%$264K$635K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1006−0.083%$74K$426K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006−0.099%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1007−0.009%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1007+0.016%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1006−0.082%$6.0M$53.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1008+0.115%$93.0M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1007−0.034%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1006−0.073%$531K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006−0.077%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1007−0.042%$532$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1006−0.068%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1010+0.324%$15.6M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1008+0.076%$2.0M$25.2M50xas long as short
Phoenix DOGE+0.0240%1h0.1013+0.556%$66K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0271%1h0.1006−0.093%$316K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1007−0.009%$325K$404K10xas long as short
Hyperliquid DOGE+0.0762%1h0.1009+0.145%$123.4M$95.8M10xas long as short
Injective DOGE/USDC PERPshort+0.0973%1h0.1012+0.483%$5K$239K12x