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−0.0072%/8h= −7.9% APRpaid last 24h −0.001%
Price spread now: Polymarket Perps against Aster−0.075%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$260.260% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.311%−$31 on $10k
Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.075%, 7d avg −0.011%
Together, before fees−0.169%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.064% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOGEUSDT0.099870.0100pay 0.0100% / 8h1h 30m$4.5M$58.5M75x
ShortPolymarket Perps DOGE-USD0.099800.0028get 0.0003% / 1h30m 54s$266K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$15.19
Price spread: −0.075% → −0.011%
−$6.36
Slippage, 4 orders
−$9.98
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$47.52
Costs to cover
0.260%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; Polymarket Perps: 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, 3 min ago1.00 bp5.9 bp −$66.2 bp −$6212.0 bp −$1,204doesn't fit
Sell Polymarket Perps live order book, 2 min ago3.20 bp7.2 bp −$77.5 bp −$75doesn'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
Kraken Futures PF_DOGEUSD−0.0083%1h0.09989+0.022%$5.6M$40.6M50xas long as short
dYdX DOGE-USD0.0000%1h0.09979−0.082%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09985−0.019%$611K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09983−0.038%$34K150xas long as short
Polymarket Perps DOGE-USDshort+0.0028%1h0.09980−0.075%$266K$1.2M10x
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.435%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0064%8h0.09976−0.112%$142.3M$343.9M75xas long as short
Phoenix DOGE+0.0080%1h0.09982−0.057%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09993+0.054%$851K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09983−0.042%$539K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDTlong+0.0100%8h0.09987long leg$4.5M$58.5M75x
Pacifica DOGE+0.0100%1h0.09983−0.040%$319K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09989+0.018%$328.6M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09983−0.042%$165.4M$520.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09987−0.002%$117.8M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.028%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09982−0.052%$249.6M$156.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09988+0.008%$110.8M$257.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09986−0.012%$66.5M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09984−0.032%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09987−0.002%$304K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09967−0.205%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09988+0.010%$303K$140.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09992+0.048%$638K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09990+0.028%$150K$338K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09989+0.018%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09967−0.206%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09995+0.073%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09988+0.008%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09987+0.001%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09987−0.002%$91.7M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09979−0.077%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09980−0.071%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09989+0.019%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09986−0.012%$834$537K10xas long as short
Hyperliquid DOGE+0.0121%1h0.09993+0.057%$124.0M$116.4M10xas long as short
Reya DOGERUSDPERP+0.0197%1h0.09984−0.029%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09984−0.032%$16.2M$27.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09989+0.018%$1.9M$34.8M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09986−0.013%$314K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.09992+0.050%$444$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0321%1h0.09991+0.037%$573K$252K25xas long as short
Arcus DOGE-USD+0.0387%1h0.09986−0.012%$23K$305K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09993+0.056%$402K$455K10xas long as short