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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.031%
Price spread now: ApeX Omni against Bitget+0.766%73s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$520.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 4 days (all we have)−0.612%−$61 · spread now +0.766%, 7d avg +0.071%
Together, before fees−0.511%−$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.696% dearer against Bitget than usual: you sell high and buy low: +$70 more if the spread goes back to its 7-day average of +0.071%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DOGEUSDT0.10310.0048pay 0.0048% / 8h3h 28m$135.1M$314.9M75x
ShortApeX Omni DOGEUSDT0.10390.0100get 0.0013% / 1h28m 22s$155K$327K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
$10.92
Price spread: +0.766% → +0.071%
$69.55
Slippage, 4 orders
−$29.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$28.48
Costs to cover
0.520%
Break-even
from the start
Slippage from Bitget: live order book, 6 min ago; ApeX Omni: live order book, 24 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 Bitget live order book, 6 min ago0.48 bp8.4 bp −$818.1 bp −$18130.6 bp −$3,06261.1 bp −$30.6K
Sell ApeX Omni live order book, 24 min ago4.74 bp17.3 bp −$1752.6 bp −$526doesn'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
Kalshi KXDOGEPERP0.0000%8h0.1033+0.201%$709K$6.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1032+0.049%$24K150xas long as short
dYdX DOGE-USD+0.0013%1h0.1033+0.229%$232K$70K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0031%1h0.1031+0.017%$585K$246K25xas long as short
Bitget DOGEUSDTlong+0.0048%8h0.1031long leg$135.1M$314.9M75x
Lighter DOGE+0.0096%1h0.1031+0.023%$732K$6.4M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1032+0.058%$559K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1032+0.097%$4.9M$54.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1034+0.291%$331K$518K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1032+0.068%$343.5M$1.60B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.1031+0.029%$170.8M$494.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1032+0.078%$117.7M$1.15B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1046+1.471%$402K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1031+0.010%$255.8M$144.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1032+0.048%$116.2M$243.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1033+0.223%$67.9M$47.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1032+0.039%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1035+0.407%$349K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1038+0.637%$1.2M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1040+0.823%$332K$135.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1038+0.718%$656K$4.5M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.1039+0.766%$155K$327K25x
Polymarket Perps DOGE-USD+0.0100%1h0.1033+0.184%$259K$968K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1032+0.068%$72K$457K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1031+0.034%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1032+0.130%$36K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1031+0.010%$2K$5.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1031−0.056%$6.0M$65.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1031+0.019%$94.8M$17.2M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1033+0.204%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1031−0.034%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1031+0.005%$20K3xas long as short
Katana Perps DOGE-USD+0.0124%8h0.1034+0.301%$931$495K10xas long as short
Reya DOGERUSDPERP+0.0192%1h0.1031+0.019%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1037+0.572%$16.7M$27.4M75xas long as short
Phoenix DOGE+0.0235%1h0.1047+1.500%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0244%1h0.1031−0.026%$5.5M$38.6M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0259% / S −0.0320%1h0.1032+0.049%$340K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1035+0.380%$460$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1032+0.097%$2.0M$33.1M50xas long as short
Hyperliquid DOGE+0.0543%1h0.1035+0.359%$128.7M$109.6M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1036+0.436%$112K$200K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1035+0.339%$418K$428K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+2.124%$6K$242K12xas long as short