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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.059%
Price spread now: Arcus against Bitget+0.121%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.071%+$7 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.121%, 7d avg +0.055%
Together, before fees+0.005%+$1 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 Arcus is 0.066% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DOGEUSDT0.099310.0022pay 0.0022% / 8h40m 23s$140.7M$346.9M75x
ShortArcus DOGE-USD0.099430.0100get 0.0013% / 1h40m 23s$17K$308K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
$16.38
Price spread: +0.121% → +0.055%
$6.57
Slippage, 4 orders
−$14.4
Fee Bitget: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$7.96
Costs to cover
0.309%
Break-even
10.4 days
Slippage from Bitget: live order book, 4 min ago; Arcus: live order book, 58 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, 4 min ago0.50 bp7.4 bp −$79.2 bp −$9222.0 bp −$2,19771.9 bp −$36.0K
Sell Arcus live order book, 58 min ago3.00 bp8.7 bp −$924.2 bp −$242doesn'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−0.0060%1h0.09934+0.035%$5.6M$40.7M50xas long as short
dYdX DOGE-USD0.0000%1h0.09953+0.217%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09968+0.377%$594K$6.5M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09940+0.087%$570K$252K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09939+0.085%$35K150xas long as short
Bitget DOGEUSDTlong+0.0022%8h0.09931long leg$140.7M$346.9M75x
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.032%$6K$242K12xas long as short
Polymarket Perps DOGE-USD+0.0037%1h0.09936+0.049%$259K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09956+0.250%$836K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09940+0.096%$536K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09947+0.163%$123.8M$117.2M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09943+0.116%$4.5M$59.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09951+0.201%$319K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09941+0.101%$328.2M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09935+0.040%$164.6M$524.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09937+0.060%$115.9M$1.20B50xas long as short
Arcus DOGE-USDshort+0.0100%1h0.09943+0.121%$17K$308K10x
Bulk DOGE-USD+0.0100%1h0.09921−0.099%$381K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09935+0.040%$249.1M$156.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09939+0.081%$117.1M$258.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09939+0.081%$66.2M$49.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09938+0.070%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09965+0.342%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09964+0.328%$1.1M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09966+0.356%$303K$139.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09982+0.510%$629K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980+0.493%$146K$342K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09937+0.060%$71K$472K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09968+0.373%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09949+0.182%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09933+0.020%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09970+0.397%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09966+0.352%$91.3M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09949+0.186%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09933+0.018%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09938+0.065%$19K3xas long as short
Katana Perps DOGE-USD+0.0107%8h0.09938+0.070%$830$539K10xas long as short
Phoenix DOGE+0.0160%1h0.09978+0.473%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0199%1h0.09928−0.028%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09961+0.302%$1.9M$34.8M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09964+0.332%$15.5M$27.0M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09939+0.077%$313K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.09946+0.150%$442$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.09946+0.156%$405K$462K10xas long as short