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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0482%/8h= −52.8% APRnext payment $4.82 per $10,000 · paid last 24h −0.036%
Price spread now: Bitget against BloFin−0.169%55s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.245%−$25 on $10k
Price spread, last 3 days (all we have)+0.165%+$17 · spread now −0.169%, 7d avg −0.052%
Together, before fees−0.080%−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.118% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.052%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOGE-USDT0.10050.0220pay 0.0220% / 8h1h 18m$15.3M$24.9M75x
ShortBitget DOGEUSDT0.1003−0.0262pay 0.0262% / 8h1h 18m$153.1M$266.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$101.22
Price spread: −0.169% → −0.052%
−$11.77
Slippage, 4 orders
−$9.73
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$146.71
Costs to cover
0.337%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 1 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 BloFin live order book, 6 min ago2.49 bp8.6 bp −$911.4 bp −$11424.1 bp −$2,41438.8 bp −$19.4K
Sell Bitget live order book, 1 min ago0.50 bp9.1 bp −$910.1 bp −$10119.4 bp −$1,93929.9 bp −$15.0K

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 DOGEUSDTshort−0.0262%8h0.1003−0.169%$153.1M$266.4M75x
Kalshi KXDOGEPERP0.0000%8h0.1004−0.030%$418K$4.7M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1004−0.077%$608K$109K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1004−0.049%$32K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1004−0.042%$225K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1009+0.391%$67K$222K10xas long as short
Lighter DOGE+0.0096%1h0.1004−0.046%$791K$5.4M15xas long as short
Gate DOGE_USDT+0.0096%8h0.1004−0.080%$241.8M$124.5M75xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1004−0.100%$838$371K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1005−0.010%$570K$861K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1004−0.028%$4.9M$43.8M75xas long as short
Pacifica DOGE+0.0100%1h0.1005−0.007%$335K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1004−0.083%$319.5M$1.32B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1004−0.090%$159.2M$421.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1004−0.070%$109.5M$931.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.10050.000%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1006+0.152%$386K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1004−0.030%$112.2M$217.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1004−0.040%$66.1M$41.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1004−0.060%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1007+0.241%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1008+0.301%$276K$116.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1008+0.288%$634K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1009+0.428%$148K$245K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1004−0.080%$268K$542K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1004−0.060%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1004−0.073%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1005+0.038%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004−0.070%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1004−0.035%$6.0M$50.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1003−0.119%$93.0M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1004−0.027%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1003−0.124%$559K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1004−0.060%$19K3xas long as short
Reya DOGERUSDPERP+0.0177%1h0.1004−0.069%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1004−0.069%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1005−0.010%$2.0M$23.6M50xas long as short
BloFin DOGE-USDTlong+0.0220%8h0.1005long leg$15.3M$24.9M75x
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0193%1h0.1004−0.043%$361K200xas long as short
Kraken Futures PF_DOGEUSD+0.0363%1h0.1004−0.105%$5.9M$32.8M50xas long as short
Backpack DOGE_USDC_PERP+0.0409%1h0.1005−0.010%$537K$956K15xas long as short
Hyperliquid DOGE+0.0453%1h0.1006+0.080%$111.7M$83.2M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.10050.000%$315K$476K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1006+0.129%$5K$223K12xas long as short