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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Bulk against BloFin+0.632%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$33as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.146%−$15 on $10k
Price spread, last 4 days (all we have)−0.577%−$58 · spread now +0.632%, 7d avg −0.005%
Together, before fees−0.724%−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bulk is 0.636% dearer against BloFin than usual: you sell high and buy low (spread +0.632% now, against its 7-day average of −0.005%): +$64 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOGE-USDT0.098130.0220pay 0.0220% / 8h7h 29m$15.5M$26.6M75x
ShortBulk DOGE-USD0.098750.0100get 0.0013% / 1h29m 08s$377K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
−$25.2
Price spread: +0.632% → −0.005%
$63.64
Slippage, 4 orders
−$11.2
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$8.25
Costs to cover
0.302%
Break-even
from the start
Slippage from BloFin: live order book, 5 min ago; Bulk: live order book, 5 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, 5 min ago0.51 bp6.5 bp −$78.1 bp −$8123.0 bp −$2,30055.3 bp −$27.6K
Sell Bulk live order book, 5 min ago5.09 bp8.6 bp −$98.6 bp −$8617.1 bp −$1,70829.5 bp −$14.7K

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−0.0097%1h0.09815+0.025%$5.4M$40.6M50xas long as short
Bitget DOGEUSDT−0.0015%8h0.09806−0.071%$139.0M$346.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09815+0.023%$537K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09811−0.024%$35K150xas long as short
Gate DOGE_USDT+0.0004%8h0.09808−0.051%$248.2M$154.3M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.307%$6K$242K12xas long as short
Phoenix DOGE+0.0081%1h0.09816+0.028%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09822+0.088%$819K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09808−0.051%$2K$545K10xas long as short
Nado DOGE-PERP+0.0100%1h0.098130.000%$501K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09818+0.053%$122.4M$116.9M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09815+0.022%$4.9M$58.9M75xas long as short
Pacifica DOGE+0.0100%1h0.09818+0.047%$319K$481K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09815+0.020%$324.9M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09808−0.051%$162.7M$521.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09812−0.010%$113.3M$1.18B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09811−0.020%$16K$306K10xas long as short
Bulk DOGE-USDshort+0.0100%1h0.09875+0.632%$377K$2K10x
MEXC DOGE_USDT+0.0100%8h0.09815+0.020%$116.7M$259.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.098130.000%$65.5M$49.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09812−0.010%$53.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09812−0.010%$297K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09822+0.090%$1.0M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09824+0.113%$298K$139.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09821+0.082%$617K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09830+0.173%$140K$347K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09807−0.056%$255K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09812−0.010%$70K$465K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09809−0.044%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09813−0.003%$34K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.098130.000%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09810−0.025%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09817+0.041%$89.7M$16.5M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09815+0.022%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09806−0.066%$476K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09810−0.026%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0107%1h0.09815+0.021%$556K$297K25xas long as short
Reya DOGERUSDPERP+0.0202%1h0.09809−0.037%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09815+0.020%$1.9M$34.6M50xas long as short
BloFin DOGE-USDTlong+0.0220%8h0.09813long leg$15.5M$26.6M75x
01 Exchange DOGEUSD+0.0224%1h0.09814+0.012%$452$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0235% / S −0.0207%1h0.09815+0.016%$294K200xas long as short
dYdX DOGE-USD+0.0538%1h0.09814+0.008%$230K$74K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.09816+0.029%$395K$448K10xas long as short