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−0.0231%/8h= −25.3% APRpaid last 24h −0.037%
Price spread now: Polymarket Perps against BloFin−0.163%45s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.543%−$54 on $10k
Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.163%, 7d avg −0.038%
Together, before fees−0.388%−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Polymarket Perps is 0.125% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.038%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOGE-USDT0.099980.0220pay 0.0220% / 8h1h 47m$16.2M$27.1M75x
ShortPolymarket Perps DOGE-USD0.09982−0.0011pay 0.0001% / 1h47m 36s$267K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$48.6
Price spread: −0.163% → −0.038%
−$12.5
Slippage, 4 orders
−$13.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$94.14
Costs to cover
0.330%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Polymarket Perps: 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 ago0.50 bp8.4 bp −$89.7 bp −$9714.9 bp −$1,48630.9 bp −$15.4K
Sell Polymarket Perps live order book, 1 min ago3.06 bp7.1 bp −$77.2 bp −$72doesn'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%1h0.09986−0.117%$5.7M$40.4M50xas long as short
Polymarket Perps DOGE-USDshort−0.0011%1h0.09982−0.163%$267K$1.2M10x
dYdX DOGE-USD0.0000%1h0.09977−0.215%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09994−0.043%$601K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09981−0.169%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.321%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0078%8h0.09970−0.280%$142.2M$344.3M75xas long as short
Phoenix DOGE+0.0080%1h0.1002+0.201%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09986−0.118%$852K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09986−0.120%$539K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09978−0.202%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09981−0.171%$319K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09979−0.190%$327.7M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09980−0.180%$165.1M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09980−0.180%$116.5M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990−0.080%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09974−0.240%$250.8M$154.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09980−0.180%$110.6M$257.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09982−0.160%$66.4M$50.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09980−0.180%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09984−0.140%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992−0.061%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1000+0.024%$303K$140.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1000+0.034%$640K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.020%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09985−0.130%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09983−0.151%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09991−0.074%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09984−0.140%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09985−0.133%$5.9M$69.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09984−0.140%$91.7M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09976−0.219%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09971−0.267%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09985−0.130%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09977−0.210%$834$530K10xas long as short
Hyperliquid DOGE+0.0112%1h0.09990−0.078%$123.7M$116.2M10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0141%1h0.09987−0.107%$573K$252K25xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09982−0.162%$2K20xas long as short
BloFin DOGE-USDTlong+0.0220%8h0.09998long leg$16.2M$27.1M75x
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09990−0.080%$1.9M$34.7M50xas long as short
01 Exchange DOGEUSD+0.0248%1h0.09982−0.158%$444$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09983−0.154%$314K200xas long as short
Arcus DOGE-USD+0.0387%1h0.09986−0.120%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09984−0.142%$402K$452K10xas long as short