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+0.0526%/8h= +57.6% APRnext payment +$0.66 per $10,000 · paid last 24h +0.166%
Price spread now: RISEx against Bulk+0.019%61s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.370%+$37 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.019%, 7d avg +0.037%
Together, before fees+0.372%+$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk DOGE-USD0.099900.0100pay 0.0013% / 1h29m 14s$384K$16K10x
ShortRISEx DOGE/USDC0.099920.0626get 0.0078% / 1h29m 14s$402K$457K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Bulk. 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
$110.38
Price spread: +0.019% → +0.037%
−$1.77
Slippage, 4 orders
−$18.07
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$77.53
Costs to cover
0.311%
Break-even
2.1 days
Slippage from Bulk: live order book, 15 min ago; RISEx: live order book, 14 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 Bulk live order book, 15 min ago5.02 bp8.5 bp −$98.5 bp −$858.5 bp −$85219.9 bp −$9,938
Sell RISEx live order book, 14 min ago4.01 bp7.0 bp −$714.5 bp −$145doesn'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%1h0.09986−0.040%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09986−0.036%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09990−0.004%$611K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09983−0.067%$34K150xas long as short
Polymarket Perps DOGE-USD+0.0032%1h0.09988−0.016%$266K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.405%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0063%8h0.09976−0.140%$142.0M$344.1M75xas long as short
Phoenix DOGE+0.0080%1h0.09997+0.067%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1000+0.123%$852K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09993+0.035%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09992+0.020%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09997+0.068%$320K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09991+0.013%$328.6M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09985−0.050%$165.4M$520.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09989−0.010%$117.9M$1.20B50xas long as short
Bulk DOGE-USDlong+0.0100%1h0.09990long leg$384K$16K10x
Gate DOGE_USDT+0.0100%8h0.09987−0.030%$249.8M$156.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09991+0.010%$110.9M$258.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09998+0.080%$66.6M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09988−0.020%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09998+0.080%$304K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09984−0.063%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09985−0.047%$303K$140.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09988−0.020%$630K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.099900.000%$150K$338K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09989−0.010%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09967−0.234%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1000+0.105%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09986−0.040%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09994+0.036%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09985−0.050%$91.7M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09999+0.090%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09981−0.089%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09988−0.025%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09994+0.040%$835$536K10xas long as short
Hyperliquid DOGE+0.0123%1h0.09998+0.080%$124.1M$116.5M10xas long as short
Reya DOGERUSDPERP+0.0197%1h0.09980−0.097%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09984−0.060%$16.2M$27.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09998+0.080%$1.9M$34.8M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09986−0.041%$314K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1000+0.117%$445$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0281%1h0.09989−0.014%$573K$252K25xas long as short
Arcus DOGE-USD+0.0387%1h0.1000+0.100%$23K$305K10xas long as short
RISEx DOGE/USDCshort+0.0626%1h0.09992+0.019%$402K$457K10x