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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.025%
Price spread now: KuCoin against Coinbase International+0.071%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$380.384% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.071%, 7d avg −0.030%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.100% dearer against Coinbase International than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.030%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099100.0248pay 0.0031% / 1h4m 10s$2.3M$26.4M50x
ShortKuCoin DOGEUSDTM0.099170.0100get 0.0100% / 8h5h 04m$65.6M$43.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Coinbase International. 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
−$31.08
Price spread: +0.071% → −0.030%
$10.03
Slippage, 4 orders
−$16.35
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$59.41
Costs to cover
0.384%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; KuCoin: 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 Coinbase International live order book, 5 min ago0.50 bp9.1 bp −$917.1 bp −$17157.8 bp −$5,780doesn't fit
Sell KuCoin live order book, 5 min ago2.01 bp9.9 bp −$1013.9 bp −$13934.2 bp −$3,419doesn'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
Bitget DOGEUSDT−0.0071%8h0.09909−0.010%$149.8M$274.3M75xas long as short
dYdX DOGE-USD0.0000%1h0.09908−0.020%$222K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09908−0.020%$428K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09910−0.004%$23K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0043%1h0.09914+0.035%$592K$118K25xas long as short
Lighter DOGE+0.0096%1h0.09922+0.121%$750K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09909−0.010%$895$444K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09903−0.066%$527K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09907−0.032%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09914+0.038%$326K$484K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09916+0.057%$317.2M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09915+0.050%$159.7M$441.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09918+0.081%$110.3M$987.9M50xas long as short
Gate DOGE_USDT+0.0100%8h0.09915+0.050%$242.6M$134.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09917+0.071%$110.2M$232.4M300xas long as short
KuCoin DOGEUSDTMshort+0.0100%8h0.09917+0.071%$65.6M$43.4M75x
BingX DOGE-USDC+0.0100%8h0.09907−0.030%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09914+0.040%$322K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09887−0.236%$979K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09916+0.059%$294K$128.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09944+0.346%$633K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09940+0.303%$145K$281K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09902−0.078%$252K$749K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09911+0.010%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09910−0.003%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09899−0.107%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09913+0.030%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09903−0.076%$5.9M$56.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09917+0.071%$91.2M$16.6M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09900−0.101%$379K$010xas long as short
Paradex DOGE-USD-PERP+0.0102%8h0.09906−0.043%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.099100.000%$496K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09911+0.006%$19K3xas long as short
Reya DOGERUSDPERP+0.0188%1h0.09903−0.069%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09914+0.035%$528$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09891−0.192%$15.5M$25.0M75xas long as short
Phoenix DOGE+0.0240%1h0.09916+0.060%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09909−0.011%$310K200xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0248%1h0.09910long leg$2.3M$26.4M50x
Kraken Futures PF_DOGEUSD+0.0308%1h0.09917+0.074%$5.7M$35.4M50xas long as short
Hyperliquid DOGE+0.0498%1h0.09926+0.162%$120.9M$99.5M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09914+0.035%$400K$391K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09920+0.101%$117K$189K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.09960+0.505%$5K$239K12xas long as short