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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0386%/8h= +42.2% APRnext payment +$0.48 per $10,000 · paid last 24h +0.133%
Price spread now: RISEx against Coinbase International−0.113%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.343%+$34 on $10k
Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.113%, 7d avg +0.022%
Together, before fees+0.511%+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.135% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.022%). If the spread goes back, that is −$13 on $10k: about 28 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.10010.0240pay 0.0030% / 1h53m 28s$2.0M$34.5M50x
ShortRISEx DOGE/USDC0.099960.0626get 0.0078% / 1h53m 28s$403K$456K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$80.98
Price spread: −0.113% → +0.022%
−$13.49
Slippage, 4 orders
−$14.15
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$37.34
Costs to cover
0.301%
Break-even
3.8 days
Slippage from Coinbase International: live order book, 6 min ago; RISEx: live order book, 55 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, 6 min ago1.50 bp8.7 bp −$916.4 bp −$16437.3 bp −$3,734doesn't fit
Sell RISEx live order book, 55 min ago2.50 bp5.5 bp −$611.2 bp −$112doesn'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−0.0082%1h0.1001+0.021%$5.7M$40.4M50xas long as short
Polymarket Perps DOGE-USD−0.0038%1h0.09979−0.279%$268K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.1000−0.043%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001+0.008%$596K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09984−0.230%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.226%$6K$242K12xas long as short
Phoenix DOGE+0.0080%1h0.1001−0.016%$18K$382K10xas long as short
Bitget DOGEUSDT+0.0084%8h0.09978−0.290%$142.3M$343.9M75xas long as short
Lighter DOGE+0.0096%1h0.1001+0.064%$855K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09989−0.175%$539K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09986−0.210%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1000−0.024%$320K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09985−0.218%$328.0M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09979−0.280%$165.2M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09983−0.240%$117.1M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1001+0.041%$385K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09997−0.100%$250.9M$153.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09987−0.200%$110.8M$257.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09985−0.220%$66.5M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09982−0.250%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001−0.020%$322K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992−0.152%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09998−0.093%$313K$140.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09999−0.080%$639K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.030%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1001−0.010%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1001−0.011%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1000−0.063%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.10010.000%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1001−0.020%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001−0.020%$91.9M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1001−0.015%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1000−0.067%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.10010.000%$19K3xas long as short
Katana Perps DOGE-USD+0.0110%8h0.09990−0.170%$835$530K10xas long as short
Hyperliquid DOGE+0.0119%1h0.09993−0.141%$123.8M$116.1M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09984−0.232%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09996−0.110%$16.3M$27.0M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.1001long leg$2.0M$34.5M50x
01 Exchange DOGEUSD+0.0248%1h0.09991−0.159%$444$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0294%1h0.09997−0.095%$316K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0360%1h0.1001+0.041%$574K$252K25xas long as short
Arcus DOGE-USD+0.0387%1h0.09991−0.160%$27K$300K10xas long as short
RISEx DOGE/USDCshort+0.0626%1h0.09996−0.113%$403K$456K10x