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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h +0.051%
Price spread now: BloFin against Deribit+0.020%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.367%+$37 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.020%, 7d avg +0.010%
Together, before fees+0.314%+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.367%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.099180.0234pay 0.0029% / 1h16m 56s$570K$258K25x
ShortBloFin DOGE-USDT0.099200.0220get 0.0220% / 8h16m 56s$15.5M$26.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Deribit. 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
−$2.94
Price spread: +0.020% → +0.010%
$1.01
Slippage, 4 orders
−$16.46
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$37.4
Costs to cover
0.355%
Break-even
never at this rate
Slippage from Deribit: live order book, 22 min ago; BloFin: live order book, 7 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 Deribit live order book, 22 min ago4.54 bp10.0 bp −$1016.9 bp −$169doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago1.01 bp9.4 bp −$910.4 bp −$10414.8 bp −$1,48328.8 bp −$14.4K

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−0.0060%1h0.09919+0.013%$5.6M$40.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09918−0.002%$580K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09912−0.057%$35K150xas long as short
dYdX DOGE-USD+0.0003%1h0.09910−0.083%$223K$63K10xas long as short
Bitget DOGEUSDT+0.0005%8h0.09909−0.091%$140.4M$347.9M75xas long as short
Polymarket Perps DOGE-USD+0.0027%1h0.09903−0.147%$257K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.171%$6K$242K12xas long as short
Lighter DOGE+0.0096%1h0.09924+0.057%$828K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09909−0.096%$536K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09926+0.080%$123.6M$117.3M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09919+0.007%$5.0M$59.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09920+0.015%$322K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09919+0.010%$327.8M$1.73B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09912−0.060%$163.9M$526.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.099180.000%$115.3M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09916−0.020%$16K$311K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09918+0.004%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09914−0.040%$249.2M$158.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09920+0.020%$117.0M$259.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09921+0.030%$66.2M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09916−0.020%$57.9Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09920+0.020%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09880−0.385%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09912−0.063%$301K$139.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09916−0.020%$628K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920+0.020%$142K$346K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09913−0.050%$71K$473K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09911−0.068%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09920+0.024%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09915−0.030%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09917−0.007%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09916−0.020%$90.7M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09914−0.040%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09915−0.031%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09914−0.042%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09911−0.071%$828$542K10xas long as short
Phoenix DOGE+0.0160%1h0.09902−0.166%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0200%1h0.09907−0.108%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09913−0.050%$1.9M$35.0M50xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.09920+0.020%$15.5M$26.9M75x
Deribit DOGE_USDC-PERPETUALlong+0.0234%1h0.09918long leg$570K$258K25x
GMX DOGE/USD [ETH-USDC]L +0.0235% / S −0.0235%1h0.09911−0.068%$282K200xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09921+0.032%$441$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.09921+0.035%$404K$458K10xas long as short