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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0094%/8hnext payment +$0.12 per $10,000 · paid last 24h +0.033%
Price spread now: Pacifica against Deribit−0.017%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.213%+$21 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.017%, 7d avg +0.011%
Together, before fees+0.230%+ Points / potential airdropPacifica: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.028% cheaper against Deribit than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.011%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.097740.0006pay 0.0001% / 1h5m 31s$611K$72K25x
ShortPacifica DOGE0.097730.0100get 0.0013% / 1h5m 31s$356K$512K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$19.74
Price spread: −0.017% → +0.011%
−$2.8
Slippage, 4 orders
−$17.79
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$15.85
Costs to cover
0.328%
Break-even
12.6 days
Slippage from Deribit: live order book, 27 min ago; Pacifica: live order book, 27 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, 27 min ago4.57 bp10.1 bp −$1015.7 bp −$157doesn't fitdoesn't fit
Sell Pacifica live order book, 27 min ago1.52 bp9.1 bp −$915.2 bp −$152doesn'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
Bitget DOGEUSDT−0.0220%8h0.09752−0.229%$151.2M$250.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09773−0.017%$406K$3.9M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09768−0.062%$32K150xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0006%1h0.09774long leg$611K$72K25x
dYdX DOGE-USD+0.0017%1h0.09771−0.030%$219K$44K10xas long as short
Gate DOGE_USDT+0.0069%8h0.09772−0.025%$235.3M$116.3M75xas long as short
Phoenix DOGE+0.0080%1h0.09794+0.198%$16K$197K10xas long as short
Katana Perps DOGE-USD+0.0091%8h0.09775+0.006%$1K$299K10xas long as short
Lighter DOGE+0.0096%1h0.09775+0.010%$774K$4.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09765−0.091%$698K$641K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09771−0.039%$4.5M$37.3M75xas long as short
Pacifica DOGEshort+0.0100%1h0.09773−0.017%$356K$512K20x
Binance DOGEUSDT+0.0100%8h0.09775+0.006%$310.3M$1.19B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09773−0.014%$152.9M$377.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09766−0.086%$104.8M$837.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09781+0.068%$27K$73K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09778+0.033%$375K$11K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09771−0.035%$125.3M$189.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09768−0.065%$65.1M$36.8M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09770−0.045%$71.1Mas long as short
Variational Omni DOGE+0.0100%8h0.09774+0.001%$1.3M$6.9Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09796+0.219%$254K$102.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09778+0.037%$622K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09780+0.057%$143K$207K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09766−0.082%$280K$541K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09771−0.035%$60K$323K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09768−0.062%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09770−0.041%$34K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09767−0.076%$2K$3.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09773−0.016%$5.8M$43.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09770−0.045%$91.0M$19.7M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09771−0.038%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09769−0.052%$577K$3.3M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09770−0.045%$19K3xas long as short
01 Exchange DOGEUSD+0.0120%1h0.09778+0.040%$516$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0126%1h0.09775+0.006%$520K$789K15xas long as short
Reya DOGERUSDPERP+0.0170%1h0.09762−0.128%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09775+0.006%$15.0M$21.2M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0232%1h0.09775+0.006%$2.0M$20.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0238% / S −0.0250%1h0.09769−0.059%$292K200xas long as short
Kraken Futures PF_DOGEUSD+0.0461%1h0.09769−0.057%$5.8M$27.8M50xas long as short
Hyperliquid DOGE+0.0633%1h0.09781+0.071%$110.4M$60.6M10xas long as short
RISEx DOGE/USDC+0.0699%1h0.09781+0.073%$309K$477K10xas long as short
Injective DOGE/USDC PERP+0.0921%1h0.09760−0.147%$5K$146K12xas long as short