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−0.0170%/8h= −18.6% APRpaid last 24h +0.017%
Price spread now: SunX against Deribit+0.047%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$650.646% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.047%, 7d avg +0.029%
Together, before fees+0.167%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.197%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.099970.0270pay 0.0034% / 1h48m 31s$574K$252K25x
ShortSunX DOGE-USDT0.10000.0100get 0.0100% / 8h1h 48m$35K$2.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$35.7
Price spread: +0.047% → +0.029%
$1.82
Slippage, 4 orders
−$49.62
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$98.5
Costs to cover
0.646%
Break-even
never at this rate
Slippage from Deribit: live order book, 60 min ago; SunX: live order book, 8 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, 60 min ago5.00 bp8.5 bp −$815.7 bp −$157doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago18.09 bp24.1 bp −$2431.8 bp −$318doesn'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%1h0.09997+0.003%$5.7M$40.4M50xas long as short
Polymarket Perps DOGE-USD−0.0011%1h0.09982−0.152%$267K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.09995−0.022%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001+0.105%$602K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09996−0.013%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.333%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0079%8h0.09977−0.199%$142.2M$344.3M75xas long as short
Phoenix DOGE+0.0080%1h0.1002+0.212%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1000+0.070%$854K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1000+0.046%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09988−0.091%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09999+0.021%$320K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09985−0.117%$327.9M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09984−0.129%$165.2M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09986−0.109%$116.6M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990−0.069%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09988−0.089%$251.1M$154.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09986−0.109%$110.6M$257.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09985−0.119%$66.4M$50.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09988−0.089%$80.8Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1001+0.091%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992−0.051%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09994−0.028%$303K$140.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1000+0.045%$640K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.169%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09995−0.019%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09993−0.042%$19K$7K10xas long as short
SunX DOGE-USDTshort+0.0100%8h0.1000+0.047%$35K$2.3M30x
SoDEX DOGE-USD+0.0100%1h0.09996−0.009%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09996−0.004%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09998+0.011%$91.8M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.099970.000%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09986−0.111%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09995−0.022%$19K3xas long as short
Katana Perps DOGE-USD+0.0110%8h0.09988−0.089%$834$530K10xas long as short
Hyperliquid DOGE+0.0111%1h0.09993−0.036%$123.8M$116.2M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09982−0.151%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09998+0.011%$16.2M$27.1M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09997+0.001%$1.9M$34.7M50xas long as short
01 Exchange DOGEUSD+0.0248%1h0.09987−0.101%$444$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09996−0.013%$314K200xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0270%1h0.09997long leg$574K$252K25x
Arcus DOGE-USD+0.0387%1h0.09986−0.109%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09992−0.049%$402K$452K10xas long as short