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

DOGE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0287%/8h= +31.4% APRnext payment +$0.36 per $10,000 · paid last 24h +0.026%
Price spread now: Arcus against Derive+0.197%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Arcus is 0.197% dearer against Derive than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive DOGE-PERP0.10030.0100pay 0.0013% / 1h57m 43s$19K$7K10x
ShortArcus DOGE-USD0.10050.0387get 0.0048% / 1h57m 43s$27K$300K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Derive. 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
$60.29
Price spread: +0.197% → 0.000%
$19.7
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$69.49
Costs to cover
0.105%
Break-even
from the start
Slippage unknown: Derive: no order-book sample; Arcus: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample
Sell Arcus live order book, 46 min ago2.01 bp7.6 bp −$824.0 bp −$240doesn't fitdoesn't fit
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.1003−0.009%$5.7M$40.3M50xas long as short
dYdX DOGE-USD0.0000%1h0.1003+0.047%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1004+0.079%$598K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1003+0.006%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.014%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0089%8h0.1003−0.012%$143.1M$343.3M75xas long as short
Lighter DOGE+0.0096%1h0.1004+0.110%$857K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1004+0.152%$542K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1004+0.108%$4.6M$58.2M75xas long as short
Pacifica DOGE+0.0100%1h0.1004+0.093%$321K$501K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1003+0.067%$330.3M$1.70B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1003+0.067%$166.3M$519.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1004+0.107%$118.2M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1001−0.161%$385K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1003+0.057%$251.0M$153.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1004+0.087%$112.2M$256.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1003+0.067%$66.6M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1004+0.087%$80.8Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1003+0.007%$315K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.1002−0.076%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002−0.083%$315K$140.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1002−0.062%$631K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1002−0.072%$151K$336K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1004+0.137%$269K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1003−0.002%$64K$477K50xas long as short
Derive DOGE-PERPlong+0.0100%1h0.1003long leg$19K$7K10x
SunX DOGE-USDT+0.0100%8h0.1003+0.064%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1003−0.012%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1003+0.050%$5.9M$68.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1003+0.017%$92.1M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1003+0.034%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1003+0.063%$487K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1003+0.016%$19K3xas long as short
Katana Perps DOGE-USD+0.0110%8h0.1004+0.157%$1K$527K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0159%1h0.1003+0.023%$575K$252K25xas long as short
Hyperliquid DOGE+0.0194%1h0.1004+0.177%$124.5M$116.3M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.1004+0.169%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001−0.162%$16.1M$27.1M75xas long as short
Phoenix DOGE+0.0240%1h0.1003−0.007%$18K$379K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1004+0.087%$2.0M$34.6M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0251% / S −0.0294%1h0.1003+0.059%$317K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1005+0.237%$447$4K10xas long as short
Arcus DOGE-USDshort+0.0387%1h0.1005+0.197%$27K$300K10x
RISEx DOGE/USDC+0.0626%1h0.1005+0.228%$407K$453K10xas long as short