DOGE

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.191%

7d average—if it closes, per $10,000$19funding while held, a day+$24.26

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive DOGE-PERP	0.09416	0.0100	pay 0.0013% / 1h	39m 58s	$23K	$1K	10x
Short	Hyperliquid DOGE	0.09434	0.0909	get 0.0114% / 1h	39m 58s	$97.4M	$37.1M	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee DerivebpFee HyperliquidbpOrdersClose when spread is

Spread captured: $19.1
Funding while held: $24.26
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $28.36
Spread needed to break even: 0.150%

Slippage unknown: Derive: no order-book sample; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0809%
Per $10,000 a day: +$24.26
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Derive no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 5 min ago	0.53 bp	5.6 bp −$6	8.1 bp −$81	doesn't fit	doesn'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 price on every exchange

against the cheapest. Click to use as the short leg.

ApeX Omni0.09390cheapest Variational Omni0.09393+0.027%edgeX0.09395+0.052%dYdX0.09398+0.085%BloFin0.09400+0.106%HTX0.09402+0.129%Phoenix0.09409+0.206%Extended0.09410+0.215%Bybit0.09411+0.224%Bitget0.09411+0.224%BingX0.09411+0.224%Nado0.09412+0.234%Kalshi0.09412+0.235%Pacifica0.09413+0.248%OKX0.09414+0.256%Gate0.09414+0.256%MEXC0.09415+0.266%Binance0.09415+0.267%

Derive0.09416+0.272%

GMX0.09416+0.273%Paradex0.09416+0.275%Reya0.09416+0.276%gTrade (Gains Network)0.09416+0.282%Orderly0.09417+0.288%Polymarket Perps0.09417+0.290%Aster0.09417+0.293%Katana Perps0.09418+0.298%KuCoin0.09418+0.298%Aevo0.09418+0.299%Phemex0.09419+0.309%Bulk0.09419+0.309%SunX0.09419+0.312%SoDEX0.09420+0.319%Deribit0.09421+0.331%Kraken Futures0.09421+0.334%01 Exchange0.09422+0.337%Arcus0.09422+0.341%Coinbase International0.09422+0.341%RISEx0.09424+0.357%Backpack0.09426+0.383%Lighter0.09427+0.398%Injective0.09430+0.426%

Hyperliquid0.09434+0.463%

DOGE on 43 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni DOGEUSDT	−0.271%	+0.0100%	1h	$128K	$155K	25x	as long as short
Variational Omni DOGE	−0.244%	+0.0100%	8h	$915K	$2.6M	—	as long as short
edgeX DOGEUSDC	−0.219%	+0.0100%	4h	$338K	$65.3M	20x	as long as short
dYdX DOGE-USD	−0.186%	+0.0244%	1h	$212K	$43K	10x	as long as short
BloFin DOGE-USDT	−0.165%	+0.0220%	8h	$13.6M	$11.2M	75x	as long as short
HTX DOGE-USDT	−0.143%	+0.0100%	8h	$5.9M	$25.3M	75x	as long as short
Phoenix DOGE	−0.066%	+0.0086%	1h	$22K	$115K	10x	as long as short
Extended DOGE-USD	−0.057%	+0.0216%	1h	$561K	$1.4M	50x	as long as short
Bybit DOGEUSDT	−0.048%	+0.0100%	8h	$145.8M	$245.2M	75x	as long as short
Bitget DOGEUSDT	−0.048%	+0.0100%	8h	$124.8M	$136.7M	75x	as long as short

Show all 43 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BingX DOGE-USDC	−0.048%	+0.0100%	8h	—	$3.4M	—	as long as short
Nado DOGE-PERP	−0.037%	+0.0100%	1h	$699K	$265K	10x	as long as short
Kalshi KXDOGEPERP	−0.036%	0.0000%	8h	$373K	$2.2M	2.8x	as long as short
Pacifica DOGE	−0.024%	+0.0100%	1h	$370K	$372K	20x	as long as short
OKX DOGE-USDT-SWAP	−0.016%	+0.0100%	8h	$97.9M	$529.9M	50x	as long as short
Gate DOGE_USDT	−0.016%	+0.0058%	8h	$224.4M	$87.3M	75x	as long as short
MEXC DOGE_USDT	−0.006%	+0.0100%	8h	$109.3M	$110.7M	300x	as long as short
Binance DOGEUSDT	−0.005%	+0.0100%	8h	$278.5M	$771.1M	75x	as long as short
Derive DOGE-PERPlong	0.000%	+0.0100%	1h	$23K	$1K	10x
GMX DOGE/USD [ETH-USDC]	+0.001%	L +0.0240% / S −0.0264%	1h	$291K	—	200x	as long as short
Paradex DOGE-USD-PERP	+0.003%	+0.0100%	8h	$18K	$2K	30x	as long as short
Reya DOGERUSDPERP	+0.004%	+0.0153%	1h	$2K	—	20x	as long as short
gTrade (Gains Network) DOGE/USD	+0.010%	L +0.0001% / S −0.0001%	1h	$35K	—	150x	as long as short
Orderly PERP_DOGE_USDC	+0.016%	+0.0097%	8h	$66K	$272K	50x	as long as short
Polymarket Perps DOGE-USD	+0.018%	+0.0100%	1h	$268K	$217K	10x	as long as short
Aster DOGEUSDT	+0.021%	+0.0100%	8h	$4.5M	$22.4M	75x	as long as short
Katana Perps DOGE-USD	+0.026%	+0.0100%	8h	$826	$134K	10x	as long as short
KuCoin DOGEUSDTM	+0.026%	+0.0100%	8h	$61.7M	$25.4M	75x	as long as short
Aevo DOGE-PERP	+0.027%	+0.0104%	1h	$18K	—	3x	as long as short
Phemex DOGEUSDT	+0.037%	+0.0100%	8h	$88.9M	$19.4M	50x	as long as short
Bulk DOGE-USD	+0.037%	+0.0100%	1h	$361K	$50K	10x	as long as short
SunX DOGE-USDT	+0.040%	+0.0100%	8h	$33K	$1.6M	30x	as long as short
SoDEX DOGE-USD	+0.048%	+0.0100%	1h	$1K	$1.3M	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.059%	0.0000%	1h	$599K	$46K	25x	as long as short
Kraken Futures PF_DOGEUSD	+0.062%	−0.0097%	1h	$6.3M	$20.5M	50x	as long as short
01 Exchange DOGEUSD	+0.065%	+0.0240%	1h	$395	$9K	10x	as long as short
Arcus DOGE-USD	+0.069%	+0.0100%	1h	$21K	$27K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.069%	+0.0152%	1h	$1.6M	$10.0M	50x	as long as short
RISEx DOGE/USDC	+0.085%	+0.0656%	1h	$303K	$372K	10x	as long as short
Backpack DOGE_USDC_PERP	+0.111%	+0.0377%	1h	$519K	$578K	15x	as long as short
Lighter DOGE	+0.126%	+0.0280%	1h	$973K	$2.0M	15x	as long as short
Injective DOGE/USDC PERP	+0.154%	+0.0935%	1h	$5K	$73K	12x	as long as short
Hyperliquid DOGEshort	+0.191%	+0.0909%	1h	$97.4M	$37.1M	10x