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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against edgeX−0.533%64s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.373%−$37 on $10k
Price spread, last 4 days (all we have)+0.590%+$59 · spread now −0.533%, 7d avg +0.002%
Together, before fees+0.218%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.535% cheaper against edgeX than usual: you would sell low and buy high, −$53 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.10310.0100pay 0.0050% / 4h3h 24m$329K$135.6M20x
ShortPolymarket Perps DOGE-USD0.10260.0100get 0.0013% / 1h24m 16s$259K$979K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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
$0
Price spread: −0.533% → +0.002%
−$53.49
Slippage, 4 orders
−$16.07
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$86.56
Costs to cover
0.331%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; Polymarket Perps: live order book, 29 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 edgeX live order book, 5 min ago2.90 bp7.4 bp −$77.7 bp −$7714.7 bp −$1,471doesn't fit
Sell Polymarket Perps live order book, 29 min ago3.79 bp7.8 bp −$88.2 bp −$82doesn'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
Kalshi KXDOGEPERP0.0000%8h0.1026−0.485%$710K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1026−0.521%$24K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1026−0.572%$230K$70K10xas long as short
Bitget DOGEUSDT+0.0057%8h0.1029−0.193%$134.2M$315.7M75xas long as short
Lighter DOGE+0.0096%1h0.1027−0.413%$726K$6.4M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1027−0.470%$556K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1026−0.497%$4.9M$54.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1026−0.508%$329K$518K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1027−0.413%$340.3M$1.61B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1027−0.387%$168.5M$496.3M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1028−0.290%$117.0M$1.15B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1046+1.432%$402K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1029−0.271%$254.3M$145.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1028−0.300%$117.2M$244.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1027−0.474%$67.4M$48.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1028−0.310%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1028−0.290%$342K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1026−0.527%$1.1M$8.4Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.1031long leg$329K$135.6M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.1038+0.644%$656K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1032+0.049%$156K$329K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.1026−0.533%$259K$979K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1027−0.474%$69K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1026−0.489%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1027−0.455%$36K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1026−0.504%$2K$5.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1027−0.473%$6.1M$65.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1027−0.426%$94.4M$17.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1026−0.540%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1026−0.493%$497K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1027−0.474%$20K3xas long as short
Katana Perps DOGE-USD+0.0122%8h0.1026−0.504%$2K$497K10xas long as short
Reya DOGERUSDPERP+0.0192%1h0.1026−0.504%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1027−0.436%$16.7M$27.2M75xas long as short
Phoenix DOGE+0.0235%1h0.1031−0.034%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0245%1h0.1026−0.518%$5.5M$38.8M50xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1028−0.363%$457$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0256% / S −0.0309%1h0.1026−0.520%$331K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1027−0.445%$2.1M$33.3M50xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0374%1h0.1027−0.441%$583K$247K25xas long as short
Hyperliquid DOGE+0.0529%1h0.1030−0.116%$128.6M$110.1M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1028−0.319%$111K$200K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1027−0.387%$415K$428K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+2.085%$6K$242K12xas long as short