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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: SoDEX against edgeX+0.143%45s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 3 days (all we have)−0.135%−$13 · spread now +0.143%, 7d avg +0.023%
Together, before fees−0.141%+ Points / potential airdropedgeX: Active · farm board−$14 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: SoDEX is 0.120% dearer against edgeX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.10020.0100pay 0.0050% / 4h3h 31m$260K$107.0M20x
ShortSoDEX DOGE-USD0.10040.0100get 0.0013% / 1h31m 38s$2K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.143% → +0.023%
$11.97
Slippage, 4 orders
−$5.98
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$11.01
Costs to cover
0.230%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; SoDEX: live order book, 3 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, 3 min ago2.49 bp7.0 bp −$77.3 bp −$7314.3 bp −$1,428doesn't fit
Sell SoDEX live order book, 3 min ago0.50 bp4.5 bp −$48.2 bp −$82141.3 bp −$14.1Kdoesn'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−0.0262%8h0.1000−0.197%$154.2M$255.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0035%1h0.1004+0.128%$5.9M$28.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1004+0.188%$351K$4.1M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1004+0.180%$628K$88K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1002−0.014%$33K150xas long as short
dYdX DOGE-USD+0.0028%1h0.09995−0.284%$224K$44K10xas long as short
Gate DOGE_USDT+0.0080%8h0.1000−0.237%$235.5M$118.0M75xas long as short
Phoenix DOGE+0.0081%1h0.1009+0.693%$18K$207K10xas long as short
Katana Perps DOGE-USD+0.0093%8h0.1001−0.177%$2K$319K10xas long as short
Lighter DOGE+0.0096%1h0.1000−0.209%$804K$4.9M15xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1001−0.136%$4.7M$39.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1001−0.177%$358K$504K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001−0.159%$320.6M$1.23B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001−0.157%$157.4M$389.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001−0.147%$108.9M$884.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1001−0.107%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1005+0.236%$385K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1000−0.227%$146.0M$197.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09996−0.276%$66.2M$37.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1001−0.187%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.748%$997K$7.3Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.1002long leg$260K$107.0M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.1002+0.004%$635K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1002−0.037%$144K$216K25xas long as short
Nado DOGE-PERP+0.0100%1h0.1000−0.187%$712K$659K10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1003+0.013%$281K$562K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1004+0.133%$73K$360K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1004+0.132%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1004+0.193%$35K$2.1M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.1004+0.143%$2K$3.2M10x
HTX DOGE-USDT+0.0100%8h0.1003+0.075%$6.0M$44.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1003+0.103%$93.3M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1000−0.232%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09999−0.250%$561K$3.4M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006+0.359%$19K3xas long as short
Reya DOGERUSDPERP+0.0171%1h0.1003+0.029%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1002−0.045%$529$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001−0.127%$15.1M$22.3M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.1005+0.222%$2.0M$21.7M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0265%1h0.1002+0.003%$310K200xas long as short
Backpack DOGE_USDC_PERP+0.0389%1h0.1002−0.047%$528K$810K15xas long as short
RISEx DOGE/USDC+0.0530%1h0.1002−0.087%$316K$485K10xas long as short
Injective DOGE/USDC PERP+0.0892%1h0.1012+0.961%$5K$127K12xas long as short
Hyperliquid DOGE+0.1205%1h0.1004+0.143%$121.8M$67.6M10xas long as short