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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Extended+0.120%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days−0.191%−$19 · spread now +0.120%, 7d avg +0.077%
Together, before fees−0.211%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$21 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: Lighter is 0.044% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DOGE-USD0.098310.0104pay 0.0013% / 1h24m 03s$476K$4.1M50x
ShortLighter DOGE0.098430.0096get 0.0012% / 1h24m 03s$818K$6.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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
−$1.68
Price spread: +0.120% → +0.077%
$4.36
Slippage, 4 orders
−$18.73
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$21.05
Costs to cover
0.237%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Lighter: live order book, 4 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 Extended live order book, 5 min ago2.55 bp6.0 bp −$66.8 bp −$6814.0 bp −$1,397doesn't fit
Sell Lighter live order book, 4 min ago4.28 bp6.2 bp −$613.8 bp −$13831.4 bp −$3,135doesn'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−0.0097%1h0.09835+0.036%$5.4M$40.7M50xas long as short
Bitget DOGEUSDT−0.0014%8h0.09831−0.004%$139.3M$347.0M75xas long as short
Gate DOGE_USDT−0.0001%8h0.09836+0.047%$248.8M$155.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09814−0.173%$510K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09811−0.209%$33K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.106%$6K$242K12xas long as short
Phoenix DOGE+0.0081%1h0.09822−0.098%$18K$386K10xas long as short
Lighter DOGEshort+0.0096%1h0.09843+0.120%$818K$6.8M15x
Katana Perps DOGE-USD+0.0100%8h0.09818−0.136%$2K$544K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09820−0.116%$506K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09843+0.118%$122.7M$116.2M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09841+0.101%$4.9M$58.9M75xas long as short
Pacifica DOGE+0.0100%1h0.09812−0.194%$318K$481K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09845+0.139%$325.0M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09831−0.004%$163.7M$521.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09837+0.057%$113.9M$1.18B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09826−0.055%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09784−0.480%$374K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09835+0.037%$116.5M$261.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09836+0.047%$65.3M$49.2M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09836+0.047%$53.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09841+0.098%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09791−0.410%$1.0M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09808−0.242%$260K$139.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09809−0.226%$627K$4.2M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09820−0.116%$140K$348K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09831−0.009%$256K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09835+0.037%$70K$465K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09809−0.231%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09839+0.083%$34K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09836+0.047%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09833+0.021%$5.8M$69.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09835+0.037%$89.9M$16.5M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09817−0.142%$18K$5K30xas long as short
Extended DOGE-USDlong+0.0104%1h0.09831long leg$476K$4.1M50x
Aevo DOGE-PERP+0.0104%1h0.09833+0.020%$19K3xas long as short
Reya DOGERUSDPERP+0.0202%1h0.09832+0.009%$2K20xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0208%1h0.09840+0.086%$556K$301K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09841+0.098%$1.9M$34.7M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09816−0.156%$15.5M$26.7M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09830−0.014%$452$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0178%1h0.09831−0.004%$390K200xas long as short
dYdX DOGE-USD+0.0476%1h0.09806−0.257%$230K$74K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.09830−0.014%$395K$449K10xas long as short