Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0111%/8hnext payment +$0.14 per $10,000 · paid last 24h +0.041%

Price spread now: 01 Exchange against gTrade (Gains Network)−0.100%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.100% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.100% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) DOGE/USD	0.09785	L +0.0001% / S −0.0001%	pay 0.0000% / 1h	4m 25s	$32K	—	150x
Short	01 Exchange DOGEUSD	0.09776	0.0112	get 0.0014% / 1h	4m 25s	$516	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee 01 ExchangebpOrdersPrice spread, now −0.100%Rate

Funding earned: $23.23
Price spread: −0.100% → 0.000%: −$10.01
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$3.78
Costs to cover: 0.170%
Break-even: 8.1 days

Slippage unknown: gTrade (Gains Network): no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

gTrade (Gains Network) and 01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDT	−0.0222%	8h	0.09761	−0.249%	$151.3M	$251.0M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09774	−0.118%	$406K	$3.9M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09765	−0.204%	$610K	$72K	25x	as long as short
gTrade (Gains Network) DOGE/USDlong	L +0.0001% / S −0.0001%	1h	0.09785	long leg	$32K	—	150x
dYdX DOGE-USD	+0.0023%	1h	0.09769	−0.168%	$219K	$44K	10x	as long as short
Gate DOGE_USDT	+0.0071%	8h	0.09778	−0.076%	$235.4M	$116.3M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09794	+0.086%	$16K	$197K	10x	as long as short
Katana Perps DOGE-USD	+0.0091%	8h	0.09774	−0.117%	$1K	$299K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09772	−0.134%	$774K	$4.9M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09770	−0.157%	$698K	$641K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09772	−0.137%	$4.5M	$37.3M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09772	−0.133%	$356K	$512K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09783	−0.025%	$310.5M	$1.19B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09784	−0.014%	$153.0M	$377.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09787	+0.016%	$104.9M	$839.0M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09776	−0.096%	$27K	$73K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09778	−0.080%	$375K	$11K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09773	−0.127%	$124.3M	$190.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09773	−0.127%	$65.1M	$36.8M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09778	−0.076%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09774	−0.112%	$1.3M	$6.9M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09796	+0.106%	$254K	$102.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09778	−0.076%	$622K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09780	−0.055%	$143K	$207K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09767	−0.190%	$280K	$541K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09787	+0.016%	$60K	$323K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09760	−0.256%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09778	−0.072%	$34K	$2.1M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09763	−0.229%	$2K	$3.0M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09771	−0.148%	$5.8M	$43.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09767	−0.188%	$91.0M	$19.7M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09772	−0.133%	$19K	$3K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09770	−0.158%	$577K	$3.3M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09763	−0.229%	$19K	—	3x	as long as short
01 Exchange DOGEUSDshort	+0.0112%	1h	0.09776	−0.100%	$516	$4K	10x
Backpack DOGE_USDC_PERP	+0.0125%	1h	0.09770	−0.157%	$520K	$789K	15x	as long as short
Reya DOGERUSDPERP	+0.0170%	1h	0.09772	−0.141%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09760	−0.260%	$15.0M	$20.9M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0232%	1h	0.09771	−0.147%	$2.0M	$20.2M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0238% / S −0.0250%	1h	0.09780	−0.053%	$292K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0461%	1h	0.09765	−0.208%	$5.8M	$27.8M	50x	as long as short
Hyperliquid DOGE	+0.0635%	1h	0.09785	−0.002%	$110.4M	$60.6M	10x	as long as short
RISEx DOGE/USDC	+0.0699%	1h	0.09776	−0.093%	$308K	$477K	10x	as long as short
Injective DOGE/USDC PERP	+0.0921%	1h	0.09800	+0.149%	$5K	$146K	12x	as long as short