Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0962%/8h= +105.3% APRpaid last 24h +0.214%

Price spread now: Injective against Gate+0.592%7-day average +0.213% · you sell dearer than you buy

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

Long on Gate Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+1.561%+$156 on $10k

Price spread, last 4 days (all we have)−0.677%−$68 · spread now +0.592%, 7d avg +0.213%

Together, before fees+0.884%+$88 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Injective is 0.379% dearer against Gate than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.213%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DOGE_USDT	0.1047	0.0100	pay 0.0100% / 8h	3h 50m	$257.9M	$140.9M	75x
Short	Injective DOGE/USDC PERP	0.1053	0.1062	get 0.0133% / 1h	50m 34s	$6K	$242K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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 GatebpFee InjectivebpOrdersPrice spread, now +0.592%Rate

Funding earned: $202.02
Price spread: +0.592% → +0.213%: $37.91
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $224.91
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 3 min ago; Injective: live order book, 3 min ago. 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 Gate live order book, 3 min ago	0.95 bp	10.7 bp −$11	19.5 bp −$195	33.8 bp −$3,380	57.2 bp −$28.6K
Sell Injective live order book, 3 min ago	38.06 bp	528.3 bp −$528	doesn't fit	doesn't fit	doesn't fit

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	−0.0003%	8h	0.1047	−0.029%	$141.8M	$307.0M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1047	−0.010%	$235K	$70K	10x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1052	+0.516%	$25K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.1048	+0.145%	$756K	$6.3M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1046	−0.119%	$566K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1048	+0.152%	$5.1M	$52.8M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1047	+0.066%	$345K	$491K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1046	−0.048%	$345.6M	$1.56B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1046	−0.105%	$173.5M	$483.7M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1045	−0.143%	$118.7M	$1.14B	50x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk DOGE-USD	+0.0100%	1h	0.1047	−0.015%	$402K	$11K	10x	as long as short
Gate DOGE_USDTlong	+0.0100%	8h	0.1047	long leg	$257.9M	$140.9M	75x
MEXC DOGE_USDT	+0.0100%	8h	0.1046	−0.076%	$117.7M	$239.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1048	+0.134%	$69.5M	$46.9M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1045	−0.182%	—	$3.5M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1052	+0.455%	$1.2M	$8.3M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1052	+0.522%	$319K	$133.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1055	+0.783%	$668K	$4.5M	10x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1047	−0.019%	$269K	$889K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1051	+0.382%	$74K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1051	+0.428%	$26K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1052	+0.451%	$37K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1051	+0.363%	$2K	$4.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1050	+0.340%	$6.2M	$62.7M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1051	+0.363%	$96.6M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.1046	−0.098%	$19K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1045	−0.202%	$506K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1051	+0.416%	$20K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0126%	8h	0.1046	−0.124%	$1K	$483K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0150%	1h	0.1052	+0.459%	$593K	$242K	25x	as long as short
Reya DOGERUSDPERP	+0.0191%	1h	0.1047	+0.002%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1051	+0.430%	$16.3M	$27.5M	75x	as long as short
Backpack DOGE_USDC_PERP	+0.0222%	1h	0.1050	+0.334%	$352K	$1.2M	15x	as long as short
Phoenix DOGE	+0.0235%	1h	0.1050	+0.329%	$68K	$292K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0240%	1h	0.1050	+0.287%	$5.7M	$37.5M	50x	as long as short
Kalshi KXDOGEPERP	+0.0242%	8h	0.1053	+0.594%	$760K	$6.1M	2.8x	as long as short
01 Exchange DOGEUSD	+0.0256%	1h	0.1046	−0.087%	$465	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0261% / S −0.0320%	1h	0.1051	+0.425%	$347K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1052	+0.525%	$2.1M	$31.8M	50x	as long as short
Hyperliquid DOGE	+0.0607%	1h	0.1048	+0.086%	$129.5M	$106.9M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1047	−0.019%	$114K	$200K	10x	as long as short
ApeX Omni DOGEUSDT	+0.0688%	1h	0.1053	+0.592%	$165K	$306K	25x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1047	−0.011%	$422K	$426K	10x	as long as short
Injective DOGE/USDC PERPshort	+0.1062%	1h	0.1053	+0.592%	$6K	$242K	12x