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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0106%/8h= −11.6% APRnext payment $0.13 per $10,000 · paid last 24h −0.044%
Price spread now: ApeX Omni against GMX−0.216%7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.146%−$15 on $10k
Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.216%, 7d avg +0.011%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.226% cheaper against GMX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX DOGE/USD [ETH-USDC]0.09771L +0.0206% / S −0.0187%pay 0.0026% / 1h45m 01s$286K200x
ShortApeX Omni DOGEUSDT0.097500.0100get 0.0013% / 1h45m 01s$137K$345K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$22.23
Price spread: −0.216% → +0.011%
−$22.65
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$66.87
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 61 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell ApeX Omni live order book, 61 min ago5.09 bp17.4 bp −$1761.1 bp −$611doesn't fitdoesn't fit
GMX: 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 exchanges

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−0.0080%1h0.09780+0.096%$5.3M$39.0M50xas long as short
Bitget DOGEUSDT−0.0053%8h0.09772+0.009%$137.9M$289.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09774+0.027%$500K$6.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09772+0.007%$32K150xas long as short
Bybit DOGEUSDT+0.0010%8h0.09775+0.040%$164.3M$493.4M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.767%$6K$240K12xas long as short
dYdX DOGE-USD+0.0062%1h0.09768−0.027%$229K$75K10xas long as short
Gate DOGE_USDT+0.0071%8h0.09777+0.060%$251.5M$143.2M75xas long as short
Lighter DOGE+0.0096%1h0.09785+0.141%$799K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09768−0.032%$935$532K10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex DOGE-USD-PERP+0.0100%8h0.09767−0.039%$18K$5K30xas long as short
Nado DOGE-PERP+0.0100%1h0.09774+0.030%$508K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09786+0.152%$121.0M$107.3M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09779+0.081%$4.9M$57.5M75xas long as short
Pacifica DOGE+0.0100%1h0.09771+0.001%$309K$442K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09779+0.086%$322.4M$1.60B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09782+0.112%$116.1M$1.09B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09775+0.040%$15K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09772+0.005%$373K$5K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09780+0.091%$113.9M$252.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09780+0.091%$64.0M$45.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09774+0.030%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09778+0.071%$309K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09748−0.236%$1.1M$7.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09745−0.268%$255K$125.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09770−0.010%$625K$3.9M10xas long as short
ApeX Omni DOGEUSDTshort+0.0100%1h0.09750−0.216%$137K$345K25x
Polymarket Perps DOGE-USD+0.0100%1h0.09773+0.016%$205K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09774+0.030%$67K$421K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09774+0.029%$18K$6K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09776+0.052%$34K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09779+0.081%$2K$5.2M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09785+0.145%$5.9M$64.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09779+0.081%$88.9M$15.7M50xas long as short
Extended DOGE-USD+0.0104%1h0.09773+0.017%$495K$3.4M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09774+0.029%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0139%1h0.09778+0.072%$545K$292K25xas long as short
Phoenix DOGE+0.0163%1h0.09773+0.016%$18K$306K10xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09778+0.067%$450$4K10xas long as short
GMX DOGE/USD [ETH-USDC]longL +0.0206% / S −0.0187%1h0.09771long leg$286K200x
Reya DOGERUSDPERP+0.0209%1h0.09772+0.008%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09775+0.040%$15.4M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09780+0.091%$2.3M$32.7M50xas long as short
RISEx DOGE/USDC+0.0631%1h0.09777+0.055%$404K$392K10xas long as short