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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0147%/8h= −16.1% APRnext payment $0.18 per $10,000 · paid last 24h −0.041%
Price spread now: Derive against GMX+0.037%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Derive is 0.037% dearer against GMX than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX DOGE/USD [ETH-USDC]0.09990L +0.0247% / S −0.0269%pay 0.0031% / 1h19m 55s$313K200x
ShortDerive DOGE-PERP0.099940.0100get 0.0013% / 1h19m 55s$25K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
−$30.79
Price spread: +0.037% → 0.000%
$3.66
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Derive: 3 bp × 2 orders
−$6
Net
−$45.13
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Derive: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Derive no order-book sample
GMX and Derive: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0039%8h0.09986−0.040%$151.0M$276.6M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09998+0.085%$5.7M$35.7M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09985−0.054%$394K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09990+0.004%$24K150xas long as short
dYdX DOGE-USD+0.0015%1h0.09997+0.071%$224K$49K10xas long as short
Lighter DOGE+0.0096%1h0.1000+0.121%$733K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.099900.000%$999$457K10xas long as short
Polymarket Perps DOGE-USD+0.0098%1h0.09980−0.104%$257K$863K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09977−0.135%$525K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09996+0.061%$4.7M$49.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09997+0.074%$325K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09996+0.060%$323.7M$1.47B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09993+0.030%$163.2M$447.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09993+0.030%$112.8M$1.01B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1002+0.296%$385K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09992+0.020%$246.3M$135.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09997+0.070%$111.6M$235.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09996+0.060%$66.3M$43.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09995+0.050%$77.0Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09993+0.030%$321K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09987−0.034%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1000+0.101%$300K$130.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09995+0.050%$637K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1004+0.501%$146K$288K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09995+0.050%$70K$440K50xas long as short
Derive DOGE-PERPshort+0.0100%1h0.09994+0.037%$25K$1K10x
SunX DOGE-USDT+0.0100%8h0.1000+0.102%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09997+0.070%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09977−0.134%$6.0M$58.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09997+0.070%$91.9M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09994+0.044%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09995+0.054%$495K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09996+0.056%$19K3xas long as short
Reya DOGERUSDPERP+0.0190%1h0.09987−0.034%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09989−0.014%$532$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0220%1h0.09997+0.071%$598K$119K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.09992+0.020%$15.6M$25.4M75xas long as short
Phoenix DOGE+0.0242%1h0.1003+0.387%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]longL +0.0247% / S −0.0269%1h0.09990long leg$313K200x
Hyperliquid DOGE+0.0263%1h0.09997+0.070%$121.8M$101.5M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09998+0.080%$2.3M$27.3M50xas long as short
Arcus DOGE-USD+0.0690%1h0.1000+0.120%$109K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09996+0.060%$404K$413K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1003+0.400%$5K$239K12xas long as short