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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0265%/8h= −29.0% APRnext payment $2.65 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against HTX−0.174%56s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.400% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.104%−$10 on $10k
Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.174%, 7d avg −0.069%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.106% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.069%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DOGE-USDT0.10100.0100pay 0.0100% / 8h7h 08m$6.0M$52.9M75x
ShortBitget DOGEUSDT0.1008−0.0165pay 0.0165% / 8h7h 08m$153.1M$271.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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
−$55.65
Price spread: −0.174% → −0.069%
−$10.56
Slippage, 4 orders
−$15.97
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$106.18
Costs to cover
0.400%
Break-even
never at this rate
Slippage from HTX: live order book, 6 min ago; Bitget: live order book, 6 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 HTX live order book, 6 min ago3.45 bp9.5 bp −$1015.3 bp −$15347.4 bp −$4,737doesn't fit
Sell Bitget live order book, 6 min ago0.99 bp8.6 bp −$910.1 bp −$10128.5 bp −$2,84956.9 bp −$28.5K

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 DOGEUSDTshort−0.0165%8h0.1008−0.174%$153.1M$271.5M75x
Kraken Futures PF_DOGEUSD−0.0077%1h0.1009−0.108%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1011+0.122%$416K$4.9M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1009−0.095%$607K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1009−0.067%$24K150xas long as short
dYdX DOGE-USD+0.0011%1h0.1009−0.076%$227K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1010−0.043%$797K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1010−0.046%$847$421K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1009−0.102%$517K$972K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1009−0.080%$5.1M$46.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1009−0.069%$336K$512K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1010−0.055%$321.1M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1010−0.055%$160.9M$438.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1010−0.036%$111.6M$974.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1010−0.016%$28K$74K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.690%$384K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1009−0.115%$245.5M$131.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1009−0.085%$113.6M$226.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1009−0.105%$66.2M$42.4M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1010−0.055%$76.1Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1010+0.014%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1009−0.126%$996K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1009−0.071%$270K$124.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1012+0.152%$644K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1010−0.016%$148K$268K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1009−0.145%$267K$633K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1009−0.125%$74K$426K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1009−0.136%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1009−0.080%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1009−0.095%$2K$3.8M10xas long as short
HTX DOGE-USDTlong+0.0100%8h0.1010long leg$6.0M$52.9M75x
Phemex DOGEUSDT+0.0100%8h0.1010−0.036%$93.2M$18.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1009−0.145%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1009−0.127%$534K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1009−0.069%$19K3xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1010−0.013%$533$4K10xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1009−0.126%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1011+0.034%$15.5M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1010−0.026%$2.0M$25.3M50xas long as short
Phoenix DOGE+0.0240%1h0.1013+0.255%$66K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0271%1h0.1009−0.078%$317K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1010−0.021%$326K$404K10xas long as short
Hyperliquid DOGE+0.0770%1h0.1010−0.026%$123.3M$95.6M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1013+0.281%$5K$239K12xas long as short