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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.017%
Price spread now: Coinbase International against HTX+0.025%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 3 days (all we have)−0.048%−$5 · spread now +0.025%, 7d avg −0.005%
Together, before fees−0.156%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.030% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DOGE-USDT0.10040.0100pay 0.0100% / 8h1h 17m$6.0M$50.4M75x
ShortCoinbase International DOGE-PERP-INTX0.10050.0216get 0.0027% / 1h17m 57s$2.0M$23.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$24.36
Price spread: +0.025% → −0.005%
$2.96
Slippage, 4 orders
−$12.57
Fee HTX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$7.25
Costs to cover
0.346%
Break-even
9.1 days
Slippage from HTX: live order book, 6 min ago; Coinbase International: 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 ago1.44 bp7.8 bp −$813.5 bp −$13546.0 bp −$4,604doesn't fit
Sell Coinbase International live order book, 6 min ago2.49 bp10.4 bp −$1015.4 bp −$15442.4 bp −$4,240doesn't fit

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−0.0262%8h0.1003−0.115%$153.2M$266.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1004+0.005%$418K$4.7M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1004−0.042%$608K$109K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1004−0.014%$32K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1004−0.007%$225K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1009+0.426%$67K$222K10xas long as short
Lighter DOGE+0.0096%1h0.1004−0.011%$791K$5.4M15xas long as short
Gate DOGE_USDT+0.0096%8h0.1004−0.065%$241.7M$124.5M75xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1004−0.065%$838$371K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1005+0.025%$570K$861K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1004−0.036%$4.9M$43.8M75xas long as short
Pacifica DOGE+0.0100%1h0.1005+0.028%$335K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1004−0.008%$319.6M$1.32B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1004−0.045%$159.2M$421.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1004−0.025%$109.4M$931.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1005+0.035%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1006+0.187%$386K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1004−0.035%$112.1M$217.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1004−0.005%$66.1M$41.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1004−0.015%$74.8Mas long as short
Variational Omni DOGE+0.0100%8h0.1007+0.276%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1008+0.336%$276K$116.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1008+0.323%$634K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1009+0.463%$148K$245K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1004−0.045%$268K$542K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1004−0.025%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1004−0.039%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1005+0.073%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004−0.035%$2K$3.6M10xas long as short
HTX DOGE-USDTlong+0.0100%8h0.1004long leg$6.0M$50.4M75x
Phemex DOGEUSDT+0.0100%8h0.1003−0.085%$93.0M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1004+0.008%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1004−0.074%$559K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1004−0.025%$19K3xas long as short
Reya DOGERUSDPERP+0.0177%1h0.1004−0.034%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1004−0.034%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0216%1h0.1005+0.025%$2.0M$23.6M50x
BloFin DOGE-USDT+0.0220%8h0.1005+0.035%$15.3M$24.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0193%1h0.1004−0.008%$361K200xas long as short
Kraken Futures PF_DOGEUSD+0.0363%1h0.1004−0.070%$5.9M$32.8M50xas long as short
Backpack DOGE_USDC_PERP+0.0410%1h0.1004−0.005%$536K$956K15xas long as short
Hyperliquid DOGE+0.0454%1h0.1005+0.045%$111.7M$83.2M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1005+0.035%$315K$476K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1006+0.164%$5K$223K12xas long as short