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−0.0100%/8h= −10.9% APRpaid last 24h −0.033%
Price spread now: Deribit against HTX+0.071%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.071%, 7d avg −0.019%
Together, before fees−0.274%−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.090% dearer against HTX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.019%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DOGE-USDT0.099080.0100pay 0.0100% / 8h2h 06m$5.9M$47.6M75x
ShortDeribit DOGE_USDC-PERPETUAL0.099150get 0.0000% / 1h6m 41s$620K$106K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: +0.071% → −0.019%
$8.96
Slippage, 4 orders
−$10.9
Fee HTX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$41.93
Costs to cover
0.299%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Deribit: live order book, 17 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, 2 min ago0.55 bp7.2 bp −$712.0 bp −$12037.9 bp −$3,789doesn't fit
Sell Deribit live order book, 17 min ago3.01 bp7.1 bp −$7100.7 bp −$1,007doesn't fitdoesn'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−0.0279%8h0.09897−0.113%$151.7M$261.3M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09915+0.067%$367K$4.4M2.8xas long as short
Deribit DOGE_USDC-PERPETUALshort0.0000%1h0.09915+0.071%$620K$106K25x
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09907−0.015%$32K150xas long as short
Gate DOGE_USDT+0.0076%8h0.09900−0.083%$236.0M$121.1M75xas long as short
Phoenix DOGE+0.0080%1h0.09951+0.429%$15K$225K10xas long as short
dYdX DOGE-USD+0.0088%1h0.09902−0.063%$222K$44K10xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09908−0.002%$839$345K10xas long as short
Lighter DOGE+0.0096%1h0.09907−0.013%$779K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09920+0.119%$628K$698K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09904−0.042%$4.9M$40.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09906−0.024%$334K$496K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09908−0.001%$313.8M$1.27B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09903−0.052%$158.4M$399.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09907−0.012%$108.5M$892.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09913+0.048%$28K$76K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09904−0.042%$110.3M$221.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09905−0.032%$64.9M$39.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09905−0.032%$73.5Mas long as short
Variational Omni DOGE+0.0100%8h0.09944+0.364%$932K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09933+0.252%$267K$112.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09924+0.164%$629K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09930+0.220%$144K$228K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09915+0.072%$271K$528K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09914+0.059%$57K$396K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09913+0.053%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09933+0.247%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09914+0.059%$2K$3.4M10xas long as short
HTX DOGE-USDTlong+0.0100%8h0.09908long leg$5.9M$47.6M75x
Phemex DOGEUSDT+0.0100%8h0.09915+0.069%$91.9M$19.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09947+0.392%$381K$14K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09904−0.038%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09903−0.055%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09916+0.079%$19K3xas long as short
01 Exchange DOGEUSD+0.0168%1h0.09911+0.024%$523$4K10xas long as short
Reya DOGERUSDPERP+0.0175%1h0.09916+0.077%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09919+0.109%$15.2M$23.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09920+0.119%$2.0M$22.5M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0247%1h0.09907−0.014%$317K200xas long as short
Backpack DOGE_USDC_PERP+0.0258%1h0.09919+0.109%$524K$931K15xas long as short
Kraken Futures PF_DOGEUSD+0.0288%1h0.09914+0.058%$5.9M$31.9M50xas long as short
Hyperliquid DOGE+0.0408%1h0.09915+0.071%$109.1M$79.8M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09914+0.061%$311K$472K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09960+0.523%$5K$180K12xas long as short