Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: Extended against HTX−0.053%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$250.249% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 3 days (all we have)+0.024%+$2 · spread now −0.053%, 7d avg −0.068%

Together, before fees+0.027%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DOGE-USDT	0.09929	0.0100	pay 0.0100% / 8h	2h 08m	$5.9M	$47.6M	75x
Short	Extended DOGE-USD	0.09924	0.0104	get 0.0013% / 1h	8m 45s	$547K	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee HTXbpFee ExtendedbpOrdersPrice spread, now −0.053%Rate

Funding earned: $0.84
Price spread: −0.053% → −0.068%: $1.47
Slippage, 4 orders: −$7.95
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$22.64
Costs to cover: 0.249%
Break-even: 195.6 days

Slippage from HTX: live order book, 5 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 5 min ago	0.40 bp	7.1 bp −$7	11.1 bp −$111	35.7 bp −$3,572	doesn't fit
Sell Extended live order book, 5 min ago	0.50 bp	5.5 bp −$5	6.6 bp −$66	13.2 bp −$1,323	doesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDT	−0.0280%	8h	0.09921	−0.084%	$152.2M	$261.3M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09952	+0.226%	$368K	$4.4M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09926	−0.036%	$620K	$106K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09921	−0.079%	$32K	—	150x	as long as short
Gate DOGE_USDT	+0.0077%	8h	0.09920	−0.094%	$236.5M	$120.9M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09951	+0.216%	$15K	$225K	10x	as long as short
dYdX DOGE-USD	+0.0093%	1h	0.09929	−0.005%	$223K	$44K	10x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.09929	−0.003%	$841	$346K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09934	+0.044%	$781K	$5.1M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09929	+0.002%	$629K	$698K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09924	−0.057%	$4.9M	$40.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09928	−0.010%	$334K	$496K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09930	+0.010%	$314.5M	$1.27B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09927	−0.023%	$158.8M	$399.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09928	−0.013%	$108.8M	$893.9M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09935	+0.057%	$28K	$76K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09924	−0.053%	$111.2M	$221.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09922	−0.074%	$65.0M	$39.3M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09923	−0.063%	—	$73.5M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09944	+0.151%	$932K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09942	+0.129%	$264K	$112.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09949	+0.198%	$632K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09950	+0.208%	$144K	$227K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09924	−0.057%	$271K	$529K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09925	−0.043%	$57K	$396K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09923	−0.066%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09928	−0.016%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09921	−0.084%	$2K	$3.4M	10x	as long as short
HTX DOGE-USDTlong	+0.0100%	8h	0.09929	long leg	$5.9M	$47.6M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.09921	−0.084%	$92.0M	$19.0M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09947	+0.179%	$381K	$14K	10x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09926	−0.030%	$18K	$5K	30x	as long as short
Extended DOGE-USDshort	+0.0104%	1h	0.09924	−0.053%	$547K	$3.6M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.09925	−0.038%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0168%	1h	0.09933	+0.037%	$524	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0175%	1h	0.09922	−0.071%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09921	−0.084%	$15.1M	$23.8M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09923	−0.063%	$2.0M	$22.5M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0244% / S −0.0247%	1h	0.09921	−0.085%	$317K	—	200x	as long as short
Backpack DOGE_USDC_PERP	+0.0262%	1h	0.09927	−0.023%	$524K	$931K	15x	as long as short
Kraken Futures PF_DOGEUSD	+0.0288%	1h	0.09919	−0.100%	$6.0M	$31.8M	50x	as long as short
Hyperliquid DOGE	+0.0413%	1h	0.09937	+0.078%	$109.4M	$79.7M	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09936	+0.068%	$312K	$472K	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.1000	+0.712%	$5K	$180K	12x	as long as short