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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1121%/8h= −122.7% APRnext payment $1.40 per $10,000 · paid last 24h −0.213%
Price spread now: Lighter against Injective−6.112%7-day average −0.154% · you buy dearer than you sell
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 7 days−1.510%−$151 on $10k
Price spread, last 4 days (all we have)+6.251%+$625 · spread now −6.112%, 7d avg −0.154%
Together, before fees+4.741%+ Points / potential airdropLighter: Season 3 · farm board+$474 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Lighter is 5.958% cheaper against Injective than usual: you would sell low and buy high (−$596 if the spread goes back to its 7-day average of −0.154%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DOGE/USDC PERP0.10530.1217pay 0.0152% / 1h29m 03s$6K$242K12x
ShortLighter DOGE0.098860.0096get 0.0012% / 1h29m 03s$843K$6.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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
−$235.31
Price spread: −6.112% → −0.154%
−$595.83
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
−$831.16
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 85 min ago; Lighter: live order book, 4 min ago. 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 Injective live order book, 85 min ago38.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago1.26 bp5.3 bp −$516.8 bp −$16837.1 bp −$3,711doesn'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
Kalshi KXDOGEPERP0.0000%8h0.09890−6.078%$640K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09886−6.119%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09881−6.165%$5.6M$39.9M50xas long as short
Polymarket Perps DOGE-USD+0.0029%1h0.09885−6.121%$267K$1.2M10xas long as short
dYdX DOGE-USD+0.0045%1h0.09878−6.189%$222K$70K10xas long as short
Lighter DOGEshort+0.0096%1h0.09886−6.112%$843K$6.8M15x
Nado DOGE-PERP+0.0100%1h0.09891−6.064%$535K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09877−6.205%$4.4M$57.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09888−6.099%$316K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09876−6.211%$322.5M$1.68B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09871−6.258%$162.1M$516.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09875−6.220%$114.5M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09900−5.983%$380K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09875−6.220%$246.0M$151.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09879−6.182%$109.6M$253.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09887−6.106%$65.5M$49.5M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09869−6.277%$132.6M$332.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09877−6.201%$80.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09876−6.211%$297K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09877−6.202%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09887−6.109%$304K$138.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09882−6.154%$628K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−6.078%$147K$339K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09882−6.154%$63K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09882−6.150%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09886−6.117%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09882−6.154%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09885−6.128%$5.9M$67.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09879−6.182%$90.8M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09883−6.149%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09882−6.155%$482K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09885−6.130%$19K3xas long as short
Hyperliquid DOGE+0.0110%1h0.09883−6.144%$122.9M$115.0M10xas long as short
Katana Perps DOGE-USD+0.0112%8h0.09895−6.030%$2K$524K10xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09900−5.986%$440$4K10xas long as short
Reya DOGERUSDPERP+0.0194%1h0.09890−6.079%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09886−6.116%$16.0M$26.7M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09906−5.926%$107K$207K10xas long as short
Phoenix DOGE+0.0240%1h0.09885−6.124%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0286%1h0.09887−6.104%$316K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0256%1h0.09889−6.085%$562K$247K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09887−6.106%$1.9M$33.7M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09901−5.969%$399K$442K10xas long as short
Injective DOGE/USDC PERPlong+0.1217%1h0.1053long leg$6K$242K12x