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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.216%
Price spread now: SunX against Injective−5.104%61s7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1161.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.497%−$150 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SunX is 5.104% cheaper against Injective than usual: you would sell low and buy high (spread −5.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$510 on $10k: about 9 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.497%, so the current rate has only just turned in your favour. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DOGE/USDC PERP0.10530.0033pay 0.0004% / 1h2m 00s$6K$242K12x
ShortSunX DOGE-USDT0.099920.0100get 0.0100% / 8h1h 02m$35K$2.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$14
Price spread: −5.104% → 0.000%
−$510.45
Slippage, 4 orders
−$107.52
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
−$611.99
Costs to cover
1.155%
Break-even
313.0 days
Slippage from Injective: live order book, 62 min ago; SunX: live order book, 4 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 Injective live order book, 62 min ago34.98 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago17.06 bp22.5 bp −$2229.5 bp −$295doesn'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
Kraken Futures PF_DOGEUSD−0.0083%1h0.09987−5.159%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09990−5.128%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09980−5.221%$612K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09981−5.210%$35K150xas long as short
Injective DOGE/USDC PERPlong+0.0033%1h0.1053long leg$6K$242K12x
Bitget DOGEUSDT+0.0038%8h0.09981−5.214%$141.6M$344.4M75xas long as short
Polymarket Perps DOGE-USD+0.0045%1h0.09978−5.239%$262K$1.2M10xas long as short
Phoenix DOGE+0.0080%1h0.1002−4.814%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09993−5.098%$846K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09987−5.157%$538K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09988−5.147%$4.5M$58.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09991−5.117%$319K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09991−5.121%$329.8M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09985−5.176%$164.2M$521.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09991−5.119%$116.9M$1.21B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1001−4.970%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09985−5.176%$249.8M$157.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09989−5.138%$112.6M$258.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09988−5.147%$66.8M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09988−5.147%$53.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09986−5.166%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.1001−4.903%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1001−4.896%$304K$140.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−4.929%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1002−4.843%$146K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09982−5.204%$70K$470K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1000−5.011%$19K$7K10xas long as short
SunX DOGE-USDTshort+0.0100%8h0.09992−5.104%$35K$2.3M30x
SoDEX DOGE-USD+0.0100%1h0.09986−5.166%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09985−5.180%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09989−5.138%$91.5M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09988−5.151%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09983−5.197%$490K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09985−5.176%$19K3xas long as short
Hyperliquid DOGE+0.0107%1h0.09994−5.093%$124.4M$117.0M10xas long as short
Katana Perps DOGE-USD+0.0107%8h0.09988−5.147%$834$536K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0181%1h0.09987−5.158%$573K$252K25xas long as short
Reya DOGERUSDPERP+0.0198%1h0.09979−5.230%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001−4.957%$16.3M$27.1M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09985−5.176%$1.9M$34.7M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09982−5.205%$314K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.09995−5.083%$444$4K10xas long as short
Arcus DOGE-USD+0.0387%1h0.09988−5.147%$17K$308K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09996−5.072%$402K$458K10xas long as short