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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0866%/8h= −94.8% APRpaid last 24h −0.201%
Price spread now: Variational Omni against Injective−0.556%61s7-day average −0.222% · 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 3 days (all we have)−0.677%−$68 on $10k
Price spread, last 3 days (all we have)+0.582%+$58 · spread now −0.556%, 7d avg −0.222%
Together, before fees−0.095%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Variational Omni is 0.334% cheaper against Injective than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.222%). Swap the legs. 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 PERP0.10030.0966pay 0.0121% / 1h26m 12s$5K$207K12x
ShortVariational Omni DOGE0.099740.0100get 0.0100% / 8h1h 26m$947K$8.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$181.85
Price spread: −0.556% → −0.222%
−$33.4
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$215.27
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 58 min ago; Variational Omni: RFQ quote, 3 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, 58 min ago30.12 bp30.1 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago3.50 bpdoesn't fit10.5 bp −$105doesn'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−0.0265%8h0.09998−0.319%$152.7M$266.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1002−0.090%$416K$4.7M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1002−0.137%$32K150xas long as short
dYdX DOGE-USD+0.0007%1h0.1000−0.258%$225K$44K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0020%1h0.1001−0.169%$606K$109K25xas long as short
Phoenix DOGE+0.0081%1h0.09976−0.539%$66K$222K10xas long as short
Gate DOGE_USDT+0.0093%8h0.1001−0.169%$240.8M$123.8M75xas long as short
Lighter DOGE+0.0096%1h0.1001−0.187%$785K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1002−0.140%$839$369K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1002−0.145%$574K$855K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1002−0.132%$4.9M$43.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1002−0.150%$334K$508K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001−0.210%$318.9M$1.32B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1000−0.259%$159.9M$418.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001−0.229%$109.2M$926.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1002−0.110%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09966−0.641%$382K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001−0.219%$111.0M$217.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.229%$65.9M$40.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002−0.130%$74.6Mas long as short
Variational Omni DOGEshort+0.0100%8h0.09974−0.556%$947K$8.0M
edgeX DOGEUSDC+0.0100%4h0.1000−0.287%$276K$115.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−0.159%$630K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.299%$146K$244K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1002−0.150%$267K$540K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1002−0.150%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1001−0.154%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1002−0.143%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1001−0.219%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1001−0.204%$6.0M$50.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001−0.239%$92.7M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1001−0.230%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001−0.212%$555K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1001−0.158%$19K3xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1001−0.169%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1002−0.107%$529$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1002−0.120%$2.0M$23.5M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1002−0.080%$15.5M$24.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0270%1h0.1001−0.156%$313K200xas long as short
Kraken Futures PF_DOGEUSD+0.0364%1h0.1001−0.247%$6.0M$32.7M50xas long as short
Backpack DOGE_USDC_PERP+0.0391%1h0.1003−0.030%$536K$954K15xas long as short
Hyperliquid DOGE+0.0419%1h0.10030.000%$110.8M$82.6M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1002−0.119%$314K$476K10xas long as short
Injective DOGE/USDC PERPlong+0.0966%1h0.1003long leg$5K$207K12x