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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h −0.027%
Price spread now: Derive against Kraken Futures−0.090%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Derive is 0.090% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 45 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.09954−0.0060get 0.0008% / 1h52m 03s$5.6M$40.5M50x
ShortDerive DOGE-PERP0.099450.0100get 0.0013% / 1h52m 03s$19K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Kraken Futures. 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
$33.63
Price spread: −0.090% → 0.000%
−$8.99
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
$8.64
Costs to cover
0.160%
Break-even
5.2 days
Slippage unknown: Kraken Futures: live order book, 2 min ago; Derive: no order-book sample. 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 Kraken Futures live order book, 2 min ago0.50 bp8.3 bp −$813.7 bp −$13733.4 bp −$3,343doesn't fit
Sell Derive no order-book sample
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_DOGEUSDlong−0.0060%1h0.09954long leg$5.6M$40.5M50x
dYdX DOGE-USD0.0000%1h0.09943−0.106%$223K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09950−0.037%$609K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09942−0.120%$35K150xas long as short
Bitget DOGEUSDT+0.0030%8h0.09953−0.006%$141.1M$344.9M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.791%$6K$242K12xas long as short
Polymarket Perps DOGE-USD+0.0044%1h0.09942−0.117%$259K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09960+0.068%$840K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09940−0.137%$536K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09963+0.096%$124.0M$117.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09954+0.006%$4.5M$58.9M75xas long as short
Pacifica DOGE+0.0100%1h0.09941−0.127%$317K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09958+0.041%$328.9M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09956+0.024%$164.1M$522.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09957+0.034%$115.9M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09941−0.127%$17K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09979+0.257%$383K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09952−0.016%$249.3M$155.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09958+0.044%$111.8M$257.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09956+0.024%$66.4M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09965+0.115%$53.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09959+0.054%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09950−0.040%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09979+0.251%$304K$139.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09970+0.165%$628K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09970+0.165%$145K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09944−0.096%$70K$470K50xas long as short
Derive DOGE-PERPshort+0.0100%1h0.09945−0.090%$19K$7K10x
SunX DOGE-USDT+0.0100%8h0.09956+0.023%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09952−0.016%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09943−0.107%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09958+0.044%$91.2M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09936−0.179%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09947−0.062%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09949−0.049%$19K3xas long as short
Katana Perps DOGE-USD+0.0107%8h0.09944−0.096%$831$537K10xas long as short
Phoenix DOGE+0.0160%1h0.09959+0.058%$18K$382K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0162%1h0.09952−0.015%$571K$252K25xas long as short
Reya DOGERUSDPERP+0.0199%1h0.09942−0.119%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09949−0.046%$1.9M$34.6M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09943−0.106%$15.5M$26.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09941−0.131%$313K200xas long as short
01 Exchange DOGEUSD+0.0288%1h0.09953−0.008%$443$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.09949−0.045%$400K$458K10xas long as short