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+0.0182%/8h= +20.0% APRpaid last 24h −0.033%
Price spread now: Gate against Kraken Futures+0.160%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.160%, 7d avg −0.031%
Together, before fees−0.269%−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.191% dearer against Kraken Futures than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.09999−0.0082get 0.0010% / 1h50m 42s$5.7M$40.4M50x
ShortGate DOGE_USDT0.10020.0100get 0.0100% / 8h1h 50m$251.1M$154.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$38.32
Price spread: +0.160% → −0.031%
$19.15
Slippage, 4 orders
−$17.82
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$14.65
Costs to cover
0.428%
Break-even
4.3 days
Slippage from Kraken Futures: live order book, 3 min ago; Gate: live order book, 3 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 Kraken Futures live order book, 3 min ago2.00 bp12.4 bp −$1215.5 bp −$15531.6 bp −$3,160doesn't fit
Sell Gate live order book, 3 min ago0.50 bp9.3 bp −$916.8 bp −$16833.2 bp −$3,31852.7 bp −$26.3K

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−0.0082%1h0.09999long leg$5.7M$40.4M50x
Polymarket Perps DOGE-USD−0.0018%1h0.09992−0.074%$268K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.1001+0.092%$225K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09997−0.018%$605K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.10000+0.005%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.311%$6K$242K12xas long as short
Phoenix DOGE+0.0080%1h0.1001+0.064%$18K$382K10xas long as short
Bitget DOGEUSDT+0.0080%8h0.1001+0.120%$142.7M$344.1M75xas long as short
Lighter DOGE+0.0096%1h0.1002+0.208%$855K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1000+0.025%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1001+0.111%$4.6M$58.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1001+0.137%$320K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001+0.152%$328.9M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1002+0.170%$165.8M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002+0.210%$117.1M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990−0.090%$384K$16K10xas long as short
Gate DOGE_USDTshort+0.0100%8h0.1002+0.160%$251.1M$154.1M75x
MEXC DOGE_USDT+0.0100%8h0.1002+0.190%$110.9M$257.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001+0.060%$66.6M$50.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002+0.210%$80.9Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1000+0.050%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992−0.071%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09994−0.049%$303K$140.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09988−0.112%$639K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980−0.190%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.099990.000%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09997−0.023%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1001+0.066%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09998−0.010%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09999−0.002%$6.0M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1000+0.020%$91.9M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1002+0.206%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1002+0.173%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09998−0.010%$19K3xas long as short
Katana Perps DOGE-USD+0.0110%8h0.1002+0.180%$837$530K10xas long as short
Hyperliquid DOGE+0.0118%1h0.1001+0.150%$124.0M$116.2M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09996−0.032%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1000+0.020%$16.2M$27.1M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1000+0.020%$1.9M$34.7M50xas long as short
01 Exchange DOGEUSD+0.0248%1h0.1002+0.242%$446$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0294%1h0.1000+0.016%$315K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0320%1h0.1000+0.031%$574K$252K25xas long as short
Arcus DOGE-USD+0.0387%1h0.1002+0.220%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1003+0.265%$404K$457K10xas long as short