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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.031%
Price spread now: Pacifica against Kraken Futures+0.216%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.193%−$19 · spread now +0.216%, 7d avg 0.000%
Together, before fees−0.192%+ Points / potential airdropPacifica: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.216% dearer against Kraken Futures than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOGEUSD0.098650.0067pay 0.0008% / 1h41m 57s$5.8M$34.0M50x
ShortPacifica DOGE0.098860.0100get 0.0013% / 1h41m 57s$327K$503K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$6.9
Price spread: +0.216% → 0.000%
$21.6
Slippage, 4 orders
−$17.42
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$6.93
Costs to cover
0.354%
Break-even
14.0 days
Slippage from Kraken Futures: live order book, 2 min ago; Pacifica: live order book, 27 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, 2 min ago1.51 bp9.7 bp −$1013.1 bp −$13126.5 bp −$2,647doesn't fit
Sell Pacifica live order book, 27 min ago2.48 bp6.7 bp −$7doesn't fitdoesn'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−0.0135%8h0.09867+0.020%$149.7M$273.0M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09874+0.091%$378K$5.0M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09870+0.047%$590K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09866+0.006%$23K150xas long as short
dYdX DOGE-USD+0.0033%1h0.09878+0.134%$222K$59K10xas long as short
Kraken Futures PF_DOGEUSDlong+0.0067%1h0.09865long leg$5.8M$34.0M50x
Lighter DOGE+0.0096%1h0.09879+0.139%$757K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.09881+0.162%$2K$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09883+0.188%$485K$976K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09872+0.069%$4.6M$48.0M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGEshort+0.0100%1h0.09886+0.216%$327K$503K20x
Binance DOGEUSDT+0.0100%8h0.09883+0.180%$314.0M$1.43B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09875+0.101%$156.5M$442.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09876+0.112%$108.7M$967.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09894+0.294%$127K$182K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+1.265%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09881+0.162%$239.6M$130.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09883+0.183%$111.5M$226.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09876+0.112%$64.8M$42.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09890+0.254%$76.6Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09882+0.172%$349K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09951+0.871%$969K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09983+1.197%$268K$127.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09944+0.801%$635K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980+1.166%$146K$275K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09880+0.150%$254K$641K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09869+0.041%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09870+0.055%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09871+0.063%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09870+0.051%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09867+0.015%$5.9M$54.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09875+0.101%$91.1M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09871+0.062%$523K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09871+0.063%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0116%8h0.09882+0.171%$18K$7K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09884+0.196%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09887+0.220%$527$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09978+1.146%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09869+0.041%$2.0M$24.7M50xas long as short
Phoenix DOGE+0.0241%1h0.09962+0.983%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09868+0.034%$307K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09886+0.213%$318K$406K10xas long as short
Hyperliquid DOGE+0.0694%1h0.09896+0.318%$120.2M$97.1M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09980+1.166%$5K$239K12xas long as short