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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against KuCoin+0.020%65s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.236%+$24 on $10k
Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.020%, 7d avg +0.022%
Together, before fees+0.218%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DOGEUSDTM0.10100.0100pay 0.0100% / 8h7h 24m$66.3M$42.6M75x
ShortBloFin DOGE-USDT0.10100.0220get 0.0220% / 8h7h 24m$15.5M$25.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$25.2
Price spread: +0.020% → +0.022%
−$0.19
Slippage, 4 orders
−$8.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.04
Costs to cover
0.320%
Break-even
9.0 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 5 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 KuCoin live order book, 5 min ago0.99 bp9.2 bp −$915.7 bp −$15744.4 bp −$4,444doesn't fit
Sell BloFin live order book, 5 min ago0.50 bp7.1 bp −$712.9 bp −$12921.7 bp −$2,16734.2 bp −$17.1K

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−0.0178%8h0.1009−0.040%$153.4M$270.9M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1010+0.017%$6.1M$33.9M50xas long as short
Phemex DOGEUSDT−0.0051%8h0.1009−0.040%$93.2M$17.8M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1010+0.030%$409K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1009−0.047%$24K150xas long as short
dYdX DOGE-USD+0.0016%1h0.1008−0.144%$226K$44K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0077%1h0.1010+0.009%$607K$121K25xas long as short
Lighter DOGE+0.0096%1h0.1010+0.046%$789K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1009−0.069%$843$412K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1009−0.089%$517K$971K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1009−0.056%$5.0M$46.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1009−0.097%$336K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1010+0.008%$320.9M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1010−0.010%$160.3M$438.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1010+0.010%$111.4M$973.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1010−0.010%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1007−0.284%$386K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1009−0.059%$245.6M$129.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.10100.000%$114.0M$224.7M300xas long as short
KuCoin DOGEUSDTMlong+0.0100%8h0.1010long leg$66.3M$42.6M75x
BingX DOGE-USDT+0.0100%8h0.1010+0.030%$76.1Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1010+0.040%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.058%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1008−0.195%$265K$123.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1009−0.133%$633K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1008−0.188%$148K$268K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1008−0.139%$272K$629K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1010−0.030%$73K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1010−0.038%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1009−0.105%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1010−0.030%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1010+0.021%$6.0M$52.7M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1009−0.124%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1009−0.052%$532K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1010−0.020%$19K3xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1009−0.076%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1009−0.081%$533$4K10xas long as short
BloFin DOGE-USDTshort+0.0220%8h0.1010+0.020%$15.5M$25.8M75x
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1010+0.010%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0240%1h0.1010+0.018%$66K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.1009−0.048%$311K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1010−0.015%$327K$460K10xas long as short
Hyperliquid DOGE+0.0823%1h0.1011+0.059%$123.2M$94.8M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1012+0.208%$5K$239K12xas long as short