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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0904%/8h= +99.0% APRpaid last 24h +0.207%
Price spread now: Injective against KuCoin+0.565%7-day average +0.197% · you sell dearer than you buy
Net, funding: paid 7d − costs+$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$930.926% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.550%+$155 on $10k
Price spread, last 4 days (all we have)−0.656%−$66 · spread now +0.565%, 7d avg +0.197%
Together, before fees+0.894%+$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Injective is 0.368% dearer against KuCoin than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.197%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DOGEUSDTM0.099040.0100pay 0.0100% / 8h4h 38m$65.4M$43.5M75x
ShortInjective DOGE/USDC PERP0.099600.1004get 0.0126% / 1h38m 53s$5K$239K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$189.89
Price spread: +0.565% → +0.197%
$36.83
Slippage, 4 orders
−$80.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$134.17
Costs to cover
0.926%
Break-even
2.1 days
Slippage from KuCoin: live order book, 5 min ago; Injective: live order book, 20 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 ago1.01 bp10.5 bp −$1014.9 bp −$14941.4 bp −$4,141doesn't fit
Sell Injective live order book, 20 min ago35.30 bp35.3 bp −$35doesn'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−0.0055%8h0.09903−0.010%$149.8M$275.3M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09895−0.091%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09919+0.153%$394K$5.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09900−0.041%$592K$118K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09909+0.046%$23K150xas long as short
dYdX DOGE-USD+0.0030%1h0.09917+0.132%$223K$49K10xas long as short
Polymarket Perps DOGE-USD+0.0066%1h0.09906+0.015%$266K$844K10xas long as short
Lighter DOGE+0.0096%1h0.09899−0.047%$727K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09908+0.040%$2K$449K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09904+0.005%$523K$1.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09902−0.019%$4.5M$49.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09919+0.151%$322K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09906+0.020%$316.8M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09910+0.061%$161.0M$443.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09912+0.081%$111.1M$993.1M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.192%$380K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09899−0.050%$244.2M$133.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09907+0.030%$111.2M$234.4M300xas long as short
KuCoin DOGEUSDTMlong+0.0100%8h0.09904long leg$65.4M$43.5M75x
BingX DOGE-USDC+0.0100%8h0.09905+0.010%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09894−0.101%$310K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09927+0.229%$1.0M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09907+0.034%$295K$129.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09930+0.261%$625K$4.3M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09930+0.263%$144K$284K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09902−0.020%$69K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09898−0.065%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09903−0.006%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09899−0.050%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09900−0.040%$5.9M$57.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09895−0.091%$91.0M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09907+0.026%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09900−0.045%$497K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09899−0.045%$19K3xas long as short
Reya DOGERUSDPERP+0.0189%1h0.09910+0.058%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09915+0.114%$528$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09897−0.071%$15.4M$25.0M75xas long as short
Phoenix DOGE+0.0242%1h0.09909+0.054%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09908+0.040%$310K200xas long as short
Hyperliquid DOGE+0.0268%1h0.09904−0.001%$120.5M$100.4M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09908+0.040%$2.3M$26.7M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09920+0.162%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09914+0.102%$400K$412K10xas long as short
Injective DOGE/USDC PERPshort+0.1004%1h0.09960+0.565%$5K$239K12x