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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h +0.001%
Price spread now: Paradex against Lighter−0.242%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.242% cheaper against Lighter than usual: you would sell low and buy high (spread −0.242% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 3 months of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DOGE0.099610.0096pay 0.0012% / 1h0m 44s$773K$5.9M15x
ShortParadex DOGE-USD-PERP0.099370.0105get 0.0105% / 8h7h 00m$18K$6K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Lighter. 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
$1.95
Price spread: −0.242% → 0.000%
−$24.19
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$26.24
Costs to cover
0.040%
Break-even
101.3 days
Slippage unknown: Lighter: live order book, 7 min ago; Paradex: 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 Lighter live order book, 7 min ago4.06 bp5.1 bp −$57.9 bp −$7923.1 bp −$2,311doesn't fit
Sell Paradex no order-book sample
Paradex: 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
Bitget DOGEUSDT−0.0159%8h0.09948−0.133%$150.9M$272.0M75xas long as short
Kraken Futures PF_DOGEUSD−0.0078%1h0.09926−0.351%$5.8M$34.1M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09933−0.280%$409K$4.9M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09920−0.411%$597K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09923−0.385%$23K150xas long as short
dYdX DOGE-USD+0.0009%1h0.09942−0.198%$223K$59K10xas long as short
Lighter DOGElong+0.0096%1h0.09961long leg$773K$5.9M15x
Katana Perps DOGE-USD+0.0100%8h0.09945−0.163%$1K$426K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09938−0.233%$5.2M$47.3M75xas long as short
Pacifica DOGE+0.0100%1h0.09946−0.155%$331K$512K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09939−0.223%$316.5M$1.41B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09942−0.193%$158.7M$440.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09935−0.263%$109.2M$962.8M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09952−0.092%$76K$124K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1009+1.326%$387K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09944−0.173%$241.4M$132.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09940−0.213%$110.1M$227.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09945−0.163%$65.3M$42.6M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09950−0.112%$76.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09938−0.233%$355K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09930−0.316%$981K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1002+0.566%$271K$125.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1006+1.042%$639K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.390%$146K$269K25xas long as short
Nado DOGE-PERP+0.0100%1h0.09940−0.208%$510K$971K10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09934−0.269%$259K$633K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09925−0.363%$74K$429K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09920−0.409%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09923−0.379%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09928−0.333%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09921−0.399%$5.9M$53.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09934−0.273%$91.7M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09939−0.224%$526K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09919−0.423%$19K3xas long as short
Paradex DOGE-USD-PERPshort+0.0105%8h0.09937−0.242%$18K$6K30x
01 Exchange DOGEUSD+0.0168%1h0.09944−0.172%$525$4K10xas long as short
Reya DOGERUSDPERP+0.0183%1h0.09937−0.240%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09919−0.424%$15.4M$25.4M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09937−0.243%$2.0M$25.0M50xas long as short
Phoenix DOGE+0.0240%1h0.1001+0.491%$65K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0270%1h0.09928−0.330%$312K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.09950−0.112%$321K$404K10xas long as short
Hyperliquid DOGE+0.0737%1h0.09959−0.021%$120.4M$96.8M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1004+0.791%$5K$239K12xas long as short