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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.032%
Price spread now: Coinbase International against Orderly+0.041%7-day average +0.038% · you sell dearer than you buy
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 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.041%, 7d avg +0.038%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_DOGE_USDC0.098540.0100pay 0.0100% / 8h2h 28m$63K$469K50x
ShortCoinbase International DOGE-PERP-INTX0.098580.0304get 0.0038% / 1h28m 16s$1.9M$33.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Orderly. 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
$42.84
Price spread: +0.041% → +0.038%
$0.29
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$27.13
Costs to cover
0.160%
Break-even
2.6 days
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 1 min ago. 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 Orderly no order-book sample
Sell Coinbase International live order book, 1 min ago1.52 bp9.9 bp −$1014.8 bp −$14835.0 bp −$3,501doesn't fit
Orderly: 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
Kalshi KXDOGEPERP0.0000%8h0.09890+0.365%$640K$6.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09853−0.012%$33K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09853−0.013%$5.6M$39.9M50xas long as short
Polymarket Perps DOGE-USD+0.0024%1h0.09853−0.006%$266K$1.2M10xas long as short
dYdX DOGE-USD+0.0044%1h0.09867+0.132%$222K$70K10xas long as short
Lighter DOGE+0.0096%1h0.09876+0.219%$842K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09860+0.066%$534K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09860+0.060%$4.4M$57.0M75xas long as short
Pacifica DOGE+0.0100%1h0.09869+0.152%$316K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09854+0.005%$321.8M$1.68B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09852−0.020%$161.9M$516.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.098540.000%$114.2M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09900+0.467%$380K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09856+0.020%$244.6M$151.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09859+0.051%$108.5M$253.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09860+0.061%$65.3M$49.5M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09848−0.061%$132.4M$333.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09857+0.030%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09876+0.223%$297K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09877+0.233%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09887+0.332%$304K$138.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09882+0.284%$628K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890+0.365%$147K$339K25xas long as short
Orderly PERP_DOGE_USDClong+0.0100%8h0.09854long leg$63K$469K50x
Derive DOGE-PERP+0.0100%1h0.09852−0.016%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09857+0.029%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.098540.000%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09854+0.002%$5.8M$67.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09856+0.020%$90.6M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09862+0.076%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09849−0.048%$480K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09856+0.015%$19K3xas long as short
Hyperliquid DOGE+0.0109%1h0.09866+0.118%$122.7M$115.0M10xas long as short
Katana Perps DOGE-USD+0.0112%8h0.09866+0.122%$824$525K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0126%1h0.09856+0.024%$560K$247K25xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09866+0.118%$439$4K10xas long as short
Reya DOGERUSDPERP+0.0194%1h0.09857+0.029%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09886+0.325%$16.0M$26.7M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09877+0.233%$107K$207K10xas long as short
Phoenix DOGE+0.0240%1h0.09885+0.316%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0286%1h0.09851−0.026%$315K200xas long as short
Coinbase International DOGE-PERP-INTXshort+0.0304%1h0.09858+0.041%$1.9M$33.7M50x
RISEx DOGE/USDC+0.0686%1h0.09873+0.197%$398K$442K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+6.860%$6K$242K12xas long as short