DOGE

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.122%

7d average−0.040%if it closes, per $10,000$12funding while held, a day−$3.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_DOGE_USDC	0.09702	0.0100	pay 0.0100% / 8h	7h 40m	$72K	$277K	50x
Short	Kalshi KXDOGEPERP	0.09714	0	get 0.0000% / 8h	3h 40m	$516K	$3.1M	2.8x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee OrderlybpFee KalshibpOrdersClose when spread is

Spread captured: $12.16
Funding while held: −$3
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$6.84
Spread needed to break even: 0.160%

Slippage unknown: Orderly: no order-book sample; Kalshi: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0100%
Per $10,000 a day: −$3.00
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 5 min ago	4.96 bp	10.1 bp −$10	16.9 bp −$169	doesn't fit	doesn'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 price on every exchange

against the cheapest. Click to use as the short leg.

Bulk0.09660cheapest Bitget0.09677+0.176%Phoenix0.09677+0.180%Nado0.09678+0.186%Reya0.09680+0.211%MEXC0.09685+0.259%Gate0.09687+0.280%KuCoin0.09687+0.280%Polymarket Perps0.09688+0.285%GMX0.09690+0.314%gTrade (Gains Network)0.09691+0.323%BingX0.09693+0.342%SunX0.09694+0.353%Coinbase International0.09696+0.373%Hyperliquid0.09697+0.383%SoDEX0.09697+0.383%Bybit0.09698+0.393%dYdX0.09700+0.412%Injective0.09700+0.414%Aevo0.09700+0.415%HTX0.09700+0.417%Extended0.09701+0.424%Binance0.09701+0.424%Paradex0.09702+0.435%

Orderly0.09702+0.435%

Kraken Futures0.09702+0.436%OKX0.09703+0.445%Katana Perps0.09703+0.445%Phemex0.09703+0.445%Deribit0.09703+0.446%Arcus0.09704+0.455%Lighter0.09706+0.476%RISEx0.09707+0.492%Pacifica0.09709+0.507%01 Exchange0.09711+0.525%Aster0.09712+0.539%

Kalshi0.09714+0.557%

Variational Omni0.09715+0.573%Backpack0.09718+0.600%BloFin0.09722+0.642%edgeX0.09725+0.677%ApeX Omni0.09730+0.725%Derive0.09737+0.801%

DOGE on 43 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bulk DOGE-USD	−0.433%	+0.0100%	1h	$370K	$23K	10x	as long as short
Bitget DOGEUSDT	−0.258%	+0.0100%	8h	$152.5M	$222.3M	75x	as long as short
Phoenix DOGE	−0.254%	+0.0082%	1h	$15K	$178K	10x	as long as short
Nado DOGE-PERP	−0.247%	+0.0100%	1h	$716K	$554K	10x	as long as short
Reya DOGERUSDPERP	−0.223%	+0.0160%	1h	$2K	—	20x	as long as short
MEXC DOGE_USDT	−0.175%	+0.0100%	8h	$116.5M	$136.8M	300x	as long as short
Gate DOGE_USDT	−0.155%	−0.0224%	8h	$228.7M	$103.3M	75x	as long as short
KuCoin DOGEUSDTM	−0.155%	+0.0100%	8h	$63.7M	$31.2M	75x	as long as short
Polymarket Perps DOGE-USD	−0.149%	+0.0100%	1h	$299K	$410K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	−0.121%	L +0.0240% / S −0.0257%	1h	$294K	—	200x	as long as short

Show all 43 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) DOGE/USD	−0.111%	L +0.0001% / S −0.0001%	1h	$36K	—	150x	as long as short
BingX DOGE-USDT	−0.093%	+0.0100%	8h	—	$64.0M	—	as long as short
SunX DOGE-USDT	−0.081%	+0.0100%	8h	$34K	$2.1M	30x	as long as short
Coinbase International DOGE-PERP-INTX	−0.062%	+0.0192%	1h	$2.0M	$15.0M	50x	as long as short
Hyperliquid DOGE	−0.052%	+0.0730%	1h	$101.9M	$48.6M	10x	as long as short
SoDEX DOGE-USD	−0.052%	+0.0100%	1h	$808	$1.7M	10x	as long as short
Bybit DOGEUSDT	−0.041%	+0.0100%	8h	$148.3M	$323.2M	75x	as long as short
dYdX DOGE-USD	−0.023%	+0.0003%	1h	$219K	$44K	10x	as long as short
Injective DOGE/USDC PERP	−0.021%	−0.0861%	1h	$15K	$94K	12x	as long as short
Aevo DOGE-PERP	−0.020%	+0.0104%	1h	$19K	—	3x	as long as short
HTX DOGE-USDT	−0.018%	+0.0100%	8h	$5.9M	$35.9M	75x	as long as short
Extended DOGE-USD	−0.011%	+0.0104%	1h	$643K	$3.2M	50x	as long as short
Binance DOGEUSDT	−0.010%	+0.0100%	8h	$299.2M	$1.03B	75x	as long as short
Paradex DOGE-USD-PERP	0.000%	+0.0101%	8h	$19K	$2K	30x	as long as short
Orderly PERP_DOGE_USDClong	0.000%	+0.0100%	8h	$72K	$277K	50x
Kraken Futures PF_DOGEUSD	+0.001%	+0.0139%	1h	$6.3M	$23.1M	50x	as long as short
OKX DOGE-USDT-SWAP	+0.010%	+0.0100%	8h	$102.1M	$727.9M	50x	as long as short
Katana Perps DOGE-USD	+0.010%	+0.0100%	8h	$830	$196K	10x	as long as short
Phemex DOGEUSDT	+0.010%	+0.0100%	8h	$90.7M	$22.2M	50x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.011%	0.0000%	1h	$612K	$61K	25x	as long as short
Arcus DOGE-USD	+0.021%	+0.0100%	1h	$19K	$48K	10x	as long as short
Lighter DOGE	+0.041%	+0.0096%	1h	$778K	$3.8M	15x	as long as short
RISEx DOGE/USDC	+0.057%	+0.0611%	1h	$306K	$407K	10x	as long as short
Pacifica DOGE	+0.072%	+0.0100%	1h	$386K	$444K	20x	as long as short
01 Exchange DOGEUSD	+0.090%	+0.0176%	1h	$396	$9K	10x	as long as short
Aster DOGEUSDT	+0.104%	+0.0100%	8h	$4.8M	$30.7M	75x	as long as short
Kalshi KXDOGEPERPshort	+0.122%	0.0000%	8h	$516K	$3.1M	2.8x
Variational Omni DOGE	+0.138%	+0.0100%	8h	$1.1M	$4.8M	—	as long as short
Backpack DOGE_USDC_PERP	+0.165%	+0.0156%	1h	$501K	$693K	15x	as long as short
BloFin DOGE-USDT	+0.206%	+0.0220%	8h	$14.5M	$14.9M	75x	as long as short
edgeX DOGEUSDC	+0.241%	+0.0100%	4h	$270K	$88.4M	20x	as long as short
ApeX Omni DOGEUSDT	+0.289%	+0.0100%	1h	$125K	$178K	25x	as long as short
Derive DOGE-PERP	+0.365%	+0.0100%	1h	$24K	$1K	10x	as long as short