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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Polymarket Perps against Orderly−0.058%7-day average −0.010% · 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 7 days−0.281%−$28 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.058%, 7d avg −0.010%
Together, before fees−0.234%−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.048% cheaper against Orderly than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_DOGE_USDC0.10270.0100pay 0.0100% / 8h3h 23m$69K$467K50x
ShortPolymarket Perps DOGE-USD0.10260.0100get 0.0013% / 1h23m 46s$259K$979K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0
Price spread: −0.058% → −0.010%
−$4.8
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$18.8
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 29 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 Polymarket Perps live order book, 29 min ago3.79 bp7.8 bp −$88.2 bp −$82doesn't fitdoesn'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%8h0.1026−0.011%$710K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1026−0.047%$24K150xas long as short
dYdX DOGE-USD+0.0014%1h0.1026−0.098%$230K$70K10xas long as short
Bitget DOGEUSDT+0.0057%8h0.1033+0.604%$134.6M$315.8M75xas long as short
Lighter DOGE+0.0096%1h0.1027+0.061%$726K$6.4M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1027+0.005%$556K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1030+0.341%$4.9M$54.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1026−0.034%$329K$518K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1031+0.401%$341.5M$1.61B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1032+0.497%$169.2M$496.2M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1033+0.604%$117.3M$1.16B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1046+1.916%$402K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1030+0.331%$253.7M$145.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1030+0.360%$117.1M$244.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1030+0.351%$67.7M$48.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1030+0.360%$79.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1028+0.185%$342K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1026−0.053%$1.1M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1031+0.477%$329K$135.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1038+1.124%$656K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1032+0.526%$156K$329K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.1026−0.058%$259K$979K10x
Orderly PERP_DOGE_USDClong+0.0100%8h0.1027long leg$69K$467K50x
Derive DOGE-PERP+0.0100%1h0.1026−0.014%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1027+0.019%$36K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1026−0.029%$2K$5.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1027+0.001%$6.1M$65.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1027+0.049%$94.4M$17.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1026−0.066%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1030+0.318%$497K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.10270.000%$20K3xas long as short
Katana Perps DOGE-USD+0.0122%8h0.1026−0.029%$2K$497K10xas long as short
Reya DOGERUSDPERP+0.0192%1h0.1026−0.029%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1027+0.039%$16.7M$27.2M75xas long as short
Phoenix DOGE+0.0235%1h0.1031+0.442%$19K$292K10xas long as short
Kraken Futures PF_DOGEUSD+0.0245%1h0.1026−0.044%$5.5M$38.8M50xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1028+0.112%$457$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0256% / S −0.0309%1h0.1026−0.046%$331K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1027+0.029%$2.1M$33.3M50xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0374%1h0.1027+0.034%$583K$247K25xas long as short
Hyperliquid DOGE+0.0527%1h0.1033+0.604%$128.9M$110.2M10xas long as short
Arcus DOGE-USD+0.0634%1h0.1028+0.156%$111K$200K10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1027+0.088%$415K$428K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+2.572%$6K$242K12xas long as short