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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0100%/8hnext payment $0.13 per $10,000 · paid last 24h −0.033%
Price spread now: Deribit against Pacifica+0.091%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$330.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.091%, 7d avg −0.011%
Together, before fees−0.304%+ Points / potential airdropPacifica: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.102% dearer against Pacifica than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.011%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DOGE0.097700.0100pay 0.0013% / 1h6m 31s$356K$512K20x
ShortDeribit DOGE_USDC-PERPETUAL0.097790get 0.0000% / 1h6m 31s$611K$72K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Pacifica. 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
−$21
Price spread: +0.091% → −0.011%
$10.17
Slippage, 4 orders
−$17.79
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$43.62
Costs to cover
0.328%
Break-even
never at this rate
Slippage from Pacifica: live order book, 26 min ago; Deribit: live order book, 26 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 Pacifica live order book, 26 min ago1.52 bp5.5 bp −$67.6 bp −$76doesn't fitdoesn't fit
Sell Deribit live order book, 26 min ago4.57 bp8.1 bp −$815.7 bp −$157doesn'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−0.0219%8h0.09758−0.120%$151.3M$250.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09772+0.020%$406K$3.9M2.8xas long as short
Deribit DOGE_USDC-PERPETUALshort0.0000%1h0.09779+0.091%$611K$72K25x
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09777+0.079%$32K150xas long as short
dYdX DOGE-USD+0.0015%1h0.09771+0.018%$219K$44K10xas long as short
Gate DOGE_USDT+0.0070%8h0.09763−0.069%$235.2M$116.2M75xas long as short
Phoenix DOGE+0.0080%1h0.09794+0.247%$16K$197K10xas long as short
Katana Perps DOGE-USD+0.0091%8h0.09772+0.024%$1K$299K10xas long as short
Lighter DOGE+0.0096%1h0.09771+0.016%$774K$4.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09765−0.043%$698K$641K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09769−0.007%$4.5M$37.3M75xas long as short
Pacifica DOGElong+0.0100%1h0.09770long leg$356K$512K20x
Binance DOGEUSDT+0.0100%8h0.09770+0.003%$310.1M$1.19B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09767−0.028%$152.9M$377.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09768−0.017%$104.8M$837.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09772+0.024%$27K$73K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09778+0.081%$375K$11K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09769−0.007%$125.4M$189.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09770+0.003%$65.1M$36.8M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09765−0.048%$71.1Mas long as short
Variational Omni DOGE+0.0100%8h0.09803+0.345%$1.5M$6.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09796+0.267%$254K$102.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09804+0.351%$623K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09790+0.208%$143K$207K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09764−0.059%$280K$541K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09776+0.064%$60K$323K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09774+0.045%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09781+0.120%$34K$2.1M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09775+0.054%$2K$3.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09782+0.128%$5.8M$43.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09779+0.095%$91.1M$19.7M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09767−0.031%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09766−0.041%$577K$3.3M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09771+0.018%$19K3xas long as short
01 Exchange DOGEUSD+0.0120%1h0.09772+0.027%$516$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0128%1h0.09781+0.116%$521K$789K15xas long as short
Reya DOGERUSDPERP+0.0170%1h0.09768−0.015%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09775+0.054%$15.0M$21.2M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0232%1h0.09779+0.095%$2.0M$20.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0238% / S −0.0250%1h0.09778+0.086%$292K200xas long as short
Kraken Futures PF_DOGEUSD+0.0461%1h0.09776+0.060%$5.8M$27.8M50xas long as short
Hyperliquid DOGE+0.0633%1h0.09782+0.126%$110.4M$60.6M10xas long as short
RISEx DOGE/USDC+0.0699%1h0.09774+0.049%$308K$477K10xas long as short
Injective DOGE/USDC PERP+0.0921%1h0.09760−0.099%$5K$146K12xas long as short