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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica−0.181%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$250.252% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.181%, 7d avg +0.029%
Together, before fees+0.130%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$13 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: Lighter is 0.210% cheaper against Pacifica than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DOGE0.099500.0100pay 0.0013% / 1h12m 55s$327K$483K20x
ShortLighter DOGE0.099320.0096get 0.0012% / 1h12m 55s$769K$6.2M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: −0.181% → +0.029%
−$21
Slippage, 4 orders
−$17.24
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$47.07
Costs to cover
0.252%
Break-even
never at this rate
Slippage from Pacifica: live order book, 51 min ago; Lighter: live order book, 5 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, 51 min ago2.00 bp7.2 bp −$712.7 bp −$127doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago0.86 bp2.8 bp −$39.6 bp −$9627.4 bp −$2,738doesn'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−0.0074%8h0.09921−0.289%$150.1M$274.0M75xas long as short
dYdX DOGE-USD0.0000%1h0.09942−0.083%$223K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09937−0.129%$429K$5.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09928−0.219%$593K$118K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09930−0.202%$24K150xas long as short
Lighter DOGEshort+0.0096%1h0.09932−0.181%$769K$6.2M15x
Katana Perps DOGE-USD+0.0100%8h0.09944−0.058%$898$443K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09941−0.083%$532K$996K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09925−0.245%$4.7M$48.8M75xas long as short
Pacifica DOGElong+0.0100%1h0.09950long leg$327K$483K20x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.09929−0.207%$317.8M$1.44B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09928−0.219%$159.9M$441.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09930−0.199%$110.7M$985.3M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09966+0.162%$382K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09921−0.289%$242.6M$133.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09923−0.269%$111.7M$231.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09922−0.279%$65.7M$43.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09926−0.239%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09920−0.300%$326K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09975+0.249%$988K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09941−0.091%$295K$129.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09949−0.005%$631K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09940−0.098%$145K$279K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09937−0.127%$251K$741K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09927−0.229%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09925−0.244%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09942−0.080%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09927−0.229%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09919−0.312%$6.0M$56.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09923−0.269%$91.3M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0102%8h0.09941−0.085%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09918−0.315%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09925−0.244%$19K3xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09936−0.137%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09947−0.028%$530$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09932−0.179%$15.6M$25.0M75xas long as short
Phoenix DOGE+0.0240%1h0.09951+0.012%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09929−0.210%$311K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09940−0.098%$2.3M$26.3M50xas long as short
Kraken Futures PF_DOGEUSD+0.0308%1h0.09924−0.259%$5.7M$35.3M50xas long as short
Hyperliquid DOGE+0.0522%1h0.09938−0.118%$121.1M$100.0M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.099500.000%$402K$368K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09955+0.052%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1000+0.505%$5K$239K12xas long as short