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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Phemex−0.092%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.092% cheaper against Phemex than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex DOGEUSDT0.10060.0100pay 0.0100% / 8h4h 13m$92.5M$16.9M50x
ShortParadex DOGE-USD-PERP0.10050.0101get 0.0101% / 8h4h 13m$18K$7K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Phemex. 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
$0.11
Price spread: −0.092% → 0.000%
−$9.2
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$25.09
Costs to cover
0.160%
Break-even
1546.2 days
Slippage unknown: Phemex: live order book, 6 min ago; Paradex: no order-book sample. 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 Phemex live order book, 6 min ago1.50 bp17.2 bp −$1735.8 bp −$358doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
Bitget DOGEUSDT−0.0034%8h0.1006−0.030%$151.9M$276.9M75xas long as short
Kraken Futures PF_DOGEUSD−0.0031%1h0.1007+0.035%$5.7M$35.7M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1006−0.043%$397K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1006+0.006%$24K150xas long as short
dYdX DOGE-USD+0.0013%1h0.1005−0.168%$226K$49K10xas long as short
Lighter DOGE+0.0096%1h0.1007+0.076%$738K$6.3M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.1005−0.139%$908$458K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1005−0.089%$528K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1006+0.028%$4.7M$49.6M75xas long as short
Pacifica DOGE+0.0100%1h0.1005−0.084%$326K$484K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1006+0.020%$325.7M$1.47B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1006+0.010%$165.1M$448.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.10060.000%$114.8M$1.03B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.303%$385K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1006−0.020%$248.0M$135.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1006+0.020%$112.4M$236.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1006−0.060%$66.7M$43.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.10060.000%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1003−0.328%$322K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1001−0.499%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1003−0.355%$304K$131.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1003−0.281%$638K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1004−0.219%$146K$290K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1005−0.089%$258K$870K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1007+0.040%$71K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1007+0.041%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1007+0.072%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1007+0.040%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1006−0.020%$6.0M$58.3M75xas long as short
Phemex DOGEUSDTlong+0.0100%8h0.1006long leg$92.5M$16.9M50x
Paradex DOGE-USD-PERPshort+0.0101%8h0.1005−0.092%$18K$7K30x
Extended DOGE-USD+0.0104%1h0.1006+0.017%$493K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1007+0.065%$19K3xas long as short
Reya DOGERUSDPERP+0.0190%1h0.1006−0.032%$2K20xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0207%1h0.1007+0.073%$602K$119K25xas long as short
01 Exchange DOGEUSD+0.0216%1h0.1006+0.001%$536$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1007+0.080%$15.9M$25.6M75xas long as short
Phoenix DOGE+0.0242%1h0.1003−0.342%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0269%1h0.1006+0.003%$315K200xas long as short
Hyperliquid DOGE+0.0266%1h0.1006−0.002%$122.8M$101.8M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.1007+0.080%$2.3M$27.6M50xas long as short
Arcus DOGE-USD+0.0690%1h0.1007+0.060%$110K$199K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.10060.000%$406K$414K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1007+0.080%$5K$239K12xas long as short