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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Phemex+0.077%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$770.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.077%, 7d avg +0.019%
Together, before fees−0.003%$0 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: SunX is 0.057% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex DOGEUSDT0.10020.0100pay 0.0100% / 8h2h 05m$92.0M$17.0M50x
ShortSunX DOGE-USDT0.10020.0100get 0.0100% / 8h2h 05m$35K$2.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: +0.077% → +0.019%
$5.75
Slippage, 4 orders
−$56.8
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$71.05
Costs to cover
0.768%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 1 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 Phemex live order book, 4 min ago6.50 bp14.1 bp −$1433.8 bp −$338doesn't fitdoesn't fit
Sell SunX live order book, 1 min ago18.55 bp23.7 bp −$2432.0 bp −$320doesn'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
Kalshi KXDOGEPERP0.0000%8h0.1002+0.079%$599K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1002+0.039%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.1002+0.011%$5.7M$40.2M50xas long as short
dYdX DOGE-USD+0.0025%1h0.1002−0.013%$225K$69K10xas long as short
Polymarket Perps DOGE-USD+0.0042%1h0.1001−0.030%$269K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.1003+0.091%$856K$6.8M15xas long as short
Bitget DOGEUSDT+0.0097%8h0.1001−0.120%$142.9M$343.1M75xas long as short
Nado DOGE-PERP+0.0100%1h0.1001−0.045%$540K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1002+0.008%$4.4M$57.9M75xas long as short
Pacifica DOGE+0.0100%1h0.1002+0.018%$321K$514K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.10020.000%$329.2M$1.70B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001−0.050%$165.7M$519.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.10020.000%$117.8M$1.19B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09955−0.621%$382K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1001−0.060%$248.4M$155.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002−0.010%$112.6M$257.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1002−0.020%$66.5M$49.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1001−0.050%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1002+0.060%$315K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.1002+0.017%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09982−0.345%$313K$139.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09997−0.203%$636K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.170%$148K$345K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1002+0.060%$64K$478K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1002+0.050%$19K$7K10xas long as short
SunX DOGE-USDTshort+0.0100%8h0.1002+0.077%$35K$2.3M30x
SoDEX DOGE-USD+0.0100%1h0.1002+0.050%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1002+0.078%$5.9M$68.5M75xas long as short
Phemex DOGEUSDTlong+0.0100%8h0.1002long leg$92.0M$17.0M50x
Paradex DOGE-USD-PERP+0.0100%8h0.1001−0.037%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001−0.073%$487K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1002+0.070%$19K3xas long as short
Katana Perps DOGE-USD+0.0110%8h0.1001−0.070%$1K$527K10xas long as short
Hyperliquid DOGE+0.0114%1h0.1003+0.100%$124.2M$116.2M10xas long as short
Reya DOGERUSDPERP+0.0195%1h0.1002+0.018%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.1002−0.005%$445$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0209%1h0.1003+0.090%$575K$252K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.1001−0.040%$15.9M$27.1M75xas long as short
Arcus DOGE-USD+0.0231%1h0.1001−0.050%$27K$300K10xas long as short
Phoenix DOGE+0.0240%1h0.1000−0.149%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0294%1h0.1002+0.036%$316K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1002+0.030%$2.0M$34.5M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.1002+0.007%$405K$453K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+5.121%$6K$242K12xas long as short