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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h −0.008%
Price spread now: Paradex against Phoenix−0.105%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 pays, the price is against you. Paradex is 0.105% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 18 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix DOGE0.098390.0081pay 0.0010% / 1h49m 09s$18K$311K10x
ShortParadex DOGE-USD-PERP0.098290.0100get 0.0100% / 8h5h 49m$18K$5K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Phoenix. 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
$3.99
Price spread: −0.105% → 0.000%
−$10.54
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$17.54
Costs to cover
0.110%
Break-even
37.7 days
Slippage unknown: Phoenix: live order book, 60 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 Phoenix live order book, 60 min ago1.01 bp12.3 bp −$1250.7 bp −$507doesn'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 43 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0139%1h0.09843+0.034%$5.3M$39.5M50xas long as short
Bitget DOGEUSDT−0.0040%8h0.09831−0.084%$139.2M$305.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09831−0.086%$524K$6.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09843+0.034%$33K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0004%1h0.09841+0.012%$551K$292K25xas long as short
Bybit DOGEUSDT+0.0016%8h0.09836−0.034%$165.7M$493.0M75xas long as short
Gate DOGE_USDT+0.0032%8h0.09832−0.074%$252.7M$144.0M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+7.020%$6K$240K12xas long as short
Phoenix DOGElong+0.0081%1h0.09839long leg$18K$311K10x
Lighter DOGE+0.0096%1h0.09847+0.075%$819K$6.4M15xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps DOGE-USD+0.0100%8h0.09831−0.084%$941$539K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09828−0.110%$508K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09840+0.007%$4.9M$57.1M75xas long as short
Pacifica DOGE+0.0100%1h0.09832−0.074%$313K$436K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09841+0.017%$325.7M$1.59B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09841+0.017%$118.0M$1.10B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09835−0.044%$16K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09860+0.210%$376K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09841+0.017%$113.5M$247.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09840+0.007%$65.0M$45.6M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09834−0.054%$45.9Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09834−0.054%$306K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09820−0.196%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09825−0.150%$264K$132.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09845+0.058%$620K$3.8M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09830−0.095%$138K$344K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09833−0.062%$239K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09837−0.023%$68K$414K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09834−0.055%$34K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09840+0.007%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09840+0.007%$5.9M$64.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09841+0.017%$89.9M$15.6M50xas long as short
Paradex DOGE-USD-PERPshort+0.0100%8h0.09829−0.105%$18K$5K30x
Extended DOGE-USD+0.0104%1h0.09834−0.051%$483K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09838−0.015%$19K3xas long as short
Hyperliquid DOGE+0.0107%1h0.09841+0.020%$122.1M$108.0M10xas long as short
01 Exchange DOGEUSD+0.0136%1h0.09834−0.057%$453$4K10xas long as short
Reya DOGERUSDPERP+0.0206%1h0.09823−0.166%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0211% / S −0.0184%1h0.09831−0.086%$285K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09841+0.017%$15.5M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0264%1h0.09842+0.027%$2.2M$32.9M50xas long as short
dYdX DOGE-USD+0.0400%1h0.09830−0.094%$231K$75K10xas long as short
RISEx DOGE/USDC+0.0587%1h0.09837−0.028%$408K$402K10xas long as short