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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Binance against Polymarket Perps+0.118%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.323%+$32 on $10k
Price spread, last 3 days (all we have)−0.209%−$21 · spread now +0.118%, 7d avg +0.007%
Together, before fees+0.114%+$11 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: Binance is 0.111% dearer against Polymarket Perps than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.099710.0100pay 0.0013% / 1h25m 12s$256K$557K10x
ShortBinance DOGEUSDT0.099820.0100get 0.0100% / 8h25m 12s$316.5M$1.37B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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: +0.118% → +0.007%
$11.11
Slippage, 4 orders
−$9.86
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$16.76
Costs to cover
0.279%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 52 min ago; Binance: live order book, 4 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 Polymarket Perps live order book, 52 min ago3.49 bp9.4 bp −$99.9 bp −$99doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.50 bp5.5 bp −$67.8 bp −$7816.8 bp −$1,67638.8 bp −$19.4K

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−0.0237%8h0.09970−0.005%$151.9M$269.4M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09991+0.210%$413K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09977+0.068%$23K150xas long as short
dYdX DOGE-USD+0.0054%1h0.09973+0.028%$224K$44K10xas long as short
Gate DOGE_USDT+0.0074%8h0.09975+0.045%$240.3M$127.4M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0080%1h0.09990+0.193%$601K$117K25xas long as short
Lighter DOGE+0.0096%1h0.09987+0.168%$791K$5.5M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.09968−0.025%$2K$390K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09977+0.065%$511K$976K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09977+0.070%$4.9M$45.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09982+0.115%$333K$510K20xas long as short
Binance DOGEUSDTshort+0.0100%8h0.09982+0.118%$316.5M$1.37B75x
Bybit DOGEUSDT+0.0100%8h0.09980+0.095%$157.1M$431.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09979+0.085%$108.7M$946.4M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09974+0.035%$31K$80K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1001+0.371%$383K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09980+0.095%$111.4M$221.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09982+0.115%$65.6M$41.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09978+0.075%$75.7Mas long as short
Variational Omni DOGE+0.0100%8h0.09978+0.079%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09998+0.274%$274K$119.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09994+0.240%$635K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.396%$147K$250K25xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.09971long leg$256K$557K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.09985+0.145%$73K$433K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09985+0.144%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09993+0.224%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09987+0.165%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09988+0.180%$6.0M$51.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09981+0.105%$92.3M$19.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09979+0.081%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09984+0.132%$525K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09986+0.156%$19K3xas long as short
Kraken Futures PF_DOGEUSD+0.0105%1h0.09986+0.156%$5.9M$33.4M50xas long as short
Reya DOGERUSDPERP+0.0179%1h0.09978+0.072%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09984+0.135%$15.3M$25.2M75xas long as short
01 Exchange DOGEUSD+0.0224%1h0.09973+0.028%$527$4K10xas long as short
Phoenix DOGE+0.0239%1h0.09984+0.134%$67K$281K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09991+0.206%$2.0M$24.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0273%1h0.09976+0.055%$314K200xas long as short
Backpack DOGE_USDC_PERP+0.0367%1h0.09985+0.145%$533K$968K15xas long as short
RISEx DOGE/USDC+0.0708%1h0.09975+0.050%$313K$474K10xas long as short
Hyperliquid DOGE+0.0890%1h0.09986+0.153%$117.3M$89.3M10xas long as short
Injective DOGE/USDC PERP+0.1039%1h0.1002+0.496%$5K$239K12xas long as short