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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Polymarket Perps+0.119%51s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.336%+$34 on $10k
Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.119%, 7d avg −0.030%
Together, before fees+0.096%+$10 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: BingX is 0.149% dearer against Polymarket Perps than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.10060.0100pay 0.0013% / 1h33m 30s$271K$571K10x
ShortBingX DOGE-USDC0.10070.0100get 0.0100% / 8h7h 33m$3.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.119% → −0.030%
$14.94
Slippage, 4 orders
−$17.08
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$20.14
Costs to cover
0.351%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 39 min ago; BingX: live order book, 2 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, 39 min ago3.03 bp8.3 bp −$88.5 bp −$85doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago0.50 bp9.5 bp −$1015.0 bp −$15034.0 bp −$3,403107.8 bp −$53.9K

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
Phemex DOGEUSDT−0.0286%8h0.1006+0.020%$92.9M$18.0M50xas long as short
Bitget DOGEUSDT−0.0188%8h0.1006+0.030%$153.2M$270.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1006+0.035%$6.0M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1007+0.126%$400K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1006+0.025%$605K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1006+0.010%$24K150xas long as short
dYdX DOGE-USD+0.0021%1h0.1008+0.213%$226K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1008+0.259%$791K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1006+0.010%$840$410K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1006+0.020%$516K$973K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1007+0.127%$5.0M$46.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1008+0.203%$336K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1007+0.076%$320.3M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1006+0.040%$159.6M$437.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1006+0.050%$110.4M$969.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1008+0.169%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.064%$385K$9K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1007+0.159%$244.6M$128.9M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1007+0.149%$113.9M$224.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1008+0.179%$66.0M$42.5M75xas long as short
BingX DOGE-USDCshort+0.0100%8h0.1007+0.119%$3.4M
Backpack DOGE_USDC_PERP+0.0100%1h0.1007+0.080%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.467%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1008+0.170%$265K$123.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1007+0.089%$643K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1010+0.418%$148K$267K25xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.1006long leg$271K$571K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.1006+0.010%$73K$428K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006+0.012%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1006+0.046%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1006+0.020%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1006−0.012%$6.0M$52.5M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1007+0.123%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1007+0.099%$532K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006+0.016%$19K3xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1006−0.006%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1006+0.026%$531$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1008+0.179%$15.3M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1006+0.060%$2.0M$24.9M50xas long as short
Phoenix DOGE+0.0240%1h0.1010+0.391%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.1006+0.002%$310K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1007+0.104%$319K$477K10xas long as short
Hyperliquid DOGE+0.0851%1h0.1008+0.259%$122.1M$93.6M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1014+0.815%$5K$239K12xas long as short