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+0.0066%/8h= +7.2% APRpaid last 24h +0.001%
Price spread now: KuCoin against Polymarket Perps+0.002%7-day average +0.011% · 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−$36as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.306%+$31 on $10k
Price spread, last 4 days (all we have)−0.579%−$58 · spread now +0.002%, 7d avg +0.011%
Together, before fees−0.273%−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.098980.0034pay 0.0004% / 1h5m 10s$258K$1.2M10x
ShortKuCoin DOGEUSDTM0.098980.0100get 0.0100% / 8h5m 10s$66.0M$49.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$13.81
Price spread: +0.002% → +0.011%
−$0.94
Slippage, 4 orders
−$14.74
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$21.87
Costs to cover
0.347%
Break-even
18.1 days
Slippage from Polymarket Perps: live order book, 3 min ago; KuCoin: 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, 3 min ago2.63 bp8.3 bp −$810.4 bp −$104doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago1.51 bp9.0 bp −$915.0 bp −$15038.5 bp −$3,850doesn'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
Kraken Futures PF_DOGEUSD−0.0060%1h0.09901+0.028%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0003%8h0.09893−0.048%$140.2M$347.6M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09896−0.013%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.098980.000%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.387%$6K$242K12xas long as short
Polymarket Perps DOGE-USDlong+0.0034%1h0.09898long leg$258K$1.2M10x
dYdX DOGE-USD+0.0040%1h0.09896−0.018%$222K$63K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0093%1h0.09903+0.056%$569K$262K25xas long as short
Lighter DOGE+0.0096%1h0.09907+0.090%$826K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09903+0.058%$536K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09908+0.106%$123.4M$117.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09900+0.021%$5.0M$59.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09896−0.021%$321K$507K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09900+0.017%$327.0M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09894−0.038%$163.8M$525.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09898+0.002%$115.2M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09906+0.083%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09910+0.123%$378K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09897−0.008%$249.2M$159.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09900+0.022%$117.0M$259.6M300xas long as short
KuCoin DOGEUSDTMshort+0.0100%8h0.09898+0.002%$66.0M$49.9M75x
BingX DOGE-USDT+0.0100%8h0.09900+0.022%$54.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09901+0.032%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09890−0.077%$1.0M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09904+0.066%$300K$139.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09904+0.064%$627K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910+0.123%$142K$346K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09900+0.022%$71K$478K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09907+0.091%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09905+0.075%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09898+0.002%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09899+0.013%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09899+0.012%$90.5M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09893−0.046%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09893−0.048%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09900+0.027%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09907+0.093%$1K$541K10xas long as short
Phoenix DOGE+0.0160%1h0.09904+0.063%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09900+0.018%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09909+0.113%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09896−0.018%$15.4M$26.9M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09910+0.124%$441$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0377% / S −0.0750%1h0.09897−0.003%$616K200xas long as short
RISEx DOGE/USDC+0.0731%1h0.09911+0.133%$399K$456K10xas long as short