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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0089%/8h= −9.7% APRnext payment $0.11 per $10,000 · paid last 24h −0.017%
Price spread now: SoDEX against Reya+0.103%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. SoDEX is 0.103% dearer against Reya than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOGERUSDPERP0.099170.0189pay 0.0024% / 1h37m 17s$2K20x
ShortSoDEX DOGE-USD0.099270.0100get 0.0013% / 1h37m 17s$2K$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Reya. 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
−$18.67
Price spread: +0.103% → 0.000%
$10.32
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$22.35
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; SoDEX: live order book, 2 min ago. 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 Reya no order-book sample
Sell SoDEX live order book, 2 min ago0.50 bp4.5 bp −$57.9 bp −$79153.7 bp −$15.4Kdoesn't fit
Reya: 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 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−0.0054%8h0.09916−0.008%$150.0M$275.4M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09927+0.101%$5.7M$35.5M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09923+0.063%$394K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09921+0.038%$23K150xas long as short
dYdX DOGE-USD+0.0027%1h0.09916−0.005%$223K$49K10xas long as short
Polymarket Perps DOGE-USD+0.0062%1h0.09914−0.027%$258K$855K10xas long as short
Lighter DOGE+0.0096%1h0.09933+0.162%$729K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0096%8h0.09913−0.038%$2K$450K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09914−0.028%$524K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09924+0.071%$4.6M$49.1M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09924+0.071%$322K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09929+0.126%$317.6M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09930+0.133%$161.3M$443.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09920+0.033%$111.4M$994.1M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.320%$380K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.09918+0.012%$244.7M$133.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09922+0.053%$111.2M$234.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09926+0.093%$65.6M$43.5M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09924+0.073%$76.7Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09919+0.022%$311K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09927+0.100%$1.0M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09915−0.020%$294K$129.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09930+0.132%$625K$4.3M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910−0.068%$144K$284K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09922+0.053%$70K$436K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09918+0.016%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09915−0.015%$35K$2.2M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09927+0.103%$2K$4.0M10x
HTX DOGE-USDT+0.0100%8h0.09927+0.102%$5.9M$57.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09927+0.103%$91.2M$16.5M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09924+0.072%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09921+0.043%$497K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09925+0.086%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0184%1h0.09924+0.068%$593K$118K25xas long as short
Reya DOGERUSDPERPlong+0.0189%1h0.09917long leg$2K20x
01 Exchange DOGEUSD+0.0192%1h0.09930+0.129%$529$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09927+0.103%$15.5M$25.1M75xas long as short
Phoenix DOGE+0.0242%1h0.09903−0.144%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09921+0.039%$310K200xas long as short
Hyperliquid DOGE+0.0267%1h0.09921+0.038%$120.7M$100.5M10xas long as short
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09927+0.103%$2.3M$26.8M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09934+0.174%$108K$191K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09928+0.113%$401K$412K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09940+0.234%$5K$239K12xas long as short