Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0601%/8h= −65.8% APRpaid last 24h −0.158%

Price spread now: Gate against RISEx+0.016%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on RISEx Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.345%−$34 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.016%, 7d avg −0.065%

Together, before fees−0.402%−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.081% dearer against RISEx than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.065%): +$8 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DOGE/USDC	0.1009	0.0701	pay 0.0088% / 1h	26m 58s	$326K	$480K	10x
Short	Gate DOGE_USDT	0.1009	0.0100	get 0.0100% / 8h	7h 26m	$245.1M	$129.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against RISEx. 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

Position, each leg$Hold fordaysFee RISExbpFee GatebpOrdersPrice spread, now +0.016%Rate

Funding earned: −$126.27
Price spread: +0.016% → −0.065%: $8.15
Slippage, 4 orders: −$12.87
Fee RISEx: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$152
Costs to cover: 0.339%
Break-even: never at this rate

Slippage from RISEx: live order book, 46 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy RISEx live order book, 46 min ago	3.02 bp	6.0 bp −$6	10.4 bp −$104	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	0.50 bp	11.0 bp −$11	16.0 bp −$160	30.1 bp −$3,006	51.2 bp −$25.6K

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDT	−0.0181%	8h	0.1008	−0.043%	$153.2M	$270.8M	75x	as long as short
Phemex DOGEUSDT	−0.0173%	8h	0.1008	−0.103%	$93.0M	$17.8M	50x	as long as short
Kraken Futures PF_DOGEUSD	−0.0077%	1h	0.1007	−0.117%	$6.1M	$33.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1008	−0.050%	$408K	$4.8M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1008	−0.038%	$24K	—	150x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0008%	1h	0.1008	−0.027%	$606K	$121K	25x	as long as short
dYdX DOGE-USD	+0.0017%	1h	0.1007	−0.201%	$226K	$44K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1008	−0.037%	$788K	$5.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1008	−0.053%	$842	$410K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1008	−0.023%	$517K	$971K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.1008	−0.081%	$4.9M	$46.4M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1007	−0.178%	$335K	$516K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1009	+0.062%	$320.9M	$1.40B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1009	+0.036%	$160.1M	$437.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1009	+0.076%	$110.8M	$972.5M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1008	−0.013%	$28K	$82K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1007	−0.159%	$386K	$5K	10x	as long as short
Gate DOGE_USDTshort	+0.0100%	8h	0.1009	+0.016%	$245.1M	$129.4M	75x
MEXC DOGE_USDT	+0.0100%	8h	0.1009	+0.046%	$113.9M	$224.6M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1008	−0.033%	$66.1M	$42.6M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1009	−0.003%	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1008	−0.083%	$365K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1010	+0.145%	$1.0M	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1009	+0.041%	$265K	$123.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1011	+0.215%	$634K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1009	+0.036%	$149K	$268K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1008	−0.053%	$274K	$610K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1008	−0.033%	$73K	$424K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1008	−0.038%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1009	+0.021%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1008	−0.063%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1007	−0.151%	$6.0M	$52.7M	75x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1006	−0.277%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1009	+0.005%	$532K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1008	−0.061%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0182%	1h	0.1008	−0.030%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.1009	+0.039%	$533	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1008	−0.083%	$15.5M	$25.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1009	+0.016%	$2.0M	$25.0M	50x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1010	+0.152%	$66K	$283K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0244% / S −0.0263%	1h	0.1008	−0.049%	$311K	—	200x	as long as short
RISEx DOGE/USDClong	+0.0701%	1h	0.1009	long leg	$326K	$480K	10x
Hyperliquid DOGE	+0.0837%	1h	0.1009	+0.030%	$122.8M	$94.7M	10x	as long as short
Injective DOGE/USDC PERP	+0.0973%	1h	0.1011	+0.235%	$5K	$239K	12x	as long as short