Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.012%

Price spread now: 01 Exchange against Variational Omni−0.372%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. 01 Exchange is 0.372% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.372% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 18 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DOGE	0.09944	0.0100	pay 0.0100% / 8h	2h 05m	$932K	$7.8M	—
Short	01 Exchange DOGEUSD	0.09907	0.0168	get 0.0021% / 1h	5m 35s	$523	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Variational Omni. 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 Variational OmnibpFee 01 ExchangebpOrdersPrice spread, now −0.372%Rate

Funding earned: $14.28
Price spread: −0.372% → 0.000%: −$37.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$29.88
Costs to cover: 0.070%
Break-even: 21.6 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 Variational Omni RFQ quote, 4 min ago	3.53 bp	doesn't fit	9.6 bp −$96	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DOGEUSDT	−0.0278%	8h	0.09896	−0.485%	$151.7M	$261.3M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09905	−0.396%	$367K	$4.4M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09911	−0.338%	$619K	$106K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09904	−0.406%	$32K	—	150x	as long as short
Gate DOGE_USDT	+0.0078%	8h	0.09901	−0.435%	$235.9M	$121.1M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09951	+0.065%	$15K	$225K	10x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.09902	−0.425%	$838	$345K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09914	−0.306%	$751K	$5.2M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09903	−0.420%	$627K	$698K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09908	−0.360%	$4.9M	$40.7M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.09912	−0.324%	$334K	$496K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09907	−0.375%	$313.7M	$1.27B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09903	−0.415%	$158.4M	$399.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09906	−0.385%	$108.5M	$892.3M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09910	−0.344%	$28K	$76K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09911	−0.334%	$109.9M	$221.3M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09908	−0.365%	$64.8M	$39.3M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09904	−0.405%	—	$3.4M	—	as long as short
Variational Omni DOGElong	+0.0100%	8h	0.09944	long leg	$932K	$7.8M	—
edgeX DOGEUSDC	+0.0100%	4h	0.09933	−0.111%	$267K	$112.2M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09924	−0.200%	$629K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09920	−0.244%	$144K	$228K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09901	−0.439%	$270K	$529K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09908	−0.365%	$57K	$396K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09907	−0.376%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09905	−0.399%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09901	−0.435%	$2K	$3.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09908	−0.368%	$5.9M	$47.7M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09902	−0.425%	$91.8M	$19.0M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09947	+0.028%	$381K	$14K	10x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09905	−0.390%	$18K	$5K	30x	as long as short
dYdX DOGE-USD	+0.0101%	1h	0.09907	−0.371%	$222K	$44K	10x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09900	−0.442%	$547K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09906	−0.390%	$19K	—	3x	as long as short
01 Exchange DOGEUSDshort	+0.0168%	1h	0.09907	−0.372%	$523	$4K	10x
Reya DOGERUSDPERP	+0.0175%	1h	0.09902	−0.425%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09919	−0.254%	$15.2M	$23.8M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09910	−0.344%	$2.0M	$22.5M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0244% / S −0.0247%	1h	0.09904	−0.404%	$316K	—	200x	as long as short
Backpack DOGE_USDC_PERP	+0.0254%	1h	0.09904	−0.405%	$523K	$931K	15x	as long as short
Kraken Futures PF_DOGEUSD	+0.0289%	1h	0.09900	−0.440%	$5.9M	$31.9M	50x	as long as short
Hyperliquid DOGE	+0.0408%	1h	0.09918	−0.266%	$109.1M	$79.8M	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09910	−0.344%	$311K	$474K	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.09960	+0.158%	$5K	$180K	12x	as long as short