Why DOGE gaps run wider
Dogecoin moves in bursts: a single social media post can add twenty percent in an hour. Exchanges diverge more than usual at those moments — each has its own order flow, and a demand spike on one venue does not spread to the others instantly.
Liquidity is high, so the gaps do not last. But they turn up regularly rather than once a week as on bitcoin.
The network is slower than it looks
Dogecoin's own chain produces a block roughly once a minute — faster than bitcoin, but well behind Solana or Tron. Exchanges usually require several confirmations, so a deposit lands in minutes rather than seconds.
For arbitrage that means the same as on bitcoin: you cannot count on transferring while a route is open. Only pre-funded balances on both venues work.
Wrapped versions of DOGE exist on other networks and move faster, but they are a different asset with their own risks, and not every exchange accepts them.
Withdrawal fees weigh more than they appear
The coin is cheap, and a flat withdrawal fee easily erases the point of a small route. Judge the fee in dollars against your size rather than as a percentage of the coin price — and check it per exchange, because the spread between them is wide.
What to keep in mind
During a sharp move, the price in the book and the price your order gets are different things. DOGE is where a "route" most often turns out to have existed only at the moment the data was sampled. Watch the size resting in the book, not just the percentage.
