Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against ApeX Omni−0.533%7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$570.574% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 3 days (all we have)+0.195%+$19 · spread now −0.533%, 7d avg −0.075%

Together, before fees+0.155%+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.457% cheaper against ApeX Omni than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of −0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DOGEUSDT	0.1014	0.0100	pay 0.0013% / 1h	37m 31s	$149K	$241K	25x
Short	BingX DOGE-USDC	0.1009	0.0100	get 0.0100% / 8h	1h 37m	—	$3.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX 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 ApeX OmnibpFee BingXbpOrdersPrice spread, now −0.533%Rate

Funding earned: $0
Price spread: −0.533% → −0.075%: −$45.75
Slippage, 4 orders: −$37.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$103.18
Costs to cover: 0.574%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 44 min ago; BingX: live order book, 12 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 ApeX Omni live order book, 44 min ago	5.01 bp	24.2 bp −$24	65.5 bp −$655	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	1.00 bp	7.9 bp −$8	14.9 bp −$149	35.1 bp −$3,511	105.4 bp −$52.7K

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	−0.0270%	8h	0.1007	−0.710%	$154.0M	$264.6M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1014	−0.041%	$429K	$4.6M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1013	−0.137%	$613K	$105K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1015	+0.080%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0010%	1h	0.1009	−0.467%	$227K	$44K	10x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1017	+0.275%	$16K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0088%	8h	0.1008	−0.542%	$242.4M	$122.5M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1009	−0.452%	$789K	$5.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.1009	−0.533%	$2K	$362K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1007	−0.646%	$706K	$782K	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	0.1010	−0.439%	$5.2M	$42.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1009	−0.444%	$338K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1008	−0.600%	$324.4M	$1.30B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1008	−0.641%	$163.2M	$411.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1008	−0.602%	$109.9M	$926.1M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1010	−0.424%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1017	+0.317%	$390K	$17K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1009	−0.513%	$112.0M	$215.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1009	−0.464%	$65.9M	$39.9M	75x	as long as short
BingX DOGE-USDCshort	+0.0100%	8h	0.1009	−0.533%	—	$3.4M	—
Variational Omni DOGE	+0.0100%	8h	0.1017	+0.309%	$954K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1016	+0.154%	$278K	$114.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1014	+0.019%	$645K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDTlong	+0.0100%	1h	0.1014	long leg	$149K	$241K	25x
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1007	−0.680%	$272K	$535K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1015	+0.069%	$74K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1015	+0.056%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1014	−0.035%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1013	−0.128%	$2K	$3.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1012	−0.216%	$6.1M	$49.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1012	−0.187%	$93.8M	$19.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1008	−0.549%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1009	−0.515%	$562K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1012	−0.165%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0176%	1h	0.1007	−0.685%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.1009	−0.472%	$533	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1013	−0.079%	$2.1M	$23.5M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1013	−0.128%	$15.2M	$25.0M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0271%	1h	0.1015	+0.083%	$318K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0360%	1h	0.1012	−0.171%	$6.0M	$32.3M	50x	as long as short
Hyperliquid DOGE	+0.0419%	1h	0.1009	−0.533%	$111.3M	$81.9M	10x	as long as short
Backpack DOGE_USDC_PERP	+0.0437%	1h	0.1013	−0.148%	$542K	$940K	15x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1009	−0.444%	$316K	$477K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1022	+0.789%	$5K	$207K	12x	as long as short