Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Binance−0.025%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$230.233% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days+0.025%+$3 · spread now −0.025%, 7d avg −0.007%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGEUSDT	0.09975	0.0100	pay 0.0100% / 8h	41m 53s	$329.3M	$1.72B	75x
Short	OKX DOGE-USDT-SWAP	0.09972	0.0100	get 0.0100% / 8h	41m 53s	$116.2M	$1.21B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → −0.007%: −$1.8
Slippage, 4 orders: −$3.28
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.08
Costs to cover: 0.233%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; OKX: 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 Binance live order book, 2 min ago	0.50 bp	6.4 bp −$6	9.2 bp −$92	23.7 bp −$2,366	52.7 bp −$26.4K
Sell OKX live order book, 2 min ago	0.50 bp	5.6 bp −$6	7.7 bp −$77	18.3 bp −$1,833	39.4 bp −$19.7K

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
Kraken Futures PF_DOGEUSD	−0.0060%	1h	0.09977	+0.025%	$5.6M	$40.7M	50x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09977	+0.025%	$224K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09963	−0.115%	$594K	$6.5M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09976	+0.015%	$35K	—	150x	as long as short
Bitget DOGEUSDT	+0.0023%	8h	0.09964	−0.105%	$140.9M	$345.8M	75x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.569%	$6K	$242K	12x	as long as short
Polymarket Perps DOGE-USD	+0.0060%	1h	0.09976	+0.017%	$260K	$1.2M	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0081%	1h	0.09980	+0.057%	$572K	$252K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09984	+0.095%	$838K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09975	+0.005%	$538K	$1.1M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid DOGE	+0.0100%	1h	0.09981	+0.068%	$124.2M	$117.2M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09975	0.000%	$4.5M	$59.0M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09978	+0.034%	$320K	$503K	20x	as long as short
Binance DOGEUSDTlong	+0.0100%	8h	0.09975	long leg	$329.3M	$1.72B	75x
Bybit DOGEUSDT	+0.0100%	8h	0.09968	−0.065%	$165.3M	$524.2M	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.09972	−0.025%	$116.2M	$1.21B	50x
Arcus DOGE-USD	+0.0100%	1h	0.09975	+0.005%	$17K	$308K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09921	−0.535%	$381K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09971	−0.035%	$250.1M	$156.1M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09969	−0.055%	$117.5M	$258.1M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09973	−0.015%	$66.5M	$49.9M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09972	−0.025%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09976	+0.015%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09984	+0.091%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09991	+0.170%	$304K	$140.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09982	+0.071%	$629K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09980	+0.055%	$146K	$342K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09977	+0.025%	$71K	$472K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09972	−0.023%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09985	+0.105%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09975	+0.005%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09980	+0.054%	$5.9M	$68.9M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09976	+0.015%	$91.3M	$16.8M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09976	+0.010%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09966	−0.087%	$488K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09978	+0.035%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0107%	8h	0.09971	−0.035%	$833	$539K	10x	as long as short
Phoenix DOGE	+0.0160%	1h	0.09983	+0.087%	$18K	$382K	10x	as long as short
Reya DOGERUSDPERP	+0.0199%	1h	0.09978	+0.037%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.09988	+0.135%	$1.9M	$34.9M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09963	−0.115%	$15.5M	$27.0M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.09977	+0.029%	$314K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0272%	1h	0.09981	+0.063%	$444	$4K	10x	as long as short
RISEx DOGE/USDC	+0.0731%	1h	0.09989	+0.145%	$407K	$462K	10x	as long as short