Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit−0.151%7-day average +0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$590.594% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.151%, 7d avg +0.048%

Together, before fees+0.298%+$30 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: SunX is 0.199% cheaper against Bybit than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DOGEUSDT	0.09887	0.0100	pay 0.0100% / 8h	7h 58m	$163.4M	$526.0M	75x
Short	SunX DOGE-USDT	0.09872	0.0100	get 0.0100% / 8h	7h 58m	$35K	$2.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now −0.151%Rate

Funding earned: $0
Price spread: −0.151% → +0.048%: −$19.87
Slippage, 4 orders: −$40.38
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$79.25
Costs to cover: 0.594%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; SunX: live order book, 7 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 Bybit live order book, 5 min ago	0.51 bp	7.2 bp −$7	10.0 bp −$100	20.7 bp −$2,073	42.7 bp −$21.3K
Sell SunX live order book, 7 min ago	16.87 bp	24.6 bp −$25	33.0 bp −$330	doesn't fit	doesn't fit

DOGE on 43 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	−0.0097%	1h	0.09863	−0.239%	$5.5M	$40.8M	50x	as long as short
Bitget DOGEUSDT	−0.0005%	8h	0.09875	−0.121%	$140.1M	$348.1M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09878	−0.096%	$578K	$6.6M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09864	−0.235%	$551K	$280K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09861	−0.259%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.503%	$6K	$242K	12x	as long as short
dYdX DOGE-USD	+0.0036%	1h	0.09884	−0.034%	$222K	$63K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09882	−0.054%	$824K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09866	−0.207%	$534K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09884	−0.028%	$123.1M	$117.2M	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09883	−0.045%	$4.9M	$59.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09884	−0.027%	$321K	$506K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09884	−0.031%	$326.8M	$1.73B	75x	as long as short
Bybit DOGEUSDTlong	+0.0100%	8h	0.09887	long leg	$163.4M	$526.0M	75x
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09893	+0.061%	$114.8M	$1.20B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09864	−0.233%	$16K	$306K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09910	+0.233%	$378K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09879	−0.081%	$250.0M	$152.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09884	−0.030%	$116.1M	$257.1M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09881	−0.061%	$66.3M	$50.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09878	−0.091%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09875	−0.121%	$301K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09877	−0.099%	$1.0M	$8.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09883	−0.036%	$300K	$139.5M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09885	−0.019%	$626K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09880	−0.071%	$141K	$346K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09867	−0.197%	$257K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09863	−0.243%	$70K	$478K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09861	−0.266%	$18K	$7K	10x	as long as short
SunX DOGE-USDTshort	+0.0100%	8h	0.09872	−0.151%	$35K	$2.3M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.09864	−0.233%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09866	−0.217%	$5.8M	$69.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09871	−0.162%	$90.3M	$16.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09876	−0.108%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09879	−0.085%	$483K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09863	−0.245%	$19K	—	3x	as long as short
Phoenix DOGE	+0.0160%	1h	0.09888	+0.009%	$18K	$382K	10x	as long as short
Reya DOGERUSDPERP	+0.0201%	1h	0.09859	−0.283%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0208%	1h	0.09867	−0.202%	$1.9M	$34.8M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09872	−0.152%	$15.4M	$26.7M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0235% / S −0.0245%	1h	0.09864	−0.238%	$275K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0280%	1h	0.09874	−0.132%	$439	$4K	10x	as long as short
RISEx DOGE/USDC	+0.0717%	1h	0.09871	−0.161%	$397K	$456K	10x	as long as short