Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%

Price spread now: BingX against Extended+0.040%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$220.223% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.040%, 7d avg +0.037%

Together, before fees−0.030%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DOGE-USD	0.1004	0.0104	pay 0.0013% / 1h	11m 48s	$554K	$3.6M	50x
Short	BingX DOGE-USDT	0.1004	0.0100	get 0.0100% / 8h	1h 11m	—	$74.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$0.84
Price spread: +0.040% → +0.037%: $0.3
Slippage, 4 orders: −$7.31
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$22.86
Costs to cover: 0.223%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; BingX: 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 Extended live order book, 2 min ago	0.99 bp	5.1 bp −$5	7.4 bp −$74	15.3 bp −$1,531	doesn't fit
Sell BingX live order book, 7 min ago	1.00 bp	6.0 bp −$6	6.0 bp −$60	9.5 bp −$948	24.7 bp −$12.4K

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	−0.0260%	8h	0.1003	−0.059%	$153.3M	$266.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1004	+0.013%	$415K	$4.7M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1004	+0.053%	$608K	$109K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1004	+0.050%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0035%	1h	0.1004	+0.017%	$225K	$44K	10x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1005	+0.139%	$66K	$222K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1004	+0.067%	$791K	$5.4M	15x	as long as short
Katana Perps DOGE-USD	+0.0097%	8h	0.1004	+0.030%	$1K	$371K	10x	as long as short
Gate DOGE_USDT	+0.0097%	8h	0.1004	−0.009%	$241.8M	$124.9M	75x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1005	+0.085%	$572K	$863K	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	0.1003	−0.035%	$4.9M	$44.0M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1004	+0.080%	$335K	$509K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1004	+0.041%	$319.2M	$1.33B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1004	+0.001%	$159.1M	$421.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1004	+0.021%	$109.3M	$933.2M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1005	+0.110%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1006	+0.252%	$386K	$14K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1004	+0.060%	$111.7M	$217.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1003	−0.059%	$66.0M	$41.1M	75x	as long as short
BingX DOGE-USDTshort	+0.0100%	8h	0.1004	+0.040%	—	$74.7M	—
Variational Omni DOGE	+0.0100%	8h	0.1004	+0.053%	$1.0M	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1004	+0.050%	$275K	$116.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1004	+0.060%	$632K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1005	+0.130%	$147K	$245K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1004	+0.021%	$268K	$542K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1004	+0.050%	$73K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1004	+0.029%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1004	+0.038%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1004	+0.001%	$2K	$3.6M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1005	+0.089%	$6.0M	$50.6M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1004	+0.011%	$93.0M	$19.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1004	+0.030%	$18K	$5K	30x	as long as short
Extended DOGE-USDlong	+0.0104%	1h	0.1004	long leg	$554K	$3.6M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.1004	+0.050%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0177%	1h	0.1004	+0.051%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.1005	+0.095%	$530	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1004	+0.060%	$2.0M	$23.7M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1004	−0.009%	$15.3M	$25.0M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0248% / S −0.0216%	1h	0.1004	+0.047%	$351K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0363%	1h	0.1004	+0.008%	$5.9M	$32.8M	50x	as long as short
Backpack DOGE_USDC_PERP	+0.0411%	1h	0.1004	−0.009%	$536K	$956K	15x	as long as short
Hyperliquid DOGE	+0.0487%	1h	0.1004	+0.060%	$114.5M	$84.9M	10x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1005	+0.115%	$315K	$476K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1011	+0.728%	$5K	$239K	12x	as long as short