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 +0.005%

Price spread now: KuCoin against Gate−0.156%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 7 days+0.160%+$16 · spread now −0.156%, 7d avg +0.001%

Together, before fees+0.169%+$17 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: KuCoin is 0.157% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DOGE_USDT	0.1028	0.0100	pay 0.0100% / 8h	3h 57m	$254.6M	$135.7M	75x
Short	KuCoin DOGEUSDTM	0.1026	0.0100	get 0.0100% / 8h	3h 57m	$68.3M	$44.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.156%Rate

Funding earned: $0
Price spread: −0.156% → +0.001%: −$15.7
Slippage, 4 orders: −$14.76
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$57.46
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; KuCoin: 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 Gate live order book, 1 min ago	0.49 bp	12.9 bp −$13	21.2 bp −$212	29.0 bp −$2,902	49.4 bp −$24.7K
Sell KuCoin live order book, 12 min ago	1.48 bp	8.3 bp −$8	14.1 bp −$141	44.8 bp −$4,483	doesn't fit

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	−0.0019%	8h	0.1027	−0.029%	$154.5M	$281.4M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1027	−0.106%	$230K	$48K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1021	−0.645%	$517K	$5.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1020	−0.745%	$24K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.1027	−0.082%	$758K	$6.2M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1027	−0.029%	$1K	$475K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1028	+0.049%	$544K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1027	−0.109%	$4.8M	$51.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1027	−0.077%	$338K	$491K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1028	+0.068%	$339.6M	$1.51B	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.1028	+0.019%	$170.9M	$459.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1028	+0.010%	$118.0M	$1.07B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1005	−2.229%	$386K	$859	10x	as long as short
Gate DOGE_USDTlong	+0.0100%	8h	0.1028	long leg	$254.6M	$135.7M	75x
MEXC DOGE_USDT	+0.0100%	8h	0.1028	0.000%	$115.1M	$236.7M	300x	as long as short
KuCoin DOGEUSDTMshort	+0.0100%	8h	0.1026	−0.156%	$68.3M	$44.8M	75x
BingX DOGE-USDC	+0.0100%	8h	0.1027	−0.039%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1026	−0.156%	$323K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1019	−0.878%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1020	−0.710%	$313K	$132.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1019	−0.812%	$646K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1021	−0.652%	$149K	$293K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1027	−0.019%	$265K	$881K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1024	−0.321%	$72K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1024	−0.344%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1024	−0.387%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1025	−0.224%	$2K	$4.2M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1026	−0.189%	$6.2M	$60.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1024	−0.350%	$94.2M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1028	+0.018%	$18K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1027	−0.023%	$501K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1025	−0.291%	$20K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0191%	1h	0.1028	−0.003%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.1028	+0.054%	$548	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1021	−0.632%	$16.1M	$26.1M	75x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1022	−0.533%	$66K	$292K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0246%	1h	0.1025	−0.299%	$5.8M	$36.1M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0255% / S −0.0292%	1h	0.1020	−0.739%	$336K	—	200x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0297%	1h	0.1025	−0.309%	$613K	$119K	25x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1026	−0.146%	$2.1M	$29.2M	50x	as long as short
Hyperliquid DOGE	+0.0453%	1h	0.1029	+0.117%	$126.0M	$103.4M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1029	+0.156%	$112K	$199K	10x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1029	+0.100%	$417K	$421K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1025	−0.263%	$5K	$239K	12x	as long as short