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: SunX against Gate−0.092%7-day average +0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$690.688% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.092%, 7d avg +0.058%

Together, before fees+0.222%+$22 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 0.150% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DOGE_USDT	0.1009	0.0100	pay 0.0100% / 8h	7h 16m	$246.1M	$130.3M	75x
Short	SunX DOGE-USDT	0.1008	0.0100	get 0.0100% / 8h	7h 16m	$36K	$2.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.092%Rate

Funding earned: $0
Price spread: −0.092% → +0.058%: −$15
Slippage, 4 orders: −$45.75
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$83.75
Costs to cover: 0.688%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; SunX: live order book, 9 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, 2 min ago	0.50 bp	10.8 bp −$11	21.6 bp −$216	34.1 bp −$3,414	55.8 bp −$27.9K
Sell SunX live order book, 9 min ago	17.83 bp	24.3 bp −$24	32.4 bp −$324	doesn't fit	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	−0.0172%	8h	0.1008	−0.069%	$153.4M	$271.4M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0077%	1h	0.1008	−0.096%	$6.1M	$33.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1008	−0.074%	$418K	$4.8M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1007	−0.200%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0013%	1h	0.1009	+0.006%	$227K	$44K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0018%	1h	0.1008	−0.114%	$606K	$121K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.1011	+0.140%	$789K	$5.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1008	−0.099%	$1K	$418K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1008	−0.154%	$516K	$973K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1010	+0.069%	$5.0M	$46.5M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.1010	+0.087%	$337K	$511K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1010	+0.092%	$321.4M	$1.40B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1010	+0.109%	$160.5M	$438.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1010	+0.099%	$111.6M	$974.6M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1009	0.000%	$28K	$82K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1003	−0.596%	$384K	$5K	10x	as long as short
Gate DOGE_USDTlong	+0.0100%	8h	0.1009	long leg	$246.1M	$130.3M	75x
MEXC DOGE_USDT	+0.0100%	8h	0.1010	+0.059%	$113.1M	$225.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1010	+0.059%	$66.2M	$42.5M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1010	+0.050%	—	$76.1M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1009	0.000%	$365K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1004	−0.467%	$989K	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1005	−0.409%	$266K	$124.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1005	−0.435%	$630K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1004	−0.515%	$148K	$268K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1008	−0.119%	$268K	$635K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1008	−0.129%	$73K	$424K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1008	−0.139%	$25K	$1K	10x	as long as short
SunX DOGE-USDTshort	+0.0100%	8h	0.1008	−0.092%	$36K	$2.2M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.1008	−0.109%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1008	−0.124%	$6.0M	$52.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1008	−0.069%	$93.1M	$17.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1008	−0.168%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1010	+0.043%	$531K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1009	−0.064%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0176%	1h	0.1008	−0.095%	$532	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0182%	1h	0.1007	−0.180%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1008	−0.069%	$15.5M	$25.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1009	−0.050%	$2.0M	$25.1M	50x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1008	−0.076%	$65K	$283K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0272%	1h	0.1007	−0.225%	$316K	—	200x	as long as short
RISEx DOGE/USDC	+0.0701%	1h	0.1009	−0.025%	$326K	$404K	10x	as long as short
Hyperliquid DOGE	+0.0802%	1h	0.1011	+0.129%	$123.0M	$95.3M	10x	as long as short
Injective DOGE/USDC PERP	+0.0973%	1h	0.1007	−0.218%	$5K	$239K	12x	as long as short