Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: SunX against GRVT−0.141%7-day average +0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$580.578% of the position

Long on GRVT Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)+0.231%+$23 · spread now −0.141%, 7d avg +0.062%

Together, before fees+0.251%+ Points / potential airdropGRVT: Active · farm board+$25 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 0.204% cheaper against GRVT than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT DOGE_USDT_Perp	0.1008	0.0100	pay 0.0100% / 8h	1h 34m	$640K	$4.5M	10x
Short	SunX DOGE-USDT	0.1007	0.0100	get 0.0100% / 8h	1h 34m	$36K	$2.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against GRVT. 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 GRVTbpFee SunXbpOrdersPrice spread, now −0.141%Rate

Funding earned: $0
Price spread: −0.141% → +0.062%: −$20.35
Slippage, 4 orders: −$40.77
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$78.12
Costs to cover: 0.578%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; SunX: live order book, 1 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 GRVT live order book, 4 min ago	0.99 bp	7.5 bp −$7	13.1 bp −$131	46.8 bp −$4,683	doesn't fit
Sell SunX live order book, 1 min ago	17.55 bp	23.1 bp −$23	31.6 bp −$316	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	−0.0270%	8h	0.1002	−0.583%	$153.1M	$264.8M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1006	−0.205%	$414K	$4.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1006	−0.168%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0009%	1h	0.1005	−0.305%	$226K	$44K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0068%	1h	0.1006	−0.151%	$609K	$105K	25x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1008	+0.010%	$16K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0087%	8h	0.1003	−0.523%	$241.3M	$122.9M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1006	−0.188%	$786K	$5.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.1006	−0.166%	$2K	$362K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1006	−0.171%	$706K	$782K	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	−0.493%	$5.2M	$42.8M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1006	−0.196%	$337K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1003	−0.464%	$320.1M	$1.31B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1003	−0.503%	$162.3M	$412.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1003	−0.473%	$109.2M	$923.1M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1007	−0.077%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1017	+0.917%	$390K	$17K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1003	−0.464%	$110.8M	$216.1M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1003	−0.483%	$65.5M	$40.1M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1003	−0.473%	—	$74.3M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1007	−0.063%	$994K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1009	+0.113%	$279K	$114.8M	20x	as long as short
GRVT DOGE_USDT_Perplong	+0.0100%	8h	0.1008	long leg	$640K	$4.5M	10x
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1014	+0.598%	$149K	$241K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1006	−0.186%	$271K	$536K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1006	−0.176%	$73K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1006	−0.179%	$25K	$1K	10x	as long as short
SunX DOGE-USDTshort	+0.0100%	8h	0.1007	−0.141%	$36K	$2.2M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.1006	−0.225%	$2K	$3.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1007	−0.143%	$6.0M	$49.5M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1005	−0.255%	$93.1M	$19.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1005	−0.247%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1003	−0.490%	$557K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1006	−0.172%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0176%	1h	0.1007	−0.114%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.1007	−0.119%	$532	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1007	−0.136%	$2.0M	$23.4M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1005	−0.315%	$15.4M	$25.0M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0271%	1h	0.1006	−0.181%	$316K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0362%	1h	0.1005	−0.258%	$5.9M	$32.5M	50x	as long as short
Backpack DOGE_USDC_PERP	+0.0411%	1h	0.1006	−0.235%	$538K	$948K	15x	as long as short
Hyperliquid DOGE	+0.0415%	1h	0.1004	−0.384%	$110.9M	$82.1M	10x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1007	−0.077%	$316K	$477K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1009	+0.102%	$5K	$207K	12x	as long as short