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 −0.001%

Price spread now: Binance against HTX−0.398%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 3 days (all we have)+0.429%+$43 · spread now −0.398%, 7d avg −0.021%

Together, before fees+0.372%+$37 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: Binance is 0.377% cheaper against HTX than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DOGE-USDT	0.09931	0.0100	pay 0.0100% / 8h	2h 52m	$6.0M	$46.0M	75x
Short	Binance DOGEUSDT	0.09892	0.0100	get 0.0100% / 8h	2h 52m	$317.2M	$1.25B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now −0.398%Rate

Funding earned: $0
Price spread: −0.398% → −0.021%: −$37.71
Slippage, 4 orders: −$5.14
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$64.85
Costs to cover: 0.271%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; Binance: live order book, 6 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 HTX live order book, 1 min ago	1.21 bp	7.3 bp −$7	10.5 bp −$105	47.3 bp −$4,734	doesn't fit
Sell Binance live order book, 6 min ago	0.50 bp	6.1 bp −$6	7.7 bp −$77	18.2 bp −$1,818	43.6 bp −$21.8K

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	−0.0276%	8h	0.09890	−0.417%	$151.8M	$259.6M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09957	+0.255%	$337K	$4.2M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09938	+0.064%	$621K	$88K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09941	+0.094%	$33K	—	150x	as long as short
Gate DOGE_USDT	+0.0064%	8h	0.09895	−0.367%	$235.3M	$118.0M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09967	+0.356%	$17K	$225K	10x	as long as short
dYdX DOGE-USD	+0.0083%	1h	0.09886	−0.457%	$222K	$44K	10x	as long as short
Katana Perps DOGE-USD	+0.0094%	8h	0.09948	+0.167%	$851	$333K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09894	−0.376%	$799K	$5.0M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09949	+0.177%	$710K	$652K	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	0.09907	−0.250%	$4.8M	$40.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09945	+0.138%	$341K	$524K	20x	as long as short
Binance DOGEUSDTshort	+0.0100%	8h	0.09892	−0.398%	$317.2M	$1.25B	75x
Bybit DOGEUSDT	+0.0100%	8h	0.09885	−0.467%	$154.6M	$393.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09887	−0.447%	$107.6M	$883.0M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09963	+0.318%	$28K	$75K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1002	+0.892%	$384K	$19K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09898	−0.336%	$111.5M	$201.5M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09912	−0.195%	$65.3M	$38.6M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09895	−0.367%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1000	+0.695%	$1.1M	$7.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09990	+0.595%	$265K	$109.7M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09992	+0.614%	$631K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09980	+0.489%	$142K	$221K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09945	+0.140%	$276K	$546K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09936	+0.046%	$73K	$359K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09935	+0.033%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09939	+0.080%	$35K	$2.1M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09932	+0.006%	$2K	$3.3M	10x	as long as short
HTX DOGE-USDTlong	+0.0100%	8h	0.09931	long leg	$6.0M	$46.0M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.09927	−0.044%	$92.2M	$18.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09950	+0.183%	$19K	$3K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09905	−0.265%	$540K	$3.5M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09921	−0.100%	$19K	—	3x	as long as short
Backpack DOGE_USDC_PERP	+0.0148%	1h	0.09929	−0.024%	$523K	$801K	15x	as long as short
Reya DOGERUSDPERP	+0.0173%	1h	0.09952	+0.203%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09934	+0.026%	$15.3M	$23.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09933	+0.016%	$2.0M	$22.1M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0243% / S −0.0212%	1h	0.09940	+0.090%	$336K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0288%	1h	0.09928	−0.038%	$6.8M	$30.3M	50x	as long as short
01 Exchange DOGEUSD	+0.0416%	1h	0.09990	+0.595%	$527	$4K	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09963	+0.318%	$314K	$470K	10x	as long as short
Hyperliquid DOGE	+0.0654%	1h	0.09907	−0.242%	$113.1M	$75.1M	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.09990	+0.590%	$5K	$153K	12x	as long as short