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 0.000%

Price spread now: BingX against HTX−0.151%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on HTX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 3 days (all we have)+0.181%+$18 · spread now −0.151%, 7d avg −0.031%

Together, before fees+0.139%+$14 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: BingX is 0.119% cheaper against HTX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DOGE-USDT	0.09896	0.0100	pay 0.0100% / 8h	2h 51m	$6.0M	$46.1M	75x
Short	BingX DOGE-USDT	0.09881	0.0100	get 0.0100% / 8h	2h 51m	—	$73.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.151%Rate

Funding earned: $0
Price spread: −0.151% → −0.031%: −$11.93
Slippage, 4 orders: −$5.17
Fee HTX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$39.1
Costs to cover: 0.272%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; BingX: live order book, 2 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, 3 min ago	1.21 bp	7.3 bp −$7	10.5 bp −$105	47.3 bp −$4,734	doesn't fit
Sell BingX live order book, 2 min ago	1.00 bp	6.0 bp −$6	8.3 bp −$83	15.0 bp −$1,495	37.0 bp −$18.5K

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	−0.0277%	8h	0.09868	−0.282%	$151.5M	$259.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09896	−0.003%	$335K	$4.2M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09899	+0.034%	$619K	$88K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09894	−0.016%	$32K	—	150x	as long as short
Gate DOGE_USDT	+0.0063%	8h	0.09875	−0.211%	$234.9M	$118.1M	75x	as long as short
dYdX DOGE-USD	+0.0073%	1h	0.09886	−0.100%	$222K	$44K	10x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09967	+0.716%	$17K	$225K	10x	as long as short
Katana Perps DOGE-USD	+0.0095%	8h	0.09879	−0.171%	$2K	$335K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09889	−0.065%	$797K	$5.0M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09889	−0.070%	$627K	$694K	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	0.09884	−0.120%	$4.8M	$40.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09885	−0.115%	$339K	$524K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09884	−0.120%	$317.0M	$1.25B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09880	−0.161%	$154.4M	$393.2M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09884	−0.120%	$107.5M	$882.8M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09888	−0.080%	$28K	$75K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09895	−0.009%	$379K	$19K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09883	−0.130%	$110.7M	$201.6M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09881	−0.151%	$65.2M	$38.7M	75x	as long as short
BingX DOGE-USDTshort	+0.0100%	8h	0.09881	−0.151%	—	$73.1M	—
Variational Omni DOGE	+0.0100%	8h	0.1000	+1.056%	$1.1M	$7.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09990	+0.956%	$265K	$109.7M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09992	+0.975%	$631K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09980	+0.850%	$142K	$221K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09886	−0.103%	$275K	$546K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09895	−0.009%	$72K	$359K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09895	−0.004%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09901	+0.055%	$35K	$2.1M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09897	+0.011%	$2K	$3.3M	10x	as long as short
HTX DOGE-USDTlong	+0.0100%	8h	0.09896	long leg	$6.0M	$46.1M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.09895	−0.009%	$91.9M	$18.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09882	−0.140%	$19K	$3K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09879	−0.169%	$541K	$3.5M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09876	−0.205%	$19K	—	3x	as long as short
Backpack DOGE_USDC_PERP	+0.0118%	1h	0.09900	+0.041%	$522K	$803K	15x	as long as short
Reya DOGERUSDPERP	+0.0173%	1h	0.09891	−0.048%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09934	+0.385%	$15.3M	$23.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09902	+0.062%	$2.0M	$22.1M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0243% / S −0.0211%	1h	0.09896	+0.004%	$334K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0289%	1h	0.09899	+0.030%	$6.8M	$30.3M	50x	as long as short
01 Exchange DOGEUSD	+0.0480%	1h	0.09880	−0.159%	$522	$4K	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09887	−0.091%	$311K	$469K	10x	as long as short
Hyperliquid DOGE	+0.0628%	1h	0.09897	+0.007%	$112.4M	$75.7M	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.09990	+0.951%	$5K	$153K	12x	as long as short