Funding arb · Price arb /

DOGE

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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 0.000%

Price spread now: KuCoin against HTX+0.004%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.004%, 7d avg −0.037%

Together, before fees−0.101%−$10 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 0.041% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DOGE-USDT	0.1010	0.0100	pay 0.0100% / 8h	7h 08m	$6.0M	$52.9M	75x
Short	KuCoin DOGEUSDTM	0.1010	0.0100	get 0.0100% / 8h	7h 08m	$66.2M	$42.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → −0.037%: $4.1
Slippage, 4 orders: −$16.29
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$36.19
Costs to cover: 0.403%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago	3.45 bp	9.5 bp −$10	15.3 bp −$153	47.4 bp −$4,737	doesn't fit
Sell KuCoin live order book, 5 min ago	0.99 bp	8.9 bp −$9	16.6 bp −$166	45.2 bp −$4,519	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	−0.0166%	8h	0.1009	−0.075%	$153.3M	$271.5M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0077%	1h	0.1010	−0.033%	$6.1M	$33.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1011	+0.122%	$416K	$4.9M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1011	+0.043%	$608K	$119K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1011	+0.041%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0011%	1h	0.1011	+0.052%	$227K	$44K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1011	+0.057%	$798K	$5.9M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1011	+0.113%	$2K	$421K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1012	+0.143%	$519K	$972K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1010	−0.006%	$5.1M	$46.7M	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	0.1011	+0.109%	$337K	$512K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1010	+0.012%	$321.3M	$1.40B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1010	+0.014%	$161.0M	$438.8M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1010	+0.014%	$111.7M	$974.8M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1012	+0.182%	$28K	$74K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1003	−0.690%	$384K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1009	−0.065%	$245.6M	$131.3M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1010	−0.006%	$113.8M	$226.2M	300x	as long as short
KuCoin DOGEUSDTMshort	+0.0100%	8h	0.1010	+0.004%	$66.2M	$42.4M	75x
BingX DOGE-USDC	+0.0100%	8h	0.1010	+0.004%	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1010	+0.014%	$366K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1009	−0.126%	$996K	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1009	−0.071%	$270K	$124.7M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1012	+0.152%	$644K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1010	−0.016%	$148K	$268K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1011	+0.073%	$268K	$634K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1011	+0.034%	$74K	$426K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1010	+0.018%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1011	+0.069%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1010	+0.004%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDTlong	+0.0100%	8h	0.1010	long leg	$6.0M	$52.9M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.1010	−0.036%	$93.2M	$18.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1011	+0.131%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1010	−0.023%	$534K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1010	+0.026%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0176%	1h	0.1011	+0.117%	$534	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0182%	1h	0.1011	+0.072%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1011	+0.034%	$15.5M	$25.8M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1011	+0.063%	$2.1M	$25.3M	50x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1013	+0.255%	$66K	$283K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0271%	1h	0.1011	+0.045%	$318K	—	200x	as long as short
RISEx DOGE/USDC	+0.0701%	1h	0.1012	+0.182%	$327K	$404K	10x	as long as short
Hyperliquid DOGE	+0.0772%	1h	0.1012	+0.143%	$123.4M	$95.5M	10x	as long as short
Injective DOGE/USDC PERP	+0.0973%	1h	0.1013	+0.281%	$5K	$239K	12x	as long as short