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 0.000%

Price spread now: Binance against KuCoin+0.039%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.039%, 7d avg +0.011%

Together, before fees−0.032%−$3 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 0.028% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DOGEUSDTM	0.09953	0.0100	pay 0.0100% / 8h	5h 37m	$65.8M	$43.3M	75x
Short	Binance DOGEUSDT	0.09957	0.0100	get 0.0100% / 8h	5h 37m	$318.7M	$1.44B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.039%Rate

Funding earned: $0
Price spread: +0.039% → +0.011%: $2.77
Slippage, 4 orders: −$8.19
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$27.42
Costs to cover: 0.302%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 7 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 KuCoin live order book, 2 min ago	0.50 bp	9.6 bp −$10	14.7 bp −$147	39.9 bp −$3,988	doesn't fit
Sell Binance live order book, 7 min ago	0.50 bp	5.6 bp −$6	8.4 bp −$84	22.9 bp −$2,291	50.6 bp −$25.3K

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	−0.0093%	8h	0.09947	−0.060%	$150.6M	$273.8M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09950	−0.035%	$223K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09966	+0.132%	$442K	$5.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09962	+0.089%	$24K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.09967	+0.137%	$798K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09952	−0.010%	$899	$437K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09972	+0.191%	$531K	$991K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09959	+0.063%	$4.7M	$48.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09952	−0.015%	$327K	$483K	20x	as long as short
Binance DOGEUSDTshort	+0.0100%	8h	0.09957	+0.039%	$318.7M	$1.44B	75x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.09950	−0.030%	$160.4M	$440.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09955	+0.020%	$111.3M	$985.5M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09995	+0.420%	$383K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09960	+0.070%	$243.3M	$132.1M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09954	+0.010%	$112.6M	$230.0M	300x	as long as short
KuCoin DOGEUSDTMlong	+0.0100%	8h	0.09953	long leg	$65.8M	$43.3M	75x
BingX DOGE-USDC	+0.0100%	8h	0.09958	+0.050%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09962	+0.090%	$328K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09971	+0.176%	$997K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09974	+0.210%	$297K	$129.5M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09956	+0.030%	$627K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09970	+0.171%	$145K	$277K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09964	+0.109%	$255K	$731K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09959	+0.060%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09957	+0.044%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09972	+0.188%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09960	+0.070%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09961	+0.085%	$5.9M	$56.5M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09966	+0.131%	$91.8M	$16.7M	50x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0102%	1h	0.09959	+0.063%	$595K	$118K	25x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.09958	+0.052%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09951	−0.022%	$533K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09959	+0.060%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0186%	1h	0.09964	+0.112%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.09961	+0.078%	$531	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09966	+0.131%	$15.6M	$25.1M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09990	+0.369%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0267%	1h	0.09962	+0.090%	$310K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09964	+0.111%	$2.3M	$26.1M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0307%	1h	0.09959	+0.065%	$5.7M	$35.0M	50x	as long as short
Hyperliquid DOGE	+0.0440%	1h	0.09975	+0.218%	$121.8M	$99.6M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09964	+0.115%	$401K	$368K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.09970	+0.171%	$128K	$179K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.1002	+0.673%	$5K	$239K	12x	as long as short