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: HTX against KuCoin−0.211%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$350.350% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.211%, 7d avg +0.035%

Together, before fees+0.266%+$27 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: HTX is 0.246% cheaper against KuCoin than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DOGEUSDTM	0.09910	0.0100	pay 0.0100% / 8h	5h 04m	$65.5M	$43.4M	75x
Short	HTX DOGE-USDT	0.09889	0.0100	get 0.0100% / 8h	5h 04m	$5.9M	$56.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.211%Rate

Funding earned: $0
Price spread: −0.211% → +0.035%: −$24.6
Slippage, 4 orders: −$11.01
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$59.6
Costs to cover: 0.350%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; HTX: 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 KuCoin live order book, 4 min ago	2.01 bp	9.6 bp −$10	16.6 bp −$166	44.2 bp −$4,417	doesn't fit
Sell HTX live order book, 5 min ago	0.86 bp	7.9 bp −$8	10.6 bp −$106	34.2 bp −$3,424	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	−0.0071%	8h	0.09901	−0.091%	$149.7M	$274.3M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09908	−0.020%	$222K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09902	−0.085%	$428K	$5.2M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09889	−0.209%	$591K	$118K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09887	−0.232%	$23K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.09914	+0.036%	$750K	$6.2M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09909	−0.010%	$895	$444K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09894	−0.156%	$526K	$999K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09904	−0.058%	$4.7M	$48.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09914	+0.038%	$326K	$484K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.09909	−0.013%	$317.0M	$1.45B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09906	−0.040%	$159.6M	$441.4M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09912	+0.020%	$110.1M	$987.2M	50x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09907	−0.030%	$242.4M	$134.1M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09906	−0.040%	$110.1M	$232.3M	300x	as long as short
KuCoin DOGEUSDTMlong	+0.0100%	8h	0.09910	long leg	$65.5M	$43.4M	75x
BingX DOGE-USDC	+0.0100%	8h	0.09904	−0.061%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09900	−0.101%	$322K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09887	−0.236%	$979K	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09916	+0.059%	$294K	$128.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09944	+0.346%	$633K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09940	+0.303%	$145K	$281K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09892	−0.184%	$252K	$749K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09889	−0.212%	$69K	$438K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09888	−0.223%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09892	−0.177%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09891	−0.192%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDTshort	+0.0100%	8h	0.09889	−0.211%	$5.9M	$56.9M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.09903	−0.071%	$91.1M	$16.6M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09900	−0.101%	$379K	$0	10x	as long as short
Paradex DOGE-USD-PERP	+0.0102%	8h	0.09906	−0.043%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09907	−0.031%	$496K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09887	−0.232%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0188%	1h	0.09896	−0.140%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.09914	+0.035%	$528	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09891	−0.192%	$15.5M	$25.0M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09916	+0.060%	$64K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0269%	1h	0.09886	−0.245%	$310K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09911	+0.010%	$2.3M	$26.4M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0309%	1h	0.09893	−0.169%	$5.7M	$35.4M	50x	as long as short
Hyperliquid DOGE	+0.0499%	1h	0.09925	+0.149%	$120.8M	$99.5M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09914	+0.035%	$400K	$391K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.09920	+0.101%	$117K	$189K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.09960	+0.505%	$5K	$239K	12x	as long as short