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: MEXC against KuCoin0.000%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$200.201% of the position

Long on KuCoin Short on MEXC

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+0.004%$0 · spread now 0.000%, 7d avg +0.010%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DOGEUSDTM	0.09935	0.0100	pay 0.0100% / 8h	5h 09m	$65.7M	$43.4M	75x
Short	MEXC DOGE_USDT	0.09935	0.0100	get 0.0100% / 8h	5h 09m	$111.6M	$231.7M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.010%: −$0.98
Slippage, 4 orders: −$8.14
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$21.12
Costs to cover: 0.201%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; MEXC: 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, 10 min ago	1.00 bp	8.5 bp −$8	16.2 bp −$162	41.7 bp −$4,169	doesn't fit
Sell MEXC live order book, 5 min ago	0.50 bp	0.5 bp −$1	2.5 bp −$25	9.7 bp −$975	33.6 bp −$16.8K

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	−0.0074%	8h	0.09926	−0.091%	$150.2M	$274.2M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09933	−0.016%	$223K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09933	−0.024%	$429K	$5.2M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09939	+0.045%	$24K	—	150x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0042%	1h	0.09941	+0.062%	$594K	$118K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09942	+0.066%	$770K	$6.2M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09940	+0.050%	$898	$444K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09941	+0.065%	$533K	$997K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09940	+0.048%	$4.7M	$48.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09940	+0.055%	$327K	$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	0.09932	−0.030%	$317.8M	$1.44B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09929	−0.060%	$159.9M	$441.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09935	0.000%	$110.9M	$987.0M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09966	+0.311%	$382K	$0	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09932	−0.030%	$242.8M	$133.9M	75x	as long as short
MEXC DOGE_USDTshort	+0.0100%	8h	0.09935	0.000%	$111.6M	$231.7M	300x
KuCoin DOGEUSDTMlong	+0.0100%	8h	0.09935	long leg	$65.7M	$43.4M	75x
BingX DOGE-USDT	+0.0100%	8h	0.09936	+0.010%	—	$76.3M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09932	−0.030%	$326K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09931	−0.045%	$982K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09932	−0.033%	$294K	$128.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09939	+0.040%	$627K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09940	+0.050%	$145K	$281K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09936	+0.010%	$251K	$742K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09939	+0.040%	$70K	$438K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09938	+0.032%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09945	+0.096%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09938	+0.030%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09940	+0.054%	$6.0M	$56.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09936	+0.010%	$91.4M	$16.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0102%	8h	0.09937	+0.025%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09937	+0.024%	$499K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09938	+0.029%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0188%	1h	0.09938	+0.035%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.09944	+0.095%	$530	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09939	+0.040%	$15.6M	$25.1M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09962	+0.276%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0269%	1h	0.09941	+0.056%	$311K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09951	+0.161%	$2.3M	$26.5M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0308%	1h	0.09935	−0.004%	$5.7M	$35.3M	50x	as long as short
Hyperliquid DOGE	+0.0514%	1h	0.09944	+0.092%	$121.2M	$99.4M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09945	+0.096%	$402K	$388K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.09951	+0.161%	$128K	$187K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.09960	+0.252%	$5K	$239K	12x	as long as short