Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against KuCoin0.000%7-day average +0.003% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.012%+$1 · spread now 0.000%, 7d avg +0.003%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DOGEUSDTM	0.09879	0.0100	pay 0.0100% / 8h	7h 35m	$66.2M	$49.3M	75x
Short	OKX DOGE-USDT-SWAP	0.09879	0.0100	get 0.0100% / 8h	7h 35m	$115.4M	$1.18B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.003%: −$0.32
Slippage, 4 orders: −$9.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.16
Costs to cover: 0.318%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	0.51 bp	10.6 bp −$11	19.2 bp −$192	45.4 bp −$4,539	doesn't fit
Sell OKX live order book, 3 min ago	0.51 bp	5.5 bp −$6	6.4 bp −$64	17.0 bp −$1,695	36.8 bp −$18.4K

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
Kraken Futures PF_DOGEUSD	−0.0096%	1h	0.09883	+0.043%	$5.5M	$40.5M	50x	as long as short
Bitget DOGEUSDT	−0.0013%	8h	0.09872	−0.071%	$140.2M	$346.0M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09887	+0.083%	$553K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09876	−0.028%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.590%	$6K	$242K	12x	as long as short
Gate DOGE_USDT	+0.0073%	8h	0.09876	−0.030%	$250.0M	$153.6M	75x	as long as short
Phoenix DOGE	+0.0081%	1h	0.09898	+0.189%	$18K	$386K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0094%	1h	0.09885	+0.057%	$560K	$293K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09886	+0.069%	$825K	$6.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09878	−0.010%	$1K	$544K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado DOGE-PERP	+0.0100%	1h	0.09874	−0.046%	$535K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09883	+0.043%	$123.4M	$116.7M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09877	−0.020%	$4.9M	$58.9M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09878	−0.013%	$321K	$484K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09879	−0.005%	$326.9M	$1.70B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09875	−0.040%	$163.4M	$519.5M	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.09879	0.000%	$115.4M	$1.18B	50x
Arcus DOGE-USD	+0.0100%	1h	0.09877	−0.020%	$16K	$306K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09875	−0.040%	$377K	$2K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09880	+0.010%	$118.0M	$258.8M	300x	as long as short
KuCoin DOGEUSDTMlong	+0.0100%	8h	0.09879	long leg	$66.2M	$49.3M	75x
BingX DOGE-USDT	+0.0100%	8h	0.09878	−0.010%	—	$53.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09881	+0.020%	$301K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09876	−0.032%	$1.1M	$8.5M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09878	−0.010%	$300K	$139.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09877	−0.020%	$621K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09880	+0.010%	$141K	$347K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09877	−0.022%	$257K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09877	−0.020%	$70K	$465K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09878	−0.008%	$18K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09880	+0.008%	$34K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09882	+0.030%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09886	+0.076%	$5.8M	$68.9M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09882	+0.030%	$90.3M	$16.5M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09873	−0.058%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09874	−0.047%	$481K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09878	−0.005%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0202%	1h	0.09879	−0.002%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0208%	1h	0.09886	+0.071%	$1.9M	$34.7M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09884	+0.051%	$15.5M	$26.7M	75x	as long as short
01 Exchange DOGEUSD	+0.0224%	1h	0.09883	+0.045%	$455	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0235% / S −0.0216%	1h	0.09878	−0.013%	$291K	—	200x	as long as short
dYdX DOGE-USD	+0.0597%	1h	0.09877	−0.020%	$231K	$73K	10x	as long as short
RISEx DOGE/USDC	+0.0717%	1h	0.09884	+0.051%	$397K	$448K	10x	as long as short