Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SoDEX against KuCoin+0.010%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$280.279% of the position

Long on KuCoin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.006%−$1 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.010%, 7d avg +0.004%

Together, before fees−0.005%−$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	0.1003	0.0100	pay 0.0100% / 8h	4h 17m	$66.6M	$43.8M	75x
Short	SoDEX DOGE-USD	0.1003	0.0100	get 0.0013% / 1h	17m 06s	$2K	$4.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.010%Rate

Funding earned: $0
Price spread: +0.010% → +0.004%: $0.58
Slippage, 4 orders: −$7.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$27.31
Costs to cover: 0.279%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; SoDEX: live order book, 2 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	2.51 bp	9.5 bp −$9	17.4 bp −$174	48.0 bp −$4,800	doesn't fit
Sell SoDEX live order book, 2 min ago	0.50 bp	4.6 bp −$5	8.1 bp −$81	141.8 bp −$14.2K	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	−0.0037%	8h	0.1002	−0.070%	$151.5M	$276.8M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0031%	1h	0.1003	+0.016%	$5.7M	$35.7M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1003	−0.023%	$396K	$5.2M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1003	−0.026%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0014%	1h	0.1003	−0.036%	$225K	$49K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1004	+0.055%	$736K	$6.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0097%	8h	0.1003	−0.020%	$1K	$457K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1003	−0.045%	$527K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1003	−0.018%	$4.7M	$49.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1003	+0.018%	$325K	$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	0.1004	+0.050%	$324.8M	$1.47B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1003	−0.010%	$164.2M	$448.3M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1003	−0.010%	$114.0M	$1.02B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1002	−0.114%	$385K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1003	−0.040%	$247.2M	$135.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1003	+0.020%	$112.3M	$235.8M	300x	as long as short
KuCoin DOGEUSDTMlong	+0.0100%	8h	0.1003	long leg	$66.6M	$43.8M	75x
BingX DOGE-USDT	+0.0100%	8h	0.1003	0.000%	—	$77.0M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1003	−0.030%	$322K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09987	−0.442%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09996	−0.348%	$296K	$130.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09995	−0.359%	$629K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1000	−0.309%	$146K	$289K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1002	−0.100%	$259K	$863K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1003	−0.050%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1003	−0.053%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1004	+0.072%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USDshort	+0.0100%	1h	0.1003	+0.010%	$2K	$4.0M	10x
HTX DOGE-USDT	+0.0100%	8h	0.1003	−0.001%	$6.0M	$58.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1003	+0.030%	$92.3M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1003	−0.003%	$18K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1003	−0.041%	$491K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1003	−0.010%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0159%	1h	0.1003	+0.014%	$600K	$119K	25x	as long as short
Reya DOGERUSDPERP	+0.0190%	1h	0.1003	−0.057%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.1004	+0.090%	$535	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1003	+0.040%	$15.9M	$25.5M	75x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1001	−0.254%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0269%	1h	0.1003	−0.007%	$314K	—	200x	as long as short
Hyperliquid DOGE	+0.0265%	1h	0.1004	+0.070%	$122.3M	$101.6M	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0296%	1h	0.1004	+0.050%	$2.3M	$27.5M	50x	as long as short
Arcus DOGE-USD	+0.0690%	1h	0.1005	+0.150%	$110K	$199K	10x	as long as short
RISEx DOGE/USDC	+0.0695%	1h	0.1004	+0.090%	$406K	$413K	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1003	−0.010%	$5K	$239K	12x	as long as short