Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.005%

Price spread now: Extended against MEXC−0.036%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$110.110% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.036%, 7d avg −0.048%

Together, before fees+0.067%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGE_USDT	0.09915	0.0100	pay 0.0100% / 8h	2h 27m	$112.8M	$217.9M	300x
Short	Extended DOGE-USD	0.09911	0.0104	get 0.0013% / 1h	27m 06s	$547K	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0.84
Price spread: −0.036% → −0.048%: $1.15
Slippage, 4 orders: −$5.98
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$8.99
Costs to cover: 0.110%
Break-even: 81.9 days

Slippage from MEXC: live order book, 2 min ago; Extended: 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 MEXC live order book, 2 min ago	0.51 bp	0.5 bp −$1	3.1 bp −$31	10.6 bp −$1,063	38.4 bp −$19.2K
Sell Extended live order book, 2 min ago	0.51 bp	4.7 bp −$5	5.7 bp −$57	14.1 bp −$1,409	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	−0.0280%	8h	0.09906	−0.091%	$152.4M	$260.3M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09907	−0.080%	$360K	$4.3M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09918	+0.027%	$620K	$103K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09912	−0.030%	$32K	—	150x	as long as short
Gate DOGE_USDT	+0.0066%	8h	0.09908	−0.071%	$235.6M	$119.6M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09864	−0.518%	$15K	$225K	10x	as long as short
Katana Perps DOGE-USD	+0.0095%	8h	0.09902	−0.131%	$827	$337K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09915	+0.005%	$786K	$5.1M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09899	−0.161%	$628K	$695K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09914	−0.010%	$4.8M	$40.4M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.09902	−0.128%	$335K	$494K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09914	−0.010%	$314.5M	$1.26B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09909	−0.061%	$157.2M	$397.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09916	+0.010%	$108.4M	$887.4M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09909	−0.061%	$28K	$75K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09838	−0.777%	$377K	$19K	10x	as long as short
MEXC DOGE_USDTlong	+0.0100%	8h	0.09915	long leg	$112.8M	$217.9M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.09913	−0.020%	$65.0M	$39.0M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09914	−0.010%	—	$73.3M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09851	−0.645%	$915K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09849	−0.663%	$262K	$112.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09857	−0.585%	$627K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09850	−0.656%	$140K	$223K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09901	−0.138%	$272K	$527K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09915	0.000%	$57K	$397K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09914	−0.006%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09919	+0.039%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09916	+0.010%	$2K	$3.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09912	−0.032%	$6.0M	$46.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09913	−0.020%	$92.0M	$19.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09905	−0.105%	$18K	$5K	30x	as long as short
Extended DOGE-USDshort	+0.0104%	1h	0.09911	−0.036%	$547K	$3.6M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.09915	+0.002%	$19K	—	3x	as long as short
dYdX DOGE-USD	+0.0107%	1h	0.09896	−0.191%	$222K	$44K	10x	as long as short
Reya DOGERUSDPERP	+0.0174%	1h	0.09905	−0.106%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.09906	−0.089%	$523	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09912	−0.030%	$15.1M	$23.8M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09915	0.000%	$2.0M	$22.3M	50x	as long as short
Backpack DOGE_USDC_PERP	+0.0226%	1h	0.09921	+0.061%	$524K	$930K	15x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0243% / S −0.0263%	1h	0.09910	−0.048%	$305K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0289%	1h	0.09913	−0.018%	$5.9M	$31.6M	50x	as long as short
Hyperliquid DOGE	+0.0429%	1h	0.09924	+0.086%	$109.7M	$78.9M	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09912	−0.030%	$311K	$472K	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.09920	+0.050%	$5K	$180K	12x	as long as short