Funding arb · Price arb /

DOGE

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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: Pacifica against MEXC−0.045%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

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

costs, in and out, $10k−$210.207% of the position

Long on MEXC Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.045%, 7d avg +0.017%

Together, before fees+0.205%+ Points / potential airdropPacifica: Active · farm board+$20 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: Pacifica is 0.062% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGE_USDT	0.1019	0.0100	pay 0.0100% / 8h	4h 01m	$116.5M	$237.8M	300x
Short	Pacifica DOGE	0.1019	0.0100	get 0.0013% / 1h	1m 44s	$330K	$484K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → +0.017%: −$6.19
Slippage, 4 orders: −$12.72
Fee MEXC: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$26.91
Costs to cover: 0.207%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Pacifica: live order book, 57 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	0.50 bp	0.5 bp $0	2.5 bp −$25	12.9 bp −$1,293	43.9 bp −$22.0K
Sell Pacifica live order book, 57 min ago	4.55 bp	9.7 bp −$10	doesn't fit	doesn't fit	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
Kraken Futures PF_DOGEUSD	−0.0031%	1h	0.1014	−0.507%	$5.7M	$35.8M	50x	as long as short
Bitget DOGEUSDT	−0.0023%	8h	0.1019	−0.020%	$153.7M	$279.1M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1015	−0.443%	$480K	$5.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1013	−0.581%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0010%	1h	0.1020	+0.020%	$229K	$48K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1018	−0.108%	$750K	$6.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1019	−0.059%	$922	$470K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1014	−0.549%	$533K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1015	−0.445%	$4.7M	$50.5M	75x	as long as short
Pacifica DOGEshort	+0.0100%	1h	0.1019	−0.045%	$330K	$484K	20x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1019	−0.048%	$332.8M	$1.49B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1020	+0.088%	$168.1M	$455.0M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1020	+0.059%	$116.8M	$1.05B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1005	−1.433%	$386K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1019	0.000%	$250.9M	$136.8M	75x	as long as short
MEXC DOGE_USDTlong	+0.0100%	8h	0.1019	long leg	$116.5M	$237.8M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.1017	−0.196%	$68.0M	$44.5M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1020	+0.078%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1014	−0.549%	$322K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1006	−1.297%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1005	−1.433%	$305K	$131.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1009	−1.049%	$638K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1005	−1.413%	$147K	$292K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1013	−0.628%	$262K	$877K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1014	−0.510%	$71K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1014	−0.529%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1015	−0.458%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1014	−0.490%	$2K	$4.1M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1014	−0.565%	$6.1M	$59.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1014	−0.520%	$93.2M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1017	−0.213%	$18K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1020	+0.045%	$500K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1014	−0.511%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0190%	1h	0.1014	−0.567%	$2K	—	20x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0214%	1h	0.1015	−0.479%	$607K	$119K	25x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1011	−0.844%	$16.0M	$25.7M	75x	as long as short
01 Exchange DOGEUSD	+0.0224%	1h	0.1020	+0.091%	$544	$4K	10x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1006	−1.334%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0267%	1h	0.1013	−0.589%	$315K	—	200x	as long as short
Hyperliquid DOGE	+0.0271%	1h	0.1018	−0.147%	$124.7M	$102.7M	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0296%	1h	0.1015	−0.461%	$2.1M	$28.5M	50x	as long as short
Arcus DOGE-USD	+0.0690%	1h	0.1021	+0.147%	$111K	$199K	10x	as long as short
RISEx DOGE/USDC	+0.0695%	1h	0.1020	+0.069%	$413K	$416K	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1015	−0.432%	$5K	$239K	12x	as long as short