Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: BingX against OKX+0.060%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$240.240% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.067%−$7 · spread now +0.060%, 7d avg +0.001%

Together, before fees−0.051%−$5 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: BingX is 0.058% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DOGE-USDT-SWAP	0.1008	0.0100	pay 0.0100% / 8h	1h 37m	$109.9M	$926.3M	50x
Short	BingX DOGE-USDT	0.1009	0.0100	get 0.0100% / 8h	1h 37m	—	$74.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.060%Rate

Funding earned: $0
Price spread: +0.060% → +0.001%: $5.83
Slippage, 4 orders: −$3.97
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$18.15
Costs to cover: 0.240%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; BingX: live order book, 16 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 OKX live order book, 1 min ago	0.49 bp	5.5 bp −$5	8.0 bp −$80	18.6 bp −$1,865	41.7 bp −$20.8K
Sell BingX live order book, 16 min ago	1.49 bp	6.5 bp −$6	6.6 bp −$66	12.2 bp −$1,216	24.6 bp −$12.3K

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	−0.0270%	8h	0.1008	−0.030%	$154.2M	$264.6M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1014	+0.514%	$429K	$4.6M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1013	+0.417%	$613K	$105K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1015	+0.636%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0010%	1h	0.1009	+0.086%	$227K	$44K	10x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1017	+0.832%	$16K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0088%	8h	0.1008	+0.010%	$242.4M	$122.5M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1009	+0.101%	$789K	$5.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.1009	+0.020%	$2K	$362K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1015	+0.635%	$712K	$779K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.1010	+0.163%	$5.2M	$42.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1009	+0.109%	$338K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1009	+0.082%	$324.8M	$1.30B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1008	−0.010%	$163.3M	$411.2M	75x	as long as short
OKX DOGE-USDT-SWAPlong	+0.0100%	8h	0.1008	long leg	$109.9M	$926.3M	50x
Arcus DOGE-USD	+0.0100%	1h	0.1010	+0.129%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1017	+0.874%	$390K	$17K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1009	+0.040%	$112.0M	$215.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1009	+0.089%	$65.9M	$39.9M	75x	as long as short
BingX DOGE-USDTshort	+0.0100%	8h	0.1009	+0.060%	—	$74.2M	—
Variational Omni DOGE	+0.0100%	8h	0.1017	+0.866%	$954K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1017	+0.847%	$279K	$114.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1016	+0.783%	$647K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1018	+0.952%	$148K	$240K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1015	+0.635%	$273K	$535K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1015	+0.625%	$74K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1015	+0.611%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1014	+0.521%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1013	+0.426%	$2K	$3.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1012	+0.338%	$6.1M	$49.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1012	+0.367%	$93.8M	$19.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1008	+0.003%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1009	+0.038%	$562K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1012	+0.390%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0176%	1h	0.1015	+0.686%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.1015	+0.684%	$536	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1013	+0.476%	$2.1M	$23.5M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1013	+0.426%	$15.2M	$25.0M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0271%	1h	0.1015	+0.639%	$318K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0360%	1h	0.1012	+0.383%	$6.0M	$32.3M	50x	as long as short
Hyperliquid DOGE	+0.0426%	1h	0.1011	+0.210%	$111.5M	$81.8M	10x	as long as short
Backpack DOGE_USDC_PERP	+0.0437%	1h	0.1013	+0.407%	$542K	$940K	15x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1009	+0.109%	$316K	$477K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1022	+1.349%	$5K	$207K	12x	as long as short