Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against OKX+0.010%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$120.120% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days+0.010%+$1 · spread now +0.010%, 7d avg +0.007%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DOGE-USDT-SWAP	0.09907	0.0100	pay 0.0100% / 8h	4h 44m	$110.9M	$990.0M	50x
Short	MEXC DOGE_USDT	0.09908	0.0100	get 0.0100% / 8h	4h 44m	$111.3M	$234.0M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.010%Rate

Funding earned: $0
Price spread: +0.010% → +0.007%: $0.27
Slippage, 4 orders: −$2.03
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$11.76
Costs to cover: 0.120%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago	0.51 bp	5.5 bp −$6	8.2 bp −$82	17.1 bp −$1,715	38.3 bp −$19.2K
Sell MEXC live order book, 5 min ago	0.51 bp	0.5 bp −$1	0.9 bp −$9	8.3 bp −$832	39.8 bp −$19.9K

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	−0.0058%	8h	0.09900	−0.071%	$149.6M	$275.1M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0032%	1h	0.09875	−0.321%	$5.7M	$35.5M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09871	−0.366%	$431K	$5.2M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09878	−0.293%	$590K	$118K	25x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09883	−0.247%	$222K	$49K	10x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09906	−0.013%	$23K	—	150x	as long as short
Polymarket Perps DOGE-USD	+0.0059%	1h	0.09902	−0.056%	$258K	$831K	10x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.09898	−0.091%	$894	$448K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09901	−0.058%	$727K	$6.2M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09900	−0.068%	$525K	$1.0M	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	0.09902	−0.050%	$4.5M	$49.0M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09893	−0.137%	$321K	$482K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09909	+0.020%	$316.5M	$1.45B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09908	+0.010%	$160.8M	$443.2M	75x	as long as short
OKX DOGE-USDT-SWAPlong	+0.0100%	8h	0.09907	long leg	$110.9M	$990.0M	50x
Bulk DOGE-USD	+0.0100%	1h	0.09885	−0.222%	$380K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09905	−0.020%	$242.8M	$133.3M	75x	as long as short
MEXC DOGE_USDTshort	+0.0100%	8h	0.09908	+0.010%	$111.3M	$234.0M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.09910	+0.030%	$65.4M	$43.5M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09908	+0.010%	—	$76.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09876	−0.313%	$310K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09876	−0.316%	$1.0M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09865	−0.424%	$293K	$129.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09854	−0.534%	$620K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09860	−0.474%	$143K	$283K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09908	+0.010%	$69K	$436K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09904	−0.025%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09882	−0.257%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09876	−0.313%	$2K	$4.0M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09871	−0.359%	$5.9M	$57.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09880	−0.273%	$90.8M	$16.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.09887	−0.197%	$18K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09898	−0.092%	$495K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09905	−0.019%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.09907	+0.003%	$528	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0189%	1h	0.09908	+0.006%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09875	−0.323%	$15.5M	$25.0M	75x	as long as short
Phoenix DOGE	+0.0242%	1h	0.09874	−0.332%	$64K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0269%	1h	0.09906	−0.009%	$310K	—	200x	as long as short
Hyperliquid DOGE	+0.0284%	1h	0.09915	+0.086%	$120.7M	$100.2M	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0296%	1h	0.09881	−0.262%	$2.3M	$26.6M	50x	as long as short
Arcus DOGE-USD	+0.0690%	1h	0.09915	+0.081%	$117K	$189K	10x	as long as short
RISEx DOGE/USDC	+0.0695%	1h	0.09910	+0.029%	$400K	$412K	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.09900	−0.071%	$5K	$239K	12x	as long as short