Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Binance against Pacifica−0.005%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

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

costs, in and out, $10k−$280.282% of the position

Long on Pacifica Short on Binance

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)−0.072%−$7 · spread now −0.005%, 7d avg −0.015%

Together, before fees−0.128%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica DOGE	0.1000	0.0100	pay 0.0013% / 1h	43m 41s	$329K	$484K	20x
Short	Binance DOGEUSDT	0.1000	0.0100	get 0.0100% / 8h	5h 43m	$320.9M	$1.44B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now −0.005%Rate

Funding earned: $0
Price spread: −0.005% → −0.015%: $1.04
Slippage, 4 orders: −$10.24
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$27.2
Costs to cover: 0.282%
Break-even: never at this rate

Slippage from Pacifica: live order book, 20 min ago; Binance: live order book, 15 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 Pacifica live order book, 20 min ago	2.00 bp	7.2 bp −$7	12.7 bp −$127	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.50 bp	7.2 bp −$7	9.4 bp −$94	20.2 bp −$2,022	48.6 bp −$24.3K

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	−0.0094%	8h	0.09993	−0.114%	$151.5M	$273.7M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.10000	−0.047%	$224K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09985	−0.197%	$444K	$5.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09975	−0.289%	$24K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.1001	+0.012%	$816K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09990	−0.144%	$1K	$435K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09982	−0.224%	$532K	$991K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09993	−0.110%	$4.7M	$48.4M	75x	as long as short
Pacifica DOGElong	+0.0100%	1h	0.1000	long leg	$329K	$484K	20x
Binance DOGEUSDTshort	+0.0100%	8h	0.1000	−0.005%	$320.9M	$1.44B	75x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.1000	−0.034%	$161.0M	$440.4M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1001	+0.016%	$111.5M	$989.0M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09995	−0.096%	$383K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09994	−0.104%	$243.3M	$131.7M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1000	−0.014%	$113.5M	$229.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1001	+0.006%	$66.2M	$43.3M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1000	−0.044%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09991	−0.134%	$329K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09980	−0.246%	$997K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09977	−0.272%	$296K	$129.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09971	−0.330%	$635K	$4.4M	10x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09977	−0.276%	$256K	$731K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09985	−0.194%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09983	−0.211%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09985	−0.196%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09985	−0.194%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09973	−0.316%	$5.9M	$56.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09988	−0.164%	$92.0M	$16.7M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09990	−0.140%	$558K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09984	−0.208%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0104%	8h	0.1000	−0.018%	$18K	$6K	30x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0131%	1h	0.09987	−0.170%	$597K	$118K	25x	as long as short
Reya DOGERUSDPERP	+0.0186%	1h	0.09979	−0.252%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0200%	1h	0.09989	−0.159%	$532	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09993	−0.114%	—	$25.2M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1000	−0.012%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0267%	1h	0.09976	−0.282%	$311K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09990	−0.144%	$2.3M	$26.1M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0306%	1h	0.09987	−0.179%	$5.7M	$35.0M	50x	as long as short
ApeX Omni DOGEUSDT	+0.0405%	1h	0.09980	−0.244%	$146K	$276K	25x	as long as short
Hyperliquid DOGE	+0.0429%	1h	0.1001	+0.006%	$122.0M	$100.0M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09991	−0.135%	$402K	$367K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.1002	+0.126%	$129K	$179K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.1000	−0.044%	$5K	$239K	12x	as long as short