Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: Extended against SunX−0.153%7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$560.564% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.153%, 7d avg −0.083%

Together, before fees+0.079%+ Points / potential airdropExtended: Active · farm board+$8 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: Extended is 0.070% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGE-USDT	0.1004	0.0100	pay 0.0100% / 8h	1h 11m	$35K	$2.2M	30x
Short	Extended DOGE-USD	0.1003	0.0104	get 0.0013% / 1h	11m 36s	$554K	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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 SunXbpFee ExtendedbpOrdersPrice spread, now −0.153%Rate

Funding earned: $0.84
Price spread: −0.153% → −0.083%: −$6.97
Slippage, 4 orders: −$43.45
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$62.57
Costs to cover: 0.564%
Break-even: 528.4 days

Slippage from SunX: live order book, 4 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 SunX live order book, 4 min ago	18.51 bp	22.5 bp −$23	28.3 bp −$283	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.99 bp	5.2 bp −$5	5.5 bp −$55	12.4 bp −$1,240	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	−0.0259%	8h	0.1002	−0.247%	$153.0M	$266.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1004	−0.026%	$415K	$4.7M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1004	+0.015%	$608K	$109K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1004	+0.012%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0034%	1h	0.1004	−0.043%	$225K	$44K	10x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1006	+0.143%	$66K	$222K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1004	+0.021%	$791K	$5.4M	15x	as long as short
Katana Perps DOGE-USD	+0.0097%	8h	0.1003	−0.137%	$1K	$371K	10x	as long as short
Gate DOGE_USDT	+0.0097%	8h	0.1003	−0.118%	$241.6M	$124.9M	75x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1003	−0.132%	$571K	$863K	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	0.1003	−0.071%	$4.9M	$44.0M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1004	−0.028%	$335K	$509K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1003	−0.115%	$318.9M	$1.33B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1002	−0.187%	$158.8M	$421.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1002	−0.167%	$109.2M	$931.8M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1003	−0.098%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1006	+0.214%	$386K	$14K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1003	−0.098%	$111.6M	$217.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1003	−0.078%	$66.0M	$41.1M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1003	−0.118%	—	$74.7M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1004	+0.014%	$1.0M	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1004	−0.042%	$275K	$116.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1003	−0.068%	$633K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1003	−0.108%	$147K	$245K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1002	−0.197%	$267K	$542K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1004	+0.012%	$73K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1004	−0.009%	$25K	$1K	10x	as long as short
SunX DOGE-USDTlong	+0.0100%	8h	0.1004	long leg	$35K	$2.2M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.1004	−0.038%	$2K	$3.6M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1005	+0.051%	$6.0M	$50.6M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1004	−0.028%	$93.0M	$19.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1004	−0.044%	$18K	$5K	30x	as long as short
Extended DOGE-USDshort	+0.0104%	1h	0.1003	−0.153%	$554K	$3.6M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.1004	+0.012%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0177%	1h	0.1002	−0.187%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.1003	−0.100%	$530	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1004	+0.022%	$2.0M	$23.7M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1004	−0.048%	$15.3M	$25.0M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0248% / S −0.0216%	1h	0.1004	+0.009%	$351K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0363%	1h	0.1004	−0.030%	$5.9M	$32.8M	50x	as long as short
Backpack DOGE_USDC_PERP	+0.0411%	1h	0.1004	−0.048%	$536K	$956K	15x	as long as short
Hyperliquid DOGE	+0.0490%	1h	0.1005	+0.136%	$114.6M	$84.9M	10x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1003	−0.088%	$314K	$476K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1011	+0.689%	$5K	$239K	12x	as long as short