Funding arb · Price arb /

DOGE

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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: KuCoin against SunX+0.133%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$660.660% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.133%, 7d avg −0.041%

Together, before fees−0.241%−$24 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: KuCoin is 0.174% dearer against SunX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGE-USDT	0.1002	0.0100	pay 0.0100% / 8h	3h 02m	$35K	$2.3M	30x
Short	KuCoin DOGEUSDTM	0.1004	0.0100	get 0.0100% / 8h	3h 02m	$66.0M	$48.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.133%Rate

Funding earned: $0
Price spread: +0.133% → −0.041%: $17.4
Slippage, 4 orders: −$46.03
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$48.63
Costs to cover: 0.660%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; KuCoin: live order book, 12 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	17.08 bp	22.2 bp −$22	37.3 bp −$373	doesn't fit	doesn't fit
Sell KuCoin live order book, 12 min ago	0.49 bp	9.9 bp −$10	17.0 bp −$170	36.1 bp −$3,608	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
Kalshi KXDOGEPERP	0.0000%	8h	0.1005	+0.295%	$659K	$6.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1003	+0.029%	$23K	—	150x	as long as short
dYdX DOGE-USD	+0.0016%	1h	0.1003	+0.109%	$225K	$70K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1004	+0.196%	$742K	$6.5M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1002	−0.042%	$549K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1004	+0.117%	$4.5M	$55.9M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1004	+0.142%	$321K	$520K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1004	+0.123%	$327.6M	$1.64B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1004	+0.163%	$163.2M	$506.8M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1004	+0.183%	$114.2M	$1.15B	50x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk DOGE-USD	+0.0100%	1h	0.1002	−0.048%	$385K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1004	+0.143%	$246.6M	$148.9M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1004	+0.173%	$113.3M	$248.9M	300x	as long as short
KuCoin DOGEUSDTMshort	+0.0100%	8h	0.1004	+0.133%	$66.0M	$48.6M	75x
Bitget DOGEUSDT	+0.0100%	8h	0.1004	+0.173%	$130.4M	$319.9M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1004	+0.173%	—	$79.6M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1002	+0.003%	$319K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1010	+0.739%	$1.1M	$8.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1008	+0.572%	$322K	$137.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1008	+0.545%	$638K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1008	+0.562%	$151K	$332K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1002	−0.027%	$260K	$1.1M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1003	+0.053%	$66K	$463K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1003	+0.019%	$19K	$1K	10x	as long as short
SunX DOGE-USDTlong	+0.0100%	8h	0.1002	long leg	$35K	$2.3M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.1003	+0.063%	$2K	$5.1M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1003	+0.017%	$5.9M	$66.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1002	−0.007%	$92.2M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1004	+0.139%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1003	+0.112%	$482K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1003	+0.047%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0118%	8h	0.1004	+0.212%	$1K	$512K	10x	as long as short
Reya DOGERUSDPERP	+0.0193%	1h	0.1003	+0.021%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1002	−0.017%	$16.1M	$26.7M	75x	as long as short
01 Exchange DOGEUSD	+0.0224%	1h	0.1005	+0.256%	$447	$4K	10x	as long as short
Phoenix DOGE	+0.0235%	1h	0.1008	+0.531%	$18K	$292K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0239%	1h	0.1003	+0.108%	$570K	$247K	25x	as long as short
Kraken Futures PF_DOGEUSD	+0.0251%	1h	0.1002	−0.017%	$5.5M	$40.0M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0253% / S −0.0292%	1h	0.1003	+0.029%	$327K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1002	+0.003%	$2.1M	$33.4M	50x	as long as short
Hyperliquid DOGE	+0.0378%	1h	0.1004	+0.183%	$125.0M	$112.8M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1005	+0.302%	$109K	$207K	10x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1005	+0.262%	$405K	$434K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	+5.051%	$6K	$242K	12x	as long as short