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: OKX against SunX−0.242%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$570.571% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 3 days (all we have)+0.223%+$22 · spread now −0.242%, 7d avg −0.050%

Together, before fees+0.164%+$16 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: OKX is 0.192% cheaper against SunX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGE-USDT	0.1008	0.0100	pay 0.0100% / 8h	1h 36m	$36K	$2.2M	30x
Short	OKX DOGE-USDT-SWAP	0.1006	0.0100	get 0.0100% / 8h	1h 36m	$109.5M	$924.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.242%Rate

Funding earned: $0
Price spread: −0.242% → −0.050%: −$19.15
Slippage, 4 orders: −$39.06
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$76.21
Costs to cover: 0.571%
Break-even: never at this rate

Slippage from SunX: live order book, 10 min ago; OKX: live order book, 3 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, 10 min ago	18.51 bp	22.5 bp −$23	28.4 bp −$284	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.49 bp	5.5 bp −$5	6.7 bp −$67	16.0 bp −$1,598	38.3 bp −$19.1K

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	0.1005	−0.351%	$153.6M	$264.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1007	−0.084%	$409K	$4.6M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1008	−0.060%	$610K	$105K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.1007	−0.107%	$32K	—	150x	as long as short
dYdX DOGE-USD	+0.0010%	1h	0.1006	−0.275%	$226K	$44K	10x	as long as short
Phoenix DOGE	+0.0081%	1h	0.1017	+0.838%	$16K	$222K	10x	as long as short
Gate DOGE_USDT	+0.0085%	8h	0.1005	−0.301%	$241.6M	$122.7M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1008	−0.069%	$787K	$5.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.1006	−0.272%	$2K	$362K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1007	−0.088%	$706K	$782K	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	0.1006	−0.225%	$5.2M	$42.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1007	−0.168%	$337K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1005	−0.285%	$323.6M	$1.31B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1006	−0.282%	$162.7M	$412.1M	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.1006	−0.242%	$109.5M	$924.8M	50x
Arcus DOGE-USD	+0.0100%	1h	0.1006	−0.202%	$28K	$76K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1017	+0.880%	$390K	$17K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1006	−0.242%	$111.3M	$216.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1008	−0.083%	$65.8M	$39.9M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1006	−0.242%	—	$3.4M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1017	+0.872%	$954K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1016	+0.716%	$278K	$114.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1014	+0.580%	$645K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1014	+0.561%	$149K	$241K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1007	−0.123%	$272K	$535K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1008	−0.073%	$73K	$432K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1008	−0.081%	$25K	$1K	10x	as long as short
SunX DOGE-USDTlong	+0.0100%	8h	0.1008	long leg	$36K	$2.2M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.1008	−0.054%	$2K	$3.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1008	−0.072%	$6.1M	$49.4M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1008	−0.083%	$93.3M	$19.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1006	−0.250%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1006	−0.279%	$557K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1008	−0.076%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0176%	1h	0.1007	−0.128%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.1006	−0.224%	$531	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.1008	−0.073%	$2.0M	$23.4M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1007	−0.133%	$15.4M	$25.0M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0271%	1h	0.1008	−0.056%	$316K	—	200x	as long as short
Kraken Futures PF_DOGEUSD	+0.0362%	1h	0.1007	−0.115%	$6.0M	$32.4M	50x	as long as short
Hyperliquid DOGE	+0.0418%	1h	0.1009	+0.026%	$111.3M	$81.9M	10x	as long as short
Backpack DOGE_USDC_PERP	+0.0420%	1h	0.1008	+0.006%	$540K	$946K	15x	as long as short
RISEx DOGE/USDC	+0.0702%	1h	0.1006	−0.197%	$315K	$477K	10x	as long as short
Injective DOGE/USDC PERP	+0.0966%	1h	0.1018	+0.958%	$5K	$207K	12x	as long as short