Funding arb · Price arb /

DOGS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.100%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$185as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$1851.854% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.100%, 7d avg −0.037%

Together, before fees+0.072%+$7 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: Gate is 0.062% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGSUSDT	0.00005012	0.0100	pay 0.0050% / 4h	2h 31m	$2.2M	$2.5M	50x
Short	Gate DOGS_USDT	0.00005007	0.0100	get 0.0050% / 4h	2h 31m	$191K	$480K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.100%Rate

Funding earned: $0
Price spread: −0.100% → −0.037%: −$6.23
Slippage, 4 orders: −$160.44
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$191.67
Costs to cover: 1.854%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Gate: live order book, 34 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 Binance live order book, 4 min ago	2.99 bp	27.3 bp −$27	174.5 bp −$1,745	doesn't fit	doesn't fit
Sell Gate live order book, 34 min ago	4.95 bp	63.8 bp −$64	doesn't fit	doesn't fit	doesn't fit

DOGS on 10 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
Kraken Futures PF_DOGSUSD	−0.1874%	1h	0.00005005	−0.144%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005012	0.000%	$7K	$21K	5x	as long as short
Binance DOGSUSDTlong	+0.0100%	4h	0.00005012	long leg	$2.2M	$2.5M	50x
Gate DOGS_USDTshort	+0.0100%	4h	0.00005007	−0.100%	$191K	$480K	20x
MEXC DOGS_USDT	+0.0100%	4h	0.00005012	0.000%	$3.2M	$251K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005011	−0.020%	$342K	$206K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00005012	0.000%	$641K	$498K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00005012	0.000%	—	$1.3M	—	as long as short
SunX DOGS-USDT	+0.0100%	4h	0.00005028	+0.319%	$2K	$1.3M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005011	−0.026%	$2K	—	5x	as long as short