Funding arb · Price arb /

DOGS

all DOGS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0251%/8h= +27.5% APRpaid last 24h −0.442%

Price spread now: Kraken Futures against Binance−0.029%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.029% cheaper against Binance than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGSUSDT	0.00004981	0.0100	pay 0.0050% / 4h	2h 35m	$2.2M	$3.0M	50x
Short	Kraken Futures PF_DOGSUSD	0.00004980	0.0351	get 0.0044% / 1h	35m 59s	$13K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.029%Rate

Funding earned: $52.69
Price spread: −0.029% → 0.000%: −$2.87
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $29.82
Costs to cover: 0.200%
Break-even: 3.0 days

Slippage unknown: Binance: live order book, 14 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 14 min ago	0.99 bp	32.9 bp −$33	195.9 bp −$1,959	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster DOGSUSDT	+0.0100%	4h	0.00004979	−0.040%	$5K	$29K	5x	as long as short
Binance DOGSUSDTlong	+0.0100%	4h	0.00004981	long leg	$2.2M	$3.0M	50x
Gate DOGS_USDT	+0.0100%	4h	0.00004980	−0.020%	$185K	$513K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00004982	+0.020%	$3.3M	$249K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00004979	−0.040%	$354K	$223K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00004980	−0.020%	$586K	$535K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00004976	−0.100%	—	$1.3M	—	as long as short
SunX DOGS-USDT	+0.0100%	4h	0.00004982	+0.020%	$2K	$1.5M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00004980	−0.026%	$2K	—	5x	as long as short
Kraken Futures PF_DOGSUSDshort	+0.0351%	1h	0.00004980	−0.029%	$13K	$3K	10x