Funding arb · Price arb /

DOGS

all DOGS markets

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: MEXC against Binance−0.040%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$780.781% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.083%+$8 · spread now −0.040%, 7d avg −0.006%

Together, before fees+0.083%+$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: MEXC is 0.034% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGSUSDT	0.00005041	0.0100	pay 0.0050% / 4h	3h 55m	$2.2M	$2.5M	50x
Short	MEXC DOGS_USDT	0.00005039	0.0100	get 0.0050% / 4h	3h 55m	$3.3M	$215K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → −0.006%: −$3.41
Slippage, 4 orders: −$64.09
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$81.5
Costs to cover: 0.781%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 1 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, 9 min ago	2.00 bp	28.4 bp −$28	150.0 bp −$1,500	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.99 bp	14.8 bp −$15	69.1 bp −$691	170.3 bp −$17.0K	354.5 bp −$177.2K

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	−0.2490%	1h	0.00005019	−0.431%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005031	−0.198%	$5K	$24K	5x	as long as short
Binance DOGSUSDTlong	+0.0100%	4h	0.00005041	long leg	$2.2M	$2.5M	50x
Gate DOGS_USDT	+0.0100%	4h	0.00005032	−0.179%	$191K	$458K	20x	as long as short
MEXC DOGS_USDTshort	+0.0100%	4h	0.00005039	−0.040%	$3.3M	$215K	200x
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005030	−0.218%	$342K	$193K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00005035	−0.119%	$591K	$471K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00005033	−0.159%	—	$1.3M	—	as long as short
SunX DOGS-USDT	+0.0100%	4h	0.00005043	+0.040%	$2K	$1.3M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005034	−0.147%	$2K	—	5x	as long as short