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: Bitget against KuCoin+0.099%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$290as in the Funding arb table

Net, price: spread back to 7d avg − costs−$284as in the Price arb table

costs, in and out, $10k−$2922.925% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.099%, 7d avg +0.017%

Together, before fees−0.068%−$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: Bitget is 0.082% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DOGSUSDTM	0.00005027	0.0100	pay 0.0050% / 4h	3h 57m	$342K	$193K	50x
Short	Bitget DOGSUSDT	0.00005032	0.0100	get 0.0050% / 4h	3h 57m	$591K	$471K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.099%Rate

Funding earned: $0
Price spread: +0.099% → +0.017%: $8.22
Slippage, 4 orders: −$268.49
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$284.27
Costs to cover: 2.925%
Break-even: never at this rate

Slippage from KuCoin: live order book, 15 min ago; Bitget: live order book, 57 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 KuCoin live order book, 15 min ago	5.99 bp	115.2 bp −$115	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 57 min ago	9.00 bp	23.5 bp −$23	99.6 bp −$996	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	−0.2490%	1h	0.00005017	−0.192%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005030	+0.060%	$5K	$24K	5x	as long as short
Binance DOGSUSDT	+0.0100%	4h	0.00005036	+0.179%	$2.2M	$2.5M	50x	as long as short
Gate DOGS_USDT	+0.0100%	4h	0.00005027	0.000%	$190K	$458K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00005037	+0.199%	$3.3M	$215K	200x	as long as short
KuCoin DOGSUSDTMlong	+0.0100%	4h	0.00005027	long leg	$342K	$193K	50x
Bitget DOGSUSDTshort	+0.0100%	4h	0.00005032	+0.099%	$591K	$471K	50x
BingX DOGS-USDT	+0.0100%	4h	0.00005033	+0.119%	—	$1.3M	—	as long as short
SunX DOGS-USDT	+0.0100%	4h	0.00005040	+0.259%	$2K	$1.3M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005036	+0.172%	$2K	—	5x	as long as short