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: KuCoin against MEXC+0.040%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$288as in the Funding arb table

Net, price: spread back to 7d avg − costs−$281as in the Price arb table

costs, in and out, $10k−$2862.856% of the position

Long on MEXC Short on KuCoin

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)+0.058%+$6 · spread now +0.040%, 7d avg −0.004%

Together, before fees+0.037%+$4 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: KuCoin is 0.044% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGS_USDT	0.00005041	0.0100	pay 0.0050% / 4h	3h 48m	$3.3M	$216K	200x
Short	KuCoin DOGSUSDTM	0.00005043	0.0100	get 0.0050% / 4h	3h 48m	$344K	$194K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → −0.004%: $4.38
Slippage, 4 orders: −$269.64
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$281.26
Costs to cover: 2.856%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 23 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 MEXC live order book, 3 min ago	2.96 bp	30.2 bp −$30	88.0 bp −$880	182.0 bp −$18.2K	356.6 bp −$178.3K
Sell KuCoin live order book, 23 min ago	5.99 bp	122.1 bp −$122	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	−0.2481%	1h	0.00005036	−0.100%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005053	+0.238%	$5K	$24K	5x	as long as short
Binance DOGSUSDT	+0.0100%	4h	0.00005045	+0.079%	$2.2M	$2.5M	50x	as long as short
Gate DOGS_USDT	+0.0100%	4h	0.00005044	+0.060%	$192K	$462K	20x	as long as short
MEXC DOGS_USDTlong	+0.0100%	4h	0.00005041	long leg	$3.3M	$216K	200x
KuCoin DOGSUSDTMshort	+0.0100%	4h	0.00005043	+0.040%	$344K	$194K	50x
Bitget DOGSUSDT	+0.0100%	4h	0.00005045	+0.079%	$592K	$468K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00005053	+0.238%	—	$1.3M	—	as long as short
SunX DOGS-USDT	+0.0100%	4h	0.00005057	+0.317%	$1K	$1.3M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005041	−0.009%	$2K	—	5x	as long as short