Funding arb · Price arb /

DOOD

all DOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0961%/8h= +105.2% APRpaid last 24h +0.174%

Price spread now: Gate against Bybit+0.161%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1611.613% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.198%+$20 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.161%, 7d avg +0.078%

Together, before fees+0.131%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Gate is 0.083% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.078%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.198% in total (about 10.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DOODUSDT	0.001869	0.0100	pay 0.0050% / 4h	2h 55m	$1.1M	$569K	13x
Short	Gate DOOD_USDT	0.001872	0.1061	get 0.1061% / 8h	6h 55m	$155K	$155K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now +0.161%Rate

Funding earned: $201.81
Price spread: +0.161% → +0.078%: $8.26
Slippage, 4 orders: −$135.3
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $48.77
Costs to cover: 1.613%
Break-even: 5.3 days

Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 5 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 Bybit live order book, 5 min ago	7.94 bp	36.3 bp −$36	1813.4 bp −$18.1K	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	15.86 bp	44.7 bp −$45	doesn't fit	doesn't fit	doesn't fit

DOOD 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
Bybit DOODUSDTlong	+0.0100%	4h	0.001869	long leg	$1.1M	$569K	13x
OKX DOOD-USDT-SWAP	+0.0100%	4h	0.001870	+0.054%	$681K	$788K	20x	as long as short
KuCoin DOODUSDTM	+0.0100%	4h	0.001872	+0.161%	$227K	$68K	30x	as long as short
Bitget DOODUSDT	+0.0100%	4h	0.001873	+0.214%	$271K	$370K	20x	as long as short
Variational Omni DOOD	+0.0100%	4h	0.001876	+0.359%	$11K	$389	—	as long as short
Aster DOODUSDT	+0.0413%	4h	0.001875	+0.329%	$122K	$15K	5x	as long as short
MEXC DOOD_USDT	+0.0532%	4h	0.001874	+0.268%	$155K	$176K	20x	as long as short
Binance DOODUSDT	+0.0534%	4h	0.001874	+0.250%	$3.6M	$2.8M	25x	as long as short
BingX DOOD-USDT	+0.0542%	4h	0.001871	+0.107%	—	$6.5M	—	as long as short
Gate DOOD_USDTshort	+0.1061%	8h	0.001872	+0.161%	$155K	$155K	20x