Funding arb · Price arb /

DOOD

all DOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0674%/8h= −73.8% APRpaid last 24h −0.108%

Price spread now: Bybit against Gate−0.153%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$158as in the Price arb table

costs, in and out, $10k−$1501.504% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.153%, 7d avg −0.079%

Together, before fees−0.059%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bybit is 0.075% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.079%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% 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	Gate DOOD_USDT	0.001891	0.0774	pay 0.0774% / 8h	1h 52m	$161K	$144K	20x
Short	Bybit DOODUSDT	0.001888	0.0100	get 0.0050% / 4h	1h 52m	$1.1M	$501K	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now −0.153%Rate

Funding earned: −$141.54
Price spread: −0.153% → −0.079%: −$7.46
Slippage, 4 orders: −$124.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$299.37
Costs to cover: 1.504%
Break-even: never at this rate

Slippage from Gate: live order book, 24 min ago; Bybit: live order book, 3 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 Gate live order book, 24 min ago	15.90 bp	41.6 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	7.93 bp	34.5 bp −$35	312.5 bp −$3,125	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 DOODUSDTshort	+0.0100%	4h	0.001888	−0.153%	$1.1M	$501K	13x
OKX DOOD-USDT-SWAP	+0.0100%	4h	0.001891	0.000%	$676K	$710K	20x	as long as short
KuCoin DOODUSDTM	+0.0100%	4h	0.001891	0.000%	$206K	$62K	30x	as long as short
Bitget DOODUSDT	+0.0100%	4h	0.001895	+0.212%	$278K	$305K	20x	as long as short
Variational Omni DOOD	+0.0100%	4h	0.001889	−0.114%	$11K	$389	—	as long as short
Aster DOODUSDT	+0.0337%	4h	0.001890	−0.053%	$121K	$13K	5x	as long as short
BingX DOOD-USDT	+0.0414%	4h	0.001889	−0.106%	—	$6.5M	—	as long as short
MEXC DOOD_USDT	+0.0442%	4h	0.001894	+0.159%	$155K	$182K	20x	as long as short
Binance DOODUSDT	+0.0442%	4h	0.001895	+0.215%	$3.6M	$2.7M	25x	as long as short
Gate DOOD_USDTlong	+0.0774%	8h	0.001891	long leg	$161K	$144K	20x