Funding arb · Price arb /

DOGE

all DOGE 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: HTX against Binance+0.116%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.116%, 7d avg +0.032%

Together, before fees−0.060%−$6 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: HTX is 0.085% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGEUSDT	0.09936	0.0100	pay 0.0100% / 8h	6h 17m	$315.1M	$1.43B	75x
Short	HTX DOGE-USDT	0.09948	0.0100	get 0.0100% / 8h	6h 17m	$5.9M	$55.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.116%Rate

Funding earned: $0
Price spread: +0.116% → +0.032%: $8.45
Slippage, 4 orders: −$6.14
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$19.69
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; HTX: live order book, 2 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, 11 min ago	0.50 bp	6.2 bp −$6	8.4 bp −$84	20.3 bp −$2,027	44.4 bp −$22.2K
Sell HTX live order book, 2 min ago	0.40 bp	6.9 bp −$7	10.2 bp −$102	35.6 bp −$3,559	doesn't fit

DOGE on 43 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
Bitget DOGEUSDT	−0.0105%	8h	0.09922	−0.145%	$150.4M	$273.2M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09949	+0.128%	$390K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09947	+0.106%	$23K	—	150x	as long as short
dYdX DOGE-USD	+0.0013%	1h	0.09934	−0.027%	$223K	$49K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0067%	1h	0.09947	+0.103%	$5.8M	$34.2M	50x	as long as short
Lighter DOGE	+0.0096%	1h	0.09945	+0.084%	$821K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09927	−0.094%	$829	$428K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09941	+0.052%	$533K	$991K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09933	−0.036%	$4.6M	$48.2M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09938	+0.019%	$327K	$503K	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDTlong	+0.0100%	8h	0.09936	long leg	$315.1M	$1.43B	75x
Bybit DOGEUSDT	+0.0100%	8h	0.09930	−0.064%	$157.3M	$440.8M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09933	−0.034%	$110.1M	$977.7M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09942	+0.057%	$128K	$178K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09984	+0.477%	$383K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09926	−0.104%	$240.8M	$132.7M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09931	−0.054%	$110.6M	$230.1M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09937	+0.006%	$65.7M	$43.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09928	−0.084%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09934	−0.024%	$339K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09945	+0.083%	$992K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09948	+0.121%	$282K	$128.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09957	+0.208%	$636K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09950	+0.137%	$145K	$270K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09937	+0.008%	$256K	$642K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09945	+0.087%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09944	+0.081%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09952	+0.155%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09949	+0.127%	$2K	$3.7M	10x	as long as short
HTX DOGE-USDTshort	+0.0100%	8h	0.09948	+0.116%	$5.9M	$55.1M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.09939	+0.026%	$91.6M	$16.9M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09926	−0.106%	$558K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09947	+0.105%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0109%	8h	0.09933	−0.032%	$18K	$6K	30x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0122%	1h	0.09949	+0.130%	$594K	$118K	25x	as long as short
Reya DOGERUSDPERP	+0.0185%	1h	0.09944	+0.077%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.09935	−0.013%	$530	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09946	+0.097%	$2.0M	$25.1M	50x	as long as short
Phoenix DOGE	+0.0241%	1h	0.09941	+0.051%	$65K	$284K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0245% / S −0.0267%	1h	0.09946	+0.101%	$310K	—	200x	as long as short
RISEx DOGE/USDC	+0.0563%	1h	0.09935	−0.009%	$400K	$367K	10x	as long as short
Hyperliquid DOGE	+0.0700%	1h	0.09950	+0.134%	$121.9M	$98.0M	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1000	+0.640%	$5K	$239K	12x	as long as short