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: MEXC against Binance−0.021%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$130.125% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.025%+$3 · spread now −0.021%, 7d avg 0.000%

Together, before fees+0.025%+$2 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: MEXC is 0.021% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGEUSDT	0.1002	0.0100	pay 0.0100% / 8h	2h 01m	$329.8M	$1.70B	75x
Short	MEXC DOGE_USDT	0.1002	0.0100	get 0.0100% / 8h	2h 01m	$112.2M	$257.8M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → 0.000%: −$2.08
Slippage, 4 orders: −$2.53
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$14.61
Costs to cover: 0.125%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; MEXC: 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 Binance live order book, 12 min ago	0.50 bp	6.0 bp −$6	8.5 bp −$85	19.9 bp −$1,986	46.4 bp −$23.2K
Sell MEXC live order book, 3 min ago	0.50 bp	0.5 bp −$1	2.0 bp −$20	8.8 bp −$884	36.3 bp −$18.1K

DOGE on 44 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
Kalshi KXDOGEPERP	0.0000%	8h	0.1001	−0.024%	$598K	$6.5M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1002	+0.077%	$34K	—	150x	as long as short
Kraken Futures PF_DOGEUSD	+0.0002%	1h	0.1003	+0.120%	$5.7M	$40.3M	50x	as long as short
dYdX DOGE-USD	+0.0023%	1h	0.1001	−0.035%	$225K	$69K	10x	as long as short
Polymarket Perps DOGE-USD	+0.0042%	1h	0.1001	−0.051%	$269K	$1.2M	10x	as long as short
Bitget DOGEUSDT	+0.0092%	8h	0.1001	−0.061%	$143.0M	$343.5M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1003	+0.110%	$856K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1002	−0.011%	$541K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1002	+0.013%	$4.6M	$58.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1002	+0.038%	$321K	$514K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDTlong	+0.0100%	8h	0.1002	long leg	$329.8M	$1.70B	75x
Bybit DOGEUSDT	+0.0100%	8h	0.1001	−0.051%	$165.8M	$520.0M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1002	−0.011%	$118.1M	$1.20B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1001	−0.060%	$385K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1001	−0.051%	$249.3M	$155.6M	75x	as long as short
MEXC DOGE_USDTshort	+0.0100%	8h	0.1002	−0.021%	$112.2M	$257.8M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.1001	−0.031%	$66.5M	$50.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1002	+0.039%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1003	+0.139%	$315K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1002	+0.016%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1001	−0.111%	$315K	$140.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	−0.106%	$630K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1002	+0.029%	$150K	$346K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1002	+0.069%	$64K	$478K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1002	+0.062%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1002	−0.014%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1003	+0.099%	$2K	$5.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1003	+0.100%	$5.9M	$68.5M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1003	+0.109%	$92.1M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1001	−0.040%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1001	−0.076%	$487K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1002	+0.077%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0110%	8h	0.1002	−0.001%	$1K	$527K	10x	as long as short
Hyperliquid DOGE	+0.0117%	1h	0.1003	+0.129%	$124.2M	$116.3M	10x	as long as short
Reya DOGERUSDPERP	+0.0196%	1h	0.1002	−0.004%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.1002	+0.049%	$446	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1002	−0.011%	$16.1M	$27.1M	75x	as long as short
Arcus DOGE-USD	+0.0231%	1h	0.1002	−0.001%	$27K	$300K	10x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1001	−0.032%	$18K	$382K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0294%	1h	0.1003	+0.089%	$316K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1003	+0.089%	$2.0M	$34.5M	50x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0329%	1h	0.1003	+0.123%	$575K	$252K	25x	as long as short
RISEx DOGE/USDC	+0.0686%	1h	0.1002	+0.046%	$405K	$453K	10x	as long as short
Injective DOGE/USDC PERP	+0.1217%	1h	0.1053	+5.120%	$6K	$242K	12x	as long as short