Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: Extended against BingX−0.026%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.026%, 7d avg −0.038%

Together, before fees+0.013%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DOGE-USDT	0.09910	0.0100	pay 0.0100% / 8h	2h 04m	—	$73.5M	—
Short	Extended DOGE-USD	0.09907	0.0104	get 0.0013% / 1h	4m 51s	$547K	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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 BingXbpFee ExtendedbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0.84
Price spread: −0.026% → −0.038%: $1.23
Slippage, 4 orders: −$9.07
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$22
Costs to cover: 0.241%
Break-even: 190.4 days

Slippage from BingX: live order book, 4 min ago; Extended: live order book, 4 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 BingX live order book, 4 min ago	1.01 bp	6.4 bp −$6	7.4 bp −$74	13.0 bp −$1,305	29.0 bp −$14.5K
Sell Extended live order book, 4 min ago	2.01 bp	6.2 bp −$6	6.5 bp −$65	18.0 bp −$1,802	doesn't fit

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
Bitget DOGEUSDT	−0.0278%	8h	0.09905	−0.050%	$151.8M	$261.3M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09907	−0.031%	$367K	$4.4M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09907	−0.029%	$619K	$106K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09903	−0.066%	$32K	—	150x	as long as short
Gate DOGE_USDT	+0.0078%	8h	0.09906	−0.040%	$236.0M	$121.1M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09951	+0.411%	$15K	$225K	10x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.09902	−0.081%	$838	$345K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09919	+0.089%	$752K	$5.2M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09903	−0.076%	$627K	$698K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09907	−0.033%	$4.9M	$40.7M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.09912	+0.020%	$334K	$496K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09912	+0.018%	$313.9M	$1.27B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09907	−0.030%	$158.4M	$399.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09913	+0.030%	$108.6M	$893.0M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09910	0.000%	$28K	$76K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09911	+0.010%	$109.7M	$221.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09906	−0.040%	$64.8M	$39.3M	75x	as long as short
BingX DOGE-USDTlong	+0.0100%	8h	0.09910	long leg	—	$73.5M	—
Variational Omni DOGE	+0.0100%	8h	0.09902	−0.080%	$931K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09933	+0.234%	$267K	$112.2M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09924	+0.145%	$629K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09920	+0.101%	$144K	$228K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09901	−0.095%	$270K	$529K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09904	−0.061%	$57K	$396K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09903	−0.071%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09908	−0.023%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09905	−0.050%	$2K	$3.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09909	−0.014%	$5.9M	$47.7M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09906	−0.040%	$91.8M	$19.0M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09947	+0.374%	$381K	$14K	10x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09905	−0.046%	$18K	$5K	30x	as long as short
dYdX DOGE-USD	+0.0101%	1h	0.09907	−0.026%	$222K	$44K	10x	as long as short
Extended DOGE-USDshort	+0.0104%	1h	0.09907	−0.026%	$547K	$3.6M	50x
Aevo DOGE-PERP	+0.0104%	1h	0.09906	−0.040%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0168%	1h	0.09907	−0.027%	$523	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0175%	1h	0.09902	−0.081%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09910	0.000%	$15.1M	$23.8M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09906	−0.040%	$2.0M	$22.5M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0244% / S −0.0247%	1h	0.09903	−0.073%	$316K	—	200x	as long as short
Backpack DOGE_USDC_PERP	+0.0253%	1h	0.09911	+0.010%	$523K	$931K	15x	as long as short
Kraken Futures PF_DOGEUSD	+0.0289%	1h	0.09904	−0.062%	$5.9M	$31.9M	50x	as long as short
Hyperliquid DOGE	+0.0409%	1h	0.09924	+0.137%	$109.1M	$79.9M	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09910	0.000%	$311K	$474K	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.09960	+0.505%	$5K	$180K	12x	as long as short