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% APRpaid last 24h 0.000%

Price spread now: SunX against Bulk+0.020%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$630.633% of the position

Long on Bulk Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.020%, 7d avg +0.028%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk DOGE-USD	0.09918	0.0100	pay 0.0013% / 1h	16m 40s	$379K	$16K	10x
Short	SunX DOGE-USDT	0.09920	0.0100	get 0.0100% / 8h	16m 40s	$35K	$2.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bulk. 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 BulkbpFee SunXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → +0.028%: −$0.74
Slippage, 4 orders: −$48.27
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$64.01
Costs to cover: 0.633%
Break-even: never at this rate

Slippage from Bulk: live order book, 22 min ago; SunX: live order book, 10 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 Bulk live order book, 22 min ago	5.03 bp	8.5 bp −$9	8.5 bp −$85	14.0 bp −$1,402	26.7 bp −$13.3K
Sell SunX live order book, 10 min ago	18.56 bp	23.6 bp −$24	31.2 bp −$312	doesn't fit	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
Kraken Futures PF_DOGEUSD	−0.0060%	1h	0.09919	+0.009%	$5.6M	$40.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09918	−0.006%	$580K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09912	−0.061%	$35K	—	150x	as long as short
dYdX DOGE-USD	+0.0003%	1h	0.09918	−0.004%	$223K	$63K	10x	as long as short
Bitget DOGEUSDT	+0.0005%	8h	0.09907	−0.115%	$140.4M	$347.9M	75x	as long as short
Polymarket Perps DOGE-USD	+0.0027%	1h	0.09903	−0.151%	$257K	$1.2M	10x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.167%	$6K	$242K	12x	as long as short
Lighter DOGE	+0.0096%	1h	0.09924	+0.062%	$828K	$6.9M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09909	−0.100%	$536K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09924	+0.052%	$123.6M	$117.3M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09916	−0.026%	$5.0M	$59.8M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09917	−0.017%	$322K	$509K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09917	−0.016%	$327.7M	$1.73B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09909	−0.095%	$163.8M	$526.2M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09914	−0.044%	$115.2M	$1.20B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09915	−0.034%	$16K	$311K	10x	as long as short
Bulk DOGE-USDlong	+0.0100%	1h	0.09918	long leg	$379K	$16K	10x
Gate DOGE_USDT	+0.0100%	8h	0.09914	−0.044%	$249.2M	$158.3M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09914	−0.044%	$117.0M	$259.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09918	−0.004%	$66.2M	$50.0M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09916	−0.024%	—	$57.9M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09920	+0.016%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09880	−0.389%	$1.0M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09912	−0.066%	$301K	$139.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09916	−0.024%	$628K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09920	+0.016%	$142K	$346K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09913	−0.054%	$71K	$473K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09911	−0.072%	$18K	$7K	10x	as long as short
SunX DOGE-USDTshort	+0.0100%	8h	0.09920	+0.020%	$35K	$2.3M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.09915	−0.034%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09917	−0.011%	$5.9M	$69.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09916	−0.024%	$90.7M	$16.8M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09913	−0.050%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09915	−0.035%	$485K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09914	−0.046%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0106%	8h	0.09911	−0.074%	$828	$542K	10x	as long as short
Phoenix DOGE	+0.0160%	1h	0.09902	−0.170%	$18K	$382K	10x	as long as short
Reya DOGERUSDPERP	+0.0200%	1h	0.09907	−0.111%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.09913	−0.054%	$1.9M	$35.0M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09920	+0.016%	$15.5M	$26.9M	75x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0234%	1h	0.09918	−0.004%	$570K	$258K	25x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0235% / S −0.0235%	1h	0.09911	−0.071%	$282K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0240%	1h	0.09921	+0.028%	$441	$4K	10x	as long as short
RISEx DOGE/USDC	+0.0731%	1h	0.09921	+0.032%	$404K	$458K	10x	as long as short