Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against HTX+0.107%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$280.275% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.209%−$21 · spread now +0.107%, 7d avg −0.042%

Together, before fees−0.209%+ Points / potential airdropedgeX: Active · farm board−$21 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: edgeX is 0.150% dearer against HTX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DOGE-USDT	0.09832	0.0100	pay 0.0100% / 8h	5h 51m	$5.9M	$64.8M	75x
Short	edgeX DOGEUSDC	0.09842	0.0100	get 0.0050% / 4h	1h 51m	$264K	$132.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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 HTXbpFee edgeXbpOrdersPrice spread, now +0.107%Rate

Funding earned: $0
Price spread: +0.107% → −0.042%: $14.96
Slippage, 4 orders: −$6.55
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$12.58
Costs to cover: 0.275%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; edgeX: live order book, 1 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 HTX live order book, 1 min ago	0.05 bp	6.5 bp −$6	15.2 bp −$152	36.7 bp −$3,667	doesn't fit
Sell edgeX live order book, 1 min ago	2.04 bp	6.5 bp −$7	6.9 bp −$69	14.1 bp −$1,406	doesn't fit

DOGE on 43 exchanges

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	−0.0140%	1h	0.09829	−0.029%	$5.3M	$39.6M	50x	as long as short
Bitget DOGEUSDT	−0.0039%	8h	0.09824	−0.079%	$139.1M	$305.3M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09827	−0.050%	$524K	$6.3M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09828	−0.039%	$550K	$293K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09843	+0.110%	$33K	—	150x	as long as short
Bybit DOGEUSDT	+0.0016%	8h	0.09828	−0.039%	$165.6M	$493.6M	75x	as long as short
Gate DOGE_USDT	+0.0033%	8h	0.09829	−0.028%	$252.7M	$143.9M	75x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+7.101%	$6K	$240K	12x	as long as short
Phoenix DOGE	+0.0081%	1h	0.09850	+0.183%	$18K	$311K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09836	+0.044%	$815K	$6.4M	15x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps DOGE-USD	+0.0100%	8h	0.09831	−0.008%	$941	$540K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09818	−0.135%	$508K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09829	−0.025%	$4.9M	$57.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09823	−0.095%	$314K	$457K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09829	−0.028%	$325.1M	$1.59B	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09832	+0.002%	$117.7M	$1.10B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09832	+0.002%	$16K	$308K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09860	+0.287%	$376K	$2K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09832	+0.002%	$113.2M	$247.6M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09828	−0.039%	$65.0M	$45.5M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09831	−0.008%	—	$45.9M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09832	+0.002%	$306K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09847	+0.154%	$1.3M	$7.8M	—	as long as short
edgeX DOGEUSDCshort	+0.0100%	4h	0.09842	+0.107%	$264K	$132.0M	20x
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09845	+0.135%	$620K	$3.8M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09850	+0.185%	$139K	$344K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09826	−0.060%	$239K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09826	−0.059%	$68K	$414K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09829	−0.031%	$34K	$1.9M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09828	−0.039%	$2K	$5.3M	10x	as long as short
HTX DOGE-USDTlong	+0.0100%	8h	0.09832	long leg	$5.9M	$64.8M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.09829	−0.028%	$89.7M	$15.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09820	−0.119%	$18K	$5K	30x	as long as short
Hyperliquid DOGE	+0.0103%	1h	0.09840	+0.087%	$122.1M	$108.0M	10x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09820	−0.118%	$483K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09824	−0.074%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0136%	1h	0.09832	−0.001%	$453	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0206%	1h	0.09823	−0.090%	$2K	—	20x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0211% / S −0.0184%	1h	0.09831	−0.010%	$285K	—	200x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09824	−0.079%	$15.4M	$25.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0264%	1h	0.09832	+0.002%	$2.2M	$32.9M	50x	as long as short
dYdX DOGE-USD	+0.0485%	1h	0.09823	−0.087%	$231K	$75K	10x	as long as short
RISEx DOGE/USDC	+0.0587%	1h	0.09834	+0.023%	$408K	$402K	10x	as long as short