Funding arb · Price arb /

DOGE

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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: KuCoin against HTX−0.072%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.072%, 7d avg −0.032%

Together, before fees−0.022%−$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: KuCoin is 0.040% cheaper against HTX than usual: you would sell low and buy high, −$4 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	HTX DOGE-USDT	0.09899	0.0100	pay 0.0100% / 8h	4m 36s	$5.8M	$69.1M	75x
Short	KuCoin DOGEUSDTM	0.09892	0.0100	get 0.0100% / 8h	4m 36s	$66.0M	$49.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0
Price spread: −0.072% → −0.032%: −$4.01
Slippage, 4 orders: −$11.11
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$39.12
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; KuCoin: 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 HTX live order book, 5 min ago	0.45 bp	7.3 bp −$7	11.6 bp −$116	35.8 bp −$3,585	doesn't fit
Sell KuCoin live order book, 4 min ago	1.51 bp	9.0 bp −$9	15.0 bp −$150	38.5 bp −$3,850	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	0.09901	+0.015%	$5.5M	$40.8M	50x	as long as short
Bitget DOGEUSDT	−0.0003%	8h	0.09881	−0.183%	$140.1M	$347.6M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09896	−0.026%	$579K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09898	−0.013%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.373%	$6K	$242K	12x	as long as short
Polymarket Perps DOGE-USD	+0.0034%	1h	0.09898	−0.013%	$258K	$1.2M	10x	as long as short
dYdX DOGE-USD	+0.0039%	1h	0.09888	−0.117%	$222K	$63K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0093%	1h	0.09903	+0.042%	$569K	$262K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09895	−0.039%	$825K	$6.9M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09887	−0.117%	$535K	$1.1M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid DOGE	+0.0100%	1h	0.09903	+0.039%	$123.3M	$117.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09889	−0.105%	$4.9M	$59.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09892	−0.071%	$321K	$507K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09888	−0.112%	$326.6M	$1.72B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09881	−0.183%	$163.6M	$525.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09884	−0.153%	$115.1M	$1.20B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09888	−0.112%	$16K	$306K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09910	+0.110%	$378K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09883	−0.163%	$248.8M	$159.1M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09887	−0.122%	$116.5M	$259.6M	300x	as long as short
KuCoin DOGEUSDTMshort	+0.0100%	8h	0.09892	−0.072%	$66.0M	$49.9M	75x
BingX DOGE-USDT	+0.0100%	8h	0.09887	−0.122%	—	$54.2M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09901	+0.019%	$301K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09890	−0.090%	$1.0M	$8.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09904	+0.053%	$300K	$139.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09904	+0.051%	$627K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09910	+0.110%	$142K	$346K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09900	+0.009%	$71K	$478K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09907	+0.078%	$18K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09905	+0.062%	$34K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09898	−0.011%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDTlong	+0.0100%	8h	0.09899	long leg	$5.8M	$69.1M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.09899	−0.001%	$90.5M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09889	−0.098%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09883	−0.167%	$485K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09900	+0.014%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0106%	8h	0.09885	−0.142%	$1K	$542K	10x	as long as short
Phoenix DOGE	+0.0160%	1h	0.09904	+0.049%	$18K	$382K	10x	as long as short
Reya DOGERUSDPERP	+0.0201%	1h	0.09900	+0.004%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.09909	+0.100%	$1.9M	$35.0M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09896	−0.031%	$15.4M	$26.9M	75x	as long as short
01 Exchange DOGEUSD	+0.0240%	1h	0.09894	−0.055%	$440	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0377% / S −0.0750%	1h	0.09897	−0.016%	$616K	—	200x	as long as short
RISEx DOGE/USDC	+0.0731%	1h	0.09894	−0.052%	$398K	$456K	10x	as long as short