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 HTX+0.189%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

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

costs, in and out, $10k−$150.151% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 3 days (all we have)−0.195%−$20 · spread now +0.189%, 7d avg −0.033%

Together, before fees−0.253%−$25 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 0.222% dearer against HTX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DOGE-USDT	0.1006	0.0100	pay 0.0100% / 8h	7h 04m	$6.0M	$53.0M	75x
Short	MEXC DOGE_USDT	0.1008	0.0100	get 0.0100% / 8h	7h 04m	$113.6M	$226.4M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.189%Rate

Funding earned: $0
Price spread: +0.189% → −0.033%: $22.18
Slippage, 4 orders: −$3.11
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: $7.07
Costs to cover: 0.151%
Break-even: from the start

Slippage from HTX: live order book, 4 min ago; MEXC: 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, 4 min ago	0.05 bp	6.7 bp −$7	14.5 bp −$145	43.6 bp −$4,363	doesn't fit
Sell MEXC live order book, 4 min ago	0.50 bp	0.5 bp $0	1.3 bp −$13	10.6 bp −$1,055	46.2 bp −$23.1K

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
Bitget DOGEUSDT	−0.0163%	8h	0.1008	+0.219%	$153.1M	$271.6M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0077%	1h	0.1006	+0.027%	$6.0M	$33.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1007	+0.116%	$416K	$4.9M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1006	+0.017%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0010%	1h	0.1007	+0.062%	$226K	$44K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0028%	1h	0.1007	+0.050%	$605K	$119K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.1009	+0.343%	$797K	$5.9M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1007	+0.070%	$845	$425K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1007	+0.060%	$516K	$972K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1006	+0.030%	$5.1M	$46.8M	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	0.1007	+0.148%	$336K	$512K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1009	+0.264%	$320.7M	$1.41B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1008	+0.219%	$160.8M	$439.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1008	+0.249%	$111.3M	$973.6M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1008	+0.179%	$28K	$95K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1009	+0.331%	$387K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1008	+0.169%	$245.2M	$131.6M	75x	as long as short
MEXC DOGE_USDTshort	+0.0100%	8h	0.1008	+0.189%	$113.6M	$226.4M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.1008	+0.179%	$66.2M	$42.5M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1007	+0.109%	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1006	+0.040%	$366K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1006	+0.016%	$994K	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1009	+0.263%	$270K	$125.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1011	+0.486%	$645K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1012	+0.596%	$149K	$268K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1006	0.000%	$264K	$635K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1006	+0.030%	$74K	$426K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1006	+0.004%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1007	+0.134%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1006	+0.040%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDTlong	+0.0100%	8h	0.1006	long leg	$6.0M	$53.0M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.1006	+0.030%	$92.9M	$17.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1007	+0.096%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1007	+0.051%	$531K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1006	+0.021%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0168%	1h	0.1007	+0.141%	$532	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0183%	1h	0.1006	+0.044%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1007	+0.050%	$15.5M	$25.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1007	+0.060%	$2.0M	$25.2M	50x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1008	+0.157%	$65K	$283K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0271%	1h	0.1006	+0.010%	$316K	—	200x	as long as short
RISEx DOGE/USDC	+0.0701%	1h	0.1008	+0.149%	$325K	$404K	10x	as long as short
Hyperliquid DOGE	+0.0761%	1h	0.1010	+0.398%	$123.5M	$95.9M	10x	as long as short
Injective DOGE/USDC PERP	+0.0973%	1h	0.1012	+0.596%	$5K	$239K	12x	as long as short