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 −0.005%

Price spread now: Gate against MEXC−0.080%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$210.213% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.080%, 7d avg −0.011%

Together, before fees+0.059%+$6 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: Gate is 0.068% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGE_USDT	0.1001	0.0100	pay 0.0100% / 8h	1h 50m	$110.9M	$257.3M	300x
Short	Gate DOGE_USDT	0.1001	0.0100	get 0.0100% / 8h	1h 50m	$251.5M	$154.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now −0.080%Rate

Funding earned: $0
Price spread: −0.080% → −0.011%: −$6.84
Slippage, 4 orders: −$6.28
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$28.12
Costs to cover: 0.213%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Gate: 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 MEXC live order book, 4 min ago	0.50 bp	0.5 bp −$1	2.5 bp −$25	12.0 bp −$1,198	45.3 bp −$22.7K
Sell Gate live order book, 4 min ago	0.50 bp	9.3 bp −$9	16.8 bp −$168	33.2 bp −$3,318	52.7 bp −$26.3K

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	−0.0082%	1h	0.1001	−0.014%	$5.7M	$40.4M	50x	as long as short
Polymarket Perps DOGE-USD	−0.0001%	1h	0.1001	−0.020%	$268K	$1.2M	10x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1001	−0.048%	$225K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09997	−0.160%	$601K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1001	−0.055%	$34K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.163%	$6K	$242K	12x	as long as short
Phoenix DOGE	+0.0080%	1h	0.1001	−0.076%	$18K	$382K	10x	as long as short
Bitget DOGEUSDT	+0.0080%	8h	0.1000	−0.130%	$142.5M	$344.2M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1002	+0.032%	$855K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1000	−0.115%	$540K	$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
Aster DOGEUSDT	+0.0100%	8h	0.1000	−0.127%	$4.6M	$58.5M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1001	−0.003%	$320K	$501K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1000	−0.127%	$328.4M	$1.71B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09992	−0.210%	$165.4M	$520.0M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09994	−0.190%	$117.2M	$1.20B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09990	−0.230%	$384K	$16K	10x	as long as short
Gate DOGE_USDTshort	+0.0100%	8h	0.1001	−0.080%	$251.5M	$154.3M	75x
MEXC DOGE_USDTlong	+0.0100%	8h	0.1001	long leg	$110.9M	$257.3M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.1001	−0.040%	$66.6M	$50.1M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1001	−0.030%	—	$80.9M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1001	−0.040%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09992	−0.211%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09994	−0.189%	$303K	$140.2M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09988	−0.252%	$639K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09980	−0.330%	$150K	$337K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1001	−0.040%	$66K	$467K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1001	−0.064%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1002	+0.116%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1001	−0.020%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1001	−0.040%	$6.0M	$69.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1001	0.000%	$92.0M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1002	+0.065%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1000	−0.086%	$488K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1001	−0.044%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0110%	8h	0.1002	+0.040%	$837	$530K	10x	as long as short
Hyperliquid DOGE	+0.0115%	1h	0.1002	+0.020%	$124.1M	$116.2M	10x	as long as short
Reya DOGERUSDPERP	+0.0196%	1h	0.1001	+0.018%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1000	−0.120%	$16.2M	$27.1M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1001	+0.010%	$1.9M	$34.8M	50x	as long as short
01 Exchange DOGEUSD	+0.0248%	1h	0.1002	+0.102%	$446	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0251% / S −0.0297%	1h	0.1001	−0.037%	$315K	—	200x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0260%	1h	0.1001	−0.013%	$574K	$252K	25x	as long as short
Arcus DOGE-USD	+0.0387%	1h	0.1002	+0.080%	$27K	$300K	10x	as long as short
RISEx DOGE/USDC	+0.0626%	1h	0.1003	+0.125%	$404K	$457K	10x	as long as short