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: KuCoin against MEXC0.000%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$190.194% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days+0.010%+$1 · spread now 0.000%, 7d avg −0.010%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGE_USDT	0.1005	0.0100	pay 0.0100% / 8h	7h 21m	$113.0M	$225.1M	300x
Short	KuCoin DOGEUSDTM	0.1005	0.0100	get 0.0100% / 8h	7h 21m	$65.9M	$42.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.010%: $1.02
Slippage, 4 orders: −$7.36
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.34
Costs to cover: 0.194%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago	0.50 bp	0.5 bp $0	0.8 bp −$8	9.4 bp −$935	47.2 bp −$23.6K
Sell KuCoin live order book, 3 min ago	0.99 bp	9.5 bp −$9	13.4 bp −$134	32.7 bp −$3,267	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
Bitget DOGEUSDT	−0.0176%	8h	0.1003	−0.129%	$152.5M	$270.9M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0077%	1h	0.1006	+0.130%	$6.1M	$33.9M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1009	+0.441%	$419K	$4.8M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.1006	+0.138%	$605K	$121K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1006	+0.143%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0015%	1h	0.1005	+0.040%	$226K	$44K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1006	+0.128%	$791K	$5.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1005	+0.010%	$839	$412K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1004	−0.090%	$515K	$971K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1005	+0.038%	$4.9M	$46.5M	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	0.1005	+0.064%	$335K	$516K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1004	−0.092%	$319.0M	$1.40B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1004	−0.070%	$159.7M	$438.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1004	−0.060%	$111.1M	$968.6M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1006	+0.090%	$28K	$82K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1007	+0.222%	$386K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1004	−0.060%	$244.1M	$129.7M	75x	as long as short
MEXC DOGE_USDTlong	+0.0100%	8h	0.1005	long leg	$113.0M	$225.1M	300x
KuCoin DOGEUSDTMshort	+0.0100%	8h	0.1005	0.000%	$65.9M	$42.4M	75x
BingX DOGE-USDT	+0.0100%	8h	0.1005	0.000%	—	$76.1M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1006	+0.139%	$364K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1010	+0.566%	$1.0M	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1010	+0.518%	$265K	$124.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1010	+0.498%	$633K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1010	+0.518%	$148K	$268K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1004	−0.100%	$267K	$636K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1006	+0.119%	$73K	$424K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1006	+0.109%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1007	+0.194%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1006	+0.139%	$2K	$3.8M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1006	+0.165%	$6.0M	$52.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1006	+0.149%	$92.9M	$17.8M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1005	+0.018%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1005	−0.003%	$532K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1007	+0.170%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0182%	1h	0.1004	−0.061%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.1005	−0.014%	$530	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1010	+0.508%	$15.4M	$25.8M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1007	+0.209%	$2.0M	$25.0M	50x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1008	+0.361%	$65K	$283K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0272%	1h	0.1006	+0.136%	$316K	—	200x	as long as short
RISEx DOGE/USDC	+0.0701%	1h	0.1006	+0.079%	$325K	$404K	10x	as long as short
Hyperliquid DOGE	+0.0814%	1h	0.1007	+0.199%	$122.7M	$95.0M	10x	as long as short
Injective DOGE/USDC PERP	+0.0973%	1h	0.1012	+0.717%	$5K	$239K	12x	as long as short