Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0463%/8h= +50.7% APRpaid last 24h +0.158%

Price spread now: RISEx against MEXC+0.045%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$100.100% of the position

Long on MEXC Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.332%+$33 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.045%, 7d avg +0.048%

Together, before fees+0.312%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGE_USDT	0.09895	0.0100	pay 0.0100% / 8h	6h 34m	$109.1M	$229.0M	300x
Short	RISEx DOGE/USDC	0.09899	0.0563	get 0.0070% / 1h	34m 31s	$318K	$404K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.045%Rate

Funding earned: $97.21
Price spread: +0.045% → +0.048%: −$0.26
Slippage, 4 orders: −$3.99
Fee MEXC: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: $86.96
Costs to cover: 0.100%
Break-even: 0.7 days

Slippage from MEXC: live order book, 5 min ago; RISEx: live order book, 34 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, 5 min ago	0.51 bp	0.5 bp −$1	2.2 bp −$22	10.7 bp −$1,073	43.1 bp −$21.5K
Sell RISEx live order book, 34 min ago	1.49 bp	4.5 bp −$4	10.4 bp −$104	doesn't fit	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	−0.0124%	8h	0.09889	−0.061%	$149.9M	$273.6M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09882	−0.132%	$387K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09884	−0.115%	$23K	—	150x	as long as short
dYdX DOGE-USD	+0.0022%	1h	0.09895	+0.002%	$222K	$51K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0067%	1h	0.09887	−0.081%	$5.8M	$34.2M	50x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0094%	1h	0.09889	−0.062%	$591K	$118K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09904	+0.087%	$769K	$6.0M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09889	−0.061%	$826	$430K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09894	−0.010%	$482K	$975K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09897	+0.018%	$4.6M	$48.3M	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	0.09897	+0.022%	$327K	$504K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09897	+0.017%	$313.7M	$1.43B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09895	0.000%	$156.9M	$443.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09901	+0.061%	$109.0M	$976.0M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09910	+0.152%	$127K	$178K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09870	−0.253%	$378K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09891	−0.040%	$240.5M	$131.5M	75x	as long as short
MEXC DOGE_USDTlong	+0.0100%	8h	0.09895	long leg	$109.1M	$229.0M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.09897	+0.020%	$65.4M	$43.1M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09895	0.000%	—	$76.6M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09895	0.000%	$342K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09884	−0.111%	$973K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09843	−0.526%	$270K	$127.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09848	−0.470%	$618K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09860	−0.354%	$144K	$276K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09893	−0.022%	$255K	$642K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09891	−0.040%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09889	−0.060%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09887	−0.080%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09890	−0.051%	$2K	$3.7M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09891	−0.036%	$5.9M	$54.7M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09889	−0.061%	$91.2M	$17.5M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09894	−0.011%	$523K	$3.9M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09892	−0.025%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0113%	8h	0.09895	+0.002%	$18K	$6K	30x	as long as short
Reya DOGERUSDPERP	+0.0184%	1h	0.09896	+0.014%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0192%	1h	0.09895	0.000%	$527	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09978	+0.839%	$15.4M	$25.6M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09877	−0.182%	$2.0M	$24.9M	50x	as long as short
Phoenix DOGE	+0.0241%	1h	0.09865	−0.304%	$64K	$284K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0245% / S −0.0267%	1h	0.09881	−0.138%	$308K	—	200x	as long as short
RISEx DOGE/USDCshort	+0.0563%	1h	0.09899	+0.045%	$318K	$404K	10x
Hyperliquid DOGE	+0.0700%	1h	0.09910	+0.157%	$120.6M	$97.2M	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.09900	+0.051%	$5K	$239K	12x	as long as short