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: HTX against OKX+0.168%7-day average +0.037% · 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−$14as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.168%, 7d avg +0.037%

Together, before fees−0.124%−$12 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: HTX is 0.132% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DOGE-USDT-SWAP	0.09913	0.0100	pay 0.0100% / 8h	9m 57s	$115.2M	$1.20B	50x
Short	HTX DOGE-USDT	0.09930	0.0100	get 0.0100% / 8h	9m 57s	$5.9M	$69.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now +0.168%Rate

Funding earned: $0
Price spread: +0.168% → +0.037%: $13.19
Slippage, 4 orders: −$5.3
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$14.11
Costs to cover: 0.273%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; HTX: 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 OKX live order book, 4 min ago	0.50 bp	5.5 bp −$6	6.8 bp −$68	17.8 bp −$1,778	38.9 bp −$19.4K
Sell HTX live order book, 4 min ago	0.25 bp	7.0 bp −$7	10.4 bp −$104	34.5 bp −$3,452	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	0.09928	+0.156%	$5.6M	$40.8M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09918	+0.054%	$579K	$6.6M	2.8x	as long as short
Bitget DOGEUSDT	+0.0001%	8h	0.09907	−0.061%	$140.4M	$347.8M	75x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09924	+0.110%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.224%	$6K	$242K	12x	as long as short
Polymarket Perps DOGE-USD	+0.0037%	1h	0.09922	+0.088%	$258K	$1.2M	10x	as long as short
dYdX DOGE-USD	+0.0044%	1h	0.09915	+0.021%	$223K	$63K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09934	+0.207%	$829K	$6.9M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09927	+0.136%	$537K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09927	+0.145%	$123.6M	$117.3M	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	0.09916	+0.031%	$5.0M	$59.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09917	+0.039%	$322K	$509K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09916	+0.030%	$327.5M	$1.73B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09911	−0.020%	$163.8M	$525.5M	75x	as long as short
OKX DOGE-USDT-SWAPlong	+0.0100%	8h	0.09913	long leg	$115.2M	$1.20B	50x
Arcus DOGE-USD	+0.0100%	1h	0.09923	+0.101%	$16K	$311K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09918	+0.054%	$379K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09918	+0.050%	$249.5M	$158.7M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09922	+0.091%	$117.3M	$259.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09928	+0.151%	$66.2M	$49.9M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09919	+0.061%	—	$54.2M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09921	+0.081%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09900	−0.128%	$1.0M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09902	−0.115%	$300K	$140.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09909	−0.040%	$627K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09910	−0.030%	$142K	$346K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09926	+0.131%	$71K	$478K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09917	+0.041%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09924	+0.113%	$34K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09929	+0.161%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDTshort	+0.0100%	8h	0.09930	+0.168%	$5.9M	$69.1M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.09925	+0.121%	$90.8M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09911	−0.023%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09908	−0.049%	$485K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09927	+0.136%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0106%	8h	0.09917	+0.040%	$829	$541K	10x	as long as short
Phoenix DOGE	+0.0160%	1h	0.09911	−0.022%	$18K	$382K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0193%	1h	0.09931	+0.183%	$571K	$261K	25x	as long as short
Reya DOGERUSDPERP	+0.0200%	1h	0.09926	+0.132%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.09929	+0.161%	$1.9M	$35.1M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09913	0.000%	$15.4M	$26.9M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0235% / S −0.0245%	1h	0.09924	+0.107%	$277K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0240%	1h	0.09928	+0.148%	$441	$4K	10x	as long as short
RISEx DOGE/USDC	+0.0731%	1h	0.09928	+0.156%	$399K	$456K	10x	as long as short