Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0595%/8h= −65.1% APRpaid last 24h −0.159%

Price spread now: Binance against RISEx+0.051%7-day average −0.044% · 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−$15as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.349%−$35 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.051%, 7d avg −0.044%

Together, before fees−0.383%−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.094% dearer against RISEx than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of −0.044%): +$9 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DOGE/USDC	0.1006	0.0695	pay 0.0087% / 1h	13m 21s	$406K	$414K	10x
Short	Binance DOGEUSDT	0.1007	0.0100	get 0.0100% / 8h	4h 13m	$325.8M	$1.47B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now +0.051%Rate

Funding earned: −$124.93
Price spread: +0.051% → −0.044%: $9.45
Slippage, 4 orders: −$8.41
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$139.89
Costs to cover: 0.244%
Break-even: never at this rate

Slippage from RISEx: live order book, 45 min ago; Binance: live order book, 16 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 RISEx live order book, 45 min ago	3.54 bp	6.5 bp −$7	12.8 bp −$128	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.50 bp	5.8 bp −$6	8.8 bp −$88	22.2 bp −$2,216	47.1 bp −$23.5K

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	−0.0034%	8h	0.1005	−0.099%	$151.8M	$276.9M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0031%	1h	0.1003	−0.327%	$5.7M	$35.7M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1003	−0.296%	$395K	$5.2M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1006	+0.006%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0013%	1h	0.1005	−0.168%	$226K	$49K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1006	−0.062%	$737K	$6.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0098%	8h	0.1005	−0.139%	$908	$458K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1005	−0.089%	$528K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1006	−0.041%	$4.7M	$49.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1005	−0.084%	$326K	$484K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDTshort	+0.0100%	8h	0.1007	+0.051%	$325.8M	$1.47B	75x
Bybit DOGEUSDT	+0.0100%	8h	0.1006	−0.050%	$164.9M	$448.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1006	−0.050%	$114.7M	$1.02B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1003	−0.303%	$385K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1006	−0.020%	$248.0M	$135.3M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1006	+0.020%	$112.4M	$236.1M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1006	−0.060%	$66.7M	$43.8M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1006	0.000%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1003	−0.328%	$322K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1001	−0.499%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1003	−0.355%	$304K	$131.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1003	−0.281%	$638K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1004	−0.219%	$146K	$290K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1005	−0.089%	$258K	$870K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1007	+0.040%	$71K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1003	−0.342%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1004	−0.246%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1003	−0.308%	$2K	$4.0M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1003	−0.340%	$6.0M	$58.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1003	−0.298%	$92.2M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1005	−0.092%	$18K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1005	−0.122%	$493K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1003	−0.333%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0139%	1h	0.1003	−0.309%	$600K	$119K	25x	as long as short
Reya DOGERUSDPERP	+0.0190%	1h	0.1006	−0.032%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.1006	+0.001%	$536	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1003	−0.278%	$15.8M	$25.5M	75x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1003	−0.342%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0269%	1h	0.1006	+0.003%	$315K	—	200x	as long as short
Hyperliquid DOGE	+0.0266%	1h	0.1006	−0.002%	$122.8M	$101.8M	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0296%	1h	0.1003	−0.338%	$2.3M	$27.5M	50x	as long as short
Arcus DOGE-USD	+0.0690%	1h	0.1007	+0.060%	$110K	$199K	10x	as long as short
RISEx DOGE/USDClong	+0.0695%	1h	0.1006	long leg	$406K	$414K	10x
Injective DOGE/USDC PERP	+0.1004%	1h	0.1005	−0.119%	$5K	$239K	12x	as long as short