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: OKX against SunX−0.070%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$580.579% of the position

Long on SunX Short on OKX

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)+0.052%+$5 · spread now −0.070%, 7d avg −0.046%

Together, before fees−0.007%−$1 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: OKX is 0.024% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGE-USDT	0.09984	0.0100	pay 0.0100% / 8h	2h 49m	$35K	$2.3M	30x
Short	OKX DOGE-USDT-SWAP	0.09977	0.0100	get 0.0100% / 8h	2h 49m	$114.4M	$1.16B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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 SunXbpFee OKXbpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.046%: −$2.44
Slippage, 4 orders: −$39.93
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$60.37
Costs to cover: 0.579%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; OKX: 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 SunX live order book, 7 min ago	14.33 bp	18.3 bp −$18	22.0 bp −$220	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.50 bp	5.6 bp −$6	9.0 bp −$90	21.7 bp −$2,169	44.0 bp −$22.0K

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
dYdX DOGE-USD	0.0000%	1h	0.09975	−0.087%	$224K	$70K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09993	+0.091%	$646K	$6.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09980	−0.038%	$34K	—	150x	as long as short
Kraken Futures PF_DOGEUSD	+0.0002%	1h	0.09965	−0.190%	$5.5M	$39.6M	50x	as long as short
Polymarket Perps DOGE-USD	+0.0009%	1h	0.09976	−0.077%	$265K	$1.2M	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09983	−0.009%	$737K	$6.5M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09983	−0.010%	$541K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09975	−0.086%	$4.4M	$56.4M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09978	−0.062%	$319K	$516K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09976	−0.083%	$324.7M	$1.66B	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.09974	−0.100%	$162.7M	$512.0M	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.09977	−0.070%	$114.4M	$1.16B	50x
Bulk DOGE-USD	+0.0100%	1h	0.1000	+0.164%	$384K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09969	−0.150%	$245.9M	$149.4M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09976	−0.080%	$114.2M	$250.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09979	−0.050%	$66.3M	$49.2M	75x	as long as short
Bitget DOGEUSDT	+0.0100%	8h	0.09976	−0.080%	$131.8M	$325.5M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09973	−0.110%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09959	−0.250%	$309K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1000	+0.188%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09997	+0.130%	$312K	$137.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09999	+0.150%	$632K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1000	+0.160%	$150K	$336K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09979	−0.050%	$64K	$464K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09977	−0.071%	$19K	$7K	10x	as long as short
SunX DOGE-USDTlong	+0.0100%	8h	0.09984	long leg	$35K	$2.3M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.09965	−0.190%	$2K	$5.2M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09964	−0.198%	$5.9M	$67.0M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09969	−0.150%	$91.7M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09974	−0.097%	$18K	$5K	30x	as long as short
Hyperliquid DOGE	+0.0102%	1h	0.09980	−0.040%	$124.5M	$114.1M	10x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09965	−0.192%	$480K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09978	−0.060%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0111%	1h	0.09981	−0.035%	$567K	$248K	25x	as long as short
Katana Perps DOGE-USD	+0.0114%	8h	0.09994	+0.100%	$1K	$516K	10x	as long as short
01 Exchange DOGEUSD	+0.0160%	1h	0.09999	+0.146%	$445	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0193%	1h	0.09980	−0.037%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1001	+0.210%	$16.0M	$26.9M	75x	as long as short
Arcus DOGE-USD	+0.0231%	1h	0.09991	+0.070%	$108K	$207K	10x	as long as short
Phoenix DOGE	+0.0240%	1h	0.1001	+0.226%	$18K	$382K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0252% / S −0.0289%	1h	0.09981	−0.031%	$323K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.09968	−0.160%	$2.0M	$33.8M	50x	as long as short
RISEx DOGE/USDC	+0.0686%	1h	0.10000	+0.155%	$403K	$439K	10x	as long as short
Injective DOGE/USDC PERP	+0.1217%	1h	0.1053	+5.469%	$6K	$242K	12x	as long as short