Funding arb · Price arb /

DOGS

all DOGS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance−0.060%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1081.079% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.056%+$6 · spread now −0.060%, 7d avg −0.010%

Together, before fees+0.056%+$6 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: BingX is 0.050% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGSUSDT	0.00005021	0.0100	pay 0.0050% / 4h	1h 55m	$2.2M	$2.5M	50x
Short	BingX DOGS-USDT	0.00005018	0.0100	get 0.0050% / 4h	1h 55m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.060%Rate

Funding earned: $0
Price spread: −0.060% → −0.010%: −$5
Slippage, 4 orders: −$87.92
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$112.92
Costs to cover: 1.079%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; BingX: live order book, 5 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 Binance live order book, 9 min ago	2.00 bp	24.3 bp −$24	150.8 bp −$1,508	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	6.99 bp	27.4 bp −$27	89.4 bp −$894	470.4 bp −$47.0K	670.4 bp −$335.2K

DOGS on 10 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_DOGSUSD	−0.2485%	1h	0.00005013	−0.159%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005020	−0.020%	$7K	$22K	5x	as long as short
Binance DOGSUSDTlong	+0.0100%	4h	0.00005021	long leg	$2.2M	$2.5M	50x
Gate DOGS_USDT	+0.0100%	4h	0.00005016	−0.100%	$192K	$472K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00005023	+0.040%	$3.2M	$220K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005020	−0.020%	$338K	$206K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00005020	−0.020%	$604K	$510K	50x	as long as short
BingX DOGS-USDTshort	+0.0100%	4h	0.00005018	−0.060%	—	$1.3M	—
SunX DOGS-USDT	+0.0100%	4h	0.00005036	+0.299%	$2K	$1.3M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005024	+0.055%	$2K	—	5x	as long as short