Funding arb · Price arb /

DOGS

all DOGS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.3925%/8h= +429.8% APRpaid last 24h −0.379%

Price spread now: Kraken Futures against Binance+0.619%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$118 a day on $10k at the current rate, and Kraken Futures is 0.619% dearer against Binance than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGSUSDT	0.00005117	0.0100	pay 0.0050% / 4h	3h 20m	$2.2M	$3.1M	50x
Short	Kraken Futures PF_DOGSUSD	0.00005149	0.4025	get 0.0503% / 1h	20m 53s	$14K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.619%Rate

Funding earned: $824.32
Price spread: +0.619% → 0.000%: $61.94
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $866.26
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: live order book, 15 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 15 min ago	0.98 bp	30.5 bp −$31	172.7 bp −$1,727	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster DOGSUSDT	+0.0100%	4h	0.00005121	+0.078%	$5K	$31K	5x	as long as short
Binance DOGSUSDTlong	+0.0100%	4h	0.00005117	long leg	$2.2M	$3.1M	50x
Gate DOGS_USDT	+0.0100%	4h	0.00005117	0.000%	$187K	$518K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00005118	+0.020%	$3.4M	$245K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005116	−0.020%	$354K	$226K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00005118	+0.020%	$649K	$580K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00005117	0.000%	—	$1.3M	—	as long as short
SunX DOGS-USDT	+0.0100%	4h	0.00005125	+0.156%	$1K	$1.6M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005118	+0.012%	$2K	—	5x	as long as short
Kraken Futures PF_DOGSUSDshort	+0.4025%	1h	0.00005149	+0.619%	$14K	$3K	10x