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: Binance against BingX+0.040%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1171.172% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.053%−$5 · spread now +0.040%, 7d avg +0.009%

Together, before fees−0.053%−$5 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: Binance is 0.030% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DOGS-USDT	0.00005013	0.0100	pay 0.0050% / 4h	1h 09m	—	$1.3M	—
Short	Binance DOGSUSDT	0.00005015	0.0100	get 0.0050% / 4h	1h 09m	$2.2M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → +0.009%: $3.04
Slippage, 4 orders: −$97.17
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$114.13
Costs to cover: 1.172%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Binance: live order book, 11 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 BingX live order book, 2 min ago	4.97 bp	32.4 bp −$32	84.1 bp −$841	456.5 bp −$45.7K	643.8 bp −$321.9K
Sell Binance live order book, 11 min ago	2.99 bp	27.9 bp −$28	120.2 bp −$1,202	doesn't fit	doesn't fit

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	−0.2488%	1h	0.00005007	−0.119%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005016	+0.060%	$6K	$22K	5x	as long as short
Binance DOGSUSDTshort	+0.0100%	4h	0.00005015	+0.040%	$2.2M	$2.5M	50x
Gate DOGS_USDT	+0.0100%	4h	0.00005012	−0.020%	$191K	$484K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00005013	0.000%	$3.2M	$223K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005013	0.000%	$340K	$193K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00005013	0.000%	$589K	$513K	50x	as long as short
BingX DOGS-USDTlong	+0.0100%	4h	0.00005013	long leg	—	$1.3M	—
SunX DOGS-USDT	+0.0100%	4h	0.00005030	+0.339%	$2K	$1.3M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005013	−0.005%	$2K	—	5x	as long as short