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: SunX against BingX+0.199%7-day average +0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$265as in the Funding arb table

Net, price: spread back to 7d avg − costs−$257as in the Price arb table

costs, in and out, $10k−$2652.654% of the position

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.199%, 7d avg +0.111%

Together, before fees−0.073%−$7 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: SunX is 0.088% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.111%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX DOGS-USDT	0.00005030	0.0100	pay 0.0050% / 4h	1h 29m	—	$1.3M	—
Short	SunX DOGS-USDT	0.00005040	0.0100	get 0.0050% / 4h	1h 29m	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.199%Rate

Funding earned: $0
Price spread: +0.199% → +0.111%: $8.79
Slippage, 4 orders: −$247.37
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$256.58
Costs to cover: 2.654%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; SunX: 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 BingX live order book, 1 min ago	5.96 bp	32.1 bp −$32	86.0 bp −$860	438.1 bp −$43.8K	648.0 bp −$324.0K
Sell SunX live order book, 4 min ago	32.82 bp	131.5 bp −$131	doesn't fit	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	−0.2479%	1h	0.00005024	−0.120%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005035	+0.099%	$6K	$22K	5x	as long as short
Binance DOGSUSDT	+0.0100%	4h	0.00005030	0.000%	$2.2M	$2.5M	50x	as long as short
Gate DOGS_USDT	+0.0100%	4h	0.00005028	−0.040%	$192K	$479K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00005028	−0.040%	$3.3M	$222K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005025	−0.099%	$338K	$208K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00005026	−0.080%	$600K	$513K	50x	as long as short
BingX DOGS-USDTlong	+0.0100%	4h	0.00005030	long leg	—	$1.3M	—
SunX DOGS-USDTshort	+0.0100%	4h	0.00005040	+0.199%	$1K	$1.3M	20x
Extended kDOGS-USD	+0.0104%	1h	0.00005029	−0.028%	$2K	—	5x	as long as short