Funding arb · Price arb /

DOGS

all DOGS markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Binance against Bitget+0.040%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1091.093% of the position

Long on Bitget 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 4 days (all we have)−0.114%−$11 · spread now +0.040%, 7d avg −0.002%

Together, before fees−0.114%−$11 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 0.042% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DOGSUSDT	0.00004959	0.0100	pay 0.0050% / 4h	2h 12m	$647K	$469K	50x
Short	Binance DOGSUSDT	0.00004961	0.0100	get 0.0050% / 4h	2h 12m	$2.1M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → −0.002%: $4.22
Slippage, 4 orders: −$87.28
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$105.06
Costs to cover: 1.093%
Break-even: never at this rate

Slippage from Bitget: live order book, 8 min ago; Binance: live order book, 8 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 Bitget live order book, 8 min ago	11.08 bp	29.4 bp −$29	156.2 bp −$1,562	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	1.01 bp	28.2 bp −$28	120.6 bp −$1,206	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	−0.1522%	1h	0.00004951	−0.160%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00004962	+0.060%	$6K	$18K	5x	as long as short
Binance DOGSUSDTshort	+0.0100%	4h	0.00004961	+0.040%	$2.1M	$2.3M	50x
Gate DOGS_USDT	+0.0100%	4h	0.00004960	+0.020%	$202K	$455K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00004959	0.000%	$3.1M	$252K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00004960	+0.020%	$358K	$199K	50x	as long as short
Bitget DOGSUSDTlong	+0.0100%	4h	0.00004959	long leg	$647K	$469K	50x
BingX DOGS-USDT	+0.0100%	4h	0.00004962	+0.060%	—	$1.3M	—	as long as short
SunX DOGS-USDT	+0.0100%	4h	0.00004964	+0.101%	$2K	$1.2M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00004960	+0.010%	$2K	—	5x	as long as short