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: SunX against Gate+0.221%7-day average +0.137% · you sell dearer than you buy

Net, funding: paid 7d − costs−$289as in the Funding arb table

Net, price: spread back to 7d avg − costs−$281as in the Price arb table

costs, in and out, $10k−$2892.894% of the position

Long on Gate 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 3 days (all we have)+0.044%+$4 · spread now +0.221%, 7d avg +0.137%

Together, before fees+0.044%+$4 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 0.084% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.137%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DOGS_USDT	0.00004978	0.0100	pay 0.0050% / 4h	1h 03m	$200K	$451K	20x
Short	SunX DOGS-USDT	0.00004989	0.0100	get 0.0050% / 4h	1h 03m	$2K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.221%Rate

Funding earned: $0
Price spread: +0.221% → +0.137%: $8.35
Slippage, 4 orders: −$266.41
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$281.06
Costs to cover: 2.894%
Break-even: never at this rate

Slippage from Gate: live order book, 12 min ago; SunX: live order book, 9 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 Gate live order book, 12 min ago	7.04 bp	69.1 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	31.16 bp	99.1 bp −$99	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	−0.1478%	1h	0.00004974	−0.086%	$13K	$2K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00004981	+0.060%	$6K	$18K	5x	as long as short
Binance DOGSUSDT	+0.0100%	4h	0.00004981	+0.060%	$2.1M	$2.3M	50x	as long as short
Gate DOGS_USDTlong	+0.0100%	4h	0.00004978	long leg	$200K	$451K	20x
MEXC DOGS_USDT	+0.0100%	4h	0.00004981	+0.060%	$3.2M	$247K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00004978	0.000%	$347K	$200K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00004979	+0.020%	$647K	$455K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00004982	+0.080%	—	$1.3M	—	as long as short
SunX DOGS-USDTshort	+0.0100%	4h	0.00004989	+0.221%	$2K	$1.2M	20x
Extended kDOGS-USD	+0.0104%	1h	0.00004981	+0.059%	$2K	—	5x	as long as short