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 MEXC+0.040%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$860.863% of the position

Long on MEXC 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−0.087%−$9 · spread now +0.040%, 7d avg +0.006%

Together, before fees−0.087%−$9 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 0.034% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGS_USDT	0.00005006	0.0100	pay 0.0050% / 4h	2h 15m	$3.2M	$253K	200x
Short	Binance DOGSUSDT	0.00005008	0.0100	get 0.0050% / 4h	2h 15m	$2.2M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → +0.006%: $3.4
Slippage, 4 orders: −$72.26
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$82.86
Costs to cover: 0.863%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Binance: 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 MEXC live order book, 1 min ago	2.99 bp	19.0 bp −$19	70.6 bp −$706	182.3 bp −$18.2K	368.5 bp −$184.2K
Sell Binance live order book, 4 min ago	1.99 bp	26.6 bp −$27	111.9 bp −$1,119	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	−0.1874%	1h	0.00005003	−0.055%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005011	+0.100%	$7K	$21K	5x	as long as short
Binance DOGSUSDTshort	+0.0100%	4h	0.00005008	+0.040%	$2.2M	$2.5M	50x
Gate DOGS_USDT	+0.0100%	4h	0.00005007	+0.020%	$190K	$487K	20x	as long as short
MEXC DOGS_USDTlong	+0.0100%	4h	0.00005006	long leg	$3.2M	$253K	200x
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005006	0.000%	$340K	$206K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00005006	0.000%	$640K	$498K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00005008	+0.040%	—	$1.3M	—	as long as short
SunX DOGS-USDT	+0.0100%	4h	0.00005022	+0.320%	$1K	$1.3M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005010	+0.074%	$2K	—	5x	as long as short