Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.015%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$120.123% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.015%, 7d avg −0.001%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOGEUSDT	0.1004	0.0100	pay 0.0100% / 8h	4h 15m	$324.9M	$1.47B	75x
Short	MEXC DOGE_USDT	0.1004	0.0100	get 0.0100% / 8h	4h 15m	$112.4M	$235.9M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → −0.001%: −$1.44
Slippage, 4 orders: −$2.32
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$13.76
Costs to cover: 0.123%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; MEXC: 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 Binance live order book, 14 min ago	0.50 bp	5.5 bp −$5	8.4 bp −$84	21.5 bp −$2,146	45.5 bp −$22.7K
Sell MEXC live order book, 4 min ago	0.50 bp	0.5 bp −$1	1.4 bp −$14	10.5 bp −$1,052	39.7 bp −$19.8K

DOGE on 44 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
Bitget DOGEUSDT	−0.0036%	8h	0.1003	−0.125%	$151.4M	$276.9M	75x	as long as short
Kraken Futures PF_DOGEUSD	−0.0031%	1h	0.1003	−0.027%	$5.7M	$35.7M	50x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1003	−0.118%	$395K	$5.2M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1003	−0.052%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0014%	1h	0.1002	−0.164%	$225K	$49K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1004	+0.026%	$736K	$6.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0098%	8h	0.1003	−0.095%	$906	$458K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1003	−0.115%	$527K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1003	−0.064%	$4.7M	$49.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1003	−0.100%	$325K	$484K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDTlong	+0.0100%	8h	0.1004	long leg	$324.9M	$1.47B	75x
Bybit DOGEUSDT	+0.0100%	8h	0.1003	−0.035%	$164.4M	$448.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1003	−0.045%	$114.3M	$1.02B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1002	−0.179%	$385K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1003	−0.055%	$247.3M	$135.2M	75x	as long as short
MEXC DOGE_USDTshort	+0.0100%	8h	0.1004	−0.015%	$112.4M	$235.9M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.1003	−0.045%	$66.5M	$43.8M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1003	−0.115%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1001	−0.314%	$321K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1001	−0.257%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1002	−0.143%	$304K	$131.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1003	−0.060%	$632K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1003	−0.075%	$146K	$289K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1003	−0.085%	$258K	$870K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1003	−0.035%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1003	−0.035%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1003	−0.033%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1003	−0.025%	$2K	$4.0M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1003	−0.061%	$6.0M	$58.3M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1004	−0.015%	$92.3M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1003	−0.099%	$18K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1003	−0.057%	$491K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1004	−0.007%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0149%	1h	0.1004	−0.002%	$600K	$119K	25x	as long as short
Reya DOGERUSDPERP	+0.0190%	1h	0.1003	−0.122%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.1004	+0.008%	$535	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1003	−0.035%	$15.8M	$25.5M	75x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1003	−0.099%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0269%	1h	0.1003	−0.055%	$314K	—	200x	as long as short
Hyperliquid DOGE	+0.0262%	1h	0.1004	+0.043%	$122.5M	$101.7M	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0296%	1h	0.1004	+0.014%	$2.3M	$27.5M	50x	as long as short
Arcus DOGE-USD	+0.0690%	1h	0.1005	+0.094%	$110K	$199K	10x	as long as short
RISEx DOGE/USDC	+0.0695%	1h	0.1004	+0.024%	$406K	$414K	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1005	+0.124%	$5K	$239K	12x	as long as short