Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against edgeX−0.090%7-day average +0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on edgeX Short on HTX

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)+0.144%+$14 · spread now −0.090%, 7d avg +0.046%

Together, before fees+0.144%+ Points / potential airdropedgeX: Active · farm board+$14 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: HTX is 0.136% cheaper against edgeX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DOGEUSDC	0.1002	0.0100	pay 0.0050% / 4h	1h 15m	$304K	$140.3M	20x
Short	HTX DOGE-USDT	0.1001	0.0100	get 0.0100% / 8h	1h 15m	$5.9M	$68.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against edgeX. 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 edgeXbpFee HTXbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → +0.046%: −$13.61
Slippage, 4 orders: −$7.27
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$41.88
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from edgeX: live order book, 4 min ago; HTX: 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 edgeX live order book, 4 min ago	2.00 bp	6.5 bp −$6	6.9 bp −$69	14.0 bp −$1,396	doesn't fit
Sell HTX live order book, 4 min ago	0.30 bp	7.4 bp −$7	12.8 bp −$128	38.2 bp −$3,823	doesn't fit

DOGE on 43 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_DOGEUSD	−0.0082%	1h	0.1001	−0.148%	$5.7M	$40.6M	50x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1001	−0.123%	$225K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1001	−0.116%	$613K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.10000	−0.208%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.087%	$6K	$242K	12x	as long as short
Bitget DOGEUSDT	+0.0049%	8h	0.09998	−0.223%	$142.0M	$344.3M	75x	as long as short
Polymarket Perps DOGE-USD	+0.0049%	1h	0.09999	−0.217%	$263K	$1.2M	10x	as long as short
Phoenix DOGE	+0.0080%	1h	0.1002	+0.042%	$18K	$382K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1001	−0.090%	$849K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1001	−0.108%	$540K	$1.1M	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.1000	−0.161%	$4.5M	$58.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1001	−0.078%	$319K	$501K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1000	−0.173%	$329.6M	$1.72B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1000	−0.183%	$165.1M	$522.3M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1001	−0.143%	$117.4M	$1.21B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1003	+0.073%	$385K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09998	−0.223%	$249.9M	$157.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1001	−0.143%	$112.1M	$258.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1000	−0.163%	$66.8M	$50.1M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1001	−0.133%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1001	−0.063%	$303K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1001	−0.115%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDClong	+0.0100%	4h	0.1002	long leg	$304K	$140.3M	20x
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	−0.093%	$631K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1002	−0.003%	$148K	$340K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1000	−0.183%	$70K	$476K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1001	−0.120%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1000	−0.163%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDTshort	+0.0100%	8h	0.1001	−0.090%	$5.9M	$68.9M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.1001	−0.153%	$91.7M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1000	−0.175%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09998	−0.222%	$488K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1000	−0.172%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0108%	8h	0.1000	−0.173%	$836	$538K	10x	as long as short
Hyperliquid DOGE	+0.0137%	1h	0.1001	−0.063%	$124.5M	$116.6M	10x	as long as short
Reya DOGERUSDPERP	+0.0198%	1h	0.1000	−0.191%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1001	−0.103%	$16.2M	$27.1M	75x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0240%	1h	0.1001	−0.130%	$574K	$253K	25x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1001	−0.093%	$1.9M	$34.9M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.10000	−0.208%	$315K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0272%	1h	0.1001	−0.097%	$445	$4K	10x	as long as short
Arcus DOGE-USD	+0.0387%	1h	0.1000	−0.163%	$18K	$307K	10x	as long as short
RISEx DOGE/USDC	+0.0626%	1h	0.1001	−0.108%	$403K	$458K	10x	as long as short