Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against KuCoin+0.020%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.020%, 7d avg +0.002%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DOGEUSDTM	0.09818	0.0100	pay 0.0100% / 8h	5h 45m	$65.0M	$44.9M	75x
Short	OKX DOGE-USDT-SWAP	0.09820	0.0100	get 0.0100% / 8h	5h 45m	$118.3M	$1.09B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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 KuCoinbpFee OKXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → +0.002%: $1.81
Slippage, 4 orders: −$10.08
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.27
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 2 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 KuCoin live order book, 2 min ago	1.02 bp	9.2 bp −$9	17.1 bp −$171	43.5 bp −$4,349	doesn't fit
Sell OKX live order book, 2 min ago	0.51 bp	5.5 bp −$6	6.4 bp −$64	16.9 bp −$1,688	38.7 bp −$19.4K

DOGE on 43 exchanges

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	−0.0140%	1h	0.09833	+0.153%	$5.3M	$39.1M	50x	as long as short
Bitget DOGEUSDT	−0.0042%	8h	0.09809	−0.092%	$138.8M	$294.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09835	+0.173%	$523K	$6.1M	2.8x	as long as short
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09834	+0.161%	$550K	$292K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09826	+0.079%	$33K	—	150x	as long as short
Bybit DOGEUSDT	+0.0014%	8h	0.09813	−0.051%	$165.4M	$491.5M	75x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+7.252%	$6K	$240K	12x	as long as short
Gate DOGE_USDT	+0.0034%	8h	0.09813	−0.051%	$251.3M	$144.4M	75x	as long as short
Phoenix DOGE	+0.0081%	1h	0.09839	+0.217%	$18K	$311K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09826	+0.079%	$817K	$6.4M	15x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps DOGE-USD	+0.0100%	8h	0.09818	0.000%	$941	$538K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09816	−0.025%	$508K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09825	+0.073%	$121.9M	$108.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09819	+0.010%	$4.9M	$57.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09818	−0.001%	$313K	$436K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09819	+0.009%	$325.0M	$1.59B	75x	as long as short
OKX DOGE-USDT-SWAPshort	+0.0100%	8h	0.09820	+0.020%	$118.3M	$1.09B	50x
Arcus DOGE-USD	+0.0100%	1h	0.09821	+0.031%	$16K	$308K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09832	+0.138%	$375K	$2K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09818	0.000%	$113.2M	$248.0M	300x	as long as short
KuCoin DOGEUSDTMlong	+0.0100%	8h	0.09818	long leg	$65.0M	$44.9M	75x
BingX DOGE-USDT	+0.0100%	8h	0.09816	−0.020%	—	$45.9M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09825	+0.071%	$306K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09824	+0.061%	$1.3M	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09827	+0.095%	$264K	$132.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09827	+0.091%	$619K	$3.8M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09830	+0.122%	$138K	$343K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09812	−0.059%	$236K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09819	+0.010%	$68K	$413K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09834	+0.161%	$34K	$1.9M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09832	+0.143%	$2K	$5.2M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09836	+0.182%	$5.9M	$64.6M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09833	+0.153%	$89.8M	$15.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09816	−0.021%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09811	−0.069%	$483K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09817	−0.012%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0136%	1h	0.09821	+0.028%	$452	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0207%	1h	0.09827	+0.096%	$2K	—	20x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0211% / S −0.0184%	1h	0.09816	−0.023%	$285K	—	200x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09825	+0.071%	$15.4M	$25.6M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0264%	1h	0.09837	+0.194%	$2.2M	$32.8M	50x	as long as short
dYdX DOGE-USD	+0.0314%	1h	0.09816	−0.016%	$231K	$75K	10x	as long as short
RISEx DOGE/USDC	+0.0587%	1h	0.09823	+0.047%	$407K	$401K	10x	as long as short