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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC+0.040%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days−0.058%−$6 · spread now +0.040%, 7d avg −0.011%

Together, before fees−0.064%−$6 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: KuCoin is 0.051% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGE_USDT	0.09965	0.0100	pay 0.0100% / 8h	2h 44m	$113.5M	$250.6M	300x
Short	KuCoin DOGEUSDTM	0.09969	0.0100	get 0.0100% / 8h	2h 44m	$66.2M	$49.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → −0.011%: $5.08
Slippage, 4 orders: −$10.39
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$17.31
Costs to cover: 0.224%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago	0.50 bp	0.5 bp −$1	2.8 bp −$28	13.8 bp −$1,378	45.8 bp −$22.9K
Sell KuCoin live order book, 10 min ago	2.00 bp	11.8 bp −$12	21.4 bp −$214	47.4 bp −$4,739	doesn't fit

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
Polymarket Perps DOGE-USD	−0.0003%	1h	0.09960	−0.045%	$266K	$1.2M	10x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09979	+0.143%	$224K	$70K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09988	+0.234%	$645K	$6.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09963	−0.025%	$34K	—	150x	as long as short
Kraken Futures PF_DOGEUSD	+0.0002%	1h	0.09958	−0.066%	$5.5M	$39.6M	50x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0081%	1h	0.09965	−0.004%	$566K	$248K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09987	+0.221%	$741K	$6.5M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09967	+0.015%	$540K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09966	+0.006%	$4.5M	$56.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09982	+0.170%	$319K	$516K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.09964	−0.010%	$324.8M	$1.66B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09963	−0.020%	$162.8M	$513.1M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09964	−0.010%	$114.9M	$1.16B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1000	+0.355%	$384K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09962	−0.030%	$247.1M	$150.0M	75x	as long as short
MEXC DOGE_USDTlong	+0.0100%	8h	0.09965	long leg	$113.5M	$250.6M	300x
KuCoin DOGEUSDTMshort	+0.0100%	8h	0.09969	+0.040%	$66.2M	$49.2M	75x
Bitget DOGEUSDT	+0.0100%	8h	0.09958	−0.070%	$131.2M	$326.6M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09967	+0.020%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09977	+0.120%	$309K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09959	−0.063%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09982	+0.172%	$312K	$138.2M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09977	+0.120%	$631K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09980	+0.151%	$149K	$338K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09964	−0.010%	$64K	$464K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09962	−0.031%	$19K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09970	+0.049%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09958	−0.070%	$2K	$5.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09957	−0.080%	$5.9M	$67.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09979	+0.140%	$91.8M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09977	+0.125%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09957	−0.082%	$480K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09960	−0.052%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0113%	8h	0.09962	−0.030%	$1K	$517K	10x	as long as short
Hyperliquid DOGE	+0.0126%	1h	0.09973	+0.080%	$124.4M	$114.2M	10x	as long as short
01 Exchange DOGEUSD	+0.0160%	1h	0.09969	+0.037%	$443	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0194%	1h	0.09962	−0.032%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09976	+0.110%	$16.0M	$26.9M	75x	as long as short
Arcus DOGE-USD	+0.0231%	1h	0.09976	+0.110%	$108K	$207K	10x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09981	+0.163%	$18K	$382K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0251% / S −0.0288%	1h	0.09962	−0.031%	$322K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.09960	−0.050%	$2.0M	$33.8M	50x	as long as short
RISEx DOGE/USDC	+0.0686%	1h	0.09972	+0.068%	$402K	$440K	10x	as long as short
Injective DOGE/USDC PERP	+0.1217%	1h	0.1053	+5.670%	$6K	$242K	12x	as long as short