Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%

Price spread now: Arcus against SunX−0.023%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$610.608% of the position

Long on SunX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.024%+$2 on $10k

Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.023%, 7d avg −0.019%

Together, before fees+0.060%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGE-USDT	0.09764	0.0100	pay 0.0100% / 8h	4h 48m	$34K	$1.9M	30x
Short	Arcus DOGE-USD	0.09762	0.0100	get 0.0013% / 1h	48m 25s	$15K	$308K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against SunX. 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 SunXbpFee ArcusbpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → −0.019%: −$0.35
Slippage, 4 orders: −$48.28
Fee SunX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$61.13
Costs to cover: 0.608%
Break-even: never at this rate

Slippage from SunX: live order book, 2 min ago; Arcus: live order book, 58 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 SunX live order book, 2 min ago	12.40 bp	16.4 bp −$16	26.4 bp −$264	doesn't fit	doesn't fit
Sell Arcus live order book, 58 min ago	1.52 bp	7.1 bp −$7	23.9 bp −$239	doesn't fit	doesn't fit

DOGE on 44 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	−0.0080%	1h	0.09760	−0.039%	$5.3M	$39.0M	50x	as long as short
Bitget DOGEUSDT	−0.0053%	8h	0.09753	−0.115%	$137.6M	$289.4M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09726	−0.396%	$497K	$6.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09755	−0.091%	$32K	—	150x	as long as short
Bybit DOGEUSDT	+0.0006%	8h	0.09755	−0.094%	$163.9M	$493.6M	75x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+7.843%	$6K	$240K	12x	as long as short
Gate DOGE_USDT	+0.0068%	8h	0.09753	−0.115%	$251.0M	$142.9M	75x	as long as short
dYdX DOGE-USD	+0.0079%	1h	0.09765	+0.004%	$229K	$75K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09777	+0.129%	$798K	$6.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09759	−0.053%	$934	$532K	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09765	+0.008%	$18K	$5K	30x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09749	−0.151%	$506K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09761	−0.031%	$120.6M	$107.3M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09756	−0.086%	$4.9M	$57.5M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09770	+0.055%	$309K	$442K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09757	−0.077%	$322.2M	$1.60B	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09760	−0.043%	$115.8M	$1.09B	50x	as long as short
Arcus DOGE-USDshort	+0.0100%	1h	0.09762	−0.023%	$15K	$308K	10x
Bulk DOGE-USD	+0.0100%	1h	0.09786	+0.228%	$374K	$5K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09756	−0.084%	$112.6M	$251.5M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09755	−0.094%	$63.9M	$45.1M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09749	−0.156%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09737	−0.279%	$307K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09762	−0.023%	$1.3M	$7.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09767	+0.028%	$255K	$124.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09768	+0.039%	$626K	$3.9M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09770	+0.059%	$137K	$345K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09750	−0.146%	$206K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09761	−0.033%	$67K	$421K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09759	−0.058%	$18K	$6K	10x	as long as short
SunX DOGE-USDTlong	+0.0100%	8h	0.09764	long leg	$34K	$1.9M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.09760	−0.043%	$2K	$5.2M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09731	−0.336%	$5.9M	$64.6M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09737	−0.279%	$88.5M	$15.7M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09755	−0.092%	$495K	$3.4M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09758	−0.059%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0160%	1h	0.09763	−0.014%	$544K	$292K	25x	as long as short
Phoenix DOGE	+0.0163%	1h	0.09774	+0.104%	$18K	$306K	10x	as long as short
01 Exchange DOGEUSD	+0.0184%	1h	0.09764	−0.004%	$449	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0206% / S −0.0187%	1h	0.09754	−0.102%	$285K	—	200x	as long as short
Reya DOGERUSDPERP	+0.0209%	1h	0.09748	−0.162%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09722	−0.432%	$15.4M	$25.6M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09756	−0.084%	$2.3M	$32.6M	50x	as long as short
RISEx DOGE/USDC	+0.0631%	1h	0.09763	−0.012%	$404K	$392K	10x	as long as short