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: KuCoin against SunX−0.099%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1351.347% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.099%, 7d avg −0.041%

Together, before fees−0.033%−$3 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 0.057% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGE-USDT	0.09935	0.0100	pay 0.0100% / 8h	6h 15m	$35K	$2.2M	30x
Short	KuCoin DOGEUSDTM	0.09925	0.0100	get 0.0100% / 8h	6h 15m	$65.6M	$43.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.099%Rate

Funding earned: $0
Price spread: −0.099% → −0.041%: −$5.73
Slippage, 4 orders: −$114.71
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$140.44
Costs to cover: 1.347%
Break-even: never at this rate

Slippage from SunX: live order book, 1 min ago; KuCoin: 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 SunX live order book, 1 min ago	52.03 bp	56.1 bp −$56	61.1 bp −$611	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	0.50 bp	10.8 bp −$11	17.7 bp −$177	47.8 bp −$4,780	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
Bitget DOGEUSDT	−0.0104%	8h	0.09918	−0.169%	$150.4M	$273.4M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09948	+0.138%	$391K	$5.0M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09936	+0.014%	$23K	—	150x	as long as short
dYdX DOGE-USD	+0.0013%	1h	0.09922	−0.129%	$223K	$49K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0062%	1h	0.09936	+0.013%	$594K	$118K	25x	as long as short
Kraken Futures PF_DOGEUSD	+0.0067%	1h	0.09928	−0.064%	$5.8M	$34.2M	50x	as long as short
Lighter DOGE	+0.0096%	1h	0.09931	−0.040%	$819K	$6.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09923	−0.119%	$829	$428K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09918	−0.169%	$532K	$991K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09926	−0.091%	$4.6M	$48.2M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	0.09924	−0.112%	$326K	$503K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09921	−0.139%	$314.7M	$1.43B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09920	−0.149%	$157.1M	$440.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09928	−0.068%	$110.0M	$977.3M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09936	+0.012%	$128K	$178K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09945	+0.099%	$381K	$5K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09919	−0.159%	$240.8M	$132.8M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09923	−0.119%	$110.9M	$230.3M	300x	as long as short
KuCoin DOGEUSDTMshort	+0.0100%	8h	0.09925	−0.099%	$65.6M	$43.0M	75x
BingX DOGE-USDT	+0.0100%	8h	0.09922	−0.129%	—	$76.3M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09927	−0.079%	$339K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09935	−0.001%	$991K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09925	−0.094%	$280K	$128.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09927	−0.082%	$634K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09930	−0.048%	$145K	$270K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09918	−0.171%	$255K	$643K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09935	+0.002%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09933	−0.015%	$24K	$1K	10x	as long as short
SunX DOGE-USDTlong	+0.0100%	8h	0.09935	long leg	$35K	$2.2M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.09931	−0.038%	$2K	$3.7M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09944	+0.090%	$5.9M	$55.2M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09934	−0.008%	$91.5M	$16.9M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09921	−0.143%	$558K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09939	+0.038%	$19K	—	3x	as long as short
Paradex DOGE-USD-PERP	+0.0108%	8h	0.09920	−0.150%	$18K	$6K	30x	as long as short
Reya DOGERUSDPERP	+0.0185%	1h	0.09925	−0.097%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.09929	−0.059%	$529	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09945	+0.103%	$2.0M	$25.1M	50x	as long as short
Phoenix DOGE	+0.0241%	1h	0.09939	+0.040%	$64K	$284K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0245% / S −0.0267%	1h	0.09938	+0.027%	$309K	—	200x	as long as short
RISEx DOGE/USDC	+0.0563%	1h	0.09929	−0.055%	$399K	$367K	10x	as long as short
Hyperliquid DOGE	+0.0701%	1h	0.09939	+0.039%	$121.9M	$98.0M	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1000	+0.656%	$5K	$239K	12x	as long as short