Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against SunX−0.045%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$600.602% of the position

Long on SunX Short on Pacifica

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)+0.119%+$12 · spread now −0.045%, 7d avg −0.023%

Together, before fees+0.119%+ Points / potential airdropPacifica: Active · farm board+$12 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: Pacifica is 0.022% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGE-USDT	0.09993	0.0100	pay 0.0100% / 8h	5h 31m	$35K	$2.2M	30x
Short	Pacifica DOGE	0.09989	0.0100	get 0.0013% / 1h	31m 49s	$328K	$483K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → −0.023%: −$2.23
Slippage, 4 orders: −$44.16
Fee SunX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$62.39
Costs to cover: 0.602%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; Pacifica: live order book, 32 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, 4 min ago	17.42 bp	21.5 bp −$22	28.5 bp −$285	doesn't fit	doesn't fit
Sell Pacifica live order book, 32 min ago	2.00 bp	8.4 bp −$8	doesn't fit	doesn't fit	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
Bitget DOGEUSDT	−0.0090%	8h	0.09982	−0.110%	$151.1M	$273.9M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09983	−0.105%	$224K	$49K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09987	−0.063%	$444K	$5.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09985	−0.083%	$24K	—	150x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0021%	1h	0.09980	−0.127%	$596K	$118K	25x	as long as short
Lighter DOGE	+0.0096%	1h	0.09995	+0.016%	$784K	$6.2M	15x	as long as short
Katana Perps DOGE-USD	+0.0099%	8h	0.09985	−0.080%	$3K	$441K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09989	−0.045%	$532K	$993K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09993	0.000%	$4.7M	$48.7M	75x	as long as short
Pacifica DOGEshort	+0.0100%	1h	0.09989	−0.045%	$328K	$483K	20x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.09986	−0.069%	$319.6M	$1.44B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09983	−0.100%	$161.0M	$441.4M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09992	−0.010%	$111.6M	$990.2M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09985	−0.082%	$383K	$2K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09984	−0.090%	$243.0M	$132.4M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09985	−0.080%	$111.9M	$230.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09988	−0.050%	$66.1M	$43.3M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09984	−0.090%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09978	−0.150%	$328K	$1.1M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09987	−0.065%	$981K	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09984	−0.094%	$297K	$129.8M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09992	−0.009%	$635K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1000	+0.070%	$146K	$278K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09984	−0.094%	$255K	$734K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09981	−0.120%	$70K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09977	−0.156%	$24K	$1K	10x	as long as short
SunX DOGE-USDTlong	+0.0100%	8h	0.09993	long leg	$35K	$2.2M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.09981	−0.120%	$2K	$3.9M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09983	−0.096%	$5.9M	$56.6M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09981	−0.120%	$91.9M	$16.6M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0103%	8h	0.09986	−0.073%	$18K	$6K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09988	−0.054%	$510K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09981	−0.124%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0187%	1h	0.09984	−0.088%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0208%	1h	0.09994	+0.007%	$533	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09982	−0.110%	$15.7M	$25.1M	75x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09961	−0.323%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0267%	1h	0.09985	−0.076%	$311K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0248%	1h	0.09993	0.000%	$2.3M	$26.2M	50x	as long as short
Kraken Futures PF_DOGEUSD	+0.0306%	1h	0.09978	−0.151%	$5.7M	$35.1M	50x	as long as short
Hyperliquid DOGE	+0.0477%	1h	0.1000	+0.080%	$122.2M	$99.8M	10x	as long as short
RISEx DOGE/USDC	+0.0747%	1h	0.09995	+0.015%	$402K	$365K	10x	as long as short
Arcus DOGE-USD	+0.0781%	1h	0.1000	+0.080%	$129K	$179K	10x	as long as short
Injective DOGE/USDC PERP	+0.1072%	1h	0.09980	−0.130%	$5K	$239K	12x	as long as short