Funding arb · Price arb /

DOGS

all DOGS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bitget+0.020%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1251.246% of the position

Long on Bitget Short on BingX

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)−0.045%−$4 · spread now +0.020%, 7d avg −0.013%

Together, before fees−0.045%−$4 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: BingX is 0.033% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DOGSUSDT	0.00005073	0.0100	pay 0.0050% / 4h	3h 07m	$669K	$464K	50x
Short	BingX DOGS-USDT	0.00005074	0.0100	get 0.0050% / 4h	3h 07m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → −0.013%: $3.31
Slippage, 4 orders: −$102.59
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$121.28
Costs to cover: 1.246%
Break-even: never at this rate

Slippage from Bitget: live order book, 63 min ago; BingX: live order book, 8 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 Bitget live order book, 63 min ago	8.02 bp	27.8 bp −$28	140.3 bp −$1,403	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	4.95 bp	32.3 bp −$32	99.9 bp −$999	513.8 bp −$51.4K	781.4 bp −$390.7K

DOGS on 10 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
Kraken Futures PF_DOGSUSD	−0.1620%	1h	0.00005064	−0.173%	$13K	$1K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005073	0.000%	$6K	$19K	5x	as long as short
Binance DOGSUSDT	+0.0100%	4h	0.00005074	+0.020%	$2.2M	$2.4M	50x	as long as short
Gate DOGS_USDT	+0.0100%	4h	0.00005070	−0.059%	$197K	$466K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00005073	0.000%	$3.3M	$252K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005071	−0.039%	$347K	$198K	50x	as long as short
Bitget DOGSUSDTlong	+0.0100%	4h	0.00005073	long leg	$669K	$464K	50x
BingX DOGS-USDTshort	+0.0100%	4h	0.00005074	+0.020%	—	$1.3M	—
SunX DOGS-USDT	+0.0100%	4h	0.00005081	+0.158%	$1K	$1.2M	20x	as long as short
Extended kDOGS-USD	+0.0104%	1h	0.00005073	−0.004%	$2K	—	5x	as long as short