Funding arb · Price arb /

DOGS

all DOGS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.061%53s7-day average +0.138% · you sell dearer than you buy

Net, funding: paid 7d − costs−$304as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3043.040% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.117%+$12 · spread now +0.061%, 7d avg +0.138%

Together, before fees+0.117%+$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: SunX is 0.077% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.138%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DOGS_USDT	0.00004914	0.0100	pay 0.0050% / 4h	5m 25s	$203K	$480K	20x
Short	SunX DOGS-USDT	0.00004917	0.0100	get 0.0050% / 4h	5m 25s	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → +0.138%: −$7.68
Slippage, 4 orders: −$280.99
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$311.66
Costs to cover: 3.040%
Break-even: never at this rate

Slippage from Gate: live order book, 24 min ago; SunX: live order book, 3 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 Gate live order book, 24 min ago	6.12 bp	69.4 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	31.50 bp	101.4 bp −$101	doesn't fit	doesn't fit	doesn't fit

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	−0.1035%	1h	0.00004906	−0.169%	$13K	$2K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00004914	0.000%	$6K	$27K	5x	as long as short
Binance DOGSUSDT	+0.0100%	4h	0.00004914	0.000%	$2.1M	$2.5M	50x	as long as short
Gate DOGS_USDTlong	+0.0100%	4h	0.00004914	long leg	$203K	$480K	20x
MEXC DOGS_USDT	+0.0100%	4h	0.00004914	0.000%	$3.1M	$273K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00004915	+0.020%	$363K	$217K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00004914	0.000%	$648K	$498K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00004912	−0.041%	—	$1.3M	—	as long as short
SunX DOGS-USDTshort	+0.0100%	4h	0.00004917	+0.061%	$1K	$1.3M	20x
Extended kDOGS-USD	+0.0104%	1h	0.00004913	−0.030%	$2K	—	5x	as long as short