Funding arb · Price arb /

DOGS

all DOGS 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: Binance against SunX−0.181%7-day average −0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$232as in the Funding arb table

Net, price: spread back to 7d avg − costs−$241as in the Price arb table

costs, in and out, $10k−$2322.325% of the position

Long on SunX Short on Binance

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)+0.055%+$6 · spread now −0.181%, 7d avg −0.099%

Together, before fees+0.055%+$6 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: Binance is 0.082% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.099%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGS-USDT	0.00004973	0.0100	pay 0.0050% / 4h	2h 33m	$2K	$1.5M	20x
Short	Binance DOGSUSDT	0.00004964	0.0100	get 0.0050% / 4h	2h 33m	$2.2M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.181%Rate

Funding earned: $0
Price spread: −0.181% → −0.099%: −$8.2
Slippage, 4 orders: −$214.47
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$240.67
Costs to cover: 2.325%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; Binance: live order book, 2 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, 11 min ago	32.68 bp	86.5 bp −$87	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	2.01 bp	28.5 bp −$28	126.2 bp −$1,262	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
Aster DOGSUSDT	+0.0100%	4h	0.00004971	−0.040%	$5K	$29K	5x	as long as short
Binance DOGSUSDTshort	+0.0100%	4h	0.00004964	−0.181%	$2.2M	$3.0M	50x
Gate DOGS_USDT	+0.0100%	4h	0.00004968	−0.101%	$184K	$515K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00004967	−0.121%	$3.3M	$249K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00004967	−0.121%	$353K	$223K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00004964	−0.181%	$584K	$534K	50x	as long as short
BingX DOGS-USDT	+0.0100%	4h	0.00004966	−0.141%	—	$1.3M	—	as long as short
SunX DOGS-USDTlong	+0.0100%	4h	0.00004973	long leg	$2K	$1.5M	20x
Extended kDOGS-USD	+0.0104%	1h	0.00004964	−0.188%	$2K	—	5x	as long as short
Kraken Futures PF_DOGSUSD	+0.0351%	1h	0.00004977	+0.076%	$13K	$3K	10x	as long as short