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: BingX against SunX−0.175%7-day average −0.113% · you buy dearer than you sell

Net, funding: paid 7d − costs−$271as in the Funding arb table

Net, price: spread back to 7d avg − costs−$277as in the Price arb table

costs, in and out, $10k−$2712.711% of the position

Long on SunX 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)+0.043%+$4 · spread now −0.175%, 7d avg −0.113%

Together, before fees+0.043%+$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 0.062% 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 −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGS-USDT	0.00005144	0.0100	pay 0.0050% / 4h	3h 27m	$2K	$1.4M	20x
Short	BingX DOGS-USDT	0.00005135	0.0100	get 0.0050% / 4h	3h 27m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.175%Rate

Funding earned: $0
Price spread: −0.175% → −0.113%: −$6.16
Slippage, 4 orders: −$253.08
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$277.24
Costs to cover: 2.711%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; BingX: 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, 7 min ago	32.64 bp	108.0 bp −$108	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	8.70 bp	36.0 bp −$36	107.2 bp −$1,072	474.4 bp −$47.4K	626.2 bp −$313.1K

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	−0.2431%	1h	0.00005139	−0.093%	$14K	$3K	10x	as long as short
Aster DOGSUSDT	+0.0100%	4h	0.00005140	−0.078%	$4K	$26K	5x	as long as short
Binance DOGSUSDT	+0.0100%	4h	0.00005138	−0.117%	$2.3M	$2.8M	50x	as long as short
Gate DOGS_USDT	+0.0100%	4h	0.00005133	−0.214%	$189K	$491K	20x	as long as short
MEXC DOGS_USDT	+0.0100%	4h	0.00005138	−0.117%	$3.4M	$236K	200x	as long as short
KuCoin DOGSUSDTM	+0.0100%	4h	0.00005137	−0.136%	$345K	$212K	50x	as long as short
Bitget DOGSUSDT	+0.0100%	4h	0.00005136	−0.156%	$607K	$507K	50x	as long as short
BingX DOGS-USDTshort	+0.0100%	4h	0.00005135	−0.175%	—	$1.3M	—
SunX DOGS-USDTlong	+0.0100%	4h	0.00005144	long leg	$2K	$1.4M	20x
Extended kDOGS-USD	+0.0104%	1h	0.00005136	−0.146%	$2K	—	5x	as long as short