Funding you earn now, next payment 05:00 UTC+0.0142%/8h= +15.6% APRnext payment +$0.18 per $10,000 · paid last 24h +0.030%
Price spread now: Kraken Futures against ApeX Omni−0.050%45s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as 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−$580.577% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.050%, 7d avg −0.009%
=Funding pays, the price is against you. Kraken Futures is 0.042% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.010% in total) that is about 29 days. The two prices were read 45 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 | ApeX Omni DOGEUSDT | 0.1039 | 0.0100 | pay 0.0013% / 1h | 29m 26s | $155K | $327K | 25x |
| Short | Kraken Futures PF_DOGEUSD | 0.1038 | 0.0242 | get 0.0030% / 1h | 29m 26s | $5.6M | $38.5M | 50x |
ApeX Omni DOGEUSDT
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $29.87
- Price spread: −0.050% → −0.009%
- −$4.16
- Slippage, 4 orders
- −$37.71
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$32
- Costs to cover
- 0.577%
- Break-even
- 14.5 days
Slippage from ApeX Omni: live order book, 23 min ago; Kraken Futures: live order book, 5 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 ApeX Omni live order book, 23 min ago | 4.74 bp | 19.7 bp −$20 | 54.1 bp −$541 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 0.96 bp | 10.7 bp −$11 | 13.2 bp −$132 | 27.5 bp −$2,748 | 319.9 bp −$160.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1039 | −0.001% | $735K | $6.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1038 | −0.136% | $25K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0013% | 1h | 0.1037 | −0.150% | $233K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0046% | 8h | 0.1036 | −0.250% | $136.1M | $314.4M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1039 | −0.031% | $737K | $6.4M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1039 | +0.010% | $563K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1038 | −0.098% | $5.0M | $54.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1039 | −0.019% | $333K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1038 | −0.088% | $345.6M | $1.60B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1037 | −0.192% | $171.8M | $492.7M | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1036 | −0.250% | $118.4M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1046 | +0.699% | $402K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1037 | −0.144% | $256.5M | $144.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1038 | −0.096% | $115.8M | $242.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1038 | −0.067% | $68.2M | $47.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1038 | −0.106% | — | $79.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1038 | −0.058% | $350K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1038 | −0.128% | $1.2M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1040 | +0.056% | $332K | $135.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1038 | −0.048% | $656K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDTlong | +0.0100% | 1h | 0.1039 | long leg | $155K | $327K | 25x | |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1038 | −0.125% | $260K | $967K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1036 | −0.260% | $73K | $457K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1036 | −0.266% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1039 | +0.045% | $37K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1039 | −0.019% | $2K | $5.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1038 | −0.051% | $6.1M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1039 | +0.029% | $95.6M | $17.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0103% | 8h | 0.1041 | +0.211% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1037 | −0.178% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1037 | −0.197% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0124% | 8h | 0.1039 | 0.000% | $935 | $495K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1038 | −0.087% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1038 | −0.087% | $16.7M | $27.4M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1047 | +0.729% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0242% | 1h | 0.1038 | −0.050% | $5.6M | $38.5M | 50x | |
| Deribit DOGE_USDC-PERPETUAL | +0.0252% | 1h | 0.1037 | −0.198% | $589K | $246K | 25x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0260% / S −0.0320% | 1h | 0.1038 | −0.139% | $342K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1039 | +0.046% | $462 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1039 | +0.010% | $2.0M | $33.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0553% | 1h | 0.1040 | +0.048% | $129.5M | $109.4M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1040 | +0.077% | $113K | $200K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1040 | +0.074% | $420K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +1.347% | $6K | $242K | 12x | as long as short |
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP