Funding you earn now, next payment 07:00 UTC−0.0182%/8h= −20.0% APRpaid last 24h +0.030%
Price spread now: Kraken Futures against BingX−0.016%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.305% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.016%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.037% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.020%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOGE-USDT | 0.1003 | 0.0100 | pay 0.0100% / 8h | 1h 58m | — | $80.8M | — |
| Short | Kraken Futures PF_DOGEUSD | 0.1003 | −0.0082 | pay 0.0010% / 1h | 58m 16s | $5.7M | $40.3M | 50x |
BingX DOGE-USDT
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$38.27
- Price spread: −0.016% → +0.020%
- −$3.66
- Slippage, 4 orders
- −$10.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$72.47
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Kraken Futures: live order book, 6 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 BingX live order book, 11 min ago | 1.00 bp | 6.0 bp −$6 | 6.0 bp −$60 | 12.0 bp −$1,196 | 28.0 bp −$14.0K |
| Sell Kraken Futures live order book, 6 min ago | 1.50 bp | 8.3 bp −$8 | 13.8 bp −$138 | 25.2 bp −$2,520 | 354.7 bp −$177.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSDshort | −0.0082% | 1h | 0.1003 | −0.016% | $5.7M | $40.3M | 50x | |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1003 | +0.040% | $225K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | −0.184% | $598K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1003 | −0.001% | $34K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.006% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0089% | 8h | 0.1002 | −0.100% | $143.0M | $343.2M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1004 | +0.131% | $857K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1004 | +0.145% | $542K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1004 | +0.078% | $4.6M | $58.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1004 | +0.086% | $321K | $501K | 20x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.032% | $330.2M | $1.70B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.020% | $166.1M | $519.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1003 | +0.010% | $118.4M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1001 | −0.169% | $385K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1004 | +0.130% | $251.2M | $152.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1004 | +0.090% | $112.1M | $256.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1005 | +0.199% | $66.7M | $50.0M | 75x | as long as short |
| BingX DOGE-USDTlong | +0.0100% | 8h | 0.1003 | long leg | — | $80.8M | — | |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1001 | −0.160% | $314K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | −0.083% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | −0.090% | $315K | $140.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1002 | −0.070% | $631K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | −0.080% | $151K | $336K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | +0.130% | $269K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1003 | −0.010% | $64K | $477K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.007% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1003 | +0.057% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1003 | −0.020% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | +0.043% | $5.9M | $68.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.010% | $92.1M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1003 | +0.026% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1002 | −0.064% | $487K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1003 | +0.009% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0110% | 8h | 0.1004 | +0.150% | $1K | $527K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0159% | 1h | 0.1003 | +0.016% | $575K | $252K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0196% | 1h | 0.1004 | +0.162% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | −0.170% | $16.1M | $27.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1003 | −0.015% | $18K | $379K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1004 | +0.080% | $2.0M | $34.6M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0251% / S −0.0294% | 1h | 0.1003 | +0.052% | $317K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1005 | +0.229% | $447 | $4K | 10x | as long as short |
| Hyperliquid DOGE | +0.0303% | 1h | 0.1006 | +0.279% | $124.6M | $116.3M | 10x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.1005 | +0.189% | $27K | $300K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.1005 | +0.220% | $407K | $453K | 10x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
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
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC