Funding you earn now, next payment 12:00 UTC−0.0300%/8h= −32.9% APRpaid last 24h −0.036%
Price spread now: Kraken Futures against BloFin+0.092%57s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as 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−$360.360% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.092%, 7d avg −0.004%
=The price spread pays, funding is against you. Kraken Futures is 0.096% dearer against BloFin than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.004%): +$10 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.164% in total) that is about 4.1 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOGE-USDT | 0.09763 | 0.0220 | pay 0.0220% / 8h | 4h 49m | $15.4M | $25.5M | 75x |
| Short | Kraken Futures PF_DOGEUSD | 0.09772 | −0.0080 | pay 0.0010% / 1h | 49m 43s | $5.3M | $38.9M | 50x |
BloFin DOGE-USDT
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- −$63.04
- Price spread: +0.092% → −0.004%
- $9.59
- Slippage, 4 orders
- −$14.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$89.49
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Kraken Futures: 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 BloFin live order book, 2 min ago | 3.58 bp | 9.6 bp −$10 | 9.6 bp −$96 | 16.1 bp −$1,613 | 31.9 bp −$15.9K |
| Sell Kraken Futures live order book, 2 min ago | 1.02 bp | 9.1 bp −$9 | 13.4 bp −$134 | 25.9 bp −$2,588 | 174.2 bp −$87.1K |
DOGE on 44 exchanges
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 | −0.0080% | 1h | 0.09772 | +0.092% | $5.3M | $38.9M | 50x | |
| Bitget DOGEUSDT | −0.0053% | 8h | 0.09743 | −0.205% | $137.5M | $289.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09775 | +0.119% | $501K | $6.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09789 | +0.268% | $33K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0006% | 8h | 0.09748 | −0.154% | $163.9M | $493.2M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.856% | $6K | $240K | 12x | as long as short |
| Gate DOGE_USDT | +0.0063% | 8h | 0.09748 | −0.154% | $251.1M | $142.7M | 75x | as long as short |
| dYdX DOGE-USD | +0.0087% | 1h | 0.09744 | −0.193% | $229K | $75K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09751 | −0.127% | $797K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09752 | −0.113% | $934 | $532K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bybit DOGEUSDT
Injective DOGE/USDC PERP
Gate DOGE_USDT
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09745 | −0.185% | $17K | $5K | 30x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09785 | +0.225% | $509K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09751 | −0.122% | $120.5M | $107.2M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09749 | −0.139% | $4.9M | $57.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09748 | −0.159% | $308K | $442K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09750 | −0.131% | $322.0M | $1.59B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09752 | −0.113% | $116.3M | $1.09B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09757 | −0.061% | $15K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09786 | +0.240% | $374K | $5K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09749 | −0.143% | $113.1M | $250.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09747 | −0.164% | $63.9M | $45.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09745 | −0.184% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09765 | +0.020% | $308K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09762 | −0.011% | $1.3M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09783 | +0.209% | $256K | $124.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09785 | +0.225% | $627K | $3.9M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09790 | +0.277% | $138K | $345K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09785 | +0.228% | $207K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09782 | +0.195% | $67K | $421K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09781 | +0.185% | $18K | $6K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09791 | +0.291% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09782 | +0.195% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09770 | +0.073% | $5.9M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09764 | +0.010% | $88.8M | $15.7M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09746 | −0.177% | $496K | $3.4M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09783 | +0.207% | $19K | — | 3x | as long as short |
| Phoenix DOGE | +0.0163% | 1h | 0.09778 | +0.154% | $18K | $306K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0169% | 1h | 0.09786 | +0.238% | $547K | $291K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09756 | −0.069% | $449 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0206% / S −0.0187% | 1h | 0.09788 | +0.258% | $286K | — | 200x | as long as short |
| Reya DOGERUSDPERP | +0.0209% | 1h | 0.09784 | +0.218% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTlong | +0.0220% | 8h | 0.09763 | long leg | $15.4M | $25.5M | 75x | |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09770 | +0.072% | $2.3M | $32.5M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0631% | 1h | 0.09756 | −0.072% | $403K | $392K | 10x | as long as short |
Paradex DOGE-USD-PERP
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Extended DOGE-USD
Aevo DOGE-PERP
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC