Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.030%
Price spread now: Kraken Futures against Bulk−0.274%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 4 days (all we have)+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.269%+$27 · spread now −0.274%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.280% cheaper against Bulk than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk DOGE-USD | 0.09945 | 0.0100 | pay 0.0013% / 1h | 36m 59s | $382K | $16K | 10x |
| Short | Kraken Futures PF_DOGEUSD | 0.09918 | 0.0002 | get 0.0000% / 1h | 36m 59s | $5.6M | $39.9M | 50x |
Bulk DOGE-USD
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bulk. 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
- −$20.52
- Price spread: −0.274% → +0.006%
- −$28.03
- Slippage, 4 orders
- −$19.6
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$85.14
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 12 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 Bulk live order book, 12 min ago | 5.01 bp | 8.5 bp −$9 | 8.5 bp −$85 | 14.9 bp −$1,492 | 27.2 bp −$13.6K |
| Sell Kraken Futures live order book, 2 min ago | 2.52 bp | 10.9 bp −$11 | 13.4 bp −$134 | 36.5 bp −$3,652 | 241.9 bp −$120.9K |
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 | 0.09911 | −0.344% | $640K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09904 | −0.412% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0002% | 1h | 0.09918 | −0.274% | $5.6M | $39.9M | 50x | |
| dYdX DOGE-USD | +0.0002% | 1h | 0.09914 | −0.319% | $223K | $70K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0018% | 1h | 0.09900 | −0.456% | $267K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09921 | −0.239% | $726K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09904 | −0.415% | $536K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09911 | −0.344% | $4.4M | $56.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09918 | −0.277% | $317K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09911 | −0.347% | $322.9M | $1.67B | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Polymarket Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09908 | −0.375% | $162.4M | $515.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09910 | −0.355% | $114.9M | $1.16B | 50x | as long as short |
| Bulk DOGE-USDlong | +0.0100% | 1h | 0.09945 | long leg | $382K | $16K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09911 | −0.345% | $246.6M | $150.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09917 | −0.284% | $111.3M | $251.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09918 | −0.274% | $65.9M | $49.3M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09903 | −0.425% | $131.6M | $330.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09909 | −0.365% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09915 | −0.304% | $298K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09920 | −0.254% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09918 | −0.278% | $295K | $138.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09917 | −0.286% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | −0.355% | $147K | $339K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09911 | −0.345% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09908 | −0.379% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09910 | −0.357% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09919 | −0.264% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09911 | −0.346% | $5.9M | $67.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09916 | −0.294% | $91.2M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09918 | −0.274% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09904 | −0.410% | $478K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09911 | −0.341% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0113% | 8h | 0.09898 | −0.475% | $2K | $524K | 10x | as long as short |
| Hyperliquid DOGE | +0.0121% | 1h | 0.09921 | −0.246% | $123.6M | $114.6M | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09905 | −0.404% | $440 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0194% | 1h | 0.09903 | −0.426% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09918 | −0.274% | $16.0M | $26.8M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09926 | −0.194% | $107K | $207K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0234% | 1h | 0.09918 | −0.277% | $563K | $247K | 25x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09920 | −0.259% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0285% | 1h | 0.09901 | −0.442% | $318K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09917 | −0.284% | $2.0M | $33.7M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09919 | −0.264% | $400K | $441K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.880% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
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
Hyperliquid DOGE
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP