Funding you earn now, next payment 04:00 UTC−0.0145%/8h= −15.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.054%
Price spread now: Kraken Futures against Deribit+0.025%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.415% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.025%, 7d avg +0.005%
=The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.210%, 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 | Deribit DOGE_USDC-PERPETUAL | 0.09908 | 0.0113 | pay 0.0014% / 1h | 43m 27s | $592K | $118K | 25x |
| Short | Kraken Futures PF_DOGEUSD | 0.09911 | −0.0032 | pay 0.0004% / 1h | 43m 27s | $5.7M | $35.5M | 50x |
Deribit DOGE_USDC-PERPETUAL
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Deribit. 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
- −$30.42
- Price spread: +0.025% → +0.005%
- $1.91
- Slippage, 4 orders
- −$24.46
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$69.97
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 15 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 Deribit live order book, 15 min ago | 3.53 bp | 10.0 bp −$10 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 4.06 bp | 12.5 bp −$13 | 14.6 bp −$146 | 34.5 bp −$3,455 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0057% | 8h | 0.09900 | −0.083% | $149.6M | $275.1M | 75x | as long as short |
| Kraken Futures PF_DOGEUSDshort | −0.0032% | 1h | 0.09911 | +0.025% | $5.7M | $35.5M | 50x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09895 | −0.131% | $431K | $5.2M | 2.8x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09915 | +0.069% | $223K | $49K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09901 | −0.068% | $23K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0068% | 1h | 0.09902 | −0.065% | $258K | $831K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09922 | +0.135% | $729K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09908 | −0.002% | $895 | $449K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09909 | +0.013% | $525K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09911 | +0.028% | $4.5M | $49.0M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09918 | +0.099% | $322K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09908 | −0.002% | $316.4M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09907 | −0.012% | $160.8M | $443.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09906 | −0.022% | $110.8M | $990.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09885 | −0.234% | $380K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09910 | +0.018% | $243.0M | $133.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09903 | −0.052% | $111.2M | $234.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09903 | −0.052% | $65.4M | $43.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09910 | +0.018% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09913 | +0.048% | $311K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09876 | −0.328% | $1.0M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09865 | −0.436% | $293K | $129.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09876 | −0.325% | $622K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09880 | −0.285% | $144K | $284K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09908 | −0.002% | $69K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09904 | −0.037% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09914 | +0.064% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09909 | +0.008% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09906 | −0.018% | $5.9M | $57.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09914 | +0.059% | $91.1M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09913 | +0.053% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09912 | +0.042% | $495K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09905 | −0.031% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUALlong | +0.0113% | 1h | 0.09908 | long leg | $592K | $118K | 25x | |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09910 | +0.022% | $528 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0189% | 1h | 0.09902 | −0.061% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09875 | −0.335% | $15.5M | $25.0M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09885 | −0.232% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09906 | −0.021% | $310K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0278% | 1h | 0.09913 | +0.045% | $120.6M | $100.3M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09914 | +0.059% | $2.3M | $26.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09922 | +0.139% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09914 | +0.064% | $400K | $412K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09900 | −0.083% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
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
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP