Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.034%
Price spread now: Kalshi against Extended+0.061%54s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.356% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.061%, 7d avg +0.017%
Together, before fees−0.229%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.044% dearer against Extended than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.017%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DOGE-USD0.10020.0104pay 0.0013% / 1h27m 22s$555K$3.6M50x
ShortKalshi KXDOGEPERP0.10030get 0.0000% / 8h5h 27m$417K$4.7M2.8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21.84
Price spread: +0.061% → +0.017%
$4.44
Slippage, 4 orders
−$20.57
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$52.97
Costs to cover
0.356%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; Kalshi: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago3.49 bp6.0 bp −$66.7 bp −$6719.2 bp −$1,923doesn't fit
Sell Kalshi live order book, 1 min ago6.45 bp12.1 bp −$1217.8 bp −$178doesn't fitdoesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0266%8h0.1002−0.047%$153.0M$266.0M75xas long as short
Kalshi KXDOGEPERPshort0.0000%8h0.1003+0.061%$417K$4.7M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1002−0.073%$32K150xas long as short
dYdX DOGE-USD+0.0007%1h0.09994−0.290%$224K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.09976−0.467%$66K$222K10xas long as short
Gate DOGE_USDT+0.0091%8h0.1001−0.107%$240.6M$123.7M75xas long as short
Lighter DOGE+0.0096%1h0.1000−0.203%$785K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1001−0.157%$2K$368K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1001−0.112%$570K$853K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1002−0.074%$4.9M$43.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09999−0.233%$334K$508K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1002−0.060%$319.1M$1.32B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1002−0.057%$160.1M$418.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002−0.007%$109.1M$927.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1002−0.047%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09966−0.569%$382K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1001−0.117%$110.7M$217.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.117%$65.9M$40.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002−0.037%$74.6Mas long as short
Variational Omni DOGE+0.0100%8h0.09974−0.484%$947K$8.0Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1000−0.215%$276K$115.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−0.087%$630K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.227%$146K$244K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1001−0.097%$267K$540K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1003+0.022%$73K$432K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1002+0.021%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1002+0.020%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1002−0.017%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09999−0.242%$6.0M$50.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09994−0.287%$92.6M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1001−0.147%$18K$5K30xas long as short
Extended DOGE-USDlong+0.0104%1h0.1002long leg$555K$3.6M50x
Aevo DOGE-PERP+0.0104%1h0.1003+0.052%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0119%1h0.1003+0.051%$607K$109K25xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1001−0.136%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1002−0.068%$529$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1003+0.102%$2.0M$23.5M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1002−0.057%$15.5M$24.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0270%1h0.1002−0.077%$313K200xas long as short
Kraken Futures PF_DOGEUSD+0.0364%1h0.1002−0.005%$6.0M$32.7M50xas long as short
Backpack DOGE_USDC_PERP+0.0395%1h0.09995−0.277%$534K$953K15xas long as short
Hyperliquid DOGE+0.0415%1h0.1002+0.013%$110.7M$82.6M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1002−0.038%$314K$476K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1003+0.072%$5K$207K12xas long as short