Funding you earn now, next payment 09:00 UTC−0.0200%/8h= −21.9% APRnext payment −$0.25 per $10,000 · paid last 24h +0.014%
Price spread now: Kraken Futures against Extended+0.169%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.169%, 7d avg +0.057%
=Together, before fees−0.125%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.112% dearer against Extended than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of +0.057%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 45 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DOGE-USD | 0.09893 | 0.0104 | pay 0.0013% / 1h | 52m 50s | $481K | $4.1M | 50x |
| Short | Kraken Futures PF_DOGEUSD | 0.09910 | −0.0096 | pay 0.0012% / 1h | 52m 50s | $5.5M | $40.8M | 50x |
Extended DOGE-USD
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$42.02
- Price spread: +0.169% → +0.057%
- $11.24
- Slippage, 4 orders
- −$18.16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$63.93
- Costs to cover
- 0.332%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Kraken Futures: live order book, 1 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 Extended live order book, 1 min ago | 1.52 bp | 5.9 bp −$6 | 6.7 bp −$67 | 14.2 bp −$1,416 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 2.02 bp | 10.5 bp −$11 | 12.6 bp −$126 | 31.8 bp −$3,182 | 221.7 bp −$110.8K |
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 | −0.0096% | 1h | 0.09910 | +0.169% | $5.5M | $40.8M | 50x | |
| Bitget DOGEUSDT | −0.0008% | 8h | 0.09888 | −0.051% | $140.4M | $347.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09896 | +0.025% | $222K | $64K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09902 | +0.088% | $577K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09887 | −0.058% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.439% | $6K | $242K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09885 | −0.077% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09918 | +0.252% | $828K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09902 | +0.091% | $1K | $545K | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09902 | +0.086% | $123.5M | $117.0M | 10x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Hyperliquid DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09901 | +0.080% | $4.9M | $59.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09895 | +0.020% | $321K | $506K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09899 | +0.064% | $327.3M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09892 | −0.010% | $163.7M | $523.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09894 | +0.010% | $115.3M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09905 | +0.121% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09885 | −0.081% | $377K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09894 | +0.010% | $250.3M | $152.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09899 | +0.060% | $117.4M | $258.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09898 | +0.050% | $66.4M | $50.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09895 | +0.020% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09908 | +0.151% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09879 | −0.143% | $1.0M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09865 | −0.279% | $300K | $139.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09867 | −0.267% | $625K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | −0.334% | $141K | $346K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09896 | +0.030% | $536K | $1.1M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09907 | +0.136% | $258K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09909 | +0.161% | $71K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09903 | +0.103% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09910 | +0.172% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09910 | +0.172% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09910 | +0.175% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09910 | +0.172% | $90.6M | $16.7M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09896 | +0.032% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USDlong | +0.0104% | 1h | 0.09893 | long leg | $481K | $4.1M | 50x | |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09909 | +0.161% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0174% | 1h | 0.09914 | +0.209% | $556K | $283K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0201% | 1h | 0.09904 | +0.109% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09910 | +0.172% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09903 | +0.101% | $15.6M | $26.8M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0232% | 1h | 0.09910 | +0.169% | $441 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0286% / S −0.0375% | 1h | 0.09905 | +0.119% | $413K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09909 | +0.161% | $398K | $455K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
Nado DOGE-PERP
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
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC