Funding you earn now, next payment 22:00 UTC+0.0227%/8h= +24.8% APRpaid last 24h +0.038%
Price spread now: Kraken Futures against Gate−0.007%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.345% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.007%, 7d avg +0.025%
=Funding pays, the price is against you. Kraken Futures is 0.032% cheaper against Gate than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.025%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.064% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.064% in total (about 3.3% a year). A funding rate is set anew for every payment. 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 | Gate DOGE_USDT | 0.09840 | 0.0064 | pay 0.0064% / 8h | 2h 30m | $234.1M | $119.4M | 75x |
| Short | Kraken Futures PF_DOGEUSD | 0.09839 | 0.0291 | get 0.0036% / 1h | 30m 04s | $5.9M | $31.6M | 50x |
Gate DOGE_USDT
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $47.6
- Price spread: −0.007% → +0.025%
- −$3.17
- Slippage, 4 orders
- −$9.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $9.94
- Costs to cover
- 0.345%
- Break-even
- 5.5 days
Slippage from Gate: live order book, 4 min ago; Kraken Futures: live order book, 4 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 Gate live order book, 4 min ago | 0.51 bp | 10.0 bp −$10 | 15.3 bp −$153 | 30.5 bp −$3,052 | 50.4 bp −$25.2K |
| Sell Kraken Futures live order book, 4 min ago | 0.51 bp | 8.9 bp −$9 | 14.5 bp −$145 | 34.4 bp −$3,445 | 402.4 bp −$201.2K |
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 | −0.0279% | 8h | 0.09834 | −0.061% | $151.3M | $260.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09856 | +0.161% | $358K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09845 | +0.047% | $615K | $103K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09844 | +0.036% | $32K | — | 150x | as long as short |
| Gate DOGE_USDTlong | +0.0064% | 8h | 0.09840 | long leg | $234.1M | $119.4M | 75x | |
| Phoenix DOGE | +0.0080% | 1h | 0.09840 | +0.002% | $15K | $225K | 10x | as long as short |
| dYdX DOGE-USD | +0.0091% | 1h | 0.09861 | +0.211% | $221K | $44K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09855 | +0.152% | $1K | $336K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09845 | +0.047% | $781K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09851 | +0.117% | $625K | $694K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
dYdX DOGE-USD
Katana Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09844 | +0.043% | $4.8M | $40.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09858 | +0.181% | $335K | $505K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09848 | +0.079% | $312.4M | $1.26B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09841 | +0.010% | $156.0M | $396.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09848 | +0.081% | $107.5M | $881.1M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09863 | +0.234% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09838 | −0.021% | $377K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09844 | +0.041% | $117.2M | $214.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09843 | +0.030% | $64.6M | $39.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09847 | +0.071% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09851 | +0.112% | $915K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09847 | +0.076% | $261K | $112.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09867 | +0.274% | $627K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09840 | 0.000% | $140K | $223K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09847 | +0.068% | $270K | $528K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09844 | +0.041% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09841 | +0.010% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09861 | +0.213% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09844 | +0.041% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09855 | +0.152% | $5.9M | $46.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09843 | +0.030% | $91.3M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09858 | +0.184% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09839 | −0.007% | $548K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09845 | +0.050% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0174% | 1h | 0.09845 | +0.056% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09859 | +0.195% | $521 | $4K | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0216% | 1h | 0.09849 | +0.091% | $520K | $931K | 15x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09860 | +0.203% | $15.1M | $23.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09856 | +0.163% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09843 | +0.029% | $303K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0291% | 1h | 0.09839 | −0.007% | $5.9M | $31.6M | 50x | |
| Hyperliquid DOGE | +0.0426% | 1h | 0.09854 | +0.139% | $109.0M | $78.8M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09866 | +0.259% | $309K | $472K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09880 | +0.407% | $32K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Backpack DOGE_USDC_PERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP