Funding you earn now, next payment 12:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h 0.000%
Price spread now: Kraken Futures against GRVT−0.095%75s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.313% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.095%, 7d avg +0.040%
=Together, before fees+0.165%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.134% cheaper against GRVT than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.040%). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DOGE_USDT_Perp | 0.09785 | 0.0100 | pay 0.0100% / 8h | 4h 52m | $627K | $3.9M | 10x |
| Short | Kraken Futures PF_DOGEUSD | 0.09776 | −0.0080 | pay 0.0010% / 1h | 52m 02s | $5.3M | $38.9M | 50x |
GRVT DOGE_USDT_Perp
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- −$37.84
- Price spread: −0.095% → +0.040%
- −$13.42
- Slippage, 4 orders
- −$12.33
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$82.59
- Costs to cover
- 0.313%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; Kraken Futures: live order book, 5 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 GRVT live order book, 5 min ago | 0.51 bp | 7.7 bp −$8 | 15.8 bp −$158 | 49.5 bp −$4,950 | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 1.02 bp | 8.9 bp −$9 | 12.1 bp −$121 | 27.7 bp −$2,771 | 189.6 bp −$94.8K |
DOGE on 44 exchanges
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 | −0.0080% | 1h | 0.09776 | −0.095% | $5.3M | $38.9M | 50x | |
| Bitget DOGEUSDT | −0.0052% | 8h | 0.09766 | −0.194% | $137.9M | $290.6M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09775 | −0.098% | $501K | $6.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09774 | −0.116% | $32K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0005% | 8h | 0.09767 | −0.184% | $164.2M | $492.8M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.614% | $6K | $240K | 12x | as long as short |
| Gate DOGE_USDT | +0.0068% | 8h | 0.09770 | −0.153% | $252.2M | $142.4M | 75x | as long as short |
| dYdX DOGE-USD | +0.0075% | 1h | 0.09771 | −0.146% | $229K | $75K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09780 | −0.047% | $803K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09770 | −0.153% | $935 | $532K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bybit DOGEUSDT
Injective DOGE/USDC PERP
Gate DOGE_USDT
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09766 | −0.191% | $18K | $5K | 30x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09773 | −0.128% | $508K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09782 | −0.033% | $120.9M | $107.2M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09771 | −0.141% | $4.9M | $57.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09773 | −0.126% | $309K | $442K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09772 | −0.133% | $322.7M | $1.59B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09772 | −0.133% | $116.7M | $1.09B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09778 | −0.072% | $15K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09786 | +0.015% | $374K | $5K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09774 | −0.112% | $114.1M | $249.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09775 | −0.102% | $64.1M | $45.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09774 | −0.112% | — | $45.9M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09774 | −0.112% | $309K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09776 | −0.093% | $1.3M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09783 | −0.016% | $256K | $124.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perplong | +0.0100% | 8h | 0.09785 | long leg | $627K | $3.9M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09790 | +0.051% | $138K | $345K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09768 | −0.170% | $206K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09773 | −0.123% | $67K | $421K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09775 | −0.106% | $18K | $6K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09778 | −0.067% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09775 | −0.102% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09782 | −0.035% | $5.9M | $64.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09778 | −0.072% | $88.9M | $15.7M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09769 | −0.162% | $479K | $3.4M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09774 | −0.112% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0159% | 1h | 0.09778 | −0.073% | $547K | $291K | 25x | as long as short |
| Phoenix DOGE | +0.0163% | 1h | 0.09786 | +0.015% | $18K | $306K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09778 | −0.067% | $450 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0206% / S −0.0187% | 1h | 0.09773 | −0.121% | $286K | — | 200x | as long as short |
| Reya DOGERUSDPERP | +0.0209% | 1h | 0.09770 | −0.155% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09778 | −0.072% | $15.4M | $25.5M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09776 | −0.092% | $2.3M | $32.5M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0631% | 1h | 0.09780 | −0.051% | $406K | $390K | 10x | as long as short |
Paradex DOGE-USD-PERP
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
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
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC