DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against HTX−0.027%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$380.382% of the position

Long on HTX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.027%, 7d avg −0.069%

Together, before fees−0.219%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.042% dearer against HTX than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.069%): +$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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DOGE-USDT	0.1000	0.0100	pay 0.0100% / 8h	3h 00m	$5.9M	$66.4M	75x
Short	Kalshi KXDOGEPERP	0.1000	0	get 0.0000% / 8h	7h 00m	$646K	$6.4M	2.8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee KalshibpOrdersPrice spread, now −0.027%Rate

Funding earned: −$21
Price spread: −0.027% → −0.069%: $4.24
Slippage, 4 orders: −$16.22
Fee HTX: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$54.98
Costs to cover: 0.382%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Kalshi: live order book, 3 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 HTX live order book, 4 min ago	1.14 bp	7.3 bp −$7	11.6 bp −$116	44.8 bp −$4,480	doesn't fit
Sell Kalshi live order book, 3 min ago	5.38 bp	10.4 bp −$10	20.5 bp −$205	doesn't fit	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
Kalshi KXDOGEPERPshort	0.0000%	8h	0.1000	−0.027%	$646K	$6.4M	2.8x
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09997	−0.071%	$34K	—	150x	as long as short
dYdX DOGE-USD	+0.0015%	1h	0.09985	−0.191%	$224K	$70K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09989	−0.151%	$737K	$6.5M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09992	−0.114%	$548K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09994	−0.099%	$4.5M	$56.0M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09986	−0.183%	$319K	$520K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09994	−0.098%	$326.2M	$1.65B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09992	−0.119%	$162.6M	$508.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09994	−0.099%	$113.7M	$1.15B	50x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk DOGE-USD	+0.0100%	1h	0.1002	+0.150%	$385K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09988	−0.159%	$246.8M	$150.4M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09987	−0.169%	$112.0M	$249.4M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09983	−0.209%	$66.5M	$48.6M	75x	as long as short
Bitget DOGEUSDT	+0.0100%	8h	0.09989	−0.149%	$129.8M	$321.0M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09992	−0.119%	—	$79.9M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1000	−0.019%	$311K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09995	−0.091%	$1.1M	$8.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1004	+0.317%	$320K	$137.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1008	+0.744%	$638K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1003	+0.261%	$151K	$332K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09986	−0.182%	$263K	$1.1M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1000	−0.029%	$65K	$464K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09998	−0.057%	$19K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1001	+0.069%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1001	+0.011%	$2K	$5.1M	10x	as long as short
HTX DOGE-USDTlong	+0.0100%	8h	0.1000	long leg	$5.9M	$66.4M	75x
Phemex DOGEUSDT	+0.0100%	8h	0.1001	+0.031%	$92.1M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09987	−0.172%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09990	−0.141%	$478K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1000	−0.008%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0118%	8h	0.09989	−0.149%	$1K	$512K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0180%	1h	0.1001	+0.052%	$568K	$247K	25x	as long as short
Reya DOGERUSDPERP	+0.0193%	1h	0.09988	−0.156%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.09998	−0.057%	$445	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09999	−0.049%	$16.1M	$26.8M	75x	as long as short
Phoenix DOGE	+0.0235%	1h	0.1008	+0.730%	$18K	$292K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0251%	1h	0.1001	+0.036%	$5.6M	$40.3M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0253% / S −0.0286%	1h	0.09996	−0.074%	$329K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1001	+0.071%	$2.1M	$33.5M	50x	as long as short
Hyperliquid DOGE	+0.0364%	1h	0.09999	−0.046%	$124.8M	$113.3M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1001	+0.021%	$108K	$207K	10x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.10000	−0.044%	$403K	$436K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	+5.259%	$6K	$242K	12x	as long as short