Funding you earn now, next payment 09:00 UTC−0.0196%/8h= −21.4% APRpaid last 24h +0.018%
Price spread now: Kraken Futures against HTX−0.092%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$380.375% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.092%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Kraken Futures is 0.077% cheaper against HTX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% 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 | HTX DOGE-USDT | 0.09947 | 0.0100 | pay 0.0100% / 8h | 7h 11m | $6.0M | $67.6M | 75x |
| Short | Kraken Futures PF_DOGEUSD | 0.09938 | −0.0096 | pay 0.0012% / 1h | 11m 29s | $5.4M | $40.6M | 50x |
HTX DOGE-USDT
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against HTX. 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
- −$41.12
- Price spread: −0.092% → −0.015%
- −$7.69
- Slippage, 4 orders
- −$15.51
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$86.31
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; Kraken Futures: 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, 3 min ago | 0.91 bp | 9.7 bp −$10 | 20.0 bp −$200 | 37.4 bp −$3,741 | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 0.50 bp | 9.9 bp −$10 | 13.1 bp −$131 | 26.2 bp −$2,624 | 234.0 bp −$117.0K |
DOGE on 43 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 | 0.09938 | −0.092% | $5.4M | $40.6M | 50x | |
| Bitget DOGEUSDT | −0.0018% | 8h | 0.09942 | −0.055% | $140.5M | $347.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09932 | −0.152% | $513K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09951 | +0.039% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.856% | $6K | $242K | 12x | as long as short |
| Gate DOGE_USDT | +0.0076% | 8h | 0.09945 | −0.025% | $251.3M | $156.4M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09924 | −0.239% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09955 | +0.077% | $827K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09945 | −0.025% | $1K | $543K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09939 | −0.090% | $514K | $1.1M | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09957 | +0.096% | $124.1M | $116.9M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09949 | +0.015% | $5.1M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09948 | +0.002% | $323K | $478K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09950 | +0.022% | $328.0M | $1.70B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09945 | −0.025% | $166.9M | $520.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09948 | +0.005% | $116.1M | $1.18B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09949 | +0.015% | $17K | $307K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09908 | −0.395% | $378K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09950 | +0.025% | $115.6M | $264.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09951 | +0.035% | $65.7M | $49.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09951 | +0.035% | — | $53.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09940 | −0.075% | $299K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09933 | −0.145% | $1.1M | $8.3M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09929 | −0.184% | $264K | $140.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09925 | −0.227% | $634K | $4.2M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | −0.276% | $141K | $347K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09950 | +0.025% | $259K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09939 | −0.085% | $71K | $460K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09939 | −0.085% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09939 | −0.085% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDTlong | +0.0100% | 8h | 0.09947 | long leg | $6.0M | $67.6M | 75x | |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09940 | −0.075% | $90.8M | $16.3M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09949 | +0.013% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09945 | −0.025% | $481K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09941 | −0.068% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0142% | 1h | 0.09945 | −0.026% | $557K | $301K | 25x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0166% / S −0.0095% | 1h | 0.09936 | −0.118% | $360K | — | 200x | as long as short |
| Reya DOGERUSDPERP | +0.0203% | 1h | 0.09904 | −0.435% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09947 | −0.005% | $2.2M | $35.3M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09915 | −0.327% | $15.3M | $26.9M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09953 | +0.060% | $458 | $4K | 10x | as long as short |
| dYdX DOGE-USD | +0.0400% | 1h | 0.09941 | −0.061% | $233K | $72K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09953 | +0.055% | $403K | $454K | 10x | as long as short |
Hyperliquid DOGE
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-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
GMX DOGE/USD [ETH-USDC]
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
dYdX DOGE-USD
RISEx DOGE/USDC