Funding you earn now, next payment 01:00 UTC−0.1050%/8h= −115.0% APRnext payment −$1.31 per $10,000 · paid last 24h −0.165%
Price spread now: Kraken Futures against Injective−0.388%63s7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$231as 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−$830.829% of the position
Funding, last 7 days−1.480%−$148 on $10k
+Price spread, last 3 days (all we have)+0.347%+$35 · spread now −0.388%, 7d avg −0.176%
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Kraken Futures is 0.212% cheaper against Injective than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.176%). Swap the legs. The two prices were read 63 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 | Injective DOGE/USDC PERP | 0.1013 | 0.0973 | pay 0.0122% / 1h | 8m 17s | $5K | $239K | 12x |
| Short | Kraken Futures PF_DOGEUSD | 0.1009 | −0.0077 | pay 0.0010% / 1h | 8m 17s | $6.1M | $33.9M | 50x |
Injective DOGE/USDC PERP
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$220.49
- Price spread: −0.388% → −0.176%
- −$21.18
- Slippage, 4 orders
- −$72.9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$324.59
- Costs to cover
- 0.829%
- Break-even
- never at this rate
Slippage from Injective: live order book, 1 min ago; Kraken Futures: live order book, 6 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 Injective live order book, 1 min ago | 29.73 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 1.97 bp | 13.2 bp −$13 | 14.8 bp −$148 | 29.8 bp −$2,976 | 430.6 bp −$215.3K |
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 | −0.0165% | 8h | 0.1008 | −0.454% | $153.1M | $271.5M | 75x | as long as short |
| Kraken Futures PF_DOGEUSDshort | −0.0077% | 1h | 0.1009 | −0.388% | $6.1M | $33.9M | 50x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1011 | −0.159% | $416K | $4.9M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1009 | −0.375% | $607K | $119K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1009 | −0.347% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0011% | 1h | 0.1009 | −0.357% | $227K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1010 | −0.323% | $797K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1010 | −0.326% | $847 | $421K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1009 | −0.383% | $517K | $972K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1009 | −0.360% | $5.1M | $46.7M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1009 | −0.349% | $336K | $512K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.336% | $321.1M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.336% | $160.9M | $438.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1010 | −0.316% | $111.6M | $974.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1010 | −0.296% | $28K | $74K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −0.969% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1009 | −0.395% | $245.5M | $131.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1009 | −0.365% | $113.6M | $226.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1009 | −0.385% | $66.2M | $42.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1010 | −0.336% | — | $76.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1010 | −0.267% | $366K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1009 | −0.406% | $996K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1009 | −0.351% | $270K | $124.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1012 | −0.128% | $644K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1010 | −0.296% | $148K | $268K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1009 | −0.424% | $267K | $633K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1009 | −0.405% | $74K | $426K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1009 | −0.416% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1009 | −0.360% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1009 | −0.375% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1010 | −0.280% | $6.0M | $52.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.316% | $93.2M | $18.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1009 | −0.425% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1009 | −0.407% | $534K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1009 | −0.349% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.1010 | −0.293% | $533 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1009 | −0.406% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1011 | −0.247% | $15.5M | $25.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1010 | −0.306% | $2.0M | $25.3M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1013 | −0.026% | $66K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0271% | 1h | 0.1009 | −0.358% | $317K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1010 | −0.301% | $326K | $404K | 10x | as long as short |
| Hyperliquid DOGE | +0.0770% | 1h | 0.1010 | −0.306% | $123.3M | $95.6M | 10x | as long as short |
| Injective DOGE/USDC PERPlong | +0.0973% | 1h | 0.1013 | long leg | $5K | $239K | 12x |
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-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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE