Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: BingX against Kalshi+0.057%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.057%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.045% dearer against Kalshi than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.1001 | 0 | get 0.0000% / 8h | 3h 56m | $408K | $4.8M | 2.8x |
| Short | BingX DOGE-USDT | 0.1001 | 0.0100 | get 0.0100% / 8h | 7h 56m | — | $76.2M | — |
Kalshi KXDOGEPERP
BingX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kalshi. 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
- $21
- Price spread: +0.057% → +0.012%
- $4.52
- Slippage, 4 orders
- −$19.28
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.77
- Costs to cover
- 0.393%
- Break-even
- 11.6 days
Slippage from Kalshi: live order book, 2 min ago; BingX: live order book, 2 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 Kalshi live order book, 2 min ago | 6.41 bp | 13.8 bp −$14 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 1.50 bp | 6.5 bp −$7 | 6.5 bp −$65 | 9.2 bp −$916 | 24.5 bp −$12.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.1894% | 8h | 0.09998 | −0.083% | $92.3M | $19.1M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0205% | 8h | 0.1000 | −0.023% | $152.8M | $270.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.10000 | −0.064% | $6.0M | $33.7M | 50x | as long as short |
| Kalshi KXDOGEPERPlong | 0.0000% | 8h | 0.1001 | long leg | $408K | $4.8M | 2.8x | |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1000 | −0.037% | $602K | $121K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1000 | −0.020% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0058% | 1h | 0.1001 | +0.074% | $225K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1002 | +0.157% | $860K | $5.6M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1001 | +0.017% | $1K | $398K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | −0.018% | $513K | $977K | 10x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
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 | 0.1001 | −0.005% | $4.9M | $46.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1002 | +0.127% | $334K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1002 | +0.118% | $318.8M | $1.39B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.067% | $157.9M | $436.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | +0.097% | $110.4M | $963.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1002 | +0.097% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09980 | −0.263% | $382K | $12K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1001 | +0.037% | $242.2M | $126.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | +0.087% | $111.4M | $222.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | +0.117% | $66.1M | $42.3M | 75x | as long as short |
| BingX DOGE-USDTshort | +0.0100% | 8h | 0.1001 | +0.057% | — | $76.2M | — | |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1000 | −0.043% | $381K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09975 | −0.311% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | −0.240% | $258K | $121.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09979 | −0.273% | $628K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.263% | $146K | $253K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09996 | −0.107% | $265K | $567K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09999 | −0.073% | $73K | $446K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09999 | −0.070% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | −0.024% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1000 | −0.053% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1000 | −0.036% | $6.0M | $52.2M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1001 | +0.065% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1001 | +0.038% | $616K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1000 | −0.057% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.1002 | +0.101% | $529 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0180% | 1h | 0.09998 | −0.083% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1000 | −0.063% | $15.3M | $25.4M | 75x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.09979 | −0.268% | $66K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1000 | −0.023% | $2.0M | $24.5M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.1000 | −0.025% | $308K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1002 | +0.106% | $317K | $478K | 10x | as long as short |
| Hyperliquid DOGE | +0.0817% | 1h | 0.1003 | +0.227% | $118.3M | $91.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1002 | +0.137% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP