DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.066%

Price spread now: BloFin against Kalshi+0.371%61s7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1as 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−$390.390% of the position

Long on Kalshi Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.383%+$38 on $10k

Price spread, last 4 days (all we have)−0.380%−$38 · spread now +0.371%, 7d avg +0.057%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.313% dearer against Kalshi than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.057%. The two prices were read 61 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	Kalshi KXDOGEPERP	0.1033	0	get 0.0000% / 8h	7h 28m	$709K	$6.2M	2.8x
Short	BloFin DOGE-USDT	0.1037	0.0220	get 0.0220% / 8h	3h 28m	$16.7M	$27.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Kalshi. 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 KalshibpFee BloFinbpOrdersPrice spread, now +0.371%Rate

Funding earned: $46.2
Price spread: +0.371% → +0.057%: $31.35
Slippage, 4 orders: −$16.99
Fee Kalshi: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $38.56
Costs to cover: 0.390%
Break-even: 1.2 days

Slippage from Kalshi: live order book, 5 min ago; BloFin: 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 Kalshi live order book, 5 min ago	6.64 bp	11.7 bp −$12	19.6 bp −$196	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	0.96 bp	7.9 bp −$8	8.4 bp −$84	11.6 bp −$1,159	28.6 bp −$14.3K

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
Kalshi KXDOGEPERPlong	0.0000%	8h	0.1033	long leg	$709K	$6.2M	2.8x
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1032	−0.151%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0013%	1h	0.1033	+0.028%	$232K	$70K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0031%	1h	0.1031	−0.183%	$585K	$246K	25x	as long as short
Bitget DOGEUSDT	+0.0048%	8h	0.1031	−0.200%	$135.1M	$314.9M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1031	−0.177%	$732K	$6.4M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1032	−0.142%	$559K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1032	−0.104%	$4.9M	$54.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1034	+0.090%	$331K	$518K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1032	−0.133%	$343.5M	$1.60B	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.1031	−0.171%	$170.8M	$494.0M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1032	−0.123%	$117.7M	$1.15B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1046	+1.268%	$402K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1031	−0.191%	$255.8M	$144.2M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1032	−0.152%	$116.2M	$243.0M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1033	+0.022%	$67.9M	$47.9M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1032	−0.162%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1035	+0.206%	$349K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1038	+0.435%	$1.2M	$8.4M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1040	+0.621%	$332K	$135.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1038	+0.516%	$656K	$4.5M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1039	+0.564%	$155K	$327K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1033	−0.016%	$259K	$968K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1032	−0.133%	$72K	$457K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1031	−0.167%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1032	−0.071%	$36K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1031	−0.191%	$2K	$5.0M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1031	−0.256%	$6.0M	$65.0M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1031	−0.181%	$94.8M	$17.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0101%	8h	0.1033	+0.003%	$19K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1031	−0.234%	$499K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1031	−0.196%	$20K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0124%	8h	0.1034	+0.100%	$931	$495K	10x	as long as short
Reya DOGERUSDPERP	+0.0192%	1h	0.1031	−0.181%	$2K	—	20x	as long as short
BloFin DOGE-USDTshort	+0.0220%	8h	0.1037	+0.371%	$16.7M	$27.4M	75x
Phoenix DOGE	+0.0235%	1h	0.1047	+1.297%	$19K	$292K	10x	as long as short
Kraken Futures PF_DOGEUSD	+0.0244%	1h	0.1031	−0.226%	$5.5M	$38.6M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0259% / S −0.0320%	1h	0.1032	−0.151%	$340K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0264%	1h	0.1035	+0.179%	$460	$4K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1032	−0.104%	$2.0M	$33.1M	50x	as long as short
Hyperliquid DOGE	+0.0543%	1h	0.1035	+0.158%	$128.7M	$109.6M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1036	+0.235%	$112K	$200K	10x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1035	+0.138%	$418K	$428K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	+1.919%	$6K	$242K	12x	as long as short