Settings8H · net · $10k
Funding arb · Price arb /

DOGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0207%/8h= −22.7% APRnext payment $2.07 per $10,000 · paid last 24h +0.025%
Price spread now: Gate against Kalshi−0.273%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$460.463% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.138%+$14 on $10k
Price spread, last 7 days+0.230%+$23 · spread now −0.273%, 7d avg +0.010%
Together, before fees+0.368%+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.283% cheaper against Kalshi than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.138%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.10500.0307pay 0.0307% / 8h7h 54m$729K$6.0M2.8x
ShortGate DOGE_USDT0.10470.0100get 0.0100% / 8h3h 54m$256.9M$139.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$43.56
Price spread: −0.273% → +0.010%
−$28.34
Slippage, 4 orders
−$21.32
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$118.21
Costs to cover
0.463%
Break-even
never at this rate
Slippage from Kalshi: live order book, 4 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 4 min ago5.93 bp10.9 bp −$1119.1 bp −$191doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago0.49 bp11.4 bp −$1124.3 bp −$24340.9 bp −$4,09464.5 bp −$32.2K

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0015%8h0.1047−0.264%$142.6M$304.4M75xas long as short
dYdX DOGE-USD0.0000%1h0.1049−0.076%$235K$59K10xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1048−0.178%$616K$167K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1050+0.044%$25K150xas long as short
Lighter DOGE+0.0096%1h0.1049−0.033%$769K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1048−0.192%$567K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1049−0.068%$4.9M$52.1M75xas long as short
Pacifica DOGE+0.0100%1h0.1051+0.154%$346K$491K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1047−0.219%$345.9M$1.54B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1047−0.216%$173.4M$474.9M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1047−0.254%$118.1M$1.12B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−4.275%$386K$85910xas long as short
Gate DOGE_USDTshort+0.0100%8h0.1047−0.273%$256.9M$139.2M75x
MEXC DOGE_USDT+0.0100%8h0.1047−0.264%$117.3M$238.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1047−0.264%$69.5M$45.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1047−0.254%$78.1Mas long as short
Variational Omni DOGE+0.0100%8h0.1049−0.019%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1027−2.173%$312K$133.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1028−2.025%$651K$4.5M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1047−0.235%$268K$883K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1049−0.083%$74K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1049−0.066%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1049−0.099%$37K$2.2M30xas long as short
HTX DOGE-USDT+0.0100%8h0.1047−0.224%$6.3M$61.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1049−0.035%$96.5M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.1046−0.304%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1046−0.354%$512K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1045−0.451%$20K3xas long as short
Katana Perps DOGE-USD+0.0128%8h0.1050+0.012%$882$477K10xas long as short
ApeX Omni DOGEUSDT+0.0174%1h0.1027−2.160%$149K$293K25xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1048−0.171%$2K20xas long as short
SoDEX DOGE-USD+0.0210%1h0.1048−0.121%$2K$4.7M10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1047−0.273%$16.4M$27.4M75xas long as short
Kraken Futures PF_DOGEUSD+0.0240%1h0.1048−0.141%$6.0M$36.5M50xas long as short
Phoenix DOGE+0.0242%1h0.1022−2.615%$66K$292K10xas long as short
01 Exchange DOGEUSD+0.0248%1h0.1049−0.081%$466$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0317%1h0.1049−0.073%$343K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1049−0.054%$2.1M$31.0M50xas long as short
Kalshi KXDOGEPERPlong+0.0307%8h0.1050long leg$729K$6.0M2.8x
Backpack DOGE_USDC_PERP+0.0404%1h0.1050−0.016%$346K$1.2M15xas long as short
Arcus DOGE-USD+0.0634%1h0.1049−0.073%$114K$199K10xas long as short
Hyperliquid DOGE+0.0635%1h0.1048−0.141%$128.8M$105.5M10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1049−0.026%$424K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.317%$6K$242K12xas long as short