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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.1050 | 0.0307 | pay 0.0307% / 8h | 7h 54m | $729K | $6.0M | 2.8x |
| Short | Gate DOGE_USDT | 0.1047 | 0.0100 | get 0.0100% / 8h | 3h 54m | $256.9M | $139.2M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kalshi live order book, 4 min ago | 5.93 bp | 10.9 bp −$11 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.49 bp | 11.4 bp −$11 | 24.3 bp −$243 | 40.9 bp −$4,094 | 64.5 bp −$32.2K |
DOGE on 44 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0015% | 8h | 0.1047 | −0.264% | $142.6M | $304.4M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1049 | −0.076% | $235K | $59K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1048 | −0.178% | $616K | $167K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1050 | +0.044% | $25K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1049 | −0.033% | $769K | $6.3M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1048 | −0.192% | $567K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1049 | −0.068% | $4.9M | $52.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1051 | +0.154% | $346K | $491K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1047 | −0.219% | $345.9M | $1.54B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1047 | −0.216% | $173.4M | $474.9M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1047 | −0.254% | $118.1M | $1.12B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −4.275% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDTshort | +0.0100% | 8h | 0.1047 | −0.273% | $256.9M | $139.2M | 75x | |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1047 | −0.264% | $117.3M | $238.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1047 | −0.264% | $69.5M | $45.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1047 | −0.254% | — | $78.1M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1049 | −0.019% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1027 | −2.173% | $312K | $133.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1028 | −2.025% | $651K | $4.5M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1047 | −0.235% | $268K | $883K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1049 | −0.083% | $74K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1049 | −0.066% | $26K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1049 | −0.099% | $37K | $2.2M | 30x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1047 | −0.224% | $6.3M | $61.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1049 | −0.035% | $96.5M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0103% | 8h | 0.1046 | −0.304% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1046 | −0.354% | $512K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1045 | −0.451% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0128% | 8h | 0.1050 | +0.012% | $882 | $477K | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0174% | 1h | 0.1027 | −2.160% | $149K | $293K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0191% | 1h | 0.1048 | −0.171% | $2K | — | 20x | as long as short |
| SoDEX DOGE-USD | +0.0210% | 1h | 0.1048 | −0.121% | $2K | $4.7M | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1047 | −0.273% | $16.4M | $27.4M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0240% | 1h | 0.1048 | −0.141% | $6.0M | $36.5M | 50x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1022 | −2.615% | $66K | $292K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.1049 | −0.081% | $466 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0260% / S −0.0317% | 1h | 0.1049 | −0.073% | $343K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1049 | −0.054% | $2.1M | $31.0M | 50x | as long as short |
| Kalshi KXDOGEPERPlong | +0.0307% | 8h | 0.1050 | long leg | $729K | $6.0M | 2.8x | |
| Backpack DOGE_USDC_PERP | +0.0404% | 1h | 0.1050 | −0.016% | $346K | $1.2M | 15x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1049 | −0.073% | $114K | $199K | 10x | as long as short |
| Hyperliquid DOGE | +0.0635% | 1h | 0.1048 | −0.141% | $128.8M | $105.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1049 | −0.026% | $424K | $426K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +0.317% | $6K | $242K | 12x | as long as short |
Kalshi KXDOGEPERP
Gate DOGE_USDT
Bitget DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Katana Perps DOGE-USD
ApeX Omni DOGEUSDT
SoDEX DOGE-USD
BloFin DOGE-USDT
Kraken Futures PF_DOGEUSD
Phoenix DOGE
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP