Funding you earn now, next payment 09:00 UTC+0.0304%/8h= +33.2% APRpaid last 24h +0.086%
Price spread now: GMX against Kalshi−0.012%7-day average +0.058% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.272%+$27 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.012%, 7d avg +0.058%
=Funding pays, the price is against you. GMX is 0.070% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.058%). If the spread goes back, that is −$7 on $10k: about 18 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.09970 | 0 | get 0.0000% / 8h | 3h 00m | $515K | $6.6M | 2.8x |
| Short | GMX DOGE/USD [ETH-USDC] | 0.09969 | L +0.0235% / S −0.0304% | get 0.0038% / 1h | 0m 21s | $360K | — | 200x |
Kalshi KXDOGEPERP
GMX DOGE/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $63.76
- Price spread: −0.012% → +0.058%
- −$6.99
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $34.77
- Costs to cover
- 0.220%
- Break-even
- 3.2 days
Slippage unknown: Kalshi: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
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, 3 min ago | 3.56 bp | 12.4 bp −$12 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DOGE on 43 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0095% | 1h | 0.09970 | −0.003% | $5.4M | $40.6M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0023% | 8h | 0.09959 | −0.113% | $140.7M | $347.7M | 75x | as long as short |
| Kalshi KXDOGEPERPlong | 0.0000% | 8h | 0.09970 | long leg | $515K | $6.6M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09967 | −0.031% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.614% | $6K | $242K | 12x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0061% | 1h | 0.09972 | +0.022% | $558K | $301K | 25x | as long as short |
| Gate DOGE_USDT | +0.0070% | 8h | 0.09964 | −0.063% | $252.8M | $157.4M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09963 | −0.073% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09975 | +0.048% | $829K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09970 | −0.003% | $1K | $544K | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Deribit DOGE_USDC-PERPETUAL
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.09964 | −0.063% | $516K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09976 | +0.053% | $124.5M | $113.5M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09967 | −0.037% | $5.0M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09968 | −0.022% | $324K | $474K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09968 | −0.023% | $329.1M | $1.69B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09966 | −0.043% | $167.9M | $521.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09966 | −0.043% | $116.9M | $1.18B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09972 | +0.017% | $17K | $307K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09946 | −0.249% | $380K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09968 | −0.023% | $113.0M | $266.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09969 | −0.013% | $66.4M | $49.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09967 | −0.033% | — | $50.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09965 | −0.053% | $309K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09958 | −0.127% | $1.1M | $8.3M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09957 | −0.137% | $264K | $138.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09957 | −0.135% | $627K | $4.0M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | −0.204% | $142K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09964 | −0.061% | $260K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09969 | −0.013% | $72K | $451K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09973 | +0.026% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09969 | −0.013% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09981 | +0.111% | $6.0M | $67.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09968 | −0.023% | $91.0M | $16.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09965 | −0.058% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09964 | −0.066% | $483K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09969 | −0.011% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0203% | 1h | 0.09965 | −0.053% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09976 | +0.056% | $459 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09980 | +0.097% | $2.2M | $35.4M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09969 | −0.013% | $15.5M | $27.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0235% / S −0.0304% | 1h | 0.09969 | −0.012% | $360K | — | 200x | |
| dYdX DOGE-USD | +0.0343% | 1h | 0.09964 | −0.059% | $234K | $72K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09975 | +0.047% | $404K | $450K | 10x | as long as short |
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
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
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
dYdX DOGE-USD
RISEx DOGE/USDC