Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Kalshi−0.109%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.109%, 7d avg +0.066%
=Funding pays, the price is against you. HTX is 0.175% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of +0.066%). If the spread goes back, that is −$18 on $10k: about 5.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.1001 | 0 | get 0.0000% / 8h | 5h 49m | $602K | $6.6M | 2.8x |
| Short | HTX DOGE-USDT | 0.09996 | 0.0100 | get 0.0100% / 8h | 1h 49m | $5.9M | $69.1M | 75x |
Kalshi KXDOGEPERP
HTX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.109% → +0.066%
- −$17.52
- Slippage, 4 orders
- −$15.3
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$33.83
- Costs to cover
- 0.373%
- Break-even
- 18.3 days
Slippage from Kalshi: live order book, 4 min ago; HTX: live order book, 5 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 | 5.66 bp | 10.8 bp −$11 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.70 bp | 7.7 bp −$8 | 11.6 bp −$116 | 34.8 bp −$3,475 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0082% | 1h | 0.09997 | −0.102% | $5.7M | $40.4M | 50x | as long as short |
| Polymarket Perps DOGE-USD | −0.0007% | 1h | 0.09988 | −0.192% | $267K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09997 | −0.109% | $225K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERPlong | 0.0000% | 8h | 0.1001 | long leg | $602K | $6.6M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09996 | −0.117% | $34K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.222% | $6K | $242K | 12x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.1002 | +0.107% | $18K | $382K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0080% | 8h | 0.1000 | −0.074% | $142.6M | $344.2M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | −0.046% | $854K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | −0.059% | $540K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Phoenix DOGE
Bitget DOGEUSDT
Lighter DOGE
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 | 0.09997 | −0.107% | $4.6M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1000 | −0.045% | $320K | $500K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09998 | −0.097% | $328.3M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1000 | −0.034% | $165.6M | $520.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | −0.004% | $116.8M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | −0.174% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09994 | −0.134% | $251.2M | $154.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.004% | $111.2M | $257.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09995 | −0.124% | $66.5M | $50.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1000 | −0.074% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1001 | −0.014% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09992 | −0.155% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09994 | −0.133% | $303K | $140.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1000 | −0.060% | $640K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.274% | $150K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09995 | −0.124% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09993 | −0.147% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | −0.058% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09996 | −0.114% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDTshort | +0.0100% | 8h | 0.09996 | −0.109% | $5.9M | $69.1M | 75x | |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09998 | −0.094% | $91.8M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1000 | −0.059% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09989 | −0.186% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09995 | −0.127% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0110% | 8h | 0.09999 | −0.084% | $835 | $530K | 10x | as long as short |
| Hyperliquid DOGE | +0.0111% | 1h | 0.1000 | −0.046% | $123.9M | $116.2M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0196% | 1h | 0.09991 | −0.161% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09998 | −0.094% | $16.2M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09997 | −0.104% | $1.9M | $34.7M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.1001 | +0.023% | $445 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09996 | −0.118% | $314K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0270% | 1h | 0.09997 | −0.105% | $574K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09997 | −0.104% | $27K | $300K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.1001 | +0.025% | $403K | $457K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD
RISEx DOGE/USDC