Funding you earn now, next payment 05:00 UTC+0.0770%/8h= +84.3% APRpaid last 24h +0.239%
Price spread now: Injective against Kalshi−0.442%66s7-day average +0.232% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.699%+$170 on $10k
+Price spread, last 4 days (all we have)+0.358%+$36 · spread now −0.442%, 7d avg +0.232%
=Funding pays, the price is against you. Injective is 0.674% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.442% now, against its 7-day average of +0.232%). If the spread goes back, that is −$67 on $10k: about 2.9 days of funding at the current rate (+$23 a day). The two prices were read 66 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 | 0.1058 | 0.0292 | pay 0.0292% / 8h | 7h 51m | $763K | $6.1M | 2.8x |
| Short | Injective DOGE/USDC PERP | 0.1053 | 0.1062 | get 0.0133% / 1h | 51m 58s | $6K | $242K | 12x |
Kalshi KXDOGEPERP
Injective DOGE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $161.63
- Price spread: −0.442% → +0.232%
- −$67.42
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $84.19
- Costs to cover
- 0.100%
- Break-even
- 3.4 days
Slippage unknown: Kalshi: live order book, 2 min ago; Injective: live order book, 2 min ago. 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, 2 min ago | 6.41 bp | 11.4 bp −$11 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Injective live order book, 2 min ago | 38.06 bp | 528.3 bp −$528 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0007% | 8h | 0.1055 | −0.282% | $143.2M | $306.4M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1056 | −0.200% | $237K | $59K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1055 | −0.251% | $25K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1055 | −0.280% | $755K | $6.3M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1055 | −0.208% | $571K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1055 | −0.223% | $5.0M | $52.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1057 | −0.095% | $348K | $491K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1054 | −0.320% | $348.2M | $1.56B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1054 | −0.367% | $175.0M | $482.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1053 | −0.395% | $120.0M | $1.14B | 50x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk DOGE-USD | +0.0100% | 1h | 0.1047 | −1.044% | $402K | $11K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1054 | −0.367% | $259.1M | $140.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1054 | −0.357% | $119.0M | $238.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1054 | −0.320% | $69.8M | $46.8M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1054 | −0.357% | — | $78.3M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1049 | −0.777% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1048 | −0.893% | $318K | $133.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1028 | −2.767% | $651K | $4.5M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1055 | −0.272% | $270K | $887K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1055 | −0.291% | $74K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1055 | −0.287% | $26K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1054 | −0.308% | $37K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1055 | −0.282% | $2K | $4.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1054 | −0.317% | $6.2M | $62.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1055 | −0.216% | $97.1M | $17.1M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1055 | −0.286% | $511K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1054 | −0.321% | $20K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.1056 | −0.165% | $19K | $7K | 30x | as long as short |
| Katana Perps DOGE-USD | +0.0126% | 8h | 0.1057 | −0.093% | $1K | $480K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0191% | 1h | 0.1056 | −0.190% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0215% | 1h | 0.1055 | −0.241% | $595K | $241K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1055 | −0.244% | $16.5M | $27.6M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1050 | −0.703% | $68K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0239% | 1h | 0.1054 | −0.345% | $5.8M | $37.4M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1057 | −0.088% | $470 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0261% / S −0.0320% | 1h | 0.1055 | −0.299% | $348K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0262% | 1h | 0.1055 | −0.225% | $354K | $1.2M | 15x | as long as short |
| Kalshi KXDOGEPERPlong | +0.0292% | 8h | 0.1058 | long leg | $763K | $6.1M | 2.8x | |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1055 | −0.282% | $2.2M | $31.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1056 | −0.178% | $115K | $200K | 10x | as long as short |
| Hyperliquid DOGE | +0.0697% | 1h | 0.1056 | −0.130% | $130.5M | $106.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1057 | −0.104% | $426K | $426K | 10x | as long as short |
| Injective DOGE/USDC PERPshort | +0.1062% | 1h | 0.1053 | −0.442% | $6K | $242K | 12x | |
| ApeX Omni DOGEUSDT | +0.1281% | 1h | 0.1047 | −1.010% | $164K | $302K | 25x | as long as short |
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Katana Perps DOGE-USD
Reya DOGERUSDPERP
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
Phoenix DOGE
Kraken Futures PF_DOGEUSD
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
Hyperliquid DOGE
RISEx DOGE/USDC
ApeX Omni DOGEUSDT