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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Kalshi−0.115%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 7 days+0.050%+$5 · spread now −0.115%, 7d avg +0.010%
Together, before fees+0.196%+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.125% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.010%). If the spread goes back, that is −$12 on $10k: about 4.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.10010get 0.0000% / 8h3h 03m$412K$4.9M2.8x
ShortKuCoin DOGEUSDTM0.10000.0100get 0.0100% / 8h7h 03m$65.7M$42.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.115% → +0.010%
−$12.46
Slippage, 4 orders
−$20.84
Fee Kalshi: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$34.3
Costs to cover
0.428%
Break-even
18.4 days
Slippage from Kalshi: live order book, 1 min ago; KuCoin: live order book, 6 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, 1 min ago6.49 bp11.5 bp −$1119.2 bp −$192doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago1.98 bp9.4 bp −$914.9 bp −$14937.0 bp −$3,702doesn't fit

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−0.0161%8h0.1000−0.085%$151.9M$271.8M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.09996−0.165%$5.9M$34.1M50xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.1001long leg$412K$4.9M2.8x
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1001+0.020%$602K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1001−0.046%$23K150xas long as short
dYdX DOGE-USD+0.0010%1h0.1001−0.001%$225K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1000−0.119%$787K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1002+0.045%$837$426K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09999−0.130%$5.2M$46.8M75xas long as short
Pacifica DOGE+0.0100%1h0.1002+0.054%$334K$512K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDT+0.0100%8h0.1000−0.092%$318.0M$1.41B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1000−0.095%$159.5M$439.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001−0.025%$110.0M$968.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1001−0.025%$76K$124K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1009+0.807%$387K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09998−0.145%$242.8M$131.9M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09992−0.205%$110.2M$226.9M300xas long as short
KuCoin DOGEUSDTMshort+0.0100%8h0.1000−0.115%$65.7M$42.5M75x
BingX DOGE-USDC+0.0100%8h0.1000−0.095%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1000−0.115%$363K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006+0.491%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1009+0.739%$270K$125.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1006+0.524%$639K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1007+0.574%$148K$269K25xas long as short
Nado DOGE-PERP+0.0100%1h0.1001−0.045%$514K$973K10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1000−0.115%$262K$633K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1002+0.025%$73K$429K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1001−0.008%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1001+0.010%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1001−0.005%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09990−0.225%$6.0M$53.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09990−0.225%$92.2M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0102%8h0.1001−0.008%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001−0.062%$528K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1002+0.028%$19K3xas long as short
01 Exchange DOGEUSD+0.0168%1h0.1001+0.002%$529$4K10xas long as short
Reya DOGERUSDPERP+0.0183%1h0.1001−0.063%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09987−0.255%$15.4M$25.5M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09995−0.175%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0240%1h0.1008+0.632%$65K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0271%1h0.1001−0.052%$315K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1001−0.058%$323K$404K10xas long as short
Hyperliquid DOGE+0.0747%1h0.1001−0.035%$121.8M$96.3M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1011+0.974%$5K$239K12xas long as short