Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: MEXC against Kalshi−0.045%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.045%, 7d avg +0.024%
=Funding pays, the price is against you. MEXC is 0.069% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.024%). If the spread goes back, that is −$7 on $10k: about 2.3 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 | 0.09853 | 0 | get 0.0000% / 8h | 1h 55m | $526K | $6.3M | 2.8x |
| Short | MEXC DOGE_USDT | 0.09849 | 0.0100 | get 0.0100% / 8h | 5h 55m | $113.2M | $247.3M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.045% → +0.024%
- −$6.87
- Slippage, 4 orders
- −$16.34
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$12.21
- Costs to cover
- 0.263%
- Break-even
- 11.1 days
Slippage from Kalshi: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 2.94 bp | 13.4 bp −$13 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.51 bp | 0.5 bp −$1 | 0.6 bp −$6 | 6.7 bp −$675 | 36.9 bp −$18.4K |
DOGE on 43 exchanges
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 | −0.0139% | 1h | 0.09850 | −0.036% | $5.3M | $39.7M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0038% | 8h | 0.09843 | −0.106% | $139.4M | $305.4M | 75x | as long as short |
| Kalshi KXDOGEPERPlong | 0.0000% | 8h | 0.09853 | long leg | $526K | $6.3M | 2.8x | |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09852 | −0.018% | $551K | $293K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09859 | +0.053% | $33K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0023% | 8h | 0.09844 | −0.095% | $165.9M | $494.3M | 75x | as long as short |
| Gate DOGE_USDT | +0.0033% | 8h | 0.09848 | −0.055% | $253.4M | $143.7M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.867% | $6K | $240K | 12x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09857 | +0.033% | $814K | $6.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09850 | −0.035% | $943 | $541K | 10x | as long as short |
Show all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.09845 | −0.085% | $509K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09849 | −0.045% | $4.9M | $57.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09853 | −0.004% | $315K | $457K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09849 | −0.047% | $325.1M | $1.60B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09849 | −0.045% | $118.3M | $1.10B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09853 | −0.004% | $17K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09860 | +0.067% | $376K | $2K | 10x | as long as short |
| MEXC DOGE_USDTshort | +0.0100% | 8h | 0.09849 | −0.045% | $113.2M | $247.3M | 300x | |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09850 | −0.035% | $65.1M | $45.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09845 | −0.085% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09851 | −0.024% | $314K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09847 | −0.065% | $1.3M | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09857 | +0.039% | $266K | $131.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09861 | +0.077% | $621K | $3.8M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | +0.168% | $139K | $344K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09843 | −0.103% | $243K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09852 | −0.014% | $68K | $414K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09856 | +0.025% | $35K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09849 | −0.045% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09854 | +0.011% | $5.9M | $64.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09849 | −0.045% | $89.8M | $15.4M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09851 | −0.029% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09845 | −0.088% | $482K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09850 | −0.038% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0127% | 1h | 0.09857 | +0.039% | $122.4M | $108.6M | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0144% | 1h | 0.09850 | −0.033% | $453 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0161% | 1h | 0.09864 | +0.110% | $18K | $311K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0206% | 1h | 0.09845 | −0.085% | $2K | — | 20x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0211% / S −0.0184% | 1h | 0.09846 | −0.073% | $285K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09849 | −0.045% | $15.4M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0264% | 1h | 0.09853 | −0.004% | $2.2M | $33.0M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0587% | 1h | 0.09862 | +0.083% | $409K | $412K | 10x | as long as short |
| dYdX DOGE-USD | +0.0853% | 1h | 0.09853 | −0.009% | $231K | $75K | 10x | as long as short |
Kalshi KXDOGEPERP
MEXC DOGE_USDT
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Bybit DOGEUSDT
Gate DOGE_USDT
Injective DOGE/USDC PERP
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Hyperliquid DOGE
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC