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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.023%
Price spread now: Orderly against Kalshi−0.060%7-day average +0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.060%, 7d avg +0.030%
Together, before fees+0.183%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Orderly is 0.090% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.030%). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.10020get 0.0000% / 8h5h 25m$416K$4.7M2.8x
ShortOrderly PERP_DOGE_USDC0.10020.0100get 0.0100% / 8h1h 25m$73K$432K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.060% → +0.030%
−$9.03
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$4.03
Costs to cover
0.160%
Break-even
8.3 days
Slippage unknown: Kalshi: live order book, 3 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 3 min ago6.45 bp11.4 bp −$1121.3 bp −$213doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 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−0.0265%8h0.1001−0.110%$152.8M$266.0M75xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.1002long leg$416K$4.7M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1002−0.047%$32K150xas long as short
dYdX DOGE-USD+0.0008%1h0.1001−0.104%$225K$44K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0020%1h0.1001−0.080%$606K$109K25xas long as short
Phoenix DOGE+0.0081%1h0.09976−0.450%$66K$222K10xas long as short
Gate DOGE_USDT+0.0092%8h0.1001−0.100%$240.9M$123.9M75xas long as short
Lighter DOGE+0.0096%1h0.1002−0.049%$791K$5.4M15xas long as short
Katana Perps DOGE-USD+0.0097%8h0.1002−0.030%$839$369K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1002−0.055%$574K$855K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1002−0.035%$4.9M$43.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1001−0.077%$334K$508K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1001−0.083%$319.0M$1.32B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1001−0.070%$160.1M$418.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002+0.010%$109.2M$928.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1002+0.030%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09966−0.552%$382K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002−0.050%$110.7M$217.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1001−0.090%$65.9M$40.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002−0.050%$74.6Mas long as short
Variational Omni DOGE+0.0100%8h0.09974−0.466%$947K$8.0Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1000−0.198%$276K$115.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−0.069%$630K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.210%$146K$244K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1002−0.060%$267K$540K10xas long as short
Orderly PERP_DOGE_USDCshort+0.0100%8h0.1002−0.060%$73K$432K50x
Derive DOGE-PERP+0.0100%1h0.1001−0.064%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1002−0.053%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1001−0.130%$2K$3.6M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1001−0.115%$6.0M$50.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1001−0.150%$92.7M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.1001−0.114%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1001−0.063%$555K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1001−0.068%$19K3xas long as short
Reya DOGERUSDPERP+0.0176%1h0.1001−0.079%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1002−0.017%$529$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1002−0.030%$2.0M$23.5M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1002+0.010%$15.5M$24.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0270%1h0.1001−0.066%$313K200xas long as short
Kraken Futures PF_DOGEUSD+0.0364%1h0.1001−0.157%$6.0M$32.7M50xas long as short
Backpack DOGE_USDC_PERP+0.0398%1h0.1001−0.080%$535K$954K15xas long as short
Hyperliquid DOGE+0.0419%1h0.1003+0.070%$110.7M$82.6M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1002+0.030%$314K$476K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1003+0.090%$5K$207K12xas long as short