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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against Kalshi+0.100%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.100%, 7d avg +0.044%
Together, before fees+0.051%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.056% dearer against Kalshi than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.098850get 0.0000% / 8h3h 57m$578K$6.6M2.8x
ShortPacifica DOGE0.098950.0100get 0.0013% / 1h57m 31s$321K$506K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.100% → +0.044%
$5.6
Slippage, 4 orders
−$19.41
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$10.8
Costs to cover
0.374%
Break-even
10.6 days
Slippage from Kalshi: live order book, 1 min ago; Pacifica: live order book, 41 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 ago3.64 bp8.6 bp −$919.5 bp −$195doesn't fitdoesn't fit
Sell Pacifica live order book, 41 min ago2.02 bp7.7 bp −$814.8 bp −$148doesn't fitdoesn'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
Phemex DOGEUSDT−0.1898%8h0.09881−0.045%$90.3M$16.6M50xas long as short
Gate DOGE_USDT−0.0311%8h0.09894+0.087%$250.4M$152.3M75xas long as short
Kraken Futures PF_DOGEUSD−0.0096%1h0.09885−0.002%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0006%8h0.09893+0.077%$140.4M$348.0M75xas long as short
dYdX DOGE-USD0.0000%1h0.09895+0.098%$222K$63K10xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.09885long leg$578K$6.6M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09903+0.179%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.521%$6K$242K12xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0043%1h0.09886+0.009%$552K$280K25xas long as short
Lighter DOGE+0.0096%1h0.09906+0.206%$826K$6.8M15xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps DOGE-USD+0.0100%8h0.09895+0.097%$1K$544K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09895+0.097%$536K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09907+0.222%$123.5M$117.3M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09899+0.139%$4.9M$59.7M75xas long as short
Pacifica DOGEshort+0.0100%1h0.09895+0.100%$321K$506K20x
Binance DOGEUSDT+0.0100%8h0.09900+0.152%$327.3M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09897+0.117%$163.5M$526.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09902+0.168%$115.0M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09900+0.148%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.004%$377K$16K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09902+0.168%$116.6M$257.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09900+0.148%$66.4M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09896+0.107%$53.7Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09876−0.095%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09877−0.083%$1.0M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09873−0.123%$301K$139.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09865−0.206%$625K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870−0.156%$141K$346K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09902+0.168%$258K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09887+0.016%$70K$478K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09861−0.250%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09890+0.048%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09884−0.014%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09877−0.082%$5.8M$69.1M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09897+0.117%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09892+0.072%$483K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09883−0.026%$19K3xas long as short
Phoenix DOGE+0.0160%1h0.098850.000%$18K$386K10xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09898+0.127%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09888+0.026%$1.9M$34.9M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09872−0.136%$15.4M$26.7M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0235% / S −0.0245%1h0.09884−0.011%$276K200xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09904+0.193%$440$4K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.09910+0.249%$399K$455K10xas long as short