Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: SoDEX against Kalshi+0.058%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 3 days (all we have)+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.058%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.022% dearer against Kalshi than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.09980 | 0 | get 0.0000% / 8h | 5h 02m | $612K | $6.6M | 2.8x |
| Short | SoDEX DOGE-USD | 0.09986 | 0.0100 | get 0.0013% / 1h | 2m 08s | $2K | $5.4M | 10x |
Kalshi KXDOGEPERP
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: +0.058% → +0.037%
- $2.15
- Slippage, 4 orders
- −$10.71
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$5.56
- Costs to cover
- 0.287%
- Break-even
- 8.9 days
Slippage from Kalshi: live order book, 2 min ago; SoDEX: 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 | 3.35 bp | 8.3 bp −$8 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 2 min ago | 0.50 bp | 4.5 bp −$4 | 8.3 bp −$83 | 144.6 bp −$14.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09987 | +0.066% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09990 | +0.098% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERPlong | 0.0000% | 8h | 0.09980 | long leg | $612K | $6.6M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09981 | +0.012% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.509% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0038% | 8h | 0.09978 | −0.022% | $141.5M | $344.4M | 75x | as long as short |
| Polymarket Perps DOGE-USD | +0.0045% | 1h | 0.09978 | −0.019% | $262K | $1.2M | 10x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.1002 | +0.430% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09993 | +0.130% | $846K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09987 | +0.068% | $538K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Polymarket Perps DOGE-USD
Phoenix DOGE
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09987 | +0.068% | $4.5M | $58.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09991 | +0.110% | $319K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09988 | +0.078% | $329.7M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09983 | +0.028% | $164.2M | $521.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09988 | +0.078% | $116.9M | $1.21B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1001 | +0.266% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09983 | +0.028% | $249.8M | $157.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09988 | +0.078% | $112.6M | $258.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09985 | +0.048% | $66.7M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09986 | +0.058% | — | $53.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09986 | +0.058% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | +0.336% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1001 | +0.343% | $304K | $140.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.309% | $631K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | +0.399% | $146K | $341K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09982 | +0.018% | $70K | $470K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1000 | +0.222% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09992 | +0.123% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.09986 | +0.058% | $2K | $5.4M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09985 | +0.043% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09989 | +0.088% | $91.5M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09988 | +0.074% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09978 | −0.019% | $490K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09985 | +0.048% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0107% | 1h | 0.09994 | +0.135% | $124.4M | $117.0M | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09988 | +0.078% | $834 | $536K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0181% | 1h | 0.09987 | +0.067% | $573K | $252K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0198% | 1h | 0.09979 | −0.009% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | +0.279% | $16.3M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09985 | +0.048% | $1.9M | $34.7M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09982 | +0.017% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.09995 | +0.146% | $444 | $4K | 10x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09988 | +0.078% | $17K | $308K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09996 | +0.157% | $402K | $458K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Hyperliquid DOGE
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Arcus DOGE-USD
RISEx DOGE/USDC