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: SunX against Kalshi+0.046%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$670.675% 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 3 days (all we have)−0.003%$0 · spread now +0.046%, 7d avg +0.076%
Together, before fees+0.207%+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.030% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.076%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.10060get 0.0000% / 8h3h 32m$400K$4.8M2.8x
ShortSunX DOGE-USDT0.10060.0100get 0.0100% / 8h7h 32m$35K$2.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.046% → +0.076%
−$3.05
Slippage, 4 orders
−$49.47
Fee Kalshi: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$49.51
Costs to cover
0.675%
Break-even
23.5 days
Slippage from Kalshi: live order book, 1 min ago; SunX: live order book, 4 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 ago4.07 bp9.2 bp −$916.5 bp −$165doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago13.22 bp29.1 bp −$2939.6 bp −$396doesn'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−0.0309%8h0.1006−0.010%$92.9M$18.0M50xas long as short
Bitget DOGEUSDT−0.0187%8h0.1004−0.209%$152.9M$270.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1006+0.025%$6.0M$33.9M50xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.1006long leg$400K$4.8M2.8x
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1006−0.006%$605K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1005−0.070%$24K150xas long as short
dYdX DOGE-USD+0.0021%1h0.1006+0.043%$226K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1007+0.077%$788K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1006−0.050%$840$410K10xas long as short
Nado DOGE-PERP+0.0100%1h0.10060.000%$516K$973K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1007+0.054%$5.0M$46.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1007+0.057%$335K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1006+0.049%$320.3M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1006−0.040%$159.5M$437.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1006−0.040%$110.3M$968.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1005−0.060%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−0.084%$385K$9K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1005−0.099%$244.3M$129.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1006+0.040%$113.7M$224.3M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1006−0.010%$65.9M$42.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1006−0.040%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1006+0.040%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.447%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1008+0.150%$265K$123.2M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1007+0.069%$643K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1010+0.398%$148K$267K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1006−0.020%$274K$577K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1006−0.030%$73K$428K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006−0.026%$25K$1K10xas long as short
SunX DOGE-USDTshort+0.0100%8h0.1006+0.046%$35K$2.2M30x
SoDEX DOGE-USD+0.0100%1h0.1006−0.010%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1006−0.023%$6.0M$52.5M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1006−0.041%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1005−0.140%$532K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006−0.026%$19K3xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1006+0.018%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.1006+0.006%$531$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1006−0.010%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1007+0.080%$2.0M$24.9M50xas long as short
Phoenix DOGE+0.0240%1h0.1008+0.169%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.1005−0.069%$310K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1005−0.060%$318K$477K10xas long as short
Hyperliquid DOGE+0.0849%1h0.1007+0.129%$122.0M$93.8M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1011+0.497%$5K$239K12xas long as short