Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.056%

Price spread now: 01 Exchange against Kalshi−0.051%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kalshi Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.051% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 22 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXDOGEPERP	0.09899	0	get 0.0000% / 8h	6h 31m	$637K	$6.4M	2.8x
Short	01 Exchange DOGEUSD	0.09895	0.0184	get 0.0023% / 1h	31m 35s	$440	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee KalshibpFee 01 ExchangebpOrdersPrice spread, now −0.051%Rate

Funding earned: $38.64
Price spread: −0.051% → 0.000%: −$5.05
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $16.59
Costs to cover: 0.170%
Break-even: 4.0 days

Slippage unknown: Kalshi: live order book, 2 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kalshi live order book, 2 min ago	7.23 bp	12.2 bp −$12	21.7 bp −$217	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXDOGEPERPlong	0.0000%	8h	0.09899	long leg	$637K	$6.4M	2.8x
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09891	−0.091%	$34K	—	150x	as long as short
Kraken Futures PF_DOGEUSD	+0.0002%	1h	0.09888	−0.112%	$5.6M	$39.8M	50x	as long as short
Polymarket Perps DOGE-USD	+0.0027%	1h	0.09876	−0.239%	$266K	$1.2M	10x	as long as short
dYdX DOGE-USD	+0.0048%	1h	0.09886	−0.132%	$222K	$70K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09897	−0.020%	$865K	$6.7M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09879	−0.207%	$535K	$1.1M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09888	−0.114%	$4.4M	$56.9M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09889	−0.109%	$316K	$516K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09888	−0.118%	$322.6M	$1.67B	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOGEUSDT	+0.0100%	8h	0.09881	−0.187%	$162.3M	$516.2M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09884	−0.157%	$114.6M	$1.16B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09900	+0.005%	$380K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09886	−0.136%	$246.8M	$151.5M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09887	−0.126%	$110.3M	$252.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09886	−0.136%	$65.5M	$49.4M	75x	as long as short
Bitget DOGEUSDT	+0.0100%	8h	0.09876	−0.237%	$132.8M	$332.3M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09887	−0.126%	—	$80.3M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09891	−0.086%	$298K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09898	−0.015%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09887	−0.129%	$304K	$138.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09890	−0.096%	$628K	$4.7M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09890	−0.096%	$147K	$339K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09891	−0.086%	$63K	$469K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09889	−0.107%	$18K	$7K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09894	−0.058%	$34K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09890	−0.096%	$2K	$5.3M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09890	−0.096%	$5.9M	$67.8M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09892	−0.076%	$91.0M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09889	−0.104%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09883	−0.163%	$482K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09890	−0.100%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0112%	8h	0.09886	−0.136%	$2K	$524K	10x	as long as short
Hyperliquid DOGE	+0.0118%	1h	0.09889	−0.106%	$123.0M	$114.9M	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0124%	1h	0.09892	−0.071%	$562K	$247K	25x	as long as short
01 Exchange DOGEUSDshort	+0.0184%	1h	0.09895	−0.051%	$440	$4K	10x
Reya DOGERUSDPERP	+0.0194%	1h	0.09880	−0.193%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09890	−0.096%	$16.0M	$26.7M	75x	as long as short
Arcus DOGE-USD	+0.0231%	1h	0.09900	+0.005%	$107K	$207K	10x	as long as short
Phoenix DOGE	+0.0240%	1h	0.09892	−0.074%	$18K	$382K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0286%	1h	0.09891	−0.089%	$316K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.09892	−0.076%	$2.0M	$33.7M	50x	as long as short
RISEx DOGE/USDC	+0.0686%	1h	0.09895	−0.048%	$399K	$442K	10x	as long as short
Injective DOGE/USDC PERP	+0.1217%	1h	0.1053	+6.369%	$6K	$242K	12x	as long as short