Funding you earn now, next payment 09:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.018%
Price spread now: BloFin against Kraken Futures+0.007%57s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.007%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.09912 | −0.0096 | get 0.0012% / 1h | 47m 57s | $5.5M | $40.8M | 50x |
| Short | BloFin DOGE-USDT | 0.09913 | 0.0220 | get 0.0220% / 8h | 7h 47m | $15.5M | $26.8M | 75x |
Kraken Futures PF_DOGEUSD
BloFin DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- $66.37
- Price spread: +0.007% → +0.004%
- $0.34
- Slippage, 4 orders
- −$13.41
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $31.3
- Costs to cover
- 0.354%
- Break-even
- 3.7 days
Slippage from Kraken Futures: live order book, 1 min ago; BloFin: live order book, 6 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 Kraken Futures live order book, 1 min ago | 0.50 bp | 8.5 bp −$9 | 13.1 bp −$131 | 30.2 bp −$3,022 | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.50 bp | 7.8 bp −$8 | 10.1 bp −$101 | 16.3 bp −$1,629 | 39.3 bp −$19.6K |
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_DOGEUSDlong | −0.0096% | 1h | 0.09912 | long leg | $5.5M | $40.8M | 50x | |
| Bitget DOGEUSDT | −0.0010% | 8h | 0.09908 | −0.043% | $140.8M | $347.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09912 | −0.004% | $552K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09914 | +0.015% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.232% | $6K | $242K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09916 | +0.038% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09921 | +0.089% | $828K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09907 | −0.053% | $1K | $545K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09909 | −0.033% | $536K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09918 | +0.058% | $123.7M | $117.1M | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Hyperliquid DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09917 | +0.046% | $4.9M | $59.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09910 | −0.018% | $322K | $490K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09917 | +0.048% | $328.7M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09913 | +0.007% | $164.1M | $522.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09915 | +0.027% | $115.5M | $1.19B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09911 | −0.013% | $16K | $306K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09909 | −0.033% | $250.9M | $153.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09912 | −0.003% | $117.6M | $258.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09914 | +0.017% | $66.2M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09911 | −0.013% | — | $53.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09913 | +0.007% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09918 | +0.056% | $1.1M | $8.5M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09900 | −0.122% | $300K | $139.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09908 | −0.041% | $627K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | −0.023% | $142K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09911 | −0.013% | $258K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09913 | +0.007% | $71K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09908 | −0.040% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09913 | +0.007% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09912 | −0.003% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09910 | −0.020% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09912 | −0.003% | $90.6M | $16.6M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09910 | −0.023% | $378K | $2K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09906 | −0.064% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09911 | −0.013% | $481K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09913 | +0.002% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0164% | 1h | 0.09915 | +0.030% | $560K | $287K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0201% | 1h | 0.09910 | −0.020% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09922 | +0.098% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.09913 | +0.007% | $15.5M | $26.8M | 75x | |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09917 | +0.043% | $441 | $4K | 10x | as long as short |
| dYdX DOGE-USD | +0.0241% | 1h | 0.09909 | −0.034% | $223K | $64K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0286% / S −0.0375% | 1h | 0.09913 | +0.006% | $413K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09915 | +0.033% | $399K | $455K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus 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
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Bulk DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
01 Exchange DOGEUSD
dYdX DOGE-USD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC