Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.6% APRpaid last 24h −0.023%
Price spread now: GRVT against Kraken Futures−0.152%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.152%, 7d avg −0.048%
=Together, before fees+0.134%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.104% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.048%). If the spread goes back, that is −$10 on $10k: about 2.2 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.09907 | −0.0060 | get 0.0008% / 1h | 23m 14s | $5.6M | $40.8M | 50x |
| Short | GRVT DOGE_USDT_Perp | 0.09892 | 0.0100 | get 0.0100% / 8h | 23m 14s | $623K | $4.5M | 10x |
Kraken Futures PF_DOGEUSD
GRVT DOGE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $33.69
- Price spread: −0.152% → −0.048%
- −$10.39
- Slippage, 4 orders
- −$18.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$13.75
- Costs to cover
- 0.370%
- Break-even
- 9.9 days
Slippage from Kraken Futures: live order book, 1 min ago; GRVT: 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 | 1.01 bp | 11.0 bp −$11 | 14.9 bp −$149 | 33.0 bp −$3,303 | doesn't fit |
| Sell GRVT live order book, 6 min ago | 0.50 bp | 7.9 bp −$8 | 11.8 bp −$118 | 42.5 bp −$4,253 | 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_DOGEUSDlong | −0.0060% | 1h | 0.09907 | long leg | $5.6M | $40.8M | 50x | |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09887 | −0.201% | $222K | $63K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09890 | −0.172% | $579K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09905 | −0.020% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0010% | 8h | 0.09897 | −0.101% | $140.3M | $347.7M | 75x | as long as short |
| Polymarket Perps DOGE-USD | +0.0020% | 1h | 0.09894 | −0.127% | $258K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.289% | $6K | $242K | 12x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09916 | +0.088% | $828K | $6.9M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09890 | −0.171% | $535K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09903 | −0.042% | $123.3M | $117.2M | 10x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Lighter DOGE
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 | 0.09906 | −0.006% | $4.5M | $59.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09889 | −0.185% | $321K | $509K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09910 | +0.030% | $327.3M | $1.73B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09904 | −0.030% | $164.0M | $526.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09909 | +0.020% | $115.2M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09898 | −0.091% | $16K | $311K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09914 | +0.071% | $379K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09903 | −0.040% | $249.3M | $157.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09909 | +0.020% | $117.0M | $259.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09905 | −0.020% | $66.1M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09906 | −0.010% | — | $53.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09880 | −0.272% | $299K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09875 | −0.326% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09889 | −0.179% | $300K | $139.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perpshort | +0.0100% | 8h | 0.09892 | −0.152% | $623K | $4.5M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | −0.171% | $142K | $345K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09901 | −0.060% | $71K | $473K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09876 | −0.312% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09903 | −0.036% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09907 | 0.000% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09912 | +0.049% | $5.9M | $69.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09911 | +0.041% | $90.7M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09883 | −0.244% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09896 | −0.112% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09903 | −0.038% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0106% | 8h | 0.09894 | −0.131% | $827 | $542K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09907 | +0.001% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0200% | 1h | 0.09898 | −0.091% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09906 | −0.010% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09913 | +0.061% | $15.5M | $26.9M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0225% | 1h | 0.09905 | −0.018% | $569K | $256K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09900 | −0.070% | $440 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09908 | +0.008% | $312K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09903 | −0.035% | $404K | $461K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC