Funding you earn now, next payment 05:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h −0.030%
Price spread now: HTX against Kraken Futures−0.100%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$400.405% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.100%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.115% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.1026 | 0.0245 | pay 0.0031% / 1h | 23m 03s | $5.5M | $38.9M | 50x |
| Short | HTX DOGE-USDT | 0.1025 | 0.0100 | get 0.0100% / 8h | 3h 23m | $6.0M | $65.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$30.48
- Price spread: −0.100% → +0.015%
- −$11.53
- Slippage, 4 orders
- −$18.46
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$82.47
- Costs to cover
- 0.405%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; HTX: live order book, 1 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 | 1.94 bp | 12.3 bp −$12 | 15.1 bp −$151 | 34.0 bp −$3,397 | doesn't fit |
| Sell HTX live order book, 1 min ago | 1.94 bp | 9.3 bp −$9 | 15.1 bp −$151 | 71.7 bp −$7,173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1030 | +0.383% | $699K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1027 | +0.109% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0014% | 1h | 0.1030 | +0.351% | $231K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0059% | 8h | 0.1024 | −0.196% | $133.4M | $315.9M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1028 | +0.169% | $726K | $6.4M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1028 | +0.209% | $557K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1026 | −0.068% | $4.9M | $54.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1030 | +0.416% | $330K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1025 | −0.147% | $339.5M | $1.61B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1024 | −0.186% | $167.9M | $496.5M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1024 | −0.176% | $117.1M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1029 | +0.321% | $395K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1024 | −0.176% | $253.3M | $145.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1025 | −0.147% | $116.1M | $244.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1027 | +0.097% | $67.5M | $48.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1024 | −0.245% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1024 | −0.167% | $341K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1026 | −0.015% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1031 | +0.515% | $329K | $135.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1027 | +0.077% | $649K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1032 | +0.564% | $156K | $329K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1029 | +0.233% | $260K | $980K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1027 | +0.126% | $69K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1027 | +0.103% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1028 | +0.145% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1027 | +0.097% | $2K | $5.0M | 10x | as long as short |
| HTX DOGE-USDTshort | +0.0100% | 8h | 0.1025 | −0.100% | $6.0M | $65.3M | 75x | |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1026 | −0.050% | $94.3M | $17.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1030 | +0.368% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1027 | +0.069% | $497K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1027 | +0.107% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0122% | 8h | 0.1029 | +0.301% | $2K | $498K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1028 | +0.141% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0217% | 1h | 0.1028 | +0.159% | $583K | $247K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1026 | −0.030% | $16.8M | $27.1M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1031 | +0.480% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSDlong | +0.0245% | 1h | 0.1026 | long leg | $5.5M | $38.9M | 50x | |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1030 | +0.345% | $458 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1027 | +0.111% | $332K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1027 | +0.126% | $2.1M | $33.4M | 50x | as long as short |
| Hyperliquid DOGE | +0.0512% | 1h | 0.1025 | −0.108% | $127.9M | $110.3M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1031 | +0.428% | $112K | $203K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1030 | +0.384% | $416K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +2.611% | $6K | $242K | 12x | as long as short |
Kraken Futures PF_DOGEUSD
HTX DOGE-USDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Lighter DOGE
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-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
Phoenix DOGE
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP