Funding you earn now, next payment 03:00 UTC−0.0121%/8h= −13.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.015%
Price spread now: Reya against Kraken Futures−0.151%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Reya is 0.151% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.09979 | 0.0306 | pay 0.0038% / 1h | 58m 53s | $5.8M | $34.7M | 50x |
| Short | Reya DOGERUSDPERP | 0.09964 | 0.0185 | get 0.0023% / 1h | 58m 53s | $2K | — | 20x |
Kraken Futures PF_DOGEUSD
Reya DOGERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$25.43
- Price spread: −0.151% → 0.000%
- −$15.08
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$56.51
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; Reya: 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 Kraken Futures live order book, 5 min ago | 1.50 bp | 11.3 bp −$11 | 14.9 bp −$149 | 35.4 bp −$3,541 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 43 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DOGE-USD | −0.0296% | 1h | 0.09963 | −0.161% | $256K | $695K | 10x | as long as short |
| Bitget DOGEUSDT | −0.0093% | 8h | 0.09978 | −0.007% | $151.1M | $273.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09958 | −0.212% | $393K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09964 | −0.146% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0009% | 1h | 0.09970 | −0.091% | $224K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09987 | +0.080% | $816K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09960 | −0.188% | $832 | $429K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09973 | −0.057% | $4.6M | $48.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09976 | −0.031% | $328K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09984 | +0.053% | $318.4M | $1.43B | 75x | as long as short |
Polymarket Perps DOGE-USD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09982 | +0.033% | $159.5M | $436.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09988 | +0.093% | $111.1M | $982.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09972 | −0.068% | $128K | $179K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.371% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09978 | −0.007% | $242.3M | $130.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09984 | +0.053% | $113.7M | $228.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09979 | +0.003% | $66.0M | $43.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09970 | −0.088% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09979 | +0.003% | $334K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09973 | −0.060% | $995K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09978 | −0.008% | $295K | $129.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09982 | +0.028% | $627K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.013% | $146K | $273K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09967 | −0.118% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09968 | −0.107% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09975 | −0.033% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09970 | −0.088% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09973 | −0.062% | $5.9M | $55.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09979 | +0.003% | $91.9M | $16.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09986 | +0.069% | $560K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09969 | −0.099% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0106% | 8h | 0.09971 | −0.073% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0111% | 1h | 0.09970 | −0.089% | $596K | $118K | 25x | as long as short |
| Reya DOGERUSDPERPshort | +0.0185% | 1h | 0.09964 | −0.151% | $2K | — | 20x | |
| Nado DOGE-PERP | +0.0221% | 1h | 0.09966 | −0.128% | $531K | $988K | 10x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.1000 | +0.216% | $65K | $281K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09964 | −0.149% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09978 | −0.007% | $2.3M | $25.8M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0272% | 1h | 0.09966 | −0.127% | $531 | $4K | 10x | as long as short |
| Kraken Futures PF_DOGEUSDlong | +0.0306% | 1h | 0.09979 | long leg | $5.8M | $34.7M | 50x | |
| Hyperliquid DOGE | +0.0433% | 1h | 0.09991 | +0.120% | $121.5M | $99.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09966 | −0.127% | $401K | $367K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1001 | +0.313% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
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
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Nado DOGE-PERP
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
01 Exchange DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP