Funding you earn now, next payment 02:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.031%
Price spread now: Kraken Futures against KuCoin+0.429%52s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as 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−$390.388% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 3 days (all we have)−0.404%−$40 · spread now +0.429%, 7d avg +0.018%
=The price spread pays, funding is against you. Kraken Futures is 0.411% dearer against KuCoin than usual: you sell high and buy low (spread +0.429% now, against its 7-day average of +0.018%): +$41 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 41 days. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOGEUSDTM | 0.09885 | 0.0100 | pay 0.0100% / 8h | 6h 42m | $64.8M | $42.7M | 75x |
| Short | Kraken Futures PF_DOGEUSD | 0.09927 | 0.0067 | get 0.0008% / 1h | 42m 24s | $5.8M | $34.0M | 50x |
KuCoin DOGEUSDTM
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$6.99
- Price spread: +0.429% → +0.018%
- $41.11
- Slippage, 4 orders
- −$16.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$4.68
- Costs to cover
- 0.388%
- Break-even
- from the start
Slippage from KuCoin: live order book, 12 min ago; Kraken Futures: live order book, 2 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 KuCoin live order book, 12 min ago | 0.50 bp | 8.5 bp −$9 | 15.5 bp −$155 | 45.1 bp −$4,510 | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 1.51 bp | 11.0 bp −$11 | 14.5 bp −$145 | 37.0 bp −$3,701 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0135% | 8h | 0.09861 | −0.243% | $149.6M | $273.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09950 | +0.658% | $410K | $4.9M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09866 | −0.196% | $23K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0012% | 1h | 0.09930 | +0.457% | $593K | $119K | 25x | as long as short |
| dYdX DOGE-USD | +0.0033% | 1h | 0.09878 | −0.068% | $222K | $59K | 10x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0067% | 1h | 0.09927 | +0.429% | $5.8M | $34.0M | 50x | |
| Lighter DOGE | +0.0096% | 1h | 0.09887 | +0.017% | $759K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.09881 | −0.040% | $2K | $429K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09883 | −0.015% | $485K | $976K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09878 | −0.074% | $4.6M | $48.0M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09886 | +0.013% | $327K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09873 | −0.121% | $313.6M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09868 | −0.172% | $156.4M | $442.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09874 | −0.111% | $108.4M | $967.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09894 | +0.091% | $127K | $182K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +1.060% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09880 | −0.051% | $239.5M | $130.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09884 | −0.010% | $110.6M | $226.4M | 300x | as long as short |
| KuCoin DOGEUSDTMlong | +0.0100% | 8h | 0.09885 | long leg | $64.8M | $42.7M | 75x | |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09860 | −0.253% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09910 | +0.253% | $350K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09951 | +0.667% | $969K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09983 | +0.992% | $268K | $127.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09944 | +0.597% | $635K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.961% | $146K | $275K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09880 | −0.053% | $254K | $641K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09869 | −0.162% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09870 | −0.148% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09938 | +0.538% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09930 | +0.455% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09919 | +0.343% | $5.9M | $54.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09920 | +0.354% | $91.5M | $17.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09877 | −0.080% | $523K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09871 | −0.140% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0116% | 8h | 0.09882 | −0.032% | $18K | $7K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09884 | −0.006% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09887 | +0.017% | $527 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09978 | +0.941% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09946 | +0.617% | $2.0M | $24.9M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09962 | +0.779% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09868 | −0.169% | $307K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09886 | +0.011% | $318K | $406K | 10x | as long as short |
| Hyperliquid DOGE | +0.0688% | 1h | 0.09898 | +0.131% | $120.3M | $97.0M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09980 | +0.961% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
BingX DOGE-USDC
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP