DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against MEXC+0.024%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$230.233% of the position

Long on MEXC Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.158%−$16 on $10k

Price spread, last 7 days−0.086%−$9 · spread now +0.024%, 7d avg −0.024%

Together, before fees−0.244%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.048% dearer against MEXC than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.024%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DOGE_USDT	0.09782	0.0100	pay 0.0100% / 8h	5h 08m	$113.2M	$252.1M	300x
Short	Kalshi KXDOGEPERP	0.09784	0	get 0.0000% / 8h	1h 08m	$501K	$6.1M	2.8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee KalshibpOrdersPrice spread, now +0.024%Rate

Funding earned: −$21
Price spread: +0.024% → −0.024%: $4.76
Slippage, 4 orders: −$13.33
Fee MEXC: 0 bp × 2 orders: $0
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$39.58
Costs to cover: 0.233%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Kalshi: live order book, 4 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 MEXC live order book, 4 min ago	0.51 bp	0.5 bp −$1	1.6 bp −$16	9.5 bp −$948	33.9 bp −$17.0K
Sell Kalshi live order book, 4 min ago	2.56 bp	7.7 bp −$8	15.7 bp −$157	doesn't fit	doesn't fit

DOGE on 43 exchanges

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_DOGEUSD	−0.0140%	1h	0.09782	+0.001%	$5.3M	$39.1M	50x	as long as short
Bitget DOGEUSDT	−0.0048%	8h	0.09774	−0.082%	$138.1M	$292.7M	75x	as long as short
Kalshi KXDOGEPERPshort	0.0000%	8h	0.09784	+0.024%	$501K	$6.1M	2.8x
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09779	−0.026%	$32K	—	150x	as long as short
Bybit DOGEUSDT	+0.0004%	8h	0.09777	−0.051%	$164.4M	$493.7M	75x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+7.647%	$6K	$240K	12x	as long as short
Gate DOGE_USDT	+0.0067%	8h	0.09778	−0.041%	$252.1M	$147.3M	75x	as long as short
Phoenix DOGE	+0.0081%	1h	0.09785	+0.027%	$18K	$311K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09788	+0.061%	$804K	$6.4M	15x	as long as short
01 Exchange DOGEUSD	+0.0096%	1h	0.09785	+0.027%	$450	$4K	10x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit DOGE_USDC-PERPETUAL	+0.0098%	1h	0.09784	+0.022%	$547K	$292K	25x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09776	−0.061%	$936	$536K	10x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09779	−0.029%	$18K	$5K	30x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09773	−0.087%	$508K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09788	+0.066%	$121.0M	$107.3M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09783	+0.009%	$4.9M	$57.5M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09788	+0.056%	$309K	$442K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09783	+0.010%	$323.2M	$1.60B	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09783	+0.010%	$116.8M	$1.09B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09784	+0.020%	$15K	$308K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09789	+0.068%	$374K	$5K	10x	as long as short
MEXC DOGE_USDTlong	+0.0100%	8h	0.09782	long leg	$113.2M	$252.1M	300x
KuCoin DOGEUSDTM	+0.0100%	8h	0.09783	+0.010%	$63.8M	$45.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09777	−0.051%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09779	−0.031%	$309K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09768	−0.143%	$1.3M	$7.6M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09776	−0.061%	$263K	$125.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09778	−0.040%	$616K	$3.9M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09770	−0.123%	$138K	$345K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09776	−0.065%	$217K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09781	−0.010%	$67K	$423K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09784	+0.016%	$34K	$1.9M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09783	+0.010%	$3K	$5.2M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09787	+0.050%	$5.9M	$64.7M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09781	−0.010%	$89.2M	$15.5M	50x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09776	−0.058%	$479K	$3.4M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09780	−0.021%	$19K	—	3x	as long as short
dYdX DOGE-USD	+0.0153%	1h	0.09785	+0.034%	$230K	$75K	10x	as long as short
Reya DOGERUSDPERP	+0.0208%	1h	0.09777	−0.048%	$2K	—	20x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0211% / S −0.0187%	1h	0.09773	−0.088%	$286K	—	200x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09781	−0.010%	$15.4M	$25.5M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0264%	1h	0.09792	+0.102%	$2.3M	$32.8M	50x	as long as short
RISEx DOGE/USDC	+0.0587%	1h	0.09786	+0.046%	$406K	$389K	10x	as long as short