DOGE

Alert: funding

Alert: spread

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

Price spread now: Kalshi against OKX+0.079%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$370.369% of the position

Long on OKX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.151%−$15 on $10k

Price spread, last 7 days+0.002%$0 · spread now +0.079%, 7d avg −0.014%

Together, before fees−0.149%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.093% dearer against OKX than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.014%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DOGE-USDT-SWAP	0.09907	0.0100	pay 0.0100% / 8h	2h 06m	$108.5M	$892.2M	50x
Short	Kalshi KXDOGEPERP	0.09915	0	get 0.0000% / 8h	6h 06m	$367K	$4.4M	2.8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against OKX. 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 OKXbpFee KalshibpOrdersPrice spread, now +0.079%Rate

Funding earned: −$21
Price spread: +0.079% → −0.014%: $9.31
Slippage, 4 orders: −$16.92
Fee OKX: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$48.61
Costs to cover: 0.369%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Kalshi: 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 OKX live order book, 3 min ago	0.50 bp	5.5 bp −$6	8.9 bp −$89	20.6 bp −$2,057	48.5 bp −$24.2K
Sell Kalshi live order book, 2 min ago	3.82 bp	8.8 bp −$9	16.1 bp −$161	doesn't fit	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	−0.0279%	8h	0.09897	−0.101%	$151.7M	$261.3M	75x	as long as short
Kalshi KXDOGEPERPshort	0.0000%	8h	0.09915	+0.079%	$367K	$4.4M	2.8x
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09915	+0.083%	$620K	$106K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	0.09907	−0.003%	$32K	—	150x	as long as short
Gate DOGE_USDT	+0.0076%	8h	0.09900	−0.071%	$236.0M	$121.1M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09951	+0.441%	$15K	$225K	10x	as long as short
dYdX DOGE-USD	+0.0088%	1h	0.09902	−0.050%	$222K	$44K	10x	as long as short
Katana Perps DOGE-USD	+0.0096%	8h	0.09908	+0.010%	$839	$345K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09907	−0.001%	$779K	$5.1M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09920	+0.131%	$628K	$698K	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09904	−0.030%	$4.9M	$40.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09906	−0.012%	$334K	$496K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09908	+0.011%	$313.8M	$1.27B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09903	−0.040%	$158.4M	$399.1M	75x	as long as short
OKX DOGE-USDT-SWAPlong	+0.0100%	8h	0.09907	long leg	$108.5M	$892.2M	50x
Arcus DOGE-USD	+0.0100%	1h	0.09913	+0.061%	$28K	$76K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09904	−0.030%	$110.3M	$221.2M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09905	−0.020%	$64.9M	$39.3M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09905	−0.020%	—	$73.5M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09944	+0.376%	$932K	$7.8M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09933	+0.264%	$267K	$112.2M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09924	+0.176%	$629K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09930	+0.232%	$144K	$228K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09915	+0.084%	$271K	$528K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09914	+0.071%	$57K	$396K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.09913	+0.065%	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09933	+0.259%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09914	+0.071%	$2K	$3.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09908	+0.012%	$5.9M	$47.6M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09915	+0.081%	$91.9M	$19.0M	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09947	+0.404%	$381K	$14K	10x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09904	−0.026%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09903	−0.043%	$547K	$3.6M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09916	+0.091%	$19K	—	3x	as long as short
01 Exchange DOGEUSD	+0.0168%	1h	0.09911	+0.036%	$523	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0175%	1h	0.09916	+0.089%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09919	+0.121%	$15.2M	$23.8M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0224%	1h	0.09920	+0.131%	$2.0M	$22.5M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0244% / S −0.0247%	1h	0.09907	−0.002%	$317K	—	200x	as long as short
Backpack DOGE_USDC_PERP	+0.0258%	1h	0.09919	+0.121%	$524K	$931K	15x	as long as short
Kraken Futures PF_DOGEUSD	+0.0288%	1h	0.09914	+0.070%	$5.9M	$31.9M	50x	as long as short
Hyperliquid DOGE	+0.0408%	1h	0.09915	+0.083%	$109.1M	$79.8M	10x	as long as short
RISEx DOGE/USDC	+0.0536%	1h	0.09914	+0.073%	$311K	$472K	10x	as long as short
Injective DOGE/USDC PERP	+0.1013%	1h	0.09960	+0.535%	$5K	$180K	12x	as long as short