Funding you earn now, next payment 23:00 UTC+0.0265%/8h= +29.0% APRpaid last 24h +0.040%
Price spread now: Kraken Futures against Orderly+0.031%7-day average +0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.031%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOGE_USDC | 0.09979 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $73K | $432K | 50x |
| Short | Kraken Futures PF_DOGEUSD | 0.09982 | 0.0365 | get 0.0046% / 1h | 29m 59s | $5.9M | $32.7M | 50x |
Orderly PERP_DOGE_USDC
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. 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
- $55.66
- Price spread: +0.031% → +0.022%
- $0.93
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $40.6
- Costs to cover
- 0.160%
- Break-even
- 1.9 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 4 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 1.99 bp | 9.3 bp −$9 | 12.3 bp −$123 | 35.3 bp −$3,529 | doesn't fit |
Orderly: 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 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 | −0.0268% | 8h | 0.09985 | +0.060% | $152.5M | $265.8M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09982 | +0.028% | $415K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09977 | −0.018% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0008% | 1h | 0.09973 | −0.058% | $224K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1003 | +0.557% | $19K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0089% | 8h | 0.09974 | −0.050% | $239.6M | $123.5M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09986 | +0.067% | $781K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09971 | −0.080% | $2K | $366K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09970 | −0.090% | $567K | $851K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09976 | −0.027% | $5.1M | $43.2M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
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 | 0.09975 | −0.045% | $334K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09988 | +0.090% | $318.6M | $1.32B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09993 | +0.140% | $159.8M | $417.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09997 | +0.180% | $108.8M | $923.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09976 | −0.030% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09966 | −0.133% | $382K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09979 | 0.000% | $109.3M | $216.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09979 | 0.000% | $65.0M | $40.2M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09973 | −0.060% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09974 | −0.048% | $947K | $8.0M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | +0.460% | $279K | $115.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1006 | +0.862% | $634K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | +0.411% | $147K | $244K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09970 | −0.091% | $266K | $540K | 10x | as long as short |
| Orderly PERP_DOGE_USDClong | +0.0100% | 8h | 0.09979 | long leg | $73K | $432K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09979 | −0.002% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09985 | +0.058% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09982 | +0.030% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09980 | +0.012% | $6.0M | $50.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09979 | 0.000% | $92.4M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09975 | −0.040% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09992 | +0.126% | $551K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09982 | +0.030% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0161% | 1h | 0.09984 | +0.048% | $604K | $109K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0176% | 1h | 0.09973 | −0.059% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09977 | −0.021% | $527 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09984 | +0.050% | $2.0M | $23.4M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09973 | −0.060% | $15.4M | $24.8M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0270% | 1h | 0.09978 | −0.013% | $312K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0365% | 1h | 0.09982 | +0.031% | $5.9M | $32.7M | 50x | |
| Backpack DOGE_USDC_PERP | +0.0382% | 1h | 0.09985 | +0.060% | $533K | $953K | 15x | as long as short |
| Hyperliquid DOGE | +0.0408% | 1h | 0.09991 | +0.118% | $110.2M | $82.4M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.09979 | +0.001% | $313K | $477K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1002 | +0.411% | $5K | $207K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP