Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0207%/8h= +22.7% APRpaid last 24h −0.030%
Price spread now: Kalshi against Pacifica−0.154%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$420.417% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now −0.154%, 7d avg −0.043%
Together, before fees−0.303%+ Points / potential airdropPacifica: Active · farm board−$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kalshi is 0.111% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of −0.043%). If the spread goes back, that is −$11 on $10k: about 43 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.210%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DOGE0.10510.0100pay 0.0013% / 1h55m 03s$346K$491K20x
ShortKalshi KXDOGEPERP0.10500.0307get 0.0307% / 8h7h 55m$729K$6.0M2.8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Pacifica. 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

Funding earned
$43.56
Price spread: −0.154% → −0.043%
−$11.08
Slippage, 4 orders
−$23.67
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$9.2
Costs to cover
0.417%
Break-even
8.5 days
Slippage from Pacifica: live order book, 64 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 64 min ago4.55 bp10.1 bp −$1015.2 bp −$152doesn't fitdoesn't fit
Sell Kalshi live order book, 4 min ago5.93 bp11.0 bp −$1117.9 bp −$179doesn't fitdoesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0015%8h0.1047−0.446%$142.6M$304.4M75xas long as short
dYdX DOGE-USD0.0000%1h0.1049−0.230%$235K$59K10xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.1048−0.332%$616K$167K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1050−0.110%$25K150xas long as short
Lighter DOGE+0.0096%1h0.1049−0.187%$769K$6.3M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1048−0.346%$567K$1.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1048−0.284%$4.9M$52.1M75xas long as short
Pacifica DOGElong+0.0100%1h0.1051long leg$346K$491K20x
Binance DOGEUSDT+0.0100%8h0.1048−0.313%$346.1M$1.54B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1048−0.341%$173.5M$474.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1047−0.380%$118.4M$1.12B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1005−4.423%$386K$85910xas long as short
Gate DOGE_USDT+0.0100%8h0.1049−0.227%$257.5M$139.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1050−0.132%$117.8M$238.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1048−0.294%$69.5M$44.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1049−0.237%$3.5Mas long as short
Variational Omni DOGE+0.0100%8h0.1049−0.173%$1.1M$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1027−2.324%$312K$133.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1028−2.176%$651K$4.5M10xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1047−0.389%$268K$883K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1049−0.237%$74K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1049−0.220%$26K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1049−0.253%$37K$2.2M30xas long as short
HTX DOGE-USDT+0.0100%8h0.1047−0.378%$6.3M$61.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1049−0.189%$96.5M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.1046−0.457%$19K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1046−0.507%$512K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1045−0.604%$20K3xas long as short
Katana Perps DOGE-USD+0.0128%8h0.1050−0.142%$882$477K10xas long as short
ApeX Omni DOGEUSDT+0.0174%1h0.1027−2.310%$149K$293K25xas long as short
Reya DOGERUSDPERP+0.0191%1h0.1048−0.325%$2K20xas long as short
SoDEX DOGE-USD+0.0210%1h0.1048−0.275%$2K$4.7M10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1047−0.427%$16.4M$27.4M75xas long as short
Kraken Futures PF_DOGEUSD+0.0240%1h0.1048−0.294%$6.0M$36.5M50xas long as short
Phoenix DOGE+0.0242%1h0.1022−2.765%$66K$292K10xas long as short
01 Exchange DOGEUSD+0.0248%1h0.1049−0.235%$466$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0260% / S −0.0317%1h0.1049−0.227%$343K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1049−0.208%$2.1M$31.0M50xas long as short
Kalshi KXDOGEPERPshort+0.0307%8h0.1050−0.154%$729K$6.0M2.8x
Backpack DOGE_USDC_PERP+0.0404%1h0.1050−0.170%$346K$1.2M15xas long as short
Arcus DOGE-USD+0.0634%1h0.1049−0.227%$114K$199K10xas long as short
Hyperliquid DOGE+0.0649%1h0.1051−0.066%$129.1M$105.4M10xas long as short
RISEx DOGE/USDC+0.0728%1h0.1049−0.180%$424K$426K10xas long as short
Injective DOGE/USDC PERP+0.1062%1h0.1053+0.163%$6K$242K12xas long as short