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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: Kalshi against Polymarket Perps−0.003%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.003%, 7d avg −0.012%
Together, before fees+0.313%+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.156%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.099040.0100pay 0.0013% / 1h46m 02s$258K$1.2M10x
ShortKalshi KXDOGEPERP0.099040get 0.0000% / 8h3h 46m$553K$6.6M2.8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Polymarket Perps. 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
−$21
Price spread: −0.003% → −0.012%
$0.92
Slippage, 4 orders
−$19.59
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$57.68
Costs to cover
0.376%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 17 min ago; Kalshi: live order book, 3 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 Polymarket Perps live order book, 17 min ago2.88 bp8.9 bp −$913.3 bp −$133doesn't fitdoesn't fit
Sell Kalshi live order book, 3 min ago2.22 bp7.2 bp −$717.5 bp −$175doesn'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
Kraken Futures PF_DOGEUSD−0.0096%1h0.09901−0.031%$5.5M$40.7M50xas long as short
Bitget DOGEUSDT−0.0011%8h0.09904−0.005%$140.7M$347.5M75xas long as short
Kalshi KXDOGEPERPshort0.0000%8h0.09904−0.003%$553K$6.6M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09900−0.047%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.315%$6K$242K12xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0043%1h0.09903−0.017%$561K$291K25xas long as short
Phoenix DOGE+0.0081%1h0.09916+0.116%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09910+0.053%$827K$6.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09905+0.005%$1K$545K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09903−0.015%$536K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.099040.000%$123.5M$117.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09905+0.004%$5.0M$59.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09907+0.029%$322K$490K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09905+0.004%$328.3M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09904−0.005%$164.2M$522.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09909+0.045%$115.5M$1.19B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09906+0.015%$16K$306K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09895−0.096%$250.5M$153.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09901−0.035%$117.9M$258.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09902−0.025%$66.3M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09899−0.056%$53.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09899−0.056%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09918+0.135%$1.1M$8.5Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09913+0.085%$301K$139.5M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09911+0.066%$626K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920+0.156%$142K$346K25xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.09904long leg$258K$1.2M10x
Orderly PERP_DOGE_USDC+0.0100%8h0.09900−0.045%$71K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09908+0.038%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09908+0.034%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09901−0.035%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09903−0.010%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09902−0.025%$90.5M$16.6M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09910+0.056%$378K$2K10xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09905+0.003%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09905+0.010%$481K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09901−0.037%$19K3xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0166% / S −0.0008%1h0.09900−0.043%$412K200xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09900−0.042%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09906+0.015%$1.9M$34.9M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09908+0.035%$15.4M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09910+0.058%$441$4K10xas long as short
dYdX DOGE-USD+0.0354%1h0.09904−0.005%$223K$64K10xas long as short
RISEx DOGE/USDC+0.0717%1h0.09908+0.035%$398K$455K10xas long as short