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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps DOGE-USD | 0.09904 | 0.0100 | pay 0.0013% / 1h | 46m 02s | $258K | $1.2M | 10x |
| Short | Kalshi KXDOGEPERP | 0.09904 | 0 | get 0.0000% / 8h | 3h 46m | $553K | $6.6M | 2.8x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 17 min ago | 2.88 bp | 8.9 bp −$9 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 2.22 bp | 7.2 bp −$7 | 17.5 bp −$175 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0096% | 1h | 0.09901 | −0.031% | $5.5M | $40.7M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0011% | 8h | 0.09904 | −0.005% | $140.7M | $347.5M | 75x | as long as short |
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.09904 | −0.003% | $553K | $6.6M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09900 | −0.047% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.315% | $6K | $242K | 12x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0043% | 1h | 0.09903 | −0.017% | $561K | $291K | 25x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09916 | +0.116% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09910 | +0.053% | $827K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09905 | +0.005% | $1K | $545K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09903 | −0.015% | $536K | $1.1M | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09904 | 0.000% | $123.5M | $117.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09905 | +0.004% | $5.0M | $59.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09907 | +0.029% | $322K | $490K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09905 | +0.004% | $328.3M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09904 | −0.005% | $164.2M | $522.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09909 | +0.045% | $115.5M | $1.19B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09906 | +0.015% | $16K | $306K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09895 | −0.096% | $250.5M | $153.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09901 | −0.035% | $117.9M | $258.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09902 | −0.025% | $66.3M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09899 | −0.056% | — | $53.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09899 | −0.056% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09918 | +0.135% | $1.1M | $8.5M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09913 | +0.085% | $301K | $139.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09911 | +0.066% | $626K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | +0.156% | $142K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USDlong | +0.0100% | 1h | 0.09904 | long leg | $258K | $1.2M | 10x | |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09900 | −0.045% | $71K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09908 | +0.038% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09908 | +0.034% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09901 | −0.035% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09903 | −0.010% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09902 | −0.025% | $90.5M | $16.6M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09910 | +0.056% | $378K | $2K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09905 | +0.003% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09905 | +0.010% | $481K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09901 | −0.037% | $19K | — | 3x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0166% / S −0.0008% | 1h | 0.09900 | −0.043% | $412K | — | 200x | as long as short |
| Reya DOGERUSDPERP | +0.0201% | 1h | 0.09900 | −0.042% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09906 | +0.015% | $1.9M | $34.9M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09908 | +0.035% | $15.4M | $26.8M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09910 | +0.058% | $441 | $4K | 10x | as long as short |
| dYdX DOGE-USD | +0.0354% | 1h | 0.09904 | −0.005% | $223K | $64K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09908 | +0.035% | $398K | $455K | 10x | as long as short |
Polymarket Perps DOGE-USD
Kalshi KXDOGEPERP
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Bulk DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
RISEx DOGE/USDC