Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09420 | +0.0096 | pay 0.0012% / 1h | 15m 34s | $135K | $335K | 50x | Long Popdex | |
| SHORT | 0.09427 | 0 | 0.0000% / 8h | 3h 15m | $503K | $1.1M | 2.8x | Short Kalshi |
Price gap+0.074%
Funding gap−0.0096% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.029% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0096% /8h now · paid −0.199% over the last 7D
Price−$3spread +0.074% now, avg +0.103% → −0.029% if it goes back
Costsno datano order book for Kalshi
Result, before costs−$23−0.23%no pointscosts unknown: no order book for Kalshi · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.074%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hDOGE on 44 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for Kalshi: its slippage is not counted.
- Note: Margin at max leverage$200 + $3,533Popdex 50x, Kalshi 2.8x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.88Long Popdex: 24 payments, −$2.88; short Kalshi: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.074% vs +0.103%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$135K vs $503K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Kalshi YesA US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0095%/8h × 21 periods−$19.95
Price spread+0.074% → +0.103% (7d avg)−$2.87
Slippage, 4 ordersno data for Kalshi—
Fee Popdex bp × 2 orders−$6.40
Fee Kalshi bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$37.22
Costs to cover0.144%Break-evennever at this rate
Slippage: Popdex: live order book, 57 min ago; Kalshi: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.1212.8 bp−$1321.9 bp−$219doesn’t fitdoesn’t fit
SELL · SHORTKalshi—————
Closing costs about the same again.
Kalshi: no data.
| 09-30 01:05 | Reya | Listing | DOGERUSDPERP no longer reported ($DOGE) seen by our collector |
| 09-29 11:00 | Bulk | Listing | DOGE-USD no longer reported ($DOGE) seen by our collector |
| 09-29 11:00 | RISEx | Listing | DOGE/USDC [deprecated-1779958099] no longer reported ($DOGE) seen by our collector |
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
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| 09-17 05:30 | Gate | Other | 385 equity perps. #1 in coverage. #3 globally in volume and OI. Gate also leads 0.1% depth across all 5 most-traded equity perps and L1 depth across $BTC, $ETH, $SOL, $XRP and $DOGE. @DefiLlama’s data also shows Gate among the most stable on funding rates. More than listings. It’s market depth. @Gate on X ↗ |


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