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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0731%/8h= −80.0% APRpaid last 24h −0.196%
Price spread now: Kalshi against RISEx−0.037%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$330.331% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.487%−$49 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.037%, 7d avg −0.073%
Together, before fees−0.370%−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.036% dearer against RISEx than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.073%): +$4 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DOGE/USDC0.099210.0731pay 0.0091% / 1h16m 32s$404K$458K10x
ShortKalshi KXDOGEPERP0.099180get 0.0000% / 8h4h 16m$580K$6.6M2.8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against RISEx. 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
−$153.41
Price spread: −0.037% → −0.073%
$3.57
Slippage, 4 orders
−$17.06
Fee RISEx: 3 bp × 2 orders
−$6
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$182.9
Costs to cover
0.331%
Break-even
never at this rate
Slippage from RISEx: live order book, 22 min ago; Kalshi: live order book, 2 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 RISEx live order book, 22 min ago1.51 bp4.5 bp −$59.9 bp −$99doesn't fitdoesn't fit
Sell Kalshi live order book, 2 min ago6.21 bp12.6 bp −$1317.3 bp −$173doesn'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−0.0060%1h0.09919−0.022%$5.6M$40.9M50xas long as short
Kalshi KXDOGEPERPshort0.0000%8h0.09918−0.037%$580K$6.6M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09912−0.093%$35K150xas long as short
dYdX DOGE-USD+0.0003%1h0.09918−0.035%$223K$63K10xas long as short
Bitget DOGEUSDT+0.0005%8h0.09904−0.176%$140.4M$347.9M75xas long as short
Polymarket Perps DOGE-USD+0.0028%1h0.09905−0.162%$257K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.133%$6K$242K12xas long as short
Lighter DOGE+0.0096%1h0.09924+0.030%$828K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09910−0.121%$536K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09924+0.020%$123.6M$117.3M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09915−0.066%$5.0M$59.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09917−0.048%$322K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09915−0.066%$327.7M$1.73B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09908−0.136%$163.8M$525.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09913−0.086%$115.2M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09915−0.066%$16K$311K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09918−0.032%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09911−0.106%$249.1M$158.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09914−0.076%$117.0M$259.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09918−0.035%$66.2M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09908−0.136%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09920−0.015%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09880−0.421%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09912−0.098%$301K$139.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09916−0.055%$628K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920−0.015%$142K$346K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09913−0.086%$71K$473K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09911−0.103%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09920−0.011%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09915−0.066%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09917−0.042%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09916−0.055%$90.7M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09913−0.082%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09908−0.131%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09914−0.078%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09911−0.106%$828$542K10xas long as short
Phoenix DOGE+0.0160%1h0.09902−0.202%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0200%1h0.09907−0.143%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09913−0.086%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09920−0.015%$15.5M$26.9M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0234%1h0.09918−0.035%$570K$258K25xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0235% / S −0.0235%1h0.09911−0.103%$282K200xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09918−0.035%$441$4K10xas long as short
RISEx DOGE/USDClong+0.0731%1h0.09921long leg$404K$458K10x