Funding you earn now, next payment 06:00 UTC−0.0684%/8h= −74.9% APRnext payment −$0.85 per $10,000 · paid last 24h −0.134%
Price spread now: Kraken Futures against RISEx−0.209%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 4 days (all we have)−0.332%−$33 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.209%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Kraken Futures is 0.175% cheaper against RISEx than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx DOGE/USDC | 0.09873 | 0.0686 | pay 0.0086% / 1h | 28m 15s | $398K | $442K | 10x |
| Short | Kraken Futures PF_DOGEUSD | 0.09853 | 0.0002 | get 0.0000% / 1h | 28m 15s | $5.6M | $39.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against RISEx. 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
- −$143.6
- Price spread: −0.209% → −0.033%
- −$17.54
- Slippage, 4 orders
- −$14.91
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$192.04
- Costs to cover
- 0.309%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 20 min ago; Kraken Futures: live order book, 1 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 RISEx live order book, 20 min ago | 2.50 bp | 5.5 bp −$6 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 1.01 bp | 10.3 bp −$10 | 14.3 bp −$143 | 28.5 bp −$2,849 | 360.2 bp −$180.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09890 | +0.168% | $640K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09853 | −0.208% | $33K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0002% | 1h | 0.09853 | −0.209% | $5.6M | $39.9M | 50x | |
| Polymarket Perps DOGE-USD | +0.0024% | 1h | 0.09853 | −0.202% | $266K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0044% | 1h | 0.09867 | −0.064% | $222K | $70K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09876 | +0.023% | $842K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09860 | −0.130% | $534K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09860 | −0.136% | $4.4M | $57.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09869 | −0.044% | $316K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09854 | −0.191% | $321.8M | $1.68B | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09852 | −0.216% | $161.9M | $516.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09854 | −0.196% | $114.2M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09900 | +0.270% | $380K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09856 | −0.176% | $244.6M | $151.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09859 | −0.146% | $108.5M | $253.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09860 | −0.135% | $65.3M | $49.5M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09848 | −0.257% | $132.4M | $333.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09857 | −0.166% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09876 | +0.027% | $297K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09877 | +0.036% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09887 | +0.136% | $304K | $138.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09882 | +0.087% | $628K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | +0.168% | $147K | $339K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09854 | −0.196% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09852 | −0.212% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09857 | −0.167% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09854 | −0.196% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09854 | −0.194% | $5.8M | $67.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09856 | −0.176% | $90.6M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09862 | −0.120% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09849 | −0.244% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09856 | −0.181% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0109% | 1h | 0.09866 | −0.079% | $122.7M | $115.0M | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0112% | 8h | 0.09866 | −0.075% | $824 | $525K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0126% | 1h | 0.09856 | −0.172% | $560K | $247K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09866 | −0.079% | $439 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0194% | 1h | 0.09857 | −0.167% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09886 | +0.128% | $16.0M | $26.7M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09877 | +0.037% | $107K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09885 | +0.119% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0286% | 1h | 0.09851 | −0.222% | $315K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09858 | −0.156% | $1.9M | $33.7M | 50x | as long as short |
| RISEx DOGE/USDClong | +0.0686% | 1h | 0.09873 | long leg | $398K | $442K | 10x | |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +6.651% | $6K | $242K | 12x | as long as short |
RISEx DOGE/USDC
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Hyperliquid DOGE
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Injective DOGE/USDC PERP