Funding you earn now, next payment 07:00 UTC−0.0287%/8h= −31.4% APRpaid last 24h −0.024%
Price spread now: KuCoin against Arcus−0.370%7-day average −0.018% · 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−$71as in the Price arb table
costs, in and out, $10k−$360.362% of the position
Funding, last 4 days (all we have)−0.025%−$3 on $10k
+Price spread, last 4 days (all we have)+0.350%+$35 · spread now −0.370%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.353% cheaper against Arcus than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.025% in total (about -2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus DOGE-USD | 0.09988 | 0.0387 | pay 0.0048% / 1h | 43m 55s | $27K | $300K | 10x |
| Short | KuCoin DOGEUSDTM | 0.09951 | 0.0100 | get 0.0100% / 8h | 1h 43m | $66.4M | $50.1M | 75x |
Arcus DOGE-USD
KuCoin DOGEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Arcus. 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
- −$60.29
- Price spread: −0.370% → −0.018%
- −$35.29
- Slippage, 4 orders
- −$19.69
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$131.77
- Costs to cover
- 0.362%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 60 min ago; KuCoin: live order book, 5 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 Arcus live order book, 60 min ago | 2.01 bp | 7.9 bp −$8 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.50 bp | 8.8 bp −$9 | 15.3 bp −$153 | 39.0 bp −$3,903 | 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 | −0.0083% | 1h | 0.09965 | −0.234% | $5.7M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09991 | +0.027% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09973 | −0.146% | $612K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09978 | −0.105% | $34K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0007% | 1h | 0.09971 | −0.170% | $266K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.427% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0075% | 8h | 0.09944 | −0.441% | $141.7M | $344.4M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09985 | −0.030% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09971 | −0.172% | $850K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09979 | −0.085% | $539K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09959 | −0.291% | $4.6M | $58.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09989 | +0.005% | $320K | $500K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09957 | −0.310% | $327.1M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09951 | −0.370% | $165.2M | $521.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09954 | −0.340% | $117.2M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.020% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09956 | −0.320% | $250.2M | $155.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09952 | −0.360% | $110.4M | $257.6M | 300x | as long as short |
| KuCoin DOGEUSDTMshort | +0.0100% | 8h | 0.09951 | −0.370% | $66.4M | $50.1M | 75x | |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09961 | −0.270% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09959 | −0.290% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09967 | −0.213% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09979 | −0.093% | $304K | $140.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09979 | −0.090% | $638K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.080% | $150K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09964 | −0.240% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09963 | −0.247% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09972 | −0.164% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09965 | −0.230% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09989 | +0.012% | $5.9M | $69.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09964 | −0.240% | $91.5M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09989 | +0.015% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09947 | −0.412% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09964 | −0.236% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09987 | −0.010% | $1K | $531K | 10x | as long as short |
| Hyperliquid DOGE | +0.0116% | 1h | 0.09967 | −0.206% | $123.5M | $116.3M | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0141% | 1h | 0.09967 | −0.208% | $572K | $252K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0196% | 1h | 0.09975 | −0.132% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09983 | −0.050% | $16.2M | $27.0M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09966 | −0.220% | $1.9M | $34.7M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.09995 | +0.069% | $444 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09977 | −0.115% | $314K | — | 200x | as long as short |
| Arcus DOGE-USDlong | +0.0387% | 1h | 0.09988 | long leg | $27K | $300K | 10x | |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09996 | +0.079% | $403K | $452K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC