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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against Binance−0.069%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.153%−$15 on $10k
Price spread, last 7 days+0.104%+$10 · spread now −0.069%, 7d avg −0.021%
Together, before fees−0.049%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.048% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DOGEUSDT0.098290.0100pay 0.0100% / 8h6h 40m$312.2M$1.43B75x
ShortKalshi KXDOGEPERP0.098220get 0.0000% / 8h2h 40m$383K$5.0M2.8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Binance. 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
−$21
Price spread: −0.069% → −0.021%
−$4.78
Slippage, 4 orders
−$18.54
Fee Binance: 5 bp × 2 orders
−$10
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$64.32
Costs to cover
0.385%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Kalshi: live order book, 4 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 Binance live order book, 4 min ago0.50 bp6.0 bp −$68.6 bp −$8620.3 bp −$2,02842.0 bp −$21.0K
Sell Kalshi live order book, 4 min ago5.79 bp10.9 bp −$1116.3 bp −$163doesn'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
Bitget DOGEUSDT−0.0133%8h0.09830+0.012%$149.2M$273.6M75xas long as short
Kalshi KXDOGEPERPshort0.0000%8h0.09822−0.069%$383K$5.0M2.8x
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09819−0.097%$587K$119K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09805−0.244%$22K150xas long as short
dYdX DOGE-USD+0.0030%1h0.09812−0.174%$220K$59K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09837+0.084%$5.8M$34.1M50xas long as short
Gate DOGE_USDT+0.0089%8h0.09826−0.029%$238.3M$130.7M75xas long as short
Lighter DOGE+0.0096%1h0.09837+0.085%$739K$6.0M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09814−0.151%$2K$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09796−0.329%$477K$979K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09827−0.023%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09824−0.052%$325K$503K20xas long as short
Binance DOGEUSDTlong+0.0100%8h0.09829long leg$312.2M$1.43B75x
Bybit DOGEUSDT+0.0100%8h0.09832+0.032%$155.7M$444.2M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09836+0.073%$108.2M$969.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09831+0.022%$126K$182K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+1.638%$383K$5K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09834+0.052%$107.6M$227.6M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09830+0.012%$65.2M$42.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09824−0.050%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09831+0.022%$341K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09845+0.164%$971K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09944+1.169%$274K$126.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09944+1.172%$635K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09930+1.029%$145K$275K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09803−0.259%$253K$641K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09818−0.111%$69K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09820−0.088%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09822−0.072%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09827−0.019%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09817−0.120%$5.9M$54.8M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09836+0.073%$90.7M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09823−0.063%$518K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09823−0.056%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0115%8h0.09824−0.051%$18K$6K30xas long as short
Reya DOGERUSDPERP+0.0184%1h0.09805−0.239%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.09820−0.088%$523$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09978+1.517%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09790−0.395%$1.9M$24.6M50xas long as short
Phoenix DOGE+0.0241%1h0.09873+0.447%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0267%1h0.09803−0.267%$305K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09823−0.065%$316K$406K10xas long as short
Hyperliquid DOGE+0.0678%1h0.09841+0.126%$119.4M$97.2M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09910+0.825%$5K$239K12xas long as short