Funding you earn now, next payment 07:00 UTC−0.0182%/8h= −20.0% APRpaid last 24h +0.027%
Price spread now: Kraken Futures against BingX−0.032%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.032%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.052% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.020%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOGE-USDT | 0.1001 | 0.0100 | pay 0.0100% / 8h | 1h 26m | — | $80.7M | — |
| Short | Kraken Futures PF_DOGEUSD | 0.1001 | −0.0082 | pay 0.0010% / 1h | 26m 53s | $5.6M | $40.5M | 50x |
BingX DOGE-USDT
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$38.31
- Price spread: −0.032% → +0.020%
- −$5.21
- Slippage, 4 orders
- −$12.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$76.31
- Costs to cover
- 0.328%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Kraken Futures: live order book, 2 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 BingX live order book, 7 min ago | 1.00 bp | 6.0 bp −$6 | 6.8 bp −$68 | 11.3 bp −$1,130 | 27.6 bp −$13.8K |
| Sell Kraken Futures live order book, 2 min ago | 1.00 bp | 9.6 bp −$10 | 13.2 bp −$132 | 29.0 bp −$2,895 | 272.2 bp −$136.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSDshort | −0.0082% | 1h | 0.1001 | −0.032% | $5.6M | $40.5M | 50x | |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1000 | −0.087% | $225K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1000 | −0.081% | $611K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09980 | −0.297% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.195% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0037% | 1h | 0.10000 | −0.102% | $267K | $1.2M | 10x | as long as short |
| Bitget DOGEUSDT | +0.0061% | 8h | 0.1001 | +0.020% | $142.3M | $344.2M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09997 | −0.133% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1002 | +0.112% | $853K | $6.8M | 15x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.013% | $4.6M | $58.5M | 75x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1001 | −0.047% | $320K | $500K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.001% | $329.6M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.010% | $165.7M | $520.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | +0.050% | $117.8M | $1.21B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | −0.200% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.050% | $250.1M | $156.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.030% | $111.2M | $258.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1000 | −0.060% | $66.6M | $50.1M | 75x | as long as short |
| BingX DOGE-USDTlong | +0.0100% | 8h | 0.1001 | long leg | — | $80.7M | — | |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1001 | −0.050% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09984 | −0.262% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09994 | −0.157% | $303K | $140.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09988 | −0.220% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.100% | $150K | $338K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | −0.085% | $540K | $1.1M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | −0.010% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.433% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | +0.005% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | −0.030% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.026% | $5.9M | $68.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.020% | $91.9M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1000 | −0.091% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1000 | −0.069% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | −0.025% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0108% | 8h | 0.09999 | −0.110% | $835 | $536K | 10x | as long as short |
| Hyperliquid DOGE | +0.0130% | 1h | 0.1002 | +0.120% | $124.4M | $116.5M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09980 | −0.297% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | 0.000% | $16.2M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1001 | +0.010% | $1.9M | $34.9M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.1001 | −0.030% | $315K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1001 | −0.026% | $445 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0320% | 1h | 0.1001 | +0.008% | $574K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09999 | −0.110% | $21K | $307K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.1002 | +0.055% | $403K | $458K | 10x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Nado DOGE-PERP
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
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD
RISEx DOGE/USDC