Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.034%
Price spread now: Kraken Futures against Derive−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.040% cheaper against Derive than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive DOGE-PERP | 0.1002 | 0.0100 | pay 0.0013% / 1h | 5m 59s | $19K | $7K | 10x |
| Short | Kraken Futures PF_DOGEUSD | 0.1002 | 0.0002 | get 0.0000% / 1h | 5m 59s | $5.7M | $40.2M | 50x |
Derive DOGE-PERP
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Derive. 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
- −$20.52
- Price spread: −0.040% → 0.000%
- −$3.97
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$40.5
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Kraken Futures: live order book, 3 min ago. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 3 min ago | 2.00 bp | 10.1 bp −$10 | 14.5 bp −$145 | 32.4 bp −$3,243 | 368.9 bp −$184.4K |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.1002 | +0.029% | $599K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1002 | −0.011% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0002% | 1h | 0.1002 | −0.040% | $5.7M | $40.2M | 50x | |
| dYdX DOGE-USD | +0.0026% | 1h | 0.1001 | −0.147% | $225K | $69K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0042% | 1h | 0.1001 | −0.080% | $269K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1003 | +0.041% | $856K | $6.8M | 15x | as long as short |
| Bitget DOGEUSDT | +0.0098% | 8h | 0.1001 | −0.120% | $143.0M | $343.1M | 75x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.095% | $540K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.020% | $4.4M | $57.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1001 | −0.108% | $320K | $514K | 20x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Polymarket Perps DOGE-USD
Lighter DOGE
Bitget DOGEUSDT
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.016% | $329.3M | $1.70B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.060% | $165.8M | $519.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | −0.030% | $117.9M | $1.19B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09955 | −0.671% | $382K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1002 | −0.030% | $248.7M | $155.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | +0.010% | $112.3M | $257.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | −0.010% | $66.6M | $49.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1002 | 0.000% | — | $80.7M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1002 | +0.010% | $315K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09997 | −0.252% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | −0.395% | $313K | $139.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09997 | −0.253% | $636K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.220% | $148K | $345K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1002 | +0.010% | $64K | $478K | 50x | as long as short |
| Derive DOGE-PERPlong | +0.0100% | 1h | 0.1002 | long leg | $19K | $7K | 10x | |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1002 | +0.027% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1002 | 0.000% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1002 | +0.028% | $5.9M | $68.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.050% | $92.0M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1001 | −0.073% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1001 | −0.083% | $487K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1002 | +0.020% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0111% | 8h | 0.1002 | −0.040% | $1K | $527K | 10x | as long as short |
| Hyperliquid DOGE | +0.0115% | 1h | 0.1003 | +0.089% | $124.2M | $116.2M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0195% | 1h | 0.1002 | −0.033% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.1003 | +0.052% | $446 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0209% | 1h | 0.1003 | +0.040% | $575K | $252K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | −0.090% | $15.9M | $27.1M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.1002 | −0.030% | $27K | $300K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1000 | −0.199% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0294% | 1h | 0.1002 | −0.014% | $316K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1002 | −0.020% | $2.0M | $34.5M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.1003 | +0.030% | $406K | $453K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.068% | $6K | $242K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
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
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP