Funding you earn now, next payment 20:00 UTC−0.0013%/8hpaid last 24h −0.023%
Price spread now: Kalshi against dYdX+0.044%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$980.977% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now +0.044%, 7d avg −0.038%
=The price spread pays, funding is against you. Kalshi is 0.082% dearer against dYdX than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.038%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.110% in total) that is about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.09792 | 0.0013 | pay 0.0002% / 1h | 23m 04s | $220K | $44K | 10x |
| Short | Kalshi KXDOGEPERP | 0.09797 | 0 | get 0.0000% / 8h | 23m 04s | $412K | $3.9M | 2.8x |
dYdX DOGE-USD
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against dYdX. 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
- −$2.77
- Price spread: +0.044% → −0.038%
- $8.16
- Slippage, 4 orders
- −$77.67
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$92.28
- Costs to cover
- 0.977%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 10 min ago; Kalshi: 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 dYdX live order book, 10 min ago | 29.95 bp | 35.0 bp −$35 | 52.0 bp −$520 | 56.8 bp −$5,676 | 59.3 bp −$29.6K |
| Sell Kalshi live order book, 5 min ago | 3.83 bp | 8.9 bp −$9 | 16.6 bp −$166 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0183% | 8h | 0.09789 | −0.036% | $152.1M | $249.4M | 75x | as long as short |
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.09797 | +0.044% | $412K | $3.9M | 2.8x | |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09799 | +0.068% | $612K | $72K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09798 | +0.054% | $32K | — | 150x | as long as short |
| dYdX DOGE-USDlong | +0.0013% | 1h | 0.09792 | long leg | $220K | $44K | 10x | |
| Phoenix DOGE | +0.0080% | 1h | 0.09822 | +0.297% | $17K | $197K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0090% | 8h | 0.09793 | +0.005% | $1K | $297K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09805 | +0.124% | $819K | $4.9M | 15x | as long as short |
| Gate DOGE_USDT | +0.0097% | 8h | 0.09794 | +0.015% | $236.2M | $115.5M | 75x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09792 | 0.000% | $707K | $682K | 10x | as long as short |
Bitget DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
Gate DOGE_USDT
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 | 0.09798 | +0.053% | $4.5M | $37.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09791 | −0.015% | $360K | $507K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09797 | +0.046% | $311.0M | $1.18B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09798 | +0.056% | $153.3M | $376.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09801 | +0.087% | $105.4M | $836.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09800 | +0.077% | $27K | $74K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09832 | +0.402% | $377K | $11K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09800 | +0.077% | $127.6M | $182.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09799 | +0.066% | $65.4M | $36.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09797 | +0.046% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09787 | −0.052% | $1.6M | $6.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09801 | +0.087% | $254K | $102.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09807 | +0.149% | $619K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09800 | +0.077% | $143K | $207K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09786 | −0.064% | $281K | $541K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09797 | +0.046% | $60K | $323K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09795 | +0.028% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09799 | +0.064% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09805 | +0.128% | $2K | $2.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09797 | +0.042% | $5.8M | $43.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09799 | +0.066% | $91.3M | $20.3M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09787 | −0.056% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09796 | +0.034% | $577K | $3.4M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09797 | +0.046% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0136% | 1h | 0.09801 | +0.090% | $518 | $4K | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0141% | 1h | 0.09806 | +0.138% | $521K | $788K | 15x | as long as short |
| Reya DOGERUSDPERP | +0.0169% | 1h | 0.09794 | +0.014% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09797 | +0.046% | $15.2M | $21.2M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0232% | 1h | 0.09805 | +0.128% | $2.0M | $20.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0238% / S −0.0250% | 1h | 0.09793 | +0.009% | $293K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0460% | 1h | 0.09800 | +0.075% | $5.8M | $27.9M | 50x | as long as short |
| Hyperliquid DOGE | +0.0649% | 1h | 0.09811 | +0.189% | $110.4M | $61.4M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0699% | 1h | 0.09803 | +0.102% | $309K | $472K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0921% | 1h | 0.09830 | +0.383% | $5K | $112K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
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
01 Exchange DOGEUSD
Backpack DOGE_USDC_PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP