Funding you earn now, next payment 09:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h +0.018%
Price spread now: Kraken Futures against edgeX+0.479%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs+$12as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.492%−$49 · spread now +0.479%, 7d avg +0.029%
=Together, before fees−0.475%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.450% dearer against edgeX than usual: you sell high and buy low (spread +0.479% now, against its 7-day average of +0.029%): +$45 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 7.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% 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 | edgeX DOGEUSDC | 0.09856 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $261K | $139.4M | 20x |
| Short | Kraken Futures PF_DOGEUSD | 0.09903 | −0.0096 | pay 0.0012% / 1h | 21m 04s | $5.5M | $40.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- −$41.19
- Price spread: +0.479% → +0.029%
- $45.05
- Slippage, 4 orders
- −$13.79
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$28.93
- Costs to cover
- 0.328%
- Break-even
- from the start
Slippage from edgeX: live order book, 3 min ago; Kraken Futures: live order book, 3 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 edgeX live order book, 3 min ago | 2.03 bp | 6.5 bp −$7 | 6.9 bp −$69 | 14.3 bp −$1,426 | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 1.52 bp | 11.1 bp −$11 | 15.0 bp −$150 | 37.7 bp −$3,769 | 221.9 bp −$110.9K |
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 | −0.0096% | 1h | 0.09903 | +0.479% | $5.5M | $40.9M | 50x | |
| Bitget DOGEUSDT | −0.0014% | 8h | 0.09888 | +0.326% | $140.0M | $347.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09909 | +0.540% | $514K | $6.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09898 | +0.423% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.840% | $6K | $242K | 12x | as long as short |
| Gate DOGE_USDT | +0.0064% | 8h | 0.09900 | +0.448% | $250.1M | $155.4M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09887 | +0.319% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09908 | +0.528% | $824K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09871 | +0.154% | $825 | $545K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09879 | +0.235% | $508K | $1.1M | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09910 | +0.545% | $123.5M | $116.4M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09900 | +0.446% | $4.9M | $59.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09883 | +0.276% | $321K | $481K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09898 | +0.428% | $326.6M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09893 | +0.377% | $166.1M | $524.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09896 | +0.408% | $114.7M | $1.19B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09883 | +0.276% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09784 | −0.727% | $374K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09903 | +0.479% | $116.9M | $264.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09902 | +0.468% | $65.8M | $49.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09903 | +0.479% | — | $53.6M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09904 | +0.489% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09791 | −0.657% | $1.0M | $8.4M | — | as long as short |
| edgeX DOGEUSDClong | +0.0100% | 4h | 0.09856 | long leg | $261K | $139.4M | 20x | |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09870 | +0.139% | $631K | $4.2M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | +0.144% | $140K | $348K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09880 | +0.247% | $257K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09903 | +0.479% | $71K | $465K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09809 | −0.478% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09907 | +0.522% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09903 | +0.479% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09902 | +0.465% | $5.9M | $69.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09902 | +0.468% | $90.5M | $16.4M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09880 | +0.244% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09901 | +0.454% | $478K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09903 | +0.473% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0184% | 1h | 0.09908 | +0.529% | $555K | $301K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0202% | 1h | 0.09885 | +0.300% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09910 | +0.550% | $2.2M | $34.8M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09904 | +0.489% | $15.6M | $26.9M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09880 | +0.246% | $455 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0227% / S −0.0267% | 1h | 0.09898 | +0.430% | $329K | — | 200x | as long as short |
| dYdX DOGE-USD | +0.0439% | 1h | 0.09877 | +0.210% | $232K | $74K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09899 | +0.441% | $398K | $449K | 10x | as long as short |
edgeX DOGEUSDC
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC