Funding you earn now, next payment 05:00 UTC−0.0255%/8h= −28.0% APRpaid last 24h −0.068%
Price spread now: Kalshi against GMX−0.181%7-day average −0.065% · 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)−0.232%−$23 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.181%, 7d avg −0.065%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Kalshi is 0.115% cheaper against GMX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.1019 | L +0.0255% / S −0.0309% | pay 0.0032% / 1h | 14m 48s | $329K | — | 200x |
| Short | Kalshi KXDOGEPERP | 0.1017 | 0 | get 0.0000% / 8h | 7h 14m | $688K | $6.3M | 2.8x |
GMX DOGE/USD [ETH-USDC]
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against GMX. 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
- −$53.65
- Price spread: −0.181% → −0.065%
- −$11.55
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$87.2
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Kalshi: live order book, 4 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 GMX no order-book sample | — | — | — | — | — |
| Sell Kalshi live order book, 4 min ago | 5.33 bp | 10.3 bp −$10 | 20.2 bp −$202 | doesn't fit | doesn't fit |
GMX: 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 KXDOGEPERPshort | 0.0000% | 8h | 0.1017 | −0.181% | $688K | $6.3M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1019 | −0.019% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0020% | 1h | 0.1017 | −0.138% | $228K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0076% | 8h | 0.1017 | −0.140% | $132.4M | $317.3M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1018 | −0.109% | $751K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1019 | +0.051% | $558K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1017 | −0.130% | $4.9M | $54.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1018 | −0.120% | $325K | $519K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1017 | −0.121% | $334.5M | $1.62B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1017 | −0.160% | $165.9M | $501.0M | 75x | as long as short |
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1017 | −0.131% | $115.5M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1029 | +1.057% | $395K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1017 | −0.150% | $250.7M | $146.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1017 | −0.140% | $116.1M | $246.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1018 | −0.111% | $66.9M | $48.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1017 | −0.150% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1017 | −0.170% | $341K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1019 | +0.034% | $1.2M | $8.5M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1022 | +0.307% | $326K | $136.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1022 | +0.336% | $644K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1022 | +0.321% | $154K | $330K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1019 | −0.003% | $260K | $1.0M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1018 | −0.062% | $69K | $468K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1018 | −0.076% | $19K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1019 | +0.073% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1017 | −0.131% | $2K | $5.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1018 | −0.072% | $6.0M | $65.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1018 | −0.042% | $93.6M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1017 | −0.210% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1017 | −0.129% | $491K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1018 | −0.089% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0120% | 8h | 0.1020 | +0.085% | $1K | $503K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0173% | 1h | 0.1018 | −0.095% | $578K | $247K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1019 | +0.014% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1018 | −0.023% | $16.4M | $27.0M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1024 | +0.534% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0247% | 1h | 0.1017 | −0.151% | $5.5M | $39.2M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.1020 | +0.084% | $453 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0255% / S −0.0309% | 1h | 0.1019 | long leg | $329K | — | 200x | |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1018 | −0.052% | $2.2M | $33.4M | 50x | as long as short |
| Hyperliquid DOGE | +0.0454% | 1h | 0.1018 | −0.062% | $126.9M | $111.2M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1021 | +0.184% | $110K | $207K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1020 | +0.134% | $412K | $431K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +3.364% | $6K | $242K | 12x | as long as short |
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
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
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Kraken Futures PF_DOGEUSD
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP