Funding you earn now, next payment 00:00 UTC+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against Kalshi−0.125%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$380.383% of the position
Funding, last 7 days+0.383%+$38 on $10k
+Price spread, last 3 days (all we have)+0.108%+$11 · spread now −0.125%, 7d avg +0.057%
=Funding pays, the price is against you. BloFin is 0.182% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of +0.057%). If the spread goes back, that is −$18 on $10k: about 2.8 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.1008 | 0 | get 0.0000% / 8h | 4h 36m | $416K | $4.8M | 2.8x |
| Short | BloFin DOGE-USDT | 0.1006 | 0.0220 | get 0.0220% / 8h | 36m 29s | $15.5M | $25.4M | 75x |
Kalshi KXDOGEPERP
BloFin DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kalshi. 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
- $46.2
- Price spread: −0.125% → +0.057%
- −$18.23
- Slippage, 4 orders
- −$16.26
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$10.3
- Costs to cover
- 0.383%
- Break-even
- 8.6 days
Slippage from Kalshi: live order book, 2 min ago; BloFin: 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 Kalshi live order book, 2 min ago | 4.02 bp | 11.0 bp −$11 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.99 bp | 7.1 bp −$7 | 9.8 bp −$98 | 19.4 bp −$1,943 | 38.3 bp −$19.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0240% | 8h | 0.1005 | −0.254% | $153.0M | $268.6M | 75x | as long as short |
| Kalshi KXDOGEPERPlong | 0.0000% | 8h | 0.1008 | long leg | $416K | $4.8M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1007 | −0.094% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0070% | 1h | 0.1006 | −0.118% | $226K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0077% | 8h | 0.1006 | −0.145% | $242.7M | $126.7M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1008 | −0.005% | $800K | $5.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1005 | −0.224% | $971 | $389K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0098% | 1h | 0.1007 | −0.074% | $606K | $117K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1006 | −0.185% | $541K | $960K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.117% | $5.0M | $45.4M | 75x | as long as short |
Bitget DOGEUSDT
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1007 | −0.056% | $336K | $509K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.175% | $320.5M | $1.36B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.195% | $158.5M | $430.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1006 | −0.155% | $109.5M | $949.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1007 | −0.115% | $31K | $80K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1008 | +0.034% | $386K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1007 | −0.095% | $112.5M | $220.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1007 | −0.065% | $66.2M | $41.8M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1007 | −0.095% | — | $75.6M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1011 | +0.294% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1008 | +0.003% | $278K | $118.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1011 | +0.331% | $637K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1008 | +0.034% | $148K | $250K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1006 | −0.214% | $259K | $556K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1007 | −0.105% | $73K | $433K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1007 | −0.106% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1007 | −0.047% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1007 | −0.095% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1006 | −0.124% | $6.1M | $51.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1007 | −0.115% | $93.1M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1007 | −0.090% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1006 | −0.137% | $537K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1007 | −0.091% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0104% | 1h | 0.1007 | −0.103% | $6.0M | $33.3M | 50x | as long as short |
| Reya DOGERUSDPERP | +0.0179% | 1h | 0.1006 | −0.188% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.1006 | −0.125% | $15.5M | $25.4M | 75x | |
| Phoenix DOGE | +0.0239% | 1h | 0.1009 | +0.091% | $67K | $281K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.1006 | −0.136% | $531 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1008 | +0.014% | $2.0M | $24.3M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0271% | 1h | 0.1007 | −0.099% | $316K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0423% | 1h | 0.1007 | −0.056% | $538K | $965K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.1007 | −0.115% | $315K | $475K | 10x | as long as short |
| Hyperliquid DOGE | +0.0927% | 1h | 0.1008 | +0.064% | $118.1M | $88.6M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1012 | +0.431% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Kraken Futures PF_DOGEUSD
Reya DOGERUSDPERP
Phoenix DOGE
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP