Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: MEXC against Kalshi+0.089%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$270.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.153%+$15 on $10k
Price spread, last 7 days−0.164%−$16 · spread now +0.089%, 7d avg +0.019%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.070% dearer against Kalshi than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.10100get 0.0000% / 8h3h 23m$409K$4.8M2.8x
ShortMEXC DOGE_USDT0.10110.0100get 0.0100% / 8h7h 23m$114.1M$224.7M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Kalshi. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: +0.089% → +0.019%
$6.97
Slippage, 4 orders
−$17.06
Fee Kalshi: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
$0.91
Costs to cover
0.271%
Break-even
6.7 days
Slippage from Kalshi: live order book, 5 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 5 min ago7.93 bp13.0 bp −$1317.9 bp −$179doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.50 bp0.5 bp $02.0 bp −$208.6 bp −$86534.3 bp −$17.2K

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0177%8h0.1010−0.040%$153.4M$270.9M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1010+0.013%$6.1M$33.9M50xas long as short
Phemex DOGEUSDT−0.0003%8h0.1010+0.010%$93.2M$17.8M50xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.1010long leg$409K$4.8M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1011+0.073%$24K150xas long as short
dYdX DOGE-USD+0.0016%1h0.1009−0.056%$227K$44K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0037%1h0.1011+0.057%$608K$121K25xas long as short
Lighter DOGE+0.0096%1h0.1011+0.087%$795K$5.8M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1011+0.059%$844$412K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1010+0.015%$518K$971K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1010+0.038%$5.0M$46.4M75xas long as short
Pacifica DOGE+0.0100%1h0.1010−0.020%$336K$516K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1011+0.094%$321.2M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1011+0.050%$160.5M$438.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1011+0.059%$111.7M$974.7M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1011+0.099%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1007−0.294%$386K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1011+0.059%$246.0M$129.6M75xas long as short
MEXC DOGE_USDTshort+0.0100%8h0.1011+0.089%$114.1M$224.7M300x
KuCoin DOGEUSDTM+0.0100%8h0.1011+0.050%$66.3M$42.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1010+0.030%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1010+0.030%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1010+0.048%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1009−0.055%$265K$124.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1010−0.020%$633K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1008−0.198%$148K$268K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1010+0.010%$272K$629K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1010+0.030%$73K$424K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1010+0.020%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1011+0.133%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1010+0.030%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1011+0.099%$6.0M$52.7M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1010−0.014%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1010+0.008%$532K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1010+0.028%$19K3xas long as short
Reya DOGERUSDPERP+0.0182%1h0.1011+0.053%$2K20xas long as short
01 Exchange DOGEUSD+0.0184%1h0.1011+0.065%$534$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1010−0.010%$15.4M$25.8M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1011+0.059%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0240%1h0.1010+0.008%$66K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0272%1h0.1011+0.069%$317K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1011+0.094%$327K$451K10xas long as short
Hyperliquid DOGE+0.0822%1h0.1012+0.188%$123.4M$94.9M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1012+0.198%$5K$239K12xas long as short