Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against Kalshi+0.072%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.072%, 7d avg +0.045%
=Together, before fees+0.219%+ Points / potential airdropPacifica: Active · farm board+$22 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 Pacifica is 0.027% dearer against Kalshi than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.09990 | 0 | get 0.0000% / 8h | 5h 29m | $611K | $6.6M | 2.8x |
| Short | Pacifica DOGE | 0.09997 | 0.0100 | get 0.0013% / 1h | 29m 13s | $320K | $500K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: +0.072% → +0.045%
- $2.74
- Slippage, 4 orders
- −$21.41
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$15.68
- Costs to cover
- 0.394%
- Break-even
- 12.2 days
Slippage from Kalshi: live order book, 5 min ago; Pacifica: live order book, 14 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, 5 min ago | 3.95 bp | 12.0 bp −$12 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 14 min ago | 2.51 bp | 8.1 bp −$8 | 14.4 bp −$144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09986 | −0.036% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09986 | −0.032% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERPlong | 0.0000% | 8h | 0.09990 | long leg | $611K | $6.6M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09983 | −0.063% | $34K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0032% | 1h | 0.09988 | −0.012% | $266K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.410% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0063% | 8h | 0.09976 | −0.136% | $142.0M | $344.1M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09997 | +0.071% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | +0.127% | $852K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09993 | +0.039% | $540K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09992 | +0.024% | $4.6M | $58.5M | 75x | as long as short |
| Pacifica DOGEshort | +0.0100% | 1h | 0.09997 | +0.072% | $320K | $500K | 20x | |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09991 | +0.017% | $328.6M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09985 | −0.046% | $165.4M | $520.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09989 | −0.006% | $117.9M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.004% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09987 | −0.026% | $249.8M | $156.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09991 | +0.014% | $110.9M | $258.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09998 | +0.084% | $66.6M | $50.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09988 | −0.016% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09998 | +0.084% | $304K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09984 | −0.059% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09985 | −0.043% | $303K | $140.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09988 | −0.016% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09990 | +0.004% | $150K | $338K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09989 | −0.006% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.230% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | +0.109% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09986 | −0.036% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09994 | +0.040% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09985 | −0.046% | $91.7M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09999 | +0.094% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09981 | −0.085% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09988 | −0.021% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09994 | +0.044% | $835 | $536K | 10x | as long as short |
| Hyperliquid DOGE | +0.0123% | 1h | 0.09998 | +0.084% | $124.1M | $116.5M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09980 | −0.093% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09984 | −0.056% | $16.2M | $27.0M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09998 | +0.084% | $1.9M | $34.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09986 | −0.037% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1000 | +0.121% | $445 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0281% | 1h | 0.09989 | −0.010% | $573K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.1000 | +0.104% | $23K | $305K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09992 | +0.023% | $402K | $457K | 10x | as long as short |
Kalshi KXDOGEPERP
Pacifica DOGE
Kraken Futures PF_DOGEUSD
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
Aster DOGEUSDT
Binance DOGEUSDT
Bybit DOGEUSDT
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Katana Perps DOGE-USD
Hyperliquid DOGE
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
RISEx DOGE/USDC