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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.099900get 0.0000% / 8h5h 29m$611K$6.6M2.8x
ShortPacifica DOGE0.099970.0100get 0.0013% / 1h29m 13s$320K$500K20x

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 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: +0.072% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 5 min ago3.95 bp12.0 bp −$1219.7 bp −$197doesn't fitdoesn't fit
Sell Pacifica live order book, 14 min ago2.51 bp8.1 bp −$814.4 bp −$144doesn't fitdoesn't fit

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
Kraken Futures PF_DOGEUSD−0.0083%1h0.09986−0.036%$5.6M$40.5M50xas long as short
dYdX DOGE-USD0.0000%1h0.09986−0.032%$224K$69K10xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.09990long leg$611K$6.6M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09983−0.063%$34K150xas long as short
Polymarket Perps DOGE-USD+0.0032%1h0.09988−0.012%$266K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.410%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0063%8h0.09976−0.136%$142.0M$344.1M75xas long as short
Phoenix DOGE+0.0080%1h0.09997+0.071%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.1000+0.127%$852K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09993+0.039%$540K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09992+0.024%$4.6M$58.5M75xas long as short
Pacifica DOGEshort+0.0100%1h0.09997+0.072%$320K$500K20x
Binance DOGEUSDT+0.0100%8h0.09991+0.017%$328.6M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09985−0.046%$165.4M$520.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09989−0.006%$117.9M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.004%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09987−0.026%$249.8M$156.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09991+0.014%$110.9M$258.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09998+0.084%$66.6M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09988−0.016%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09998+0.084%$304K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09984−0.059%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09985−0.043%$303K$140.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09988−0.016%$630K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09990+0.004%$150K$338K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09989−0.006%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09967−0.230%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1000+0.109%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09986−0.036%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09994+0.040%$5.9M$68.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09985−0.046%$91.7M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09999+0.094%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09981−0.085%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09988−0.021%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09994+0.044%$835$536K10xas long as short
Hyperliquid DOGE+0.0123%1h0.09998+0.084%$124.1M$116.5M10xas long as short
Reya DOGERUSDPERP+0.0197%1h0.09980−0.093%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09984−0.056%$16.2M$27.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09998+0.084%$1.9M$34.8M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09986−0.037%$314K200xas long as short
01 Exchange DOGEUSD+0.0264%1h0.1000+0.121%$445$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0281%1h0.09989−0.010%$573K$252K25xas long as short
Arcus DOGE-USD+0.0387%1h0.1000+0.104%$23K$305K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09992+0.023%$402K$457K10xas long as short