Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h +0.061%

Price spread now: 01 Exchange against Kalshi−0.285%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kalshi Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.285% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.285% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 5.4 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXDOGEPERP	0.09901	0	get 0.0000% / 8h	2h 54m	$510K	$6.6M	2.8x
Short	01 Exchange DOGEUSD	0.09873	0.0176	get 0.0022% / 1h	54m 28s	$454	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee KalshibpFee 01 ExchangebpOrdersPrice spread, now −0.285%Rate

Funding earned: $36.96
Price spread: −0.285% → 0.000%: −$28.48
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$8.52
Costs to cover: 0.170%
Break-even: 8.6 days

Slippage unknown: Kalshi: live order book, 4 min ago; 01 Exchange: no order-book sample. 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 Kalshi live order book, 4 min ago	6.49 bp	12.2 bp −$12	18.4 bp −$184	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 43 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	−0.0052%	1h	0.09864	−0.371%	$5.3M	$40.6M	50x	as long as short
Bitget DOGEUSDT	−0.0025%	8h	0.09865	−0.365%	$139.4M	$348.0M	75x	as long as short
Kalshi KXDOGEPERPlong	0.0000%	8h	0.09901	long leg	$510K	$6.6M	2.8x
Deribit DOGE_USDC-PERPETUAL	0.0000%	1h	0.09871	−0.304%	$553K	$299K	25x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09967	+0.668%	$33K	—	150x	as long as short
Gate DOGE_USDT	+0.0016%	8h	0.09871	−0.304%	$249.7M	$146.1M	75x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.352%	$6K	$240K	12x	as long as short
Phoenix DOGE	+0.0081%	1h	0.09952	+0.513%	$18K	$355K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09856	−0.460%	$814K	$6.5M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09866	−0.355%	$2K	$545K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado DOGE-PERP	+0.0100%	1h	0.09867	−0.339%	$511K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09882	−0.195%	$123.4M	$113.3M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09872	−0.291%	$5.0M	$58.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09847	−0.541%	$320K	$473K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09877	−0.243%	$326.2M	$1.69B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09871	−0.304%	$166.0M	$521.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09873	−0.284%	$115.5M	$1.16B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09868	−0.334%	$17K	$307K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09931	+0.306%	$379K	$2K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09873	−0.284%	$110.0M	$254.8M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09876	−0.254%	$66.0M	$48.6M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.09874	−0.274%	—	$50.0M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09853	−0.486%	$309K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09917	+0.156%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09931	+0.303%	$263K	$137.6M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09938	+0.373%	$626K	$4.0M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09940	+0.393%	$142K	$346K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09873	−0.284%	$251K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09874	−0.274%	$71K	$451K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09864	−0.377%	$34K	$2.1M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09864	−0.375%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09867	−0.348%	$6.0M	$67.7M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09866	−0.355%	$90.1M	$16.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09844	−0.579%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09858	−0.438%	$478K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09869	−0.323%	$19K	—	3x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0166% / S −0.0120%	1h	0.09864	−0.377%	$329K	—	200x	as long as short
01 Exchange DOGEUSDshort	+0.0176%	1h	0.09873	−0.285%	$454	$4K	10x
Reya DOGERUSDPERP	+0.0204%	1h	0.09868	−0.335%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09865	−0.365%	$15.3M	$26.7M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09870	−0.314%	$2.2M	$35.1M	50x	as long as short
dYdX DOGE-USD	+0.0384%	1h	0.09845	−0.566%	$231K	$62K	10x	as long as short
RISEx DOGE/USDC	+0.0565%	1h	0.09871	−0.302%	$400K	$450K	10x	as long as short