Funding you earn now, next payment 03:00 UTC−0.0206%/8h= −22.5% APRpaid last 24h −0.029%
Price spread now: HTX against Kraken Futures−0.090%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$360.357% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.095%+$10 · spread now −0.090%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.108% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.1000 | 0.0306 | pay 0.0038% / 1h | 47m 53s | $5.7M | $35.0M | 50x |
| Short | HTX DOGE-USDT | 0.09992 | 0.0100 | get 0.0100% / 8h | 5h 47m | $5.9M | $56.2M | 75x |
Kraken Futures PF_DOGEUSD
HTX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- −$43.21
- Price spread: −0.090% → +0.018%
- −$10.79
- Slippage, 4 orders
- −$13.73
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$89.73
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; HTX: live order book, 1 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 Kraken Futures live order book, 1 min ago | 2.50 bp | 7.5 bp −$8 | 9.7 bp −$97 | 31.9 bp −$3,186 | doesn't fit |
| Sell HTX live order book, 1 min ago | 0.30 bp | 11.1 bp −$11 | 16.0 bp −$160 | 46.4 bp −$4,637 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0093% | 8h | 0.09981 | −0.198% | $151.2M | $273.8M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09999 | −0.023% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1000 | +0.003% | $446K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09993 | −0.077% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0080% | 1h | 0.09996 | −0.047% | $597K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | +0.058% | $813K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09993 | −0.078% | $835 | $434K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09997 | −0.038% | $533K | $990K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09985 | −0.158% | $4.7M | $48.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1000 | +0.003% | $329K | $484K | 20x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09988 | −0.128% | $320.4M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09984 | −0.168% | $160.2M | $439.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09988 | −0.128% | $111.2M | $986.5M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | −0.108% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09983 | −0.178% | $242.8M | $131.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09986 | −0.148% | $113.3M | $229.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09993 | −0.078% | $66.0M | $43.2M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09985 | −0.158% | — | $76.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09983 | −0.178% | $329K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1005 | +0.477% | $1.0M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09988 | −0.125% | $296K | $129.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1005 | +0.482% | $632K | $4.4M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09995 | −0.056% | $256K | $731K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09992 | −0.088% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09993 | −0.077% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09996 | −0.052% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09997 | −0.038% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDTshort | +0.0100% | 8h | 0.09992 | −0.090% | $5.9M | $56.2M | 75x | |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09996 | −0.048% | $92.1M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09983 | −0.181% | $558K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09993 | −0.080% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0105% | 8h | 0.1001 | +0.053% | $18K | $6K | 30x | as long as short |
| ApeX Omni DOGEUSDT | +0.0169% | 1h | 0.09980 | −0.208% | $146K | $274K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09997 | −0.038% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.1000 | −0.005% | $533 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1006 | +0.549% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09993 | −0.077% | $311K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.1001 | +0.072% | $2.3M | $26.0M | 50x | as long as short |
| Kraken Futures PF_DOGEUSDlong | +0.0306% | 1h | 0.1000 | long leg | $5.7M | $35.0M | 50x | |
| Hyperliquid DOGE | +0.0395% | 1h | 0.09997 | −0.038% | $121.8M | $99.9M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09999 | −0.014% | $403K | $367K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.1001 | +0.042% | $129K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1003 | +0.292% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
ApeX Omni DOGEUSDT
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP