Funding you earn now, next payment 07:00 UTC+0.0183%/8h= +20.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.027%
Price spread now: Pacifica against Kraken Futures+0.059%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.059%, 7d avg +0.002%
=Together, before fees−0.068%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Pacifica is 0.057% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. 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 | 0.09973 | −0.0083 | get 0.0010% / 1h | 45m 58s | $5.7M | $40.5M | 50x |
| Short | Pacifica DOGE | 0.09979 | 0.0100 | get 0.0013% / 1h | 45m 58s | $319K | $500K | 20x |
Kraken Futures PF_DOGEUSD
Pacifica DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $38.36
- Price spread: +0.059% → +0.002%
- $5.74
- Slippage, 4 orders
- −$19.09
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $7.02
- Costs to cover
- 0.371%
- Break-even
- 5.7 days
Slippage from Kraken Futures: live order book, 3 min ago; Pacifica: live order book, 63 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, 3 min ago | 1.50 bp | 11.8 bp −$12 | 15.7 bp −$157 | 37.7 bp −$3,772 | doesn't fit |
| Sell Pacifica live order book, 63 min ago | 2.00 bp | 10.1 bp −$10 | doesn't fit | 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_DOGEUSDlong | −0.0083% | 1h | 0.09973 | long leg | $5.7M | $40.5M | 50x | |
| Polymarket Perps DOGE-USD | −0.0005% | 1h | 0.09964 | −0.097% | $266K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09978 | +0.045% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09974 | +0.010% | $600K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09970 | −0.034% | $34K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.581% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0078% | 8h | 0.09967 | −0.064% | $142.1M | $344.5M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.1002 | +0.448% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09978 | +0.049% | $851K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09969 | −0.039% | $538K | $1.1M | 10x | as long as short |
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09975 | +0.016% | $4.6M | $58.6M | 75x | as long as short |
| Pacifica DOGEshort | +0.0100% | 1h | 0.09979 | +0.059% | $319K | $500K | 20x | |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09976 | +0.030% | $327.6M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09972 | −0.014% | $165.0M | $520.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09978 | +0.046% | $116.6M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.167% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09972 | −0.014% | $250.3M | $154.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09971 | −0.024% | $110.4M | $257.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09976 | +0.026% | $66.3M | $50.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09976 | +0.026% | — | $80.8M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09975 | +0.016% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09992 | +0.185% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1000 | +0.271% | $303K | $140.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1000 | +0.281% | $640K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | +0.267% | $150K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09973 | −0.004% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09973 | −0.007% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09977 | +0.033% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09977 | +0.036% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09973 | 0.000% | $5.9M | $69.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09972 | −0.014% | $91.6M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09976 | +0.030% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09972 | −0.016% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09974 | +0.006% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09971 | −0.024% | $833 | $530K | 10x | as long as short |
| Hyperliquid DOGE | +0.0112% | 1h | 0.09984 | +0.108% | $123.7M | $116.2M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0196% | 1h | 0.09968 | −0.056% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09975 | +0.016% | $16.2M | $27.0M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09974 | +0.006% | $1.9M | $34.6M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.09976 | +0.027% | $444 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09970 | −0.030% | $314K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0282% | 1h | 0.09977 | +0.036% | $572K | $252K | 25x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09971 | −0.024% | $27K | $300K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09978 | +0.041% | $402K | $452K | 10x | as long as short |
Aster DOGEUSDT
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
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
Arcus DOGE-USD
RISEx DOGE/USDC