Funding you earn now, next payment 10:00 UTC+0.0152%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h −0.018%
Price spread now: SoDEX against Kraken Futures−0.063%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 4 days (all we have)−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.063%, 7d avg −0.014%
=Funding pays, the price is against you. SoDEX is 0.049% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.014%). If the spread goes back, that is −$5 on $10k: about 26 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.09879 | −0.0052 | get 0.0007% / 1h | 54m 15s | $5.4M | $40.6M | 50x |
| Short | SoDEX DOGE-USD | 0.09873 | 0.0100 | get 0.0013% / 1h | 54m 15s | $2K | $5.4M | 10x |
Kraken Futures PF_DOGEUSD
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $31.96
- Price spread: −0.063% → −0.014%
- −$4.92
- Slippage, 4 orders
- −$11.38
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$2.34
- Costs to cover
- 0.294%
- Break-even
- 7.5 days
Slippage from Kraken Futures: live order book, 5 min ago; SoDEX: live order book, 5 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, 5 min ago | 1.01 bp | 10.9 bp −$11 | 14.7 bp −$147 | 42.8 bp −$4,276 | doesn't fit |
| Sell SoDEX live order book, 5 min ago | 0.50 bp | 4.5 bp −$5 | 7.9 bp −$79 | 144.1 bp −$14.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSDlong | −0.0052% | 1h | 0.09879 | long leg | $5.4M | $40.6M | 50x | |
| Bitget DOGEUSDT | −0.0025% | 8h | 0.09865 | −0.144% | $139.4M | $348.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09855 | −0.247% | $497K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09967 | +0.890% | $33K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0016% | 8h | 0.09871 | −0.083% | $249.7M | $146.1M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.587% | $6K | $240K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09952 | +0.735% | $18K | $355K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0094% | 1h | 0.09877 | −0.023% | $553K | $299K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09890 | +0.105% | $817K | $6.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09866 | −0.134% | $2K | $545K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Injective DOGE/USDC PERP
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USDShow 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 | −0.119% | $511K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09882 | +0.026% | $123.4M | $113.3M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09881 | +0.018% | $5.0M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09847 | −0.321% | $320K | $473K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09883 | +0.038% | $326.4M | $1.69B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09881 | +0.018% | $166.2M | $521.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09883 | +0.038% | $115.6M | $1.17B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09868 | −0.114% | $17K | $307K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09931 | +0.528% | $379K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09886 | +0.068% | $110.1M | $254.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09876 | −0.033% | $66.0M | $48.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09874 | −0.053% | — | $50.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09853 | −0.266% | $309K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09917 | +0.378% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09931 | +0.525% | $263K | $137.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09938 | +0.595% | $626K | $4.0M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09940 | +0.615% | $142K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09873 | −0.063% | $251K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09874 | −0.053% | $71K | $451K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09877 | −0.027% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.09873 | −0.063% | $2K | $5.4M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09877 | −0.027% | $6.0M | $67.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09883 | +0.038% | $90.2M | $16.3M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09844 | −0.359% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09867 | −0.129% | $478K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09881 | +0.014% | $19K | — | 3x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0166% / S −0.0120% | 1h | 0.09864 | −0.156% | $329K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.09873 | −0.064% | $454 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0204% | 1h | 0.09868 | −0.115% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09865 | −0.144% | $15.3M | $26.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09882 | +0.028% | $2.2M | $35.2M | 50x | as long as short |
| dYdX DOGE-USD | +0.0384% | 1h | 0.09845 | −0.346% | $231K | $62K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0565% | 1h | 0.09871 | −0.082% | $400K | $450K | 10x | as long as short |
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
dYdX DOGE-USD
RISEx DOGE/USDC