Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.203%
Price spread now: Injective against KuCoin+6.482%85s7-day average +0.322% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.551%+$155 on $10k
+Price spread, last 4 days (all we have)−6.427%−$643 · spread now +6.482%, 7d avg +0.322%
=The price spread pays, funding is against you. Injective is 6.160% dearer against KuCoin than usual: you sell high and buy low (spread +6.482% now, against its 7-day average of +0.322%): +$616 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 months. Mind the row above: over the last 7 days funding on this pair paid +1.551%, so the current rate has only just turned against you. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOGEUSDTM | 0.09889 | 0.0100 | pay 0.0100% / 8h | 3m 47s | $66.0M | $49.9M | 75x |
| Short | Injective DOGE/USDC PERP | 0.1053 | 0.0033 | get 0.0004% / 1h | 3m 47s | $6K | $242K | 12x |
KuCoin DOGEUSDTM
Injective DOGE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against KuCoin. 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
- −$14
- Price spread: +6.482% → +0.322%
- $616.03
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $590.01
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 5 min ago; Injective: 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 KuCoin live order book, 5 min ago | 1.51 bp | 10.8 bp −$11 | 17.5 bp −$175 | 46.4 bp −$4,639 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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_DOGEUSD | −0.0061% | 1h | 0.09892 | +0.028% | $5.5M | $40.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0003% | 8h | 0.09881 | −0.081% | $140.0M | $347.7M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09893 | +0.040% | $579K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09883 | −0.062% | $35K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0031% | 1h | 0.09878 | −0.110% | $257K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERPshort | +0.0033% | 1h | 0.1053 | +6.482% | $6K | $242K | 12x | |
| dYdX DOGE-USD | +0.0039% | 1h | 0.09888 | −0.015% | $222K | $63K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0084% | 1h | 0.09892 | +0.034% | $568K | $263K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09898 | +0.087% | $826K | $6.9M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09887 | −0.015% | $535K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09896 | +0.067% | $123.3M | $117.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09888 | −0.010% | $4.9M | $59.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09892 | +0.031% | $321K | $507K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09889 | 0.000% | $326.7M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09883 | −0.061% | $163.6M | $525.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09889 | 0.000% | $115.1M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09888 | −0.010% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09910 | +0.212% | $378K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09883 | −0.061% | $248.9M | $159.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09888 | −0.010% | $116.6M | $259.6M | 300x | as long as short |
| KuCoin DOGEUSDTMlong | +0.0100% | 8h | 0.09889 | long leg | $66.0M | $49.9M | 75x | |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09883 | −0.061% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09888 | −0.010% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09890 | +0.012% | $1.0M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09904 | +0.155% | $300K | $139.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09904 | +0.153% | $627K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | +0.212% | $142K | $346K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09887 | −0.020% | $70K | $478K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09907 | +0.180% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09888 | −0.008% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09890 | +0.010% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09892 | +0.029% | $5.8M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09891 | +0.020% | $90.4M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09889 | +0.004% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09882 | −0.070% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09890 | +0.007% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0106% | 8h | 0.09885 | −0.040% | $1K | $542K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09904 | +0.152% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0201% | 1h | 0.09882 | −0.075% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09889 | 0.000% | $1.9M | $34.9M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09896 | +0.071% | $15.4M | $26.9M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09894 | +0.048% | $440 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0377% / S −0.0750% | 1h | 0.09883 | −0.063% | $615K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09894 | +0.051% | $398K | $456K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
BingX DOGE-USDC
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
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC