Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −11.0% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against Paradex+0.650%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Kalshi is 0.650% dearer against Paradex than usual: you sell high and buy low (spread +0.650% now, against zero (this spread has no 7-day history yet)): +$65 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex DOGE-USD-PERP | 0.09875 | 0.0100 | pay 0.0100% / 8h | 6h 55m | $18K | $5K | 30x |
| Short | Kalshi KXDOGEPERP | 0.09939 | 0 | get 0.0000% / 8h | 2h 55m | $513K | $6.6M | 2.8x |
Paradex DOGE-USD-PERP
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Paradex. 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
- −$21
- Price spread: +0.650% → 0.000%
- $65.01
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- $30.01
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Kalshi: live order book, 3 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Kalshi live order book, 3 min ago | 6.49 bp | 11.6 bp −$12 | 19.3 bp −$193 | doesn't fit | doesn't fit |
Paradex: 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 | −0.104% | $5.3M | $40.6M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0024% | 8h | 0.09855 | −0.199% | $139.5M | $347.8M | 75x | as long as short |
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.09939 | +0.650% | $513K | $6.6M | 2.8x | |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09871 | −0.036% | $553K | $299K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09967 | +0.938% | $33K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0016% | 8h | 0.09862 | −0.128% | $249.6M | $146.0M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.637% | $6K | $240K | 12x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09952 | +0.783% | $18K | $355K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09895 | +0.204% | $822K | $6.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09862 | −0.128% | $2K | $545K | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Injective DOGE/USDC PERP
Phoenix DOGE
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 | 0.09857 | −0.178% | $511K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09874 | −0.010% | $123.3M | $113.7M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09871 | −0.036% | $5.0M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09884 | +0.091% | $321K | $473K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09868 | −0.067% | $326.0M | $1.69B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09865 | −0.097% | $165.8M | $521.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09869 | −0.057% | $115.4M | $1.16B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09869 | −0.057% | $17K | $307K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09931 | +0.575% | $379K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09868 | −0.067% | $110.2M | $254.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09865 | −0.097% | $65.7M | $48.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09865 | −0.097% | — | $50.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09921 | +0.470% | $311K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09917 | +0.425% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09931 | +0.572% | $263K | $137.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09938 | +0.642% | $626K | $4.0M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09940 | +0.662% | $142K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09864 | −0.102% | $253K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09869 | −0.057% | $71K | $451K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09864 | −0.109% | $34K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09864 | −0.107% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09929 | +0.553% | $6.0M | $67.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09925 | +0.510% | $90.6M | $16.2M | 50x | as long as short |
| Paradex DOGE-USD-PERPlong | +0.0100% | 8h | 0.09875 | long leg | $18K | $5K | 30x | |
| Extended DOGE-USD | +0.0104% | 1h | 0.09863 | −0.116% | $481K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09869 | −0.056% | $19K | — | 3x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0166% / S −0.0120% | 1h | 0.09864 | −0.109% | $329K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09871 | −0.036% | $454 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0204% | 1h | 0.09864 | −0.104% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09944 | +0.703% | $15.4M | $26.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09870 | −0.047% | $2.2M | $35.1M | 50x | as long as short |
| dYdX DOGE-USD | +0.0393% | 1h | 0.09877 | +0.029% | $232K | $62K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0565% | 1h | 0.09872 | −0.026% | $401K | $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
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
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