Funding you earn now, next payment 02:00 UTC−0.0183%/8h= −20.0% APRpaid last 24h −0.045%
Price spread now: Kalshi against Reya−0.127%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kalshi is 0.127% cheaper against Reya than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya DOGERUSDPERP | 0.09892 | 0.0183 | pay 0.0023% / 1h | 56m 05s | $2K | — | 20x |
| Short | Kalshi KXDOGEPERP | 0.09880 | 0 | get 0.0000% / 8h | 2h 56m | $408K | $4.9M | 2.8x |
Reya DOGERUSDPERP
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Reya. 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
- −$38.41
- Price spread: −0.127% → 0.000%
- −$12.66
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$67.07
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kalshi live order book, 3 min ago | 4.78 bp | 9.8 bp −$10 | 19.3 bp −$193 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0152% | 8h | 0.09878 | −0.145% | $149.8M | $273.0M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09876 | −0.162% | $222K | $59K | 10x | as long as short |
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.09880 | −0.127% | $408K | $4.9M | 2.8x | |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09888 | −0.044% | $591K | $119K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09886 | −0.064% | $23K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09881 | −0.113% | $5.8M | $34.2M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09891 | −0.014% | $756K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.09885 | −0.074% | $848 | $430K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09895 | +0.022% | $506K | $973K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09894 | +0.012% | $4.8M | $47.6M | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09878 | −0.145% | $326K | $517K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09897 | +0.046% | $314.6M | $1.42B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09897 | +0.047% | $156.9M | $441.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09907 | +0.148% | $108.2M | $964.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09890 | −0.023% | $127K | $181K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09960 | +0.684% | $382K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09881 | −0.114% | $239.8M | $128.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09888 | −0.044% | $109.0M | $224.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09885 | −0.074% | $65.0M | $42.7M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09877 | −0.155% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09884 | −0.084% | $352K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09888 | −0.044% | $947K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09949 | +0.576% | $267K | $125.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09946 | +0.541% | $634K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | +0.583% | $146K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09884 | −0.081% | $256K | $636K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09888 | −0.044% | $69K | $435K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09889 | −0.038% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09897 | +0.049% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09890 | −0.023% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09888 | −0.047% | $5.9M | $53.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09885 | −0.074% | $91.2M | $17.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09891 | −0.016% | $523K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09890 | −0.026% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0114% | 8h | 0.09877 | −0.160% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERPlong | +0.0183% | 1h | 0.09892 | long leg | $2K | — | 20x | |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09888 | −0.042% | $522 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09924 | +0.320% | $15.5M | $25.4M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09900 | +0.078% | $2.0M | $25.0M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1001 | +1.191% | $65K | $282K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0270% | 1h | 0.09885 | −0.073% | $310K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09882 | −0.101% | $318K | $406K | 10x | as long as short |
| Hyperliquid DOGE | +0.0602% | 1h | 0.09898 | +0.055% | $120.3M | $97.4M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09990 | +0.987% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP