DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against SunX−0.102%7-day average −0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$650.653% of the position

Long on SunX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.102%, 7d avg −0.072%

Together, before fees−0.150%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.030% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.072%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DOGE-USDT	0.09988	0.0100	pay 0.0100% / 8h	58m 28s	$35K	$2.3M	30x
Short	Kalshi KXDOGEPERP	0.09977	0	get 0.0000% / 8h	4h 58m	$612K	$6.6M	2.8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee KalshibpOrdersPrice spread, now −0.102%Rate

Funding earned: −$21
Price spread: −0.102% → −0.072%: −$2.99
Slippage, 4 orders: −$47.27
Fee SunX: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$89.26
Costs to cover: 0.653%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; Kalshi: 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 SunX live order book, 8 min ago	17.06 bp	23.1 bp −$23	29.5 bp −$295	doesn't fit	doesn't fit
Sell Kalshi live order book, 5 min ago	3.35 bp	11.4 bp −$11	17.1 bp −$171	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_DOGEUSD	−0.0060%	1h	0.09982	−0.059%	$5.6M	$40.6M	50x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.09972	−0.161%	$224K	$69K	10x	as long as short
Kalshi KXDOGEPERPshort	0.0000%	8h	0.09977	−0.102%	$612K	$6.6M	2.8x
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09980	−0.077%	$35K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.431%	$6K	$242K	12x	as long as short
Bitget DOGEUSDT	+0.0034%	8h	0.09968	−0.196%	$141.4M	$344.6M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.09982	−0.058%	$18K	$382K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.09985	−0.023%	$847K	$6.8M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.09975	−0.126%	$538K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09983	−0.049%	$124.3M	$117.0M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.09975	−0.126%	$4.5M	$58.8M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09976	−0.113%	$318K	$501K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09977	−0.106%	$329.5M	$1.72B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09973	−0.146%	$164.2M	$522.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09977	−0.106%	$117.2M	$1.20B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09974	−0.136%	$17K	$308K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09979	−0.084%	$383K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.09971	−0.166%	$249.6M	$154.8M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09977	−0.106%	$112.1M	$256.8M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09977	−0.106%	$66.7M	$50.0M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09972	−0.156%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09978	−0.096%	$302K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09969	−0.189%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09981	−0.063%	$303K	$140.3M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09977	−0.110%	$629K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09980	−0.076%	$146K	$341K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09973	−0.144%	$262K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09979	−0.086%	$70K	$470K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1000	+0.148%	$19K	$7K	10x	as long as short
SunX DOGE-USDTlong	+0.0100%	8h	0.09988	long leg	$35K	$2.3M	30x
SoDEX DOGE-USD	+0.0100%	1h	0.09983	−0.046%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09989	+0.017%	$5.9M	$69.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09982	−0.056%	$91.5M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09974	−0.138%	$18K	$5K	30x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0101%	1h	0.09985	−0.031%	$573K	$252K	25x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09971	−0.164%	$490K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09981	−0.064%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0107%	8h	0.09973	−0.146%	$833	$536K	10x	as long as short
Reya DOGERUSDPERP	+0.0198%	1h	0.09974	−0.134%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0216%	1h	0.09985	−0.026%	$1.9M	$34.7M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09979	−0.086%	$16.3M	$27.1M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.09980	−0.078%	$314K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0272%	1h	0.09983	−0.049%	$444	$4K	10x	as long as short
RISEx DOGE/USDC	+0.0731%	1h	0.09983	−0.050%	$401K	$458K	10x	as long as short