Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h +0.023%
Price spread now: Kraken Futures against Bulk−0.126%7-day average +0.006% · 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−$49as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 4 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.126%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.133% cheaper against Bulk than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk DOGE-USD | 0.09918 | 0.0100 | pay 0.0013% / 1h | 13m 45s | $379K | $16K | 10x |
| Short | Kraken Futures PF_DOGEUSD | 0.09906 | −0.0060 | pay 0.0008% / 1h | 13m 45s | $5.5M | $40.9M | 50x |
Bulk DOGE-USD
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bulk. 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
- −$33.69
- Price spread: −0.126% → +0.006%
- −$13.26
- Slippage, 4 orders
- −$19
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$82.95
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 25 min ago; Kraken Futures: 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 Bulk live order book, 25 min ago | 5.03 bp | 8.5 bp −$9 | 8.5 bp −$85 | 14.0 bp −$1,402 | 26.7 bp −$13.3K |
| Sell Kraken Futures live order book, 5 min ago | 1.01 bp | 9.8 bp −$10 | 12.4 bp −$124 | 30.2 bp −$3,024 | 203.5 bp −$101.8K |
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_DOGEUSDshort | −0.0060% | 1h | 0.09906 | −0.126% | $5.5M | $40.9M | 50x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09904 | −0.148% | $579K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09903 | −0.159% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0003% | 8h | 0.09894 | −0.246% | $140.2M | $347.9M | 75x | as long as short |
| Polymarket Perps DOGE-USD | +0.0031% | 1h | 0.09897 | −0.220% | $257K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.167% | $6K | $242K | 12x | as long as short |
| dYdX DOGE-USD | +0.0045% | 1h | 0.09903 | −0.154% | $222K | $63K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09910 | −0.089% | $827K | $6.9M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09899 | −0.195% | $535K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09907 | −0.115% | $123.4M | $117.3M | 10x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
dYdX DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09902 | −0.163% | $5.0M | $59.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09906 | −0.122% | $322K | $509K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09903 | −0.154% | $327.1M | $1.73B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09898 | −0.205% | $163.6M | $526.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09899 | −0.195% | $115.0M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09900 | −0.185% | $16K | $311K | 10x | as long as short |
| Bulk DOGE-USDlong | +0.0100% | 1h | 0.09918 | long leg | $379K | $16K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09901 | −0.175% | $249.5M | $158.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09907 | −0.115% | $117.0M | $259.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09906 | −0.125% | $66.0M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09902 | −0.165% | — | $57.9M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09908 | −0.105% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09901 | −0.176% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09913 | −0.057% | $302K | $140.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09916 | −0.024% | $628K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | +0.016% | $142K | $346K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09905 | −0.135% | $71K | $473K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09903 | −0.157% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09913 | −0.051% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09905 | −0.135% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09905 | −0.133% | $5.8M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09905 | −0.135% | $90.6M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09907 | −0.118% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09902 | −0.164% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09907 | −0.120% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0106% | 8h | 0.09898 | −0.205% | $827 | $542K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09922 | +0.036% | $18K | $382K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0174% | 1h | 0.09910 | −0.087% | $569K | $260K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0200% | 1h | 0.09890 | −0.281% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09905 | −0.135% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09905 | −0.135% | $15.4M | $26.9M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0235% / S −0.0235% | 1h | 0.09897 | −0.213% | $281K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.09905 | −0.136% | $440 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09906 | −0.126% | $398K | $461K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC