Funding you earn now, next payment 05:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.026%
Price spread now: Kalshi against dYdX+0.251%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$790.793% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.251%, 7d avg −0.018%
=The price spread pays, funding is against you. Kalshi is 0.268% dearer against dYdX than usual: you sell high and buy low (spread +0.251% now, against its 7-day average of −0.018%): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 43 days. At the pace of the last 7 days (−0.107% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.1019 | 0.0021 | pay 0.0003% / 1h | 16m 33s | $229K | $70K | 10x |
| Short | Kalshi KXDOGEPERP | 0.1022 | 0 | get 0.0000% / 8h | 7h 16m | $692K | $6.3M | 2.8x |
dYdX DOGE-USD
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against dYdX. 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
- −$4.41
- Price spread: +0.251% → −0.018%
- $26.82
- Slippage, 4 orders
- −$59.27
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$56.86
- Costs to cover
- 0.793%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 37 min ago; Kalshi: live order book, 2 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 dYdX live order book, 37 min ago | 24.26 bp | 29.3 bp −$29 | 30.1 bp −$301 | 30.2 bp −$3,020 | 229.8 bp −$114.9K |
| Sell Kalshi live order book, 2 min ago | 5.33 bp | 10.3 bp −$10 | 20.2 bp −$202 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.1022 | +0.251% | $692K | $6.3M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1022 | +0.249% | $24K | — | 150x | as long as short |
| dYdX DOGE-USDlong | +0.0021% | 1h | 0.1019 | long leg | $229K | $70K | 10x | |
| Bitget DOGEUSDT | +0.0074% | 8h | 0.1020 | +0.030% | $133.2M | $316.9M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1020 | +0.096% | $754K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1019 | +0.005% | $558K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1020 | +0.063% | $4.9M | $54.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1020 | +0.078% | $325K | $519K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1020 | +0.040% | $335.9M | $1.62B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1019 | 0.000% | $166.3M | $499.9M | 75x | as long as short |
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1019 | +0.020% | $116.1M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1029 | +1.001% | $395K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1020 | +0.059% | $252.0M | $146.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1021 | +0.118% | $116.0M | $246.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1019 | 0.000% | $67.0M | $48.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1020 | +0.089% | — | $79.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1021 | +0.138% | $346K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1023 | +0.351% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1024 | +0.425% | $329K | $136.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1024 | +0.418% | $645K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1023 | +0.363% | $154K | $330K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1019 | −0.009% | $260K | $1.0M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1022 | +0.295% | $69K | $468K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1022 | +0.287% | $19K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1023 | +0.330% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1022 | +0.295% | $2K | $5.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1022 | +0.296% | $6.0M | $65.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1022 | +0.216% | $93.9M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1020 | +0.092% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1020 | +0.070% | $491K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1022 | +0.282% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0120% | 8h | 0.1020 | +0.069% | $1K | $503K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1019 | +0.008% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1021 | +0.177% | $16.6M | $27.0M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1024 | +0.478% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0246% | 1h | 0.1022 | +0.267% | $5.5M | $39.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1022 | +0.253% | $330K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1020 | +0.098% | $454 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1023 | +0.334% | $2.2M | $33.5M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0337% | 1h | 0.1023 | +0.339% | $580K | $247K | 25x | as long as short |
| Hyperliquid DOGE | +0.0472% | 1h | 0.1020 | +0.069% | $127.3M | $111.0M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1021 | +0.138% | $111K | $204K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1020 | +0.113% | $412K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +3.307% | $6K | $242K | 12x | as long as short |
OKX DOGE-USDT-SWAP
Bulk 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
Polymarket Perps DOGE-USD
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
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Deribit DOGE_USDC-PERPETUAL
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP