Funding you earn now, next payment 04:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.06 per $10,000 · paid last 24h +0.033%
Price spread now: Kraken Futures against dYdX−0.015%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.015%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.041% cheaper against dYdX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.1003 | 0.0013 | pay 0.0002% / 1h | 14m 00s | $225K | $49K | 10x |
| Short | Kraken Futures PF_DOGEUSD | 0.1003 | −0.0031 | pay 0.0004% / 1h | 14m 00s | $5.7M | $35.7M | 50x |
dYdX DOGE-USD
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$9.43
- Price spread: −0.015% → +0.027%
- −$4.14
- Slippage, 4 orders
- −$80.02
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$113.59
- Costs to cover
- 1.000%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 45 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 dYdX live order book, 45 min ago | 28.73 bp | 36.7 bp −$37 | 50.4 bp −$504 | 54.8 bp −$5,482 | 184.3 bp −$92.1K |
| Sell Kraken Futures live order book, 5 min ago | 0.50 bp | 9.5 bp −$10 | 11.9 bp −$119 | 23.5 bp −$2,345 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0035% | 8h | 0.1003 | −0.016% | $151.5M | $276.9M | 75x | as long as short |
| Kraken Futures PF_DOGEUSDshort | −0.0031% | 1h | 0.1003 | −0.015% | $5.7M | $35.7M | 50x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1003 | +0.016% | $395K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1002 | −0.093% | $24K | — | 150x | as long as short |
| dYdX DOGE-USDlong | +0.0013% | 1h | 0.1003 | long leg | $225K | $49K | 10x | |
| Lighter DOGE | +0.0096% | 1h | 0.1003 | +0.036% | $736K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0098% | 8h | 0.1003 | −0.056% | $906 | $458K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1003 | +0.019% | $527K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.004% | $4.7M | $49.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1004 | +0.050% | $325K | $484K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.023% | $324.7M | $1.47B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.014% | $164.4M | $448.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1003 | +0.034% | $114.4M | $1.02B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | +0.009% | $385K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1003 | −0.036% | $247.3M | $135.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1003 | +0.034% | $112.6M | $235.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1003 | +0.024% | $66.5M | $43.8M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1003 | −0.036% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1003 | −0.016% | $322K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | −0.188% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | −0.073% | $304K | $131.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | +0.009% | $632K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1003 | −0.006% | $146K | $289K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1002 | −0.086% | $258K | $870K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1003 | −0.036% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.030% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | +0.066% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1003 | +0.004% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.028% | $6.0M | $58.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.014% | $92.2M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1003 | +0.010% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1003 | +0.026% | $491K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1003 | −0.021% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0139% | 1h | 0.1003 | +0.003% | $600K | $119K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1002 | −0.081% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.1004 | +0.050% | $535 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1003 | +0.034% | $15.8M | $25.5M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1003 | −0.030% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.1002 | −0.109% | $313K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0262% | 1h | 0.1004 | +0.084% | $122.5M | $101.8M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1003 | −0.026% | $2.3M | $27.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1004 | +0.124% | $109K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1004 | +0.061% | $405K | $414K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1005 | +0.193% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP