Funding you earn now, next payment 03:00 UTC+0.0206%/8h= +22.6% APRpaid last 24h +0.036%
Price spread now: Kraken Futures against Gate+0.211%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 3 days (all we have)−0.193%−$19 · spread now +0.211%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.177% dearer against Gate than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DOGE_USDT | 0.09973 | 0.0100 | pay 0.0100% / 8h | 5h 54m | $242.2M | $131.0M | 75x |
| Short | Kraken Futures PF_DOGEUSD | 0.09994 | 0.0306 | get 0.0038% / 1h | 54m 24s | $5.8M | $34.7M | 50x |
Gate DOGE_USDT
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $43.25
- Price spread: +0.211% → +0.033%
- $17.75
- Slippage, 4 orders
- −$17.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $18.97
- Costs to cover
- 0.420%
- Break-even
- 3.9 days
Slippage from Gate: live order book, 5 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 Gate live order book, 5 min ago | 0.50 bp | 11.4 bp −$11 | 19.9 bp −$199 | 34.3 bp −$3,433 | 54.0 bp −$27.0K |
| Sell Kraken Futures live order book, 5 min ago | 2.51 bp | 9.9 bp −$10 | 13.4 bp −$134 | 33.8 bp −$3,377 | doesn't fit |
DOGE on 43 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 | −0.0091% | 8h | 0.09987 | +0.140% | $151.2M | $273.3M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09988 | +0.148% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09982 | +0.091% | $394K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09974 | +0.006% | $24K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09995 | +0.218% | $812K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09967 | −0.060% | $833 | $430K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09975 | +0.020% | $532K | $988K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09983 | +0.101% | $4.7M | $48.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09988 | +0.152% | $328K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09978 | +0.050% | $318.2M | $1.43B | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09984 | +0.110% | $159.8M | $437.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09993 | +0.201% | $111.0M | $983.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.170% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDTlong | +0.0100% | 8h | 0.09973 | long leg | $242.2M | $131.0M | 75x | |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09975 | +0.020% | $113.3M | $228.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09970 | −0.030% | $65.9M | $43.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09976 | +0.030% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09989 | +0.160% | $334K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.520% | $998K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09950 | −0.231% | $292K | $128.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09953 | −0.200% | $625K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | −0.231% | $146K | $274K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09969 | −0.037% | $255K | $730K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09985 | +0.120% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09987 | +0.141% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09976 | +0.034% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09996 | +0.231% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09976 | +0.034% | $6.0M | $55.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09989 | +0.160% | $92.0M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09992 | +0.192% | $561K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09992 | +0.188% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0105% | 8h | 0.09985 | +0.124% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0130% | 1h | 0.09993 | +0.202% | $597K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09970 | −0.028% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09990 | +0.169% | $532 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09951 | −0.222% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09972 | −0.005% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09995 | +0.221% | $2.3M | $25.9M | 50x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0306% | 1h | 0.09994 | +0.211% | $5.8M | $34.7M | 50x | |
| Hyperliquid DOGE | +0.0442% | 1h | 0.09978 | +0.048% | $121.4M | $99.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09989 | +0.165% | $402K | $367K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09998 | +0.251% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1002 | +0.471% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP