Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against Kalshi−0.271%61s7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days+0.383%+$38 on $10k
+Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.271%, 7d avg +0.057%
=Funding pays, the price is against you. BloFin is 0.328% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of +0.057%). If the spread goes back, that is −$33 on $10k: about 5.0 days of funding at the current rate (+$7 a day). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.1011 | 0 | get 0.0000% / 8h | 7h 06m | $662K | $6.4M | 2.8x |
| Short | BloFin DOGE-USDT | 0.1008 | 0.0220 | get 0.0220% / 8h | 3h 06m | $16.3M | $26.9M | 75x |
Kalshi KXDOGEPERP
BloFin DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kalshi. 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
- $46.2
- Price spread: −0.271% → +0.057%
- −$32.82
- Slippage, 4 orders
- −$27.23
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.85
- Costs to cover
- 0.492%
- Break-even
- 12.4 days
Slippage from Kalshi: live order book, 3 min ago; BloFin: live order book, 3 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 Kalshi live order book, 3 min ago | 6.87 bp | 12.0 bp −$12 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 5.47 bp | 13.5 bp −$13 | 15.0 bp −$150 | 18.8 bp −$1,885 | 34.5 bp −$17.3K |
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 KXDOGEPERPlong | 0.0000% | 8h | 0.1011 | long leg | $662K | $6.4M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1010 | −0.146% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0017% | 1h | 0.1009 | −0.180% | $227K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0093% | 8h | 0.1010 | −0.133% | $131.1M | $319.3M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1011 | −0.017% | $749K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1010 | −0.103% | $554K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.091% | $4.8M | $55.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1009 | −0.170% | $322K | $520K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.086% | $330.4M | $1.63B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.142% | $163.8M | $505.5M | 75x | as long as short |
gTrade (Gains Network) DOGE/USD
dYdX 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 | 0.1010 | −0.113% | $115.3M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1016 | +0.510% | $390K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1010 | −0.142% | $247.9M | $148.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1010 | −0.123% | $114.7M | $248.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1010 | −0.083% | $66.4M | $48.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1010 | −0.123% | — | $79.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1010 | −0.123% | $326K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1013 | +0.200% | $1.1M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1008 | −0.294% | $322K | $136.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1006 | −0.518% | $641K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1009 | −0.202% | $152K | $331K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1009 | −0.162% | $262K | $1.1M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1010 | −0.113% | $66K | $463K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1010 | −0.142% | $19K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1011 | −0.033% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1010 | −0.073% | $2K | $5.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1010 | −0.113% | $6.0M | $65.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.083% | $92.9M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1009 | −0.226% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1010 | −0.119% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1010 | −0.110% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0119% | 8h | 0.1009 | −0.192% | $1K | $509K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0193% | 1h | 0.1010 | −0.126% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.1008 | −0.271% | $16.3M | $26.9M | 75x | |
| 01 Exchange DOGEUSD | +0.0232% | 1h | 0.1009 | −0.163% | $449 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1015 | +0.374% | $18K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0249% | 1h | 0.1010 | −0.093% | $5.5M | $39.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0254% / S −0.0292% | 1h | 0.1010 | −0.150% | $330K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1010 | −0.083% | $2.1M | $33.6M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0324% | 1h | 0.1011 | −0.049% | $573K | $247K | 25x | as long as short |
| Hyperliquid DOGE | +0.0395% | 1h | 0.1011 | −0.034% | $125.7M | $112.6M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1010 | −0.083% | $109K | $207K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1010 | −0.123% | $407K | $433K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +4.150% | $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
01 Exchange DOGEUSD
Phoenix DOGE
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Deribit DOGE_USDC-PERPETUAL
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP