Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.030%
Price spread now: Binance against Kraken Futures−0.011%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.011%, 7d avg −0.012%
=The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.09997 | 0.0002 | pay 0.0000% / 1h | 48m 20s | $5.6M | $39.6M | 50x |
| Short | Binance DOGEUSDT | 0.09996 | 0.0100 | get 0.0100% / 8h | 2h 48m | $325.3M | $1.66B | 75x |
Kraken Futures PF_DOGEUSD
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- $20.52
- Price spread: −0.011% → −0.012%
- $0.17
- Slippage, 4 orders
- −$15.13
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.45
- Costs to cover
- 0.351%
- Break-even
- 11.9 days
Slippage from Kraken Futures: live order book, 6 min ago; Binance: live order book, 11 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 Kraken Futures live order book, 6 min ago | 1.00 bp | 10.9 bp −$11 | 14.5 bp −$145 | 33.0 bp −$3,304 | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.50 bp | 5.5 bp −$6 | 9.4 bp −$94 | 22.5 bp −$2,246 | 55.4 bp −$27.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DOGE-USD | 0.0000% | 1h | 0.09991 | −0.064% | $224K | $70K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09992 | −0.047% | $646K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1000 | +0.045% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSDlong | +0.0002% | 1h | 0.09997 | long leg | $5.6M | $39.6M | 50x | |
| Polymarket Perps DOGE-USD | +0.0016% | 1h | 0.09994 | −0.033% | $264K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | +0.046% | $742K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | +0.064% | $542K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09996 | −0.009% | $4.5M | $56.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09993 | −0.045% | $320K | $516K | 20x | as long as short |
| Binance DOGEUSDTshort | +0.0100% | 8h | 0.09996 | −0.011% | $325.3M | $1.66B | 75x |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09989 | −0.081% | $162.8M | $512.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09991 | −0.061% | $114.8M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1000 | +0.033% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1000 | +0.029% | $246.6M | $149.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1000 | +0.059% | $114.5M | $250.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1001 | +0.079% | $66.5M | $49.2M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09997 | −0.001% | $132.0M | $325.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09990 | −0.071% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09972 | −0.251% | $309K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1000 | +0.057% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09997 | −0.001% | $312K | $137.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.102% | $633K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | +0.029% | $148K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09999 | +0.019% | $65K | $464K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09997 | −0.002% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | +0.070% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09998 | +0.009% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09995 | −0.022% | $5.9M | $67.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09997 | −0.001% | $92.0M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09993 | −0.041% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09994 | −0.033% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.10000 | +0.024% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0114% | 8h | 0.09995 | −0.021% | $1K | $517K | 10x | as long as short |
| Hyperliquid DOGE | +0.0114% | 1h | 0.1001 | +0.129% | $124.9M | $114.1M | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.1000 | +0.073% | $445 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0180% | 1h | 0.1000 | +0.078% | $568K | $248K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0194% | 1h | 0.09998 | +0.007% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09969 | −0.281% | $16.0M | $26.8M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.1001 | +0.149% | $108K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09981 | −0.159% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0252% / S −0.0288% | 1h | 0.1000 | +0.054% | $323K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09996 | −0.011% | $2.0M | $33.9M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.1001 | +0.097% | $403K | $439K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.331% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
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
Hyperliquid DOGE
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP