Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h −0.027%
Price spread now: Derive against Kraken Futures−0.090%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Derive is 0.090% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 45 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOGEUSD | 0.09954 | −0.0060 | get 0.0008% / 1h | 52m 03s | $5.6M | $40.5M | 50x |
| Short | Derive DOGE-PERP | 0.09945 | 0.0100 | get 0.0013% / 1h | 52m 03s | $19K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- $33.63
- Price spread: −0.090% → 0.000%
- −$8.99
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $8.64
- Costs to cover
- 0.160%
- Break-even
- 5.2 days
Slippage unknown: Kraken Futures: live order book, 2 min ago; Derive: no order-book sample. Net counts fees only.
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, 2 min ago | 0.50 bp | 8.3 bp −$8 | 13.7 bp −$137 | 33.4 bp −$3,343 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSDlong | −0.0060% | 1h | 0.09954 | long leg | $5.6M | $40.5M | 50x | |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09943 | −0.106% | $223K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09950 | −0.037% | $609K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09942 | −0.120% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0030% | 8h | 0.09953 | −0.006% | $141.1M | $344.9M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.791% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0044% | 1h | 0.09942 | −0.117% | $259K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09960 | +0.068% | $840K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09940 | −0.137% | $536K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09963 | +0.096% | $124.0M | $117.1M | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09954 | +0.006% | $4.5M | $58.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09941 | −0.127% | $317K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09958 | +0.041% | $328.9M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09956 | +0.024% | $164.1M | $522.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09957 | +0.034% | $115.9M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09941 | −0.127% | $17K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09979 | +0.257% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09952 | −0.016% | $249.3M | $155.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09958 | +0.044% | $111.8M | $257.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09956 | +0.024% | $66.4M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09965 | +0.115% | — | $53.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09959 | +0.054% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09950 | −0.040% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09979 | +0.251% | $304K | $139.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09970 | +0.165% | $628K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | +0.165% | $145K | $341K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09944 | −0.096% | $70K | $470K | 50x | as long as short |
| Derive DOGE-PERPshort | +0.0100% | 1h | 0.09945 | −0.090% | $19K | $7K | 10x | |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09956 | +0.023% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09952 | −0.016% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09943 | −0.107% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09958 | +0.044% | $91.2M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09936 | −0.179% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09947 | −0.062% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09949 | −0.049% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09944 | −0.096% | $831 | $537K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09959 | +0.058% | $18K | $382K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0162% | 1h | 0.09952 | −0.015% | $571K | $252K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0199% | 1h | 0.09942 | −0.119% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09949 | −0.046% | $1.9M | $34.6M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09943 | −0.106% | $15.5M | $26.9M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09941 | −0.131% | $313K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0288% | 1h | 0.09953 | −0.008% | $443 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09949 | −0.045% | $400K | $458K | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Derive DOGE-PERP
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
Lighter DOGE
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
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
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Katana Perps DOGE-USD
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC