DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.041%

Price spread now: dYdX against Kraken Futures+0.107%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$760.759% of the position

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 3 days (all we have)−0.136%−$14 · spread now +0.107%, 7d avg −0.024%

Together, before fees−0.234%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.131% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of −0.024%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_DOGEUSD	0.1007	0.0104	pay 0.0013% / 1h	38m 28s	$6.0M	$33.2M	50x
Short	dYdX DOGE-USD	0.1008	0.0071	get 0.0009% / 1h	38m 28s	$226K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee dYdXbpOrdersPrice spread, now +0.107%Rate

Funding earned: −$6.95
Price spread: +0.107% → −0.024%: $13.05
Slippage, 4 orders: −$55.94
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$69.83
Costs to cover: 0.759%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 6 min ago; dYdX: live order book, 41 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	0.49 bp	11.8 bp −$12	15.2 bp −$152	31.4 bp −$3,136	doesn't fit
Sell dYdX live order book, 41 min ago	21.87 bp	26.9 bp −$27	78.2 bp −$782	96.9 bp −$9,689	106.9 bp −$53.4K

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	−0.0241%	8h	0.1007	+0.030%	$153.4M	$268.5M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1007	+0.020%	$418K	$4.7M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1007	−0.002%	$24K	—	150x	as long as short
dYdX DOGE-USDshort	+0.0071%	1h	0.1008	+0.107%	$226K	$44K	10x
Gate DOGE_USDT	+0.0079%	8h	0.1008	+0.069%	$243.0M	$126.5M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.1009	+0.151%	$807K	$5.5M	15x	as long as short
Katana Perps DOGE-USD	+0.0097%	8h	0.1008	+0.119%	$974	$389K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1009	+0.203%	$602K	$899K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1008	+0.126%	$5.0M	$45.4M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1008	+0.124%	$336K	$509K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1009	+0.217%	$321.6M	$1.36B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1009	+0.198%	$159.0M	$429.9M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1009	+0.198%	$109.7M	$952.2M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.1009	+0.189%	$31K	$80K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1008	+0.089%	$386K	$12K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1008	+0.139%	$112.6M	$220.3M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1008	+0.099%	$66.3M	$41.8M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1008	+0.109%	—	$75.6M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1011	+0.350%	$1.0M	$8.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1011	+0.368%	$277K	$118.4M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1011	+0.387%	$637K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1011	+0.387%	$149K	$250K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1009	+0.169%	$260K	$558K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1007	0.000%	$73K	$433K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1007	−0.005%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1008	+0.077%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1007	0.000%	$2K	$3.6M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1008	+0.119%	$6.1M	$51.5M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1007	0.000%	$93.1M	$19.2M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1008	+0.137%	$18K	$5K	30x	as long as short
Kraken Futures PF_DOGEUSDlong	+0.0104%	1h	0.1007	long leg	$6.0M	$33.2M	50x
Extended DOGE-USD	+0.0104%	1h	0.1008	+0.082%	$545K	$3.7M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1007	+0.019%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0107%	1h	0.1007	+0.033%	$608K	$115K	25x	as long as short
Reya DOGERUSDPERP	+0.0179%	1h	0.1008	+0.096%	$2K	—	20x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1007	−0.030%	$15.5M	$25.4M	75x	as long as short
Phoenix DOGE	+0.0239%	1h	0.1009	+0.199%	$67K	$281K	10x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1008	+0.049%	$2.0M	$24.3M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0246% / S −0.0271%	1h	0.1007	+0.002%	$316K	—	200x	as long as short
01 Exchange DOGEUSD	+0.0248%	1h	0.1009	+0.192%	$533	$4K	10x	as long as short
Backpack DOGE_USDC_PERP	+0.0431%	1h	0.1008	+0.099%	$539K	$965K	15x	as long as short
RISEx DOGE/USDC	+0.0708%	1h	0.1009	+0.198%	$316K	$475K	10x	as long as short
Hyperliquid DOGE	+0.0941%	1h	0.1010	+0.288%	$118.2M	$88.5M	10x	as long as short
Injective DOGE/USDC PERP	+0.1039%	1h	0.1011	+0.387%	$5K	$239K	12x	as long as short