Funding you earn now, next payment 07:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.188%
Price spread now: Injective against Kraken Futures+5.376%63s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs+$61as 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−$870.872% of the position
Funding, last 7 days+1.483%+$148 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Injective is 5.376% dearer against Kraken Futures than usual: you sell high and buy low: +$538 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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 | Kraken Futures PF_DOGEUSD | 0.09993 | −0.0083 | get 0.0010% / 1h | 13m 27s | $5.7M | $40.6M | 50x |
| Short | Injective DOGE/USDC PERP | 0.1053 | 0.0033 | get 0.0004% / 1h | 13m 27s | $6K | $242K | 12x |
Kraken Futures PF_DOGEUSD
Injective DOGE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $24.33
- Price spread: +5.376% → 0.000%
- $537.61
- Slippage, 4 orders
- −$77.17
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $474.75
- Costs to cover
- 0.872%
- Break-even
- from the start
Slippage from Kraken Futures: live order book, 6 min ago; Injective: live order book, 51 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 | 1.50 bp | 8.1 bp −$8 | 14.0 bp −$140 | 33.6 bp −$3,363 | doesn't fit |
| Sell Injective live order book, 51 min ago | 34.98 bp | 35.0 bp −$35 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSDlong | −0.0083% | 1h | 0.09993 | long leg | $5.7M | $40.6M | 50x | |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09993 | +0.002% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | +0.162% | $612K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09996 | +0.033% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERPshort | +0.0033% | 1h | 0.1053 | +5.376% | $6K | $242K | 12x | |
| Bitget DOGEUSDT | +0.0047% | 8h | 0.09983 | −0.098% | $141.7M | $344.2M | 75x | as long as short |
| Polymarket Perps DOGE-USD | +0.0049% | 1h | 0.09986 | −0.067% | $263K | $1.2M | 10x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.1002 | +0.317% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | +0.083% | $848K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09988 | −0.053% | $539K | $1.1M | 10x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Polymarket Perps DOGE-USD
Phoenix DOGE
Lighter DOGE
Nado DOGE-PERPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09993 | +0.004% | $4.6M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09993 | +0.001% | $319K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09995 | +0.022% | $329.4M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09990 | −0.028% | $164.7M | $521.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09992 | −0.008% | $117.2M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | +0.349% | $385K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09991 | −0.018% | $249.7M | $157.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09994 | +0.012% | $111.9M | $258.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09992 | −0.008% | $66.7M | $50.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09991 | −0.018% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09995 | +0.022% | $303K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | +0.160% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1001 | +0.140% | $304K | $140.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1000 | +0.102% | $631K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.172% | $148K | $340K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09992 | −0.008% | $70K | $476K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1000 | +0.106% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09994 | +0.012% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09993 | +0.003% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09994 | +0.012% | $91.6M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09991 | −0.013% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09989 | −0.036% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09990 | −0.030% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0108% | 8h | 0.09996 | +0.032% | $835 | $535K | 10x | as long as short |
| Hyperliquid DOGE | +0.0136% | 1h | 0.1000 | +0.079% | $124.3M | $116.6M | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0191% | 1h | 0.09993 | +0.002% | $573K | $253K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0198% | 1h | 0.09988 | −0.046% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | +0.172% | $16.2M | $27.1M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1000 | +0.072% | $1.9M | $34.7M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09992 | −0.006% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0272% | 1h | 0.1000 | +0.082% | $445 | $4K | 10x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09993 | +0.002% | $18K | $307K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.1000 | +0.077% | $402K | $458K | 10x | as long as short |
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-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
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
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Arcus DOGE-USD
RISEx DOGE/USDC