Funding you earn now, next payment 11:00 UTC+0.0141%/8h= +15.4% APRpaid last 24h −0.036%
Price spread now: Kalshi against Kraken Futures+0.050%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.050%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kalshi is 0.096% dearer against Kraken Futures than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.046%. Mind the row above: over the last 7 days funding on this pair cost −0.227%, 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 | 0.09764 | −0.0141 | get 0.0018% / 1h | 26m 58s | $5.2M | $38.8M | 50x |
| Short | Kalshi KXDOGEPERP | 0.09769 | 0 | get 0.0000% / 8h | 1h 26m | $502K | $6.2M | 2.8x |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- $29.52
- Price spread: +0.050% → −0.046%
- $9.59
- Slippage, 4 orders
- −$22.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$3.67
- Costs to cover
- 0.428%
- Break-even
- 7.9 days
Slippage from Kraken Futures: live order book, 5 min ago; Kalshi: live order book, 5 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, 5 min ago | 1.53 bp | 9.8 bp −$10 | 13.2 bp −$132 | 33.6 bp −$3,360 | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 3.53 bp | 11.3 bp −$11 | 18.2 bp −$182 | doesn't fit | doesn't fit |
DOGE on 43 exchanges
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 | −0.0141% | 1h | 0.09764 | long leg | $5.2M | $38.8M | 50x | |
| Bitget DOGEUSDT | −0.0047% | 8h | 0.09756 | −0.085% | $137.7M | $295.1M | 75x | as long as short |
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.09769 | +0.050% | $502K | $6.2M | 2.8x | |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09766 | +0.015% | $546K | $291K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09774 | +0.099% | $32K | — | 150x | as long as short |
| Bybit DOGEUSDT | +0.0018% | 8h | 0.09761 | −0.034% | $164.1M | $492.4M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +7.841% | $6K | $240K | 12x | as long as short |
| 01 Exchange DOGEUSD | +0.0040% | 1h | 0.09770 | +0.062% | $450 | $4K | 10x | as long as short |
| Gate DOGE_USDT | +0.0042% | 8h | 0.09762 | −0.024% | $249.6M | $145.9M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09774 | +0.100% | $18K | $311K | 10x | as long as short |
Bitget DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Bybit DOGEUSDT
Injective DOGE/USDC PERP
01 Exchange DOGEUSD
Gate DOGE_USDT
Phoenix DOGEShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOGE | +0.0096% | 1h | 0.09771 | +0.073% | $807K | $6.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09765 | +0.007% | $2K | $539K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09761 | −0.029% | $18K | $5K | 30x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09765 | +0.007% | $503K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09774 | +0.097% | $121.0M | $107.9M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09766 | +0.017% | $4.9M | $57.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09770 | +0.056% | $310K | $441K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09766 | +0.018% | $322.6M | $1.60B | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09766 | +0.017% | $116.6M | $1.09B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09772 | +0.078% | $15K | $308K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09763 | −0.014% | $109.4M | $250.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09766 | +0.017% | $63.7M | $44.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09761 | −0.034% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09765 | +0.007% | $302K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09762 | −0.022% | $1.3M | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09772 | +0.083% | $257K | $126.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09770 | +0.058% | $626K | $3.9M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09780 | +0.160% | $137K | $344K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09763 | −0.013% | $225K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09763 | −0.014% | $67K | $421K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09771 | +0.063% | $34K | $1.9M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09766 | +0.017% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09771 | +0.072% | $5.9M | $64.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09767 | +0.027% | $89.1M | $15.5M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09815 | +0.519% | $375K | $2K | 10x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09758 | −0.063% | $478K | $3.4M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09763 | −0.013% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0181% | 1h | 0.09767 | +0.030% | $229K | $75K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0207% | 1h | 0.09761 | −0.038% | $2K | — | 20x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0210% / S −0.0184% | 1h | 0.09763 | −0.012% | $283K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09768 | +0.037% | $15.4M | $25.5M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0264% | 1h | 0.09771 | +0.068% | $2.3M | $32.7M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0587% | 1h | 0.09772 | +0.078% | $405K | $391K | 10x | as long as short |
Lighter DOGE
Katana Perps DOGE-USD
Paradex DOGE-USD-PERP
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Bulk DOGE-USD
Extended DOGE-USD
Aevo DOGE-PERP
dYdX DOGE-USD
Reya DOGERUSDPERP
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC