Funding arb · Price arb /

DOGE

all DOGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0152%/8h= +16.7% APRpaid last 24h −0.013%

Price spread now: KuCoin against Kraken Futures+0.006%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on Kraken Futures Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.006%, 7d avg −0.013%

Together, before fees−0.086%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.074%, 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	0.09852	−0.0052	get 0.0007% / 1h	16m 09s	$5.3M	$40.0M	50x
Short	KuCoin DOGEUSDTM	0.09853	0.0100	get 0.0100% / 8h	6h 16m	$65.4M	$47.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.006%Rate

Funding earned: $31.99
Price spread: +0.006% → −0.013%: $1.87
Slippage, 4 orders: −$15.9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$4.04
Costs to cover: 0.379%
Break-even: 7.9 days

Slippage from Kraken Futures: live order book, 1 min ago; KuCoin: live order book, 6 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, 1 min ago	1.52 bp	9.0 bp −$9	12.6 bp −$126	27.3 bp −$2,733	doesn't fit
Sell KuCoin live order book, 6 min ago	1.52 bp	10.3 bp −$10	18.0 bp −$180	43.4 bp −$4,342	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	−0.0052%	1h	0.09852	long leg	$5.3M	$40.0M	50x
Bitget DOGEUSDT	−0.0037%	8h	0.09844	−0.086%	$139.4M	$345.7M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09849	−0.035%	$492K	$6.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.09850	−0.022%	$33K	—	150x	as long as short
Gate DOGE_USDT	+0.0010%	8h	0.09847	−0.055%	$252.8M	$148.7M	75x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.877%	$6K	$240K	12x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0034%	1h	0.09852	−0.010%	$551K	$297K	25x	as long as short
Bybit DOGEUSDT	+0.0039%	8h	0.09844	−0.086%	$166.0M	$507.5M	75x	as long as short
Lighter DOGE	+0.0096%	1h	0.09860	+0.073%	$815K	$6.5M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09851	−0.015%	$943	$539K	10x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado DOGE-PERP	+0.0100%	1h	0.09851	−0.015%	$506K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09858	+0.058%	$122.3M	$111.4M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09850	−0.027%	$4.9M	$57.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09853	0.000%	$315K	$467K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09850	−0.024%	$325.3M	$1.64B	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09850	−0.025%	$116.0M	$1.13B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09857	+0.046%	$17K	$307K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09841	−0.121%	$376K	$2K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09851	−0.015%	$111.8M	$257.1M	300x	as long as short
KuCoin DOGEUSDTMshort	+0.0100%	8h	0.09853	+0.006%	$65.4M	$47.4M	75x
BingX DOGE-USDT	+0.0100%	8h	0.09850	−0.025%	—	$47.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09851	−0.015%	$312K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09845	−0.071%	$1.2M	$7.9M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09841	−0.118%	$257K	$133.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09843	−0.100%	$628K	$4.0M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09860	+0.077%	$139K	$346K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09849	−0.040%	$246K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09849	−0.035%	$68K	$422K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09857	+0.045%	$34K	$2.0M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09851	−0.015%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09857	+0.045%	$6.0M	$66.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09852	−0.005%	$89.8M	$15.7M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09853	+0.003%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09843	−0.101%	$482K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09848	−0.049%	$19K	—	3x	as long as short
Phoenix DOGE	+0.0161%	1h	0.09854	+0.014%	$18K	$355K	10x	as long as short
01 Exchange DOGEUSD	+0.0176%	1h	0.09857	+0.044%	$454	$4K	10x	as long as short
Reya DOGERUSDPERP	+0.0205%	1h	0.09849	−0.032%	$2K	—	20x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0211% / S −0.0184%	1h	0.09849	−0.036%	$286K	—	200x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09843	−0.096%	$15.4M	$25.8M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.09858	+0.056%	$2.2M	$34.4M	50x	as long as short
dYdX DOGE-USD	+0.0304%	1h	0.09847	−0.057%	$231K	$67K	10x	as long as short
RISEx DOGE/USDC	+0.0565%	1h	0.09859	+0.066%	$409K	$448K	10x	as long as short