Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.030%
Price spread now: MEXC against Kraken Futures+0.218%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2as in the Price arb table
costs, in and out, $10k−$210.209% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.218%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.230% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, 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 | 0.09844 | 0.0002 | pay 0.0000% / 1h | 26m 36s | $5.6M | $39.8M | 50x |
| Short | MEXC DOGE_USDT | 0.09865 | 0.0100 | get 0.0100% / 8h | 2h 26m | $107.8M | $253.7M | 300x |
Kraken Futures PF_DOGEUSD
MEXC DOGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $20.51
- Price spread: +0.218% → −0.012%
- $23.02
- Slippage, 4 orders
- −$10.92
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $22.61
- Costs to cover
- 0.209%
- Break-even
- from the start
Slippage from Kraken Futures: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 1.01 bp | 9.7 bp −$10 | 12.4 bp −$124 | 35.5 bp −$3,548 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.51 bp | 0.5 bp −$1 | 1.7 bp −$17 | 9.3 bp −$934 | 33.8 bp −$16.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09863 | +0.195% | $594K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09850 | +0.069% | $33K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSDlong | +0.0002% | 1h | 0.09844 | long leg | $5.6M | $39.8M | 50x | |
| Polymarket Perps DOGE-USD | +0.0028% | 1h | 0.09860 | +0.170% | $266K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0041% | 1h | 0.09860 | +0.168% | $221K | $70K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09869 | +0.260% | $842K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09864 | +0.213% | $534K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09863 | +0.200% | $4.4M | $57.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09864 | +0.211% | $316K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09864 | +0.211% | $322.1M | $1.68B | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09859 | +0.157% | $161.9M | $516.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09864 | +0.208% | $114.3M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09900 | +0.574% | $380K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09867 | +0.239% | $243.8M | $152.2M | 75x | as long as short |
| MEXC DOGE_USDTshort | +0.0100% | 8h | 0.09865 | +0.218% | $107.8M | $253.7M | 300x | |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09865 | +0.218% | $65.3M | $49.5M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09862 | +0.188% | $132.5M | $333.5M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09860 | +0.167% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09855 | +0.117% | $294K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09877 | +0.340% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09891 | +0.479% | $304K | $138.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09890 | +0.472% | $628K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | +0.472% | $147K | $340K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09844 | +0.005% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09843 | −0.003% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09862 | +0.188% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09846 | +0.025% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09849 | +0.052% | $5.8M | $67.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09848 | +0.046% | $90.6M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09865 | +0.223% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09864 | +0.205% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09846 | +0.020% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0105% | 1h | 0.09870 | +0.273% | $122.8M | $115.1M | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0112% | 8h | 0.09862 | +0.188% | $824 | $524K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0167% | 1h | 0.09848 | +0.045% | $559K | $247K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09875 | +0.323% | $439 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0195% | 1h | 0.09868 | +0.253% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09854 | +0.107% | $15.9M | $26.6M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09878 | +0.350% | $107K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09885 | +0.422% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0286% | 1h | 0.09853 | +0.091% | $315K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09843 | −0.005% | $1.9M | $33.7M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09871 | +0.284% | $398K | $443K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +6.974% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Hyperliquid DOGE
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP