Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Kalshi against Pacifica−0.108%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.108%, 7d avg −0.043%
=Together, before fees−0.183%+ Points / potential airdropPacifica: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.064% cheaper against Pacifica than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica DOGE | 0.1011 | 0.0100 | pay 0.0013% / 1h | 25m 49s | $337K | $516K | 20x |
| Short | Kalshi KXDOGEPERP | 0.1010 | 0 | get 0.0000% / 8h | 3h 25m | $408K | $4.8M | 2.8x |
Pacifica DOGE
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Pacifica. 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
- −$21
- Price spread: −0.108% → −0.043%
- −$6.44
- Slippage, 4 orders
- −$24.65
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$70.09
- Costs to cover
- 0.427%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 48 min ago; Kalshi: 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 Pacifica live order book, 48 min ago | 2.52 bp | 7.0 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 7.93 bp | 13.0 bp −$13 | 20.7 bp −$207 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0238% | 8h | 0.1010 | −0.095% | $93.3M | $17.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0180% | 8h | 0.1009 | −0.263% | $153.2M | $270.9M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1011 | −0.053% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.1010 | −0.108% | $408K | $4.8M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1011 | −0.066% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0017% | 1h | 0.1011 | +0.013% | $227K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0086% | 1h | 0.1011 | −0.028% | $608K | $121K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1011 | +0.013% | $790K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1011 | −0.045% | $1K | $412K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1011 | −0.041% | $518K | $971K | 10x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1010 | −0.150% | $5.0M | $46.4M | 75x | as long as short |
| Pacifica DOGElong | +0.0100% | 1h | 0.1011 | long leg | $337K | $516K | 20x | |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1009 | −0.184% | $320.9M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1009 | −0.174% | $160.3M | $437.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1009 | −0.184% | $110.9M | $972.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1012 | +0.034% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1007 | −0.418% | $386K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1009 | −0.243% | $245.1M | $129.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1009 | −0.204% | $113.8M | $224.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1009 | −0.233% | $66.2M | $42.6M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1009 | −0.204% | — | $76.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1010 | −0.154% | $365K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | −0.077% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1009 | −0.218% | $265K | $123.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1011 | −0.045% | $634K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1009 | −0.223% | $149K | $268K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1010 | −0.105% | $276K | $620K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1011 | −0.055% | $73K | $424K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1011 | −0.066% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1011 | −0.041% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1011 | −0.055% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1011 | −0.037% | $6.0M | $52.7M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1012 | +0.037% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1009 | −0.255% | $532K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1011 | −0.061% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1010 | −0.096% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1011 | +0.007% | $534 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1008 | −0.342% | $15.5M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1011 | +0.004% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1010 | −0.108% | $66K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0263% | 1h | 0.1011 | −0.055% | $311K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1012 | +0.024% | $327K | $480K | 10x | as long as short |
| Hyperliquid DOGE | +0.0832% | 1h | 0.1011 | −0.065% | $123.0M | $94.8M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1011 | −0.026% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP