Funding you earn now, next payment 03:00 UTC+0.0206%/8h= +22.6% APRpaid last 24h +0.029%
Price spread now: Kraken Futures against Variational Omni−0.308%58s7-day average +0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.025%+$3 on $10k
+Price spread, last 3 days (all we have)+0.335%+$33 · spread now −0.308%, 7d avg +0.050%
=Together, before fees+0.360%+ Points / potential airdropVariational Omni: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.358% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.308% now, against its 7-day average of +0.050%). If the spread goes back, that is −$36 on $10k: about 5.8 days of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.025% in total) that is about 48 days. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.025% in total (about 2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni DOGE | 0.1002 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $998K | $8.2M | — |
| Short | Kraken Futures PF_DOGEUSD | 0.09994 | 0.0306 | get 0.0038% / 1h | 53m 27s | $5.8M | $34.7M | 50x |
Variational Omni DOGE
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Variational Omni. 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
- $43.25
- Price spread: −0.308% → +0.050%
- −$35.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$2.5
- Costs to cover
- 0.100%
- Break-even
- 7.4 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Kraken Futures: live order book, 6 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 1 min ago | 3.51 bp | doesn't fit | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 2.51 bp | 9.9 bp −$10 | 13.4 bp −$134 | 33.8 bp −$3,377 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0091% | 8h | 0.1000 | −0.228% | $151.4M | $273.3M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09978 | −0.472% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09993 | −0.320% | $394K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1001 | −0.172% | $24K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09988 | −0.366% | $812K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09986 | −0.387% | $1K | $432K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09985 | −0.392% | $532K | $988K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09985 | −0.395% | $4.7M | $48.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09981 | −0.435% | $328K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.148% | $320.2M | $1.43B | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.128% | $160.2M | $437.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | −0.098% | $111.5M | $985.3M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | −0.348% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.188% | $243.0M | $131.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1000 | −0.218% | $114.2M | $228.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09987 | −0.378% | $66.1M | $43.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09997 | −0.278% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09977 | −0.477% | $334K | $1.1M | 15x | as long as short |
| Variational Omni DOGElong | +0.0100% | 8h | 0.1002 | long leg | $998K | $8.2M | — | |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09991 | −0.340% | $296K | $128.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09953 | −0.716% | $625K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | −0.747% | $146K | $274K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09981 | −0.441% | $256K | $730K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | −0.108% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.114% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09976 | −0.483% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | −0.128% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09992 | −0.326% | $5.9M | $55.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09986 | −0.387% | $92.0M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09978 | −0.466% | $561K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | −0.129% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0105% | 8h | 0.09986 | −0.388% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0130% | 1h | 0.09993 | −0.317% | $597K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09990 | −0.346% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0232% | 1h | 0.09990 | −0.346% | $532 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09951 | −0.738% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.1001 | −0.175% | $311K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09995 | −0.298% | $2.3M | $25.9M | 50x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0306% | 1h | 0.09994 | −0.308% | $5.8M | $34.7M | 50x | |
| Hyperliquid DOGE | +0.0435% | 1h | 0.1000 | −0.238% | $121.7M | $99.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09992 | −0.328% | $402K | $367K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09998 | −0.268% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1004 | +0.151% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
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
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP