Funding arb · Price arb /

DOGE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h −0.001%

Price spread now: Katana Perps against Aevo+0.465%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Katana Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Katana Perps is 0.465% dearer against Aevo than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DOGE-PERP	0.1045	0.0104	pay 0.0013% / 1h	55m 22s	$20K	—	3x
Short	Katana Perps DOGE-USD	0.1050	0.0128	get 0.0128% / 8h	3h 55m	$882	$477K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps against Aevo. 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 AevobpFee Katana PerpsbpOrdersPrice spread, now +0.465%Rate

Funding earned: $5.13
Price spread: +0.465% → 0.000%: $46.51
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: $31.84
Costs to cover: 0.198%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Katana Perps: no order-book sample. 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 Aevo no order-book sample	—	—	—	—	—
Sell Katana Perps no order-book sample	—	—	—	—	—

Aevo and Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget DOGEUSDT	−0.0015%	8h	0.1047	+0.216%	$142.9M	$304.2M	75x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1049	+0.376%	$235K	$59K	10x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1050	+0.497%	$25K	—	150x	as long as short
Lighter DOGE	+0.0096%	1h	0.1052	+0.656%	$771K	$6.3M	15x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1048	+0.259%	$567K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1051	+0.570%	$4.9M	$52.0M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1051	+0.608%	$346K	$491K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1049	+0.405%	$346.4M	$1.54B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1051	+0.599%	$174.0M	$473.6M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1048	+0.322%	$117.9M	$1.12B	50x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk DOGE-USD	+0.0100%	1h	0.1005	−3.842%	$386K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1048	+0.331%	$257.6M	$138.9M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1047	+0.178%	$117.9M	$237.9M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1047	+0.197%	$69.5M	$44.9M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1051	+0.532%	—	$78.1M	—	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1049	+0.433%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1027	−1.730%	$312K	$133.1M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1028	−1.581%	$651K	$4.5M	10x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1047	+0.216%	$268K	$883K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1049	+0.369%	$74K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1049	+0.386%	$26K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1050	+0.468%	$37K	$2.2M	30x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1057	+1.118%	$6.3M	$60.9M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1053	+0.790%	$96.8M	$17.0M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0103%	8h	0.1046	+0.147%	$19K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1049	+0.342%	$512K	$4.1M	50x	as long as short
Aevo DOGE-PERPlong	+0.0104%	1h	0.1045	long leg	$20K	—	3x
Katana Perps DOGE-USDshort	+0.0128%	8h	0.1050	+0.465%	$882	$477K	10x
ApeX Omni DOGEUSDT	+0.0174%	1h	0.1027	−1.717%	$149K	$293K	25x	as long as short
Reya DOGERUSDPERP	+0.0191%	1h	0.1048	+0.280%	$2K	—	20x	as long as short
Kalshi KXDOGEPERP	+0.0200%	8h	0.1050	+0.510%	$633K	$5.8M	2.8x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1029	−1.545%	$16.3M	$26.4M	75x	as long as short
Backpack DOGE_USDC_PERP	+0.0221%	1h	0.1052	+0.637%	$342K	$1.2M	15x	as long as short
Kraken Futures PF_DOGEUSD	+0.0238%	1h	0.1055	+0.958%	$6.1M	$36.4M	50x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1022	−2.174%	$66K	$292K	10x	as long as short
01 Exchange DOGEUSD	+0.0248%	1h	0.1049	+0.371%	$466	$4K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0260% / S −0.0317%	1h	0.1049	+0.379%	$343K	—	200x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0304%	1h	0.1055	+0.915%	$2.1M	$30.2M	50x	as long as short
SoDEX DOGE-USD	+0.0395%	1h	0.1052	+0.695%	$21K	$4.4M	10x	as long as short
Arcus DOGE-USD	+0.0634%	1h	0.1049	+0.379%	$114K	$199K	10x	as long as short
Hyperliquid DOGE	+0.0651%	1h	0.1048	+0.341%	$128.8M	$105.3M	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0675%	1h	0.1049	+0.433%	$617K	$137K	25x	as long as short
RISEx DOGE/USDC	+0.0728%	1h	0.1049	+0.426%	$424K	$426K	10x	as long as short
Injective DOGE/USDC PERP	+0.1062%	1h	0.1053	+0.771%	$6K	$242K	12x	as long as short