Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0109%/8h= +11.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.031%
Price spread now: Katana Perps against Bitget+0.172%49s7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.172%, 7d avg +0.027%
Together, before fees−0.129%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Katana Perps is 0.145% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DOGEUSDT0.09871−0.0003get 0.0003% / 8h1m 53s$140.0M$347.9M75x
ShortKatana Perps DOGE-USD0.098880.0106get 0.0106% / 8h1m 53s$1K$543K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Bitget. 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

Funding earned
$22.82
Price spread: +0.172% → +0.027%
$14.51
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$21.53
Costs to cover
0.158%
Break-even
0.4 days
Slippage unknown: Bitget: live order book, 2 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago0.51 bp8.1 bp −$810.5 bp −$10523.3 bp −$2,33072.8 bp −$36.4K
Sell Katana Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0061%1h0.09888+0.175%$5.5M$40.8M50xas long as short
Bitget DOGEUSDTlong−0.0003%8h0.09871long leg$140.0M$347.9M75x
Kalshi KXDOGEPERP0.0000%8h0.09891+0.203%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09883+0.117%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.676%$6K$242K12xas long as short
Polymarket Perps DOGE-USD+0.0034%1h0.09886+0.150%$257K$1.2M10xas long as short
dYdX DOGE-USD+0.0038%1h0.09891+0.199%$222K$63K10xas long as short
Lighter DOGE+0.0096%1h0.09894+0.237%$825K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09885+0.137%$535K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09887+0.159%$123.2M$117.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09883+0.124%$4.9M$59.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09892+0.210%$321K$507K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09882+0.108%$326.7M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09877+0.061%$163.3M$525.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09882+0.111%$114.7M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09890+0.192%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09910+0.395%$378K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09880+0.091%$249.1M$159.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09879+0.081%$116.3M$259.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09881+0.101%$66.2M$49.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09882+0.111%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09882+0.111%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09890+0.194%$1.0M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09904+0.338%$300K$139.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09904+0.336%$627K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910+0.395%$142K$346K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09886+0.152%$70K$478K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09879+0.085%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09892+0.213%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09887+0.162%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09887+0.163%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09886+0.152%$90.4M$16.7M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09889+0.183%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09873+0.017%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09887+0.162%$19K3xas long as short
Katana Perps DOGE-USDshort+0.0106%8h0.09888+0.172%$1K$543K10x
Phoenix DOGE+0.0160%1h0.09904+0.334%$18K$382K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0175%1h0.09890+0.192%$568K$263K25xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09883+0.122%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09896+0.253%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09893+0.223%$15.4M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09897+0.263%$440$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0377% / S −0.0750%1h0.09881+0.104%$615K200xas long as short
RISEx DOGE/USDC+0.0731%1h0.09896+0.258%$398K$455K10xas long as short