Funding you earn now, next payment 22:00 UTC−0.0371%/8h= −40.6% APRpaid last 24h −0.105%
Price spread now: Katana Perps against Hyperliquid−0.044%7-day average −0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.141%−$14 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.044%, 7d avg −0.084%
=Together, before fees−0.201%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Katana Perps is 0.040% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.084%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 4 days (−0.141% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOGE | 0.09843 | 0.0466 | pay 0.0058% / 1h | 38m 24s | $109.6M | $78.1M | 10x |
| Short | Katana Perps DOGE-USD | 0.09839 | 0.0095 | get 0.0095% / 8h | 2h 38m | $1K | $334K | 10x |
Hyperliquid DOGE
Katana Perps DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Hyperliquid. 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
- −$77.89
- Price spread: −0.044% → −0.084%
- $4.01
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$86.68
- Costs to cover
- 0.128%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 5 min ago | 1.56 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0279% | 8h | 0.09826 | −0.176% | $151.1M | $259.8M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09819 | −0.246% | $354K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09823 | −0.209% | $614K | $88K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09835 | −0.089% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0059% | 1h | 0.09844 | +0.007% | $221K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0060% | 8h | 0.09829 | −0.145% | $233.7M | $118.9M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09899 | +0.566% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USDshort | +0.0095% | 8h | 0.09839 | −0.044% | $1K | $334K | 10x | |
| Lighter DOGE | +0.0096% | 1h | 0.09841 | −0.019% | $781K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09834 | −0.100% | $624K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGE
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 | 0.09836 | −0.072% | $4.9M | $40.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09846 | +0.022% | $335K | $505K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09836 | −0.074% | $314.6M | $1.26B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09832 | −0.115% | $156.1M | $397.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09838 | −0.054% | $107.0M | $879.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09845 | +0.017% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09919 | +0.768% | $380K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09835 | −0.084% | $119.5M | $214.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09833 | −0.105% | $64.7M | $39.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09835 | −0.084% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09888 | +0.450% | $934K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09898 | +0.559% | $263K | $111.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09895 | +0.523% | $629K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | +0.474% | $141K | $223K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09835 | −0.089% | $272K | $531K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09837 | −0.064% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09820 | −0.238% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09824 | −0.192% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09823 | −0.206% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09819 | −0.248% | $5.9M | $46.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09826 | −0.176% | $91.2M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09844 | +0.007% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09833 | −0.105% | $545K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09837 | −0.060% | $19K | — | 3x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0158% | 1h | 0.09829 | −0.145% | $520K | $906K | 15x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09834 | −0.098% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09841 | −0.020% | $520 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09821 | −0.227% | $15.1M | $23.5M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09824 | −0.196% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0242% / S −0.0263% | 1h | 0.09834 | −0.090% | $303K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0291% | 1h | 0.09822 | −0.217% | $6.1M | $31.5M | 50x | as long as short |
| Hyperliquid DOGElong | +0.0466% | 1h | 0.09843 | long leg | $109.6M | $78.1M | 10x | |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09848 | +0.046% | $310K | $469K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09930 | +0.881% | $5K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Backpack DOGE_USDC_PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Injective DOGE/USDC PERP