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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0918%/8h= −100.5% APRpaid last 24h −0.200%
Price spread now: Katana Perps against Injective−0.142%7-day average −0.205% · you buy dearer than you sell
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)−0.724%−$72 on $10k
Price spread, last 3 days (all we have)+0.227%+$23 · spread now −0.142%, 7d avg −0.205%
Together, before fees−0.497%−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Katana Perps is 0.063% dearer against Injective than usual: you sell high and buy low (spread −0.142% now, against its 7-day average of −0.205%): +$6 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DOGE/USDC PERP0.098600.1013pay 0.0127% / 1h28m 53s$5K$180K12x
ShortKatana Perps DOGE-USD0.098460.0095get 0.0095% / 8h2h 28m$823$337K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Injective. 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
−$192.72
Price spread: −0.142% → −0.205%
$6.3
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$190.24
Costs to cover
0.038%
Break-even
from the start
Slippage unknown: Injective: live order book, 60 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 Injective live order book, 60 min ago35.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0280%8h0.09855−0.051%$151.6M$260.1M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09853−0.075%$358K$4.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09846−0.142%$32K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0024%1h0.09862+0.017%$616K$103K25xas long as short
Gate DOGE_USDT+0.0065%8h0.09859−0.010%$234.6M$119.5M75xas long as short
Phoenix DOGE+0.0080%1h0.09864+0.037%$15K$225K10xas long as short
dYdX DOGE-USD+0.0088%1h0.09846−0.142%$221K$44K10xas long as short
Katana Perps DOGE-USDshort+0.0095%8h0.09846−0.142%$823$337K10x
Lighter DOGE+0.0096%1h0.09860+0.005%$782K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09848−0.122%$625K$694K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09864+0.042%$4.8M$40.4M75xas long as short
Pacifica DOGE+0.0100%1h0.09851−0.090%$333K$494K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09865+0.051%$313.0M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09859−0.010%$156.3M$396.8M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09866+0.061%$107.7M$882.8M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09856−0.041%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09838−0.223%$377K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09866+0.061%$117.5M$215.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09863+0.030%$64.7M$39.1M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09864+0.041%$73.3Mas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.091%$915K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09849−0.109%$262K$112.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09857−0.030%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09850−0.101%$140K$223K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09843−0.170%$270K$528K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09858−0.020%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09857−0.033%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09855−0.051%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09859−0.010%$2K$3.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09861+0.010%$5.9M$46.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09859−0.010%$91.5M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09849−0.107%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09861+0.009%$547K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09859−0.010%$19K3xas long as short
Reya DOGERUSDPERP+0.0174%1h0.09844−0.158%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09853−0.069%$520$4K10xas long as short
Backpack DOGE_USDC_PERP+0.0213%1h0.09866+0.061%$521K$930K15xas long as short
BloFin DOGE-USDT+0.0220%8h0.09859−0.010%$15.1M$23.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09853−0.071%$2.0M$22.1M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09845−0.152%$303K200xas long as short
Kraken Futures PF_DOGEUSD+0.0290%1h0.09858−0.017%$5.9M$31.7M50xas long as short
Hyperliquid DOGE+0.0426%1h0.09874+0.141%$109.2M$78.8M10xas long as short
RISEx DOGE/USDC+0.0536%1h0.09858−0.020%$309K$472K10xas long as short
Injective DOGE/USDC PERPlong+0.1013%1h0.09860long leg$5K$180K12x