Funding you earn now, next payment 00:00 UTC−0.0366%/8h= −40.1% APRnext payment −$3.66 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Katana Perps−0.169%7-day average −0.026% · 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)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.169%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.143% cheaper against Katana Perps than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.020% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.66 per $10,000. 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 | Katana Perps DOGE-USD | 0.1009 | 0.0096 | pay 0.0096% / 8h | 1h 37m | $2K | $362K | 10x |
| Short | Bitget DOGEUSDT | 0.1007 | −0.0270 | pay 0.0270% / 8h | 1h 37m | $154.0M | $264.6M | 75x |
Katana Perps DOGE-USD
Bitget DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Katana Perps. 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
- −$76.94
- Price spread: −0.169% → −0.026%
- −$14.3
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$107.04
- Costs to cover
- 0.158%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; Bitget: live order book, 2 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 0.99 bp | 8.0 bp −$8 | 9.9 bp −$99 | 18.9 bp −$1,895 | 45.1 bp −$22.6K |
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 DOGEUSDTshort | −0.0270% | 8h | 0.1007 | −0.169% | $154.0M | $264.6M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1014 | +0.494% | $429K | $4.6M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1008 | −0.085% | $610K | $105K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1007 | −0.133% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1009 | +0.066% | $227K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1017 | +0.812% | $16K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0088% | 8h | 0.1007 | −0.119% | $242.1M | $122.5M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1009 | +0.081% | $789K | $5.3M | 15x | as long as short |
| Katana Perps DOGE-USDlong | +0.0096% | 8h | 0.1009 | long leg | $2K | $362K | 10x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1007 | −0.114% | $706K | $782K | 10x | as long as short |
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
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 | 0.1008 | −0.059% | $5.2M | $42.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1009 | +0.089% | $338K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1008 | −0.069% | $324.4M | $1.31B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1007 | −0.129% | $163.1M | $411.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1008 | −0.089% | $109.7M | $926.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1010 | +0.109% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1017 | +0.854% | $390K | $17K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1008 | −0.089% | $111.9M | $215.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1008 | −0.109% | $65.8M | $39.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1007 | −0.139% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1017 | +0.846% | $954K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1016 | +0.690% | $278K | $114.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1014 | +0.554% | $645K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1014 | +0.535% | $149K | $241K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1007 | −0.149% | $272K | $535K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1008 | −0.099% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1008 | −0.106% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1008 | −0.026% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1008 | −0.079% | $2K | $3.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1008 | −0.098% | $6.1M | $49.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1008 | −0.109% | $93.3M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1008 | −0.017% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1008 | −0.102% | $559K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1008 | −0.102% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0176% | 1h | 0.1007 | −0.153% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1009 | +0.060% | $533 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1008 | −0.099% | $2.0M | $23.4M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1013 | +0.407% | $15.2M | $25.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0271% | 1h | 0.1008 | −0.081% | $316K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0362% | 1h | 0.1007 | −0.141% | $6.0M | $32.4M | 50x | as long as short |
| Hyperliquid DOGE | +0.0419% | 1h | 0.1009 | 0.000% | $111.3M | $81.9M | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0437% | 1h | 0.1013 | +0.387% | $542K | $940K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1009 | +0.089% | $316K | $477K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1018 | +0.932% | $5K | $207K | 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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Injective DOGE/USDC PERP