Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Katana Perps+0.120%46s7-day average −0.002% · you sell dearer than you buy
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)+0.016%+$2 · spread now +0.120%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.122% dearer against Katana Perps than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps DOGE-USD | 0.09963 | 0.0099 | pay 0.0099% / 8h | 5h 38m | $900 | $436K | 10x |
| Short | Bybit DOGEUSDT | 0.09975 | 0.0100 | get 0.0100% / 8h | 5h 38m | $160.5M | $440.5M | 75x |
Katana Perps DOGE-USD
Bybit DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0.13
- Price spread: +0.120% → −0.002%
- $12.25
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$2.42
- Costs to cover
- 0.148%
- Break-even
- 139.4 days
Slippage unknown: Katana Perps: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 0.50 bp | 7.9 bp −$8 | 13.4 bp −$134 | 28.8 bp −$2,881 | 50.2 bp −$25.1K |
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 | −0.0093% | 8h | 0.09950 | −0.130% | $150.7M | $273.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09965 | +0.020% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09973 | +0.096% | $443K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09953 | −0.103% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0021% | 1h | 0.09953 | −0.098% | $595K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09959 | −0.041% | $802K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USDlong | +0.0099% | 8h | 0.09963 | long leg | $900 | $436K | 10x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09966 | +0.030% | $531K | $991K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09961 | −0.019% | $4.7M | $48.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09973 | +0.102% | $328K | $483K | 20x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09963 | 0.000% | $319.3M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDTshort | +0.0100% | 8h | 0.09975 | +0.120% | $160.5M | $440.5M | 75x | |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09979 | +0.161% | $111.3M | $987.3M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09995 | +0.319% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09955 | −0.080% | $242.8M | $132.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09962 | −0.010% | $112.7M | $230.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09957 | −0.060% | $65.9M | $43.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09966 | +0.030% | — | $76.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09954 | −0.090% | $328K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09971 | +0.076% | $997K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09974 | +0.109% | $297K | $129.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.467% | $629K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.472% | $146K | $277K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09960 | −0.030% | $255K | $731K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09953 | −0.100% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09951 | −0.116% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09955 | −0.082% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09952 | −0.110% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09951 | −0.119% | $5.9M | $56.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09955 | −0.080% | $91.7M | $16.7M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.09968 | +0.048% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09956 | −0.073% | $541K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09953 | −0.100% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09962 | −0.008% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09970 | +0.071% | $531 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09951 | −0.120% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09990 | +0.268% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09952 | −0.106% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09963 | 0.000% | $2.3M | $26.0M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09950 | −0.132% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0440% | 1h | 0.09968 | +0.052% | $121.7M | $99.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09972 | +0.090% | $401K | $368K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09978 | +0.151% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1002 | +0.572% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
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
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP