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−0.0011%/8h= −1.2% APRpaid last 24h 0.000%
Price spread now: edgeX against Katana Perps−0.236%7-day average −0.002% · 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)+0.035%+$4 on $10k
Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.236%, 7d avg −0.002%
Together, before fees+0.233%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and edgeX is 0.234% cheaper against Katana Perps than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.099370.0111pay 0.0111% / 8h2h 13m$890$527K10x
ShortedgeX DOGEUSDC0.099140.0100get 0.0050% / 4h2h 13m$312K$139.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.3
Price spread: −0.236% → −0.002%
−$23.42
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$38.52
Costs to cover
0.128%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; edgeX: live order book, 1 min ago. 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 Katana Perps no order-book sample
Sell edgeX live order book, 1 min ago1.01 bp5.5 bp −$65.9 bp −$5912.9 bp −$1,294doesn't fit
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
Kalshi KXDOGEPERP0.0000%8h0.09939+0.020%$596K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09931−0.065%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09934−0.031%$5.6M$40.0M50xas long as short
dYdX DOGE-USD+0.0029%1h0.09930−0.072%$223K$70K10xas long as short
Polymarket Perps DOGE-USD+0.0039%1h0.09933−0.038%$268K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09944+0.070%$848K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09942+0.050%$539K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09941+0.040%$4.4M$57.3M75xas long as short
Pacifica DOGE+0.0100%1h0.09936−0.013%$318K$514K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09941+0.040%$325.3M$1.69B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09939+0.020%$163.5M$517.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09943+0.060%$116.2M$1.18B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09881−0.567%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09938+0.010%$247.5M$153.9M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09941+0.040%$111.6M$256.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09935−0.020%$66.1M$49.8M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09928−0.091%$142.2M$341.8M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09936−0.010%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09942+0.050%$314K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09907−0.303%$1.1M$8.7Mas long as short
edgeX DOGEUSDCshort+0.0100%4h0.09914−0.236%$312K$139.4M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09915−0.221%$631K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920−0.171%$147K$344K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09931−0.060%$67K$473K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09931−0.061%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09936−0.011%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09933−0.040%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09932−0.046%$5.9M$68.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.099370.000%$91.3M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09941+0.040%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09928−0.088%$482K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09932−0.048%$19K3xas long as short
Hyperliquid DOGE+0.0108%1h0.09949+0.122%$123.3M$115.8M10xas long as short
Katana Perps DOGE-USDlong+0.0111%8h0.09937long leg$890$527K10x
Deribit DOGE_USDC-PERPETUAL+0.0173%1h0.09936−0.008%$564K$247K25xas long as short
Reya DOGERUSDPERP+0.0195%1h0.09935−0.022%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.09946+0.087%$442$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09939+0.020%$16.0M$26.8M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09946+0.091%$27K$299K10xas long as short
Phoenix DOGE+0.0240%1h0.09918−0.187%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0288%1h0.09930−0.067%$316K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09939+0.020%$1.9M$34.1M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09948+0.109%$401K$447K10xas long as short
Injective DOGE/USDC PERP+0.1217%1h0.1053+5.968%$6K$242K12xas long as short