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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Katana Perps−0.111%54s7-day average −0.011% · 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)+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.430%+$43 · spread now −0.111%, 7d avg −0.011%
Together, before fees+0.461%+ Points / potential airdropGRVT: Active · farm board+$46 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.100% cheaper against Katana Perps than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.011%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.099670.0099pay 0.0099% / 8h5h 36m$900$437K10x
ShortGRVT DOGE_USDT_Perp0.099560.0100get 0.0100% / 8h5h 36m$627K$4.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0.12
Price spread: −0.111% → −0.011%
−$9.99
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$22.67
Costs to cover
0.128%
Break-even
1287.8 days
Slippage unknown: Katana Perps: no order-book sample; GRVT: live order book, 3 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 GRVT live order book, 3 min ago0.50 bp7.0 bp −$718.0 bp −$18053.7 bp −$5,371doesn'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
Bitget DOGEUSDT−0.0092%8h0.09984+0.171%$151.2M$273.8M75xas long as short
dYdX DOGE-USD0.0000%1h0.099670.000%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09975+0.080%$443K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09986+0.189%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09999+0.324%$798K$6.1M15xas long as short
Katana Perps DOGE-USDlong+0.0099%8h0.09967long leg$900$437K10x
Nado DOGE-PERP+0.0100%1h0.09972+0.055%$531K$991K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09972+0.053%$4.7M$48.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09972+0.051%$328K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09993+0.261%$319.9M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09986+0.191%$161.0M$440.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09985+0.181%$111.8M$988.3M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09995+0.279%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09977+0.100%$243.7M$132.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09992+0.251%$112.9M$230.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09975+0.080%$66.0M$43.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09987+0.201%$76.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09962−0.050%$328K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09971+0.036%$997K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09974+0.069%$297K$129.5M20xas long as short
GRVT DOGE_USDT_Perpshort+0.0100%8h0.09956−0.111%$627K$4.4M10x
ApeX Omni DOGEUSDT+0.0100%1h0.09970+0.030%$145K$277K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09970+0.034%$254K$733K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09991+0.241%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09990+0.228%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09981+0.138%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09993+0.261%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09993+0.263%$6.0M$56.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09994+0.271%$92.0M$16.7M50xas long as short
Paradex DOGE-USD-PERP+0.0104%8h0.09967−0.004%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09989+0.218%$527K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09990+0.234%$19K3xas long as short
Reya DOGERUSDPERP+0.0186%1h0.09973+0.057%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09977+0.104%$532$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09966−0.010%$15.6M$25.1M75xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0221%1h0.09993+0.266%$597K$118K25xas long as short
Phoenix DOGE+0.0240%1h0.09990+0.228%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.09983+0.162%$310K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09989+0.221%$2.3M$26.1M50xas long as short
Kraken Futures PF_DOGEUSD+0.0306%1h0.09992+0.247%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0449%1h0.09984+0.171%$121.9M$99.6M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09982+0.150%$402K$368K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09989+0.221%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.532%$5K$239K12xas long as short