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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1106%/8h= +121.1% APRpaid last 24h +0.212%
Price spread now: Injective against Katana Perps+6.213%7-day average +0.210% · you sell dearer than you buy
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)+0.805%+$80 on $10k
Price spread, last 4 days (all we have)−6.278%−$628 · spread now +6.213%, 7d avg +0.210%
Together, before fees−5.473%−$547 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Injective is 6.003% dearer against Katana Perps than usual: you sell high and buy low: +$600 more if the spread goes back to its 7-day average of +0.210%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.099140.0111pay 0.0111% / 8h2h 14m$888$527K10x
ShortInjective DOGE/USDC PERP0.10530.1217get 0.0152% / 1h14m 56s$6K$242K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$232.16
Price spread: +6.213% → +0.210%
$600.3
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$828.64
Costs to cover
0.038%
Break-even
from the start
Slippage unknown: Katana Perps: no order-book sample; Injective: 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 Katana Perps no order-book sample
Sell Injective no order-book sample
Katana Perps and Injective: 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%8h0.09917+0.029%$595K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09913−0.015%$34K150xas long as short
Kraken Futures PF_DOGEUSD+0.0002%1h0.09915+0.011%$5.6M$39.9M50xas long as short
dYdX DOGE-USD+0.0031%1h0.09915+0.013%$223K$70K10xas long as short
Polymarket Perps DOGE-USD+0.0037%1h0.09909−0.051%$267K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09923+0.092%$846K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09915+0.010%$538K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09913−0.005%$4.4M$57.3M75xas long as short
Pacifica DOGE+0.0100%1h0.09920+0.056%$317K$514K20xas long as short
Binance DOGEUSDT+0.0100%8h0.099140.000%$324.1M$1.69B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09910−0.040%$163.1M$517.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09915+0.010%$115.9M$1.17B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09881−0.336%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09911−0.030%$246.5M$153.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.099140.000%$110.1M$255.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09915+0.010%$66.0M$49.7M75xas long as short
Bitget DOGEUSDT+0.0100%8h0.09905−0.091%$140.1M$339.7M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09912−0.020%$80.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09917+0.030%$298K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09907−0.072%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09920+0.059%$312K$139.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09927+0.131%$624K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09920+0.061%$147K$344K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09913−0.010%$67K$473K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09913−0.014%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09921+0.070%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09915+0.010%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09918+0.040%$5.9M$68.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09915+0.010%$91.1M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09915+0.015%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09908−0.057%$482K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09914−0.001%$19K3xas long as short
Hyperliquid DOGE+0.0105%1h0.09924+0.101%$123.0M$115.7M10xas long as short
Katana Perps DOGE-USDlong+0.0111%8h0.09914long leg$888$527K10x
Reya DOGERUSDPERP+0.0195%1h0.09912−0.022%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.09921+0.069%$441$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09916+0.020%$15.9M$26.8M75xas long as short
Arcus DOGE-USD+0.0231%1h0.09920+0.061%$27K$299K10xas long as short
Phoenix DOGE+0.0240%1h0.09930+0.162%$18K$382K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0288%1h0.09912−0.019%$315K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0275%1h0.09918+0.042%$563K$247K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.09921+0.071%$1.9M$34.1M50xas long as short
RISEx DOGE/USDC+0.0686%1h0.09922+0.080%$400K$445K10xas long as short
Injective DOGE/USDC PERPshort+0.1217%1h0.1053+6.213%$6K$242K12x