Funding you earn now, next payment 04:00 UTC−0.0099%/8h= −10.9% APRnext payment −$0.99 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against Katana Perps+0.259%7-day average −0.017% · 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)−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.259%, 7d avg −0.017%
=The price spread pays, funding is against you. Kalshi is 0.276% dearer against Katana Perps than usual: you sell high and buy low (spread +0.259% now, against its 7-day average of −0.017%): +$28 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps DOGE-USD | 0.09967 | 0.0099 | pay 0.0099% / 8h | 5h 53m | $833 | $430K | 10x |
| Short | Kalshi KXDOGEPERP | 0.09993 | 0 | get 0.0000% / 8h | 1h 53m | $394K | $5.0M | 2.8x |
Katana Perps DOGE-USD
Kalshi KXDOGEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- −$20.85
- Price spread: +0.259% → −0.017%
- $27.6
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$7.05
- Costs to cover
- 0.138%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; Kalshi: 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 Kalshi live order book, 5 min ago | 3.91 bp | 14.8 bp −$15 | 21.0 bp −$210 | doesn't fit | doesn'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 43 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 | −0.0091% | 8h | 0.09969 | +0.020% | $150.9M | $273.3M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09988 | +0.209% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERPshort | 0.0000% | 8h | 0.09993 | +0.259% | $394K | $5.0M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09974 | +0.066% | $24K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09998 | +0.310% | $813K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USDlong | +0.0099% | 8h | 0.09967 | long leg | $833 | $430K | 10x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09975 | +0.080% | $532K | $988K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09983 | +0.158% | $4.7M | $48.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09988 | +0.213% | $328K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09980 | +0.132% | $319.2M | $1.43B | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09977 | +0.100% | $159.7M | $437.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09976 | +0.090% | $111.1M | $981.5M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.231% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09975 | +0.080% | $242.2M | $131.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09979 | +0.120% | $113.4M | $228.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09981 | +0.140% | $66.0M | $43.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09979 | +0.120% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09977 | +0.100% | $334K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.580% | $998K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09950 | −0.171% | $292K | $128.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09953 | −0.139% | $625K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | −0.171% | $146K | $274K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09969 | +0.023% | $255K | $730K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09985 | +0.181% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09987 | +0.201% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09976 | +0.094% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09996 | +0.291% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09992 | +0.253% | $5.9M | $55.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09986 | +0.191% | $92.0M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09974 | +0.072% | $561K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09992 | +0.248% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0105% | 8h | 0.09985 | +0.184% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0130% | 1h | 0.09993 | +0.262% | $597K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09970 | +0.032% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09990 | +0.230% | $532 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09951 | −0.162% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09972 | +0.055% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09995 | +0.281% | $2.3M | $25.9M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0306% | 1h | 0.09994 | +0.271% | $5.8M | $34.7M | 50x | as long as short |
| Hyperliquid DOGE | +0.0414% | 1h | 0.09987 | +0.199% | $121.6M | $99.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09989 | +0.226% | $402K | $367K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09998 | +0.311% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1002 | +0.532% | $5K | $239K | 12x | as long as short |
Bybit 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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
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