Funding you earn now, next payment 05:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h +0.030%
Price spread now: Kraken Futures against Katana Perps−0.143%7-day average +0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.143%, 7d avg +0.031%
=Funding pays, the price is against you. Kraken Futures is 0.174% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.143% now, against its 7-day average of +0.031%). If the spread goes back, that is −$17 on $10k: about 4.7 days of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.068% in total) that is about 9.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps DOGE-USD | 0.1027 | 0.0122 | pay 0.0122% / 8h | 3h 24m | $2K | $496K | 10x |
| Short | Kraken Futures PF_DOGEUSD | 0.1026 | 0.0245 | get 0.0031% / 1h | 24m 46s | $5.5M | $38.8M | 50x |
Katana Perps DOGE-USD
Kraken Futures PF_DOGEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $25.94
- Price spread: −0.143% → +0.031%
- −$17.35
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$5.21
- Costs to cover
- 0.138%
- Break-even
- 8.4 days
Slippage unknown: Katana Perps: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago | 2.41 bp | 13.1 bp −$13 | 16.5 bp −$165 | 32.5 bp −$3,245 | 370.2 bp −$185.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1028 | +0.052% | $710K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1027 | −0.042% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0014% | 1h | 0.1026 | −0.166% | $230K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0057% | 8h | 0.1027 | −0.010% | $133.9M | $315.7M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1027 | −0.047% | $724K | $6.4M | 15x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1026 | −0.125% | $4.9M | $54.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1026 | −0.102% | $329K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1026 | −0.082% | $340.0M | $1.61B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1026 | −0.088% | $168.4M | $496.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1027 | −0.039% | $117.1M | $1.15B | 50x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Bitget DOGEUSDT
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk DOGE-USD | +0.0100% | 1h | 0.1046 | +1.846% | $402K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1026 | −0.175% | $253.6M | $145.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1027 | −0.049% | $116.0M | $244.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1026 | −0.107% | $67.4M | $48.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1027 | −0.068% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1026 | −0.156% | $341K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1026 | −0.121% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1031 | +0.408% | $329K | $135.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1038 | +1.055% | $656K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1032 | +0.458% | $156K | $329K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1028 | +0.034% | $557K | $1.1M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1027 | −0.049% | $258K | $975K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1027 | 0.000% | $69K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1027 | −0.011% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1028 | +0.058% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1026 | −0.117% | $2K | $5.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1026 | −0.132% | $6.0M | $65.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1026 | −0.097% | $94.3M | $17.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1026 | −0.134% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1025 | −0.194% | $497K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1026 | −0.136% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USDlong | +0.0122% | 8h | 0.1027 | long leg | $2K | $496K | 10x | |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1027 | −0.024% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1027 | −0.029% | $16.7M | $27.2M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1031 | +0.374% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSDshort | +0.0245% | 1h | 0.1026 | −0.143% | $5.5M | $38.8M | 50x | |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1029 | +0.119% | $457 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1027 | −0.054% | $331K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0276% | 1h | 0.1027 | −0.078% | $583K | $247K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1026 | −0.088% | $2.0M | $33.0M | 50x | as long as short |
| Hyperliquid DOGE | +0.0526% | 1h | 0.1026 | −0.088% | $128.1M | $110.1M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1028 | +0.088% | $111K | $200K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1029 | +0.131% | $415K | $428K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +2.502% | $6K | $242K | 12x | as long as short |
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Nado DOGE-PERP
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
BloFin DOGE-USDT
Phoenix DOGE
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP