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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Polymarket Perps against Katana Perps+0.025%7-day average 0.000% · 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)+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.598%+$60 · spread now +0.025%, 7d avg 0.000%
Together, before fees+0.615%+$61 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: Polymarket Perps is 0.025% dearer against Katana Perps than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.098990.0100pay 0.0100% / 8h7h 51m$1K$545K10x
ShortPolymarket Perps DOGE-USD0.099020.0100get 0.0013% / 1h51m 46s$258K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0.04
Price spread: +0.025% → 0.000%
$2.54
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$9.22
Costs to cover
0.118%
Break-even
1469.8 days
Slippage unknown: Katana Perps: no order-book sample; Polymarket Perps: live order book, 11 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 Polymarket Perps live order book, 11 min ago2.88 bp6.9 bp −$77.2 bp −$72doesn't fitdoesn'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
Kraken Futures PF_DOGEUSD−0.0096%1h0.09895−0.037%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0009%8h0.09901+0.020%$140.6M$347.6M75xas long as short
dYdX DOGE-USD0.0000%1h0.09897−0.024%$222K$64K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09899+0.003%$577K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09887−0.118%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.374%$6K$242K12xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0073%1h0.09896−0.030%$557K$284K25xas long as short
Gate DOGE_USDT+0.0078%8h0.09895−0.040%$250.3M$152.6M75xas long as short
Phoenix DOGE+0.0081%1h0.09885−0.137%$18K$386K10xas long as short
Lighter DOGE+0.0096%1h0.09905+0.058%$826K$6.8M15xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps DOGE-USDlong+0.0100%8h0.09899long leg$1K$545K10x
Nado DOGE-PERP+0.0100%1h0.09899−0.005%$536K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09908+0.088%$123.5M$117.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09903+0.036%$4.9M$59.4M75xas long as short
Pacifica DOGE+0.0100%1h0.09898−0.014%$321K$506K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09904+0.047%$327.5M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09900+0.010%$163.8M$523.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09905+0.061%$115.2M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.098990.000%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.141%$377K$16K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09901+0.020%$117.4M$258.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09898−0.010%$66.4M$49.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09895−0.040%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09900+0.010%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09879−0.203%$1.0M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09865−0.340%$300K$139.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09867−0.327%$625K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.394%$141K$346K25xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.09902+0.025%$258K$1.2M10x
Orderly PERP_DOGE_USDC+0.0100%8h0.09895−0.040%$71K$469K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09903+0.043%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09902+0.030%$34K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09894−0.051%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.098990.000%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09901+0.020%$90.5M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09893−0.065%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09896−0.035%$481K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09895−0.045%$19K3xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09895−0.037%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09905+0.061%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09903+0.040%$15.6M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09909+0.105%$441$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0286% / S −0.0375%1h0.09895−0.036%$412K200xas long as short
RISEx DOGE/USDC+0.0717%1h0.09910+0.110%$399K$455K10xas long as short