Funding you earn now, next payment 22:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.013%
Price spread now: Reya against Katana Perps−0.111%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.111% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 4.7 days of funding at the current rate (+$2 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps DOGE-USD | 0.09913 | 0.0096 | pay 0.0096% / 8h | 2h 04m | $839 | $345K | 10x |
| Short | Reya DOGERUSDPERP | 0.09902 | 0.0175 | get 0.0022% / 1h | 4m 43s | $2K | — | 20x |
Katana Perps DOGE-USD
Reya DOGERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $16.58
- Price spread: −0.111% → 0.000%
- −$11.14
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$4.36
- Costs to cover
- 0.098%
- Break-even
- 8.8 days
Slippage unknown: Katana Perps: no order-book sample; Reya: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Katana Perps no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Katana Perps and Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0278% | 8h | 0.09907 | −0.061% | $151.9M | $261.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09907 | −0.062% | $367K | $4.4M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09907 | −0.060% | $619K | $106K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09903 | −0.096% | $32K | — | 150x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09951 | +0.380% | $15K | $225K | 10x | as long as short |
| Gate DOGE_USDT | +0.0080% | 8h | 0.09911 | −0.020% | $236.1M | $121.2M | 75x | as long as short |
| Katana Perps DOGE-USDlong | +0.0096% | 8h | 0.09913 | long leg | $839 | $345K | 10x | |
| Lighter DOGE | +0.0096% | 1h | 0.09919 | +0.059% | $752K | $5.2M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09903 | −0.106% | $627K | $698K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09910 | −0.030% | $4.9M | $40.7M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09917 | +0.040% | $334K | $496K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09916 | +0.034% | $314.0M | $1.27B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09912 | −0.010% | $158.5M | $399.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09919 | +0.061% | $108.6M | $893.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09921 | +0.081% | $28K | $76K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09916 | +0.030% | $109.7M | $221.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09914 | +0.010% | $64.9M | $39.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09915 | +0.020% | — | $73.5M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09902 | −0.110% | $931K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09933 | +0.203% | $267K | $112.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09924 | +0.115% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | +0.071% | $144K | $228K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09901 | −0.125% | $270K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09904 | −0.091% | $57K | $396K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09903 | −0.101% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09908 | −0.053% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09905 | −0.081% | $2K | $3.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09909 | −0.044% | $5.9M | $47.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09906 | −0.071% | $91.8M | $19.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09947 | +0.344% | $381K | $14K | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09915 | +0.020% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09913 | −0.001% | $547K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09906 | −0.071% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0109% | 1h | 0.09913 | −0.002% | $223K | $44K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09916 | +0.032% | $524 | $4K | 10x | as long as short |
| Reya DOGERUSDPERPshort | +0.0175% | 1h | 0.09902 | −0.111% | $2K | — | 20x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09910 | −0.030% | $15.1M | $23.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09906 | −0.071% | $2.0M | $22.5M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0247% | 1h | 0.09903 | −0.103% | $316K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0253% | 1h | 0.09911 | −0.020% | $523K | $931K | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09904 | −0.092% | $5.9M | $31.9M | 50x | as long as short |
| Hyperliquid DOGE | +0.0409% | 1h | 0.09924 | +0.107% | $109.1M | $79.9M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09921 | +0.079% | $311K | $474K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09960 | +0.474% | $5K | $180K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Bulk DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
dYdX DOGE-USD
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP