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 +0.001%
Price spread now: Katana Perps against Polymarket Perps−0.131%51s7-day average 0.000% · you buy dearer than you sell
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)−0.492%−$49 · spread now −0.131%, 7d avg 0.000%
Together, before fees−0.509%−$51 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: Katana Perps is 0.131% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of 0.000%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps DOGE-USD0.099020.0100pay 0.0013% / 1h56m 29s$258K$1.2M10x
ShortKatana Perps DOGE-USD0.098890.0100get 0.0100% / 8h7h 56m$1K$544K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Polymarket 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: −0.131% → 0.000%
−$13.14
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$24.99
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 7 min ago; Katana Perps: 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 Polymarket Perps live order book, 7 min ago2.88 bp8.9 bp −$913.3 bp −$133doesn't fitdoesn't fit
Sell Katana Perps no order-book sample
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
Phemex DOGEUSDT−0.0299%8h0.09905+0.030%$90.6M$16.7M50xas long as short
Kraken Futures PF_DOGEUSD−0.0096%1h0.09903+0.010%$5.6M$40.8M50xas long as short
Bitget DOGEUSDT−0.0007%8h0.09886−0.162%$140.3M$347.8M75xas long as short
dYdX DOGE-USD0.0000%1h0.09894−0.081%$222K$63K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09892−0.096%$580K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09903+0.011%$35K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.342%$6K$242K12xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0053%1h0.09904+0.019%$555K$282K25xas long as short
Lighter DOGE+0.0096%1h0.09903+0.015%$826K$6.8M15xas long as short
Katana Perps DOGE-USDshort+0.0100%8h0.09889−0.131%$1K$544K10x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09886−0.157%$535K$1.1M10xas long as short
Hyperliquid DOGE+0.0100%1h0.09907+0.047%$123.5M$117.4M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09894−0.081%$4.9M$59.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09899−0.030%$321K$506K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09892−0.099%$327.1M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09884−0.182%$163.3M$524.4M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09886−0.162%$115.1M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09893−0.091%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09885−0.172%$377K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09890−0.121%$250.3M$152.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09893−0.091%$117.0M$257.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09897−0.050%$66.3M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09890−0.121%$53.7Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09907+0.050%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09877−0.251%$1.0M$8.6Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09873−0.291%$301K$139.1M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09865−0.374%$625K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870−0.323%$141K$346K25xas long as short
Polymarket Perps DOGE-USDlong+0.0100%1h0.09902long leg$258K$1.2M10x
Orderly PERP_DOGE_USDC+0.0100%8h0.099020.000%$71K$475K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09903+0.013%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09908+0.061%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.099020.000%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09906+0.041%$5.9M$69.1M75xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09893−0.096%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09888−0.142%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09902−0.004%$19K3xas long as short
Phoenix DOGE+0.0160%1h0.09885−0.168%$18K$386K10xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09898−0.041%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0208%1h0.09907+0.050%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09899−0.030%$15.5M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0232%1h0.09898−0.042%$440$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0285% / S −0.0425%1h0.09902+0.004%$397K200xas long as short
RISEx DOGE/USDC+0.0717%1h0.09899−0.031%$398K$455K10xas long as short