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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Katana Perps+0.142%55s7-day average +0.011% · 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)+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.142%, 7d avg +0.011%
Together, before fees−0.095%−$9 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: Binance is 0.131% dearer against Katana Perps than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.099270.0099pay 0.0099% / 8h6h 16m$829$428K10x
ShortBinance DOGEUSDT0.099410.0100get 0.0100% / 8h6h 16m$315.4M$1.43B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0.2
Price spread: +0.142% → +0.011%
$13.07
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$0.53
Costs to cover
0.138%
Break-even
25.5 days
Slippage unknown: Katana Perps: no order-book sample; Binance: live order book, 12 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 Binance live order book, 12 min ago0.50 bp6.1 bp −$68.3 bp −$8321.3 bp −$2,12652.1 bp −$26.1K
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 43 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
Bitget DOGEUSDT−0.0105%8h0.09941+0.141%$150.7M$273.2M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09936+0.087%$391K$5.0M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09935+0.082%$23K150xas long as short
dYdX DOGE-USD+0.0013%1h0.09946+0.194%$223K$49K10xas long as short
Kraken Futures PF_DOGEUSD+0.0067%1h0.09939+0.123%$5.8M$34.2M50xas long as short
Lighter DOGE+0.0096%1h0.09948+0.212%$820K$6.1M15xas long as short
Katana Perps DOGE-USDlong+0.0099%8h0.09927long leg$829$428K10x
Nado DOGE-PERP+0.0100%1h0.09930+0.035%$532K$991K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09943+0.162%$4.6M$48.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09938+0.114%$327K$503K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOGEUSDTshort+0.0100%8h0.09941+0.142%$315.4M$1.43B75x
Bybit DOGEUSDT+0.0100%8h0.09936+0.091%$157.3M$440.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09939+0.121%$110.2M$978.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09942+0.151%$128K$178K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09984+0.572%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09939+0.121%$241.2M$132.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09944+0.171%$111.2M$230.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09943+0.161%$65.8M$43.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09934+0.071%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09938+0.111%$340K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09945+0.178%$992K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09925−0.016%$280K$128.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09927−0.003%$634K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09930+0.030%$145K$270K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09932+0.055%$256K$642K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09938+0.111%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09936+0.091%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09942+0.149%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09940+0.131%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09934+0.075%$5.9M$55.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09940+0.131%$91.6M$16.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09941+0.145%$558K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09939+0.121%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0109%8h0.09933+0.062%$18K$6K30xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0122%1h0.09941+0.137%$594K$118K25xas long as short
Reya DOGERUSDPERP+0.0185%1h0.09932+0.051%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09935+0.082%$530$4K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09934+0.071%$2.0M$25.1M50xas long as short
Phoenix DOGE+0.0241%1h0.09939+0.119%$64K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0267%1h0.09934+0.069%$309K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09935+0.085%$400K$367K10xas long as short
Hyperliquid DOGE+0.0700%1h0.09960+0.336%$122.1M$98.0M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1000+0.735%$5K$239K12xas long as short