Funding you earn now, next payment 03:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h +0.028%
Price spread now: Coinbase International against Katana Perps+0.050%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.050%, 7d avg +0.039%
=The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.047% in total (about 4.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps DOGE-USD | 0.1009 | 0.0098 | pay 0.0098% / 8h | 4h 12m | $912 | $458K | 10x |
| Short | Coinbase International DOGE-PERP-INTX | 0.1010 | 0.0296 | get 0.0037% / 1h | 12m 08s | $2.3M | $27.7M | 50x |
Katana Perps DOGE-USD
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $41.64
- Price spread: +0.050% → +0.039%
- $1.01
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $28.85
- Costs to cover
- 0.138%
- Break-even
- 2.2 days
Slippage unknown: Katana Perps: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago | 1.99 bp | 9.3 bp −$9 | 15.1 bp −$151 | 47.2 bp −$4,716 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0034% | 8h | 0.1008 | −0.079% | $152.3M | $277.2M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1009 | +0.012% | $5.7M | $35.7M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1009 | −0.079% | $399K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1010 | +0.062% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0013% | 1h | 0.1006 | −0.375% | $226K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1010 | +0.038% | $737K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USDlong | +0.0098% | 8h | 0.1009 | long leg | $912 | $458K | 10x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1009 | −0.010% | $529K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1010 | +0.041% | $4.7M | $49.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1006 | −0.303% | $326K | $484K | 20x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1010 | +0.030% | $326.8M | $1.48B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1009 | 0.000% | $165.0M | $450.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1009 | −0.020% | $115.2M | $1.03B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −0.609% | $385K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1009 | −0.040% | $248.7M | $135.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1009 | +0.020% | $112.7M | $236.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1009 | −0.010% | $67.0M | $43.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1009 | −0.059% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1009 | −0.030% | $318K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | −0.805% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | −0.661% | $304K | $131.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | −0.588% | $638K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | −0.525% | $146K | $290K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1010 | +0.030% | $259K | $871K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1010 | +0.050% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1010 | +0.036% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1010 | +0.093% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1009 | +0.010% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1009 | −0.031% | $6.0M | $58.5M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1010 | +0.040% | $92.8M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1009 | −0.013% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1009 | +0.012% | $496K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1010 | +0.040% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1010 | +0.106% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0196% | 1h | 0.1010 | +0.048% | $604K | $119K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.1010 | +0.048% | $538 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1007 | −0.228% | $15.9M | $25.6M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1003 | −0.648% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0269% | 1h | 0.1010 | +0.056% | $316K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0268% | 1h | 0.1011 | +0.149% | $123.4M | $101.9M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0296% | 1h | 0.1010 | +0.050% | $2.3M | $27.7M | 50x | |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1010 | +0.109% | $110K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1010 | +0.053% | $408K | $414K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1007 | −0.228% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
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
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP