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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Pacifica against Katana Perps+0.159%57s7-day average +0.026% · 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)+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.159%, 7d avg +0.026%
Together, before fees−0.039%+ Points / potential airdropPacifica: Active · farm board−$4 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: Pacifica is 0.133% 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 +0.026%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.10030.0096pay 0.0096% / 8h1h 48m$1K$355K10x
ShortPacifica DOGE0.10050.0100get 0.0013% / 1h48m 47s$337K$497K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0.81
Price spread: +0.159% → +0.026%
$13.34
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$2.35
Costs to cover
0.118%
Break-even
from the start
Slippage unknown: Katana Perps: no order-book sample; Pacifica: live order book, 35 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 Pacifica live order book, 35 min ago2.51 bp8.8 bp −$9doesn't fitdoesn'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
Bitget DOGEUSDT−0.0273%8h0.1004+0.080%$153.6M$261.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1004+0.035%$377K$4.4M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.1004+0.067%$32K150xas long as short
dYdX DOGE-USD+0.0021%1h0.1005+0.125%$226K$44K10xas long as short
Phoenix DOGE+0.0081%1h0.1008+0.436%$16K$222K10xas long as short
Gate DOGE_USDT+0.0090%8h0.1005+0.140%$241.7M$120.9M75xas long as short
Lighter DOGE+0.0096%1h0.1005+0.190%$788K$5.3M15xas long as short
Katana Perps DOGE-USDlong+0.0096%8h0.1003long leg$1K$355K10x
Nado DOGE-PERP+0.0100%1h0.1003−0.040%$679K$744K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1005+0.179%$5.0M$41.3M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGEshort+0.0100%1h0.1005+0.159%$337K$497K20x
Binance DOGEUSDT+0.0100%8h0.1005+0.126%$319.2M$1.28B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1004+0.070%$161.7M$404.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1004+0.080%$109.7M$909.2M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1004+0.060%$28K$76K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1003−0.030%$384K$14K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1004+0.100%$110.0M$214.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1005+0.130%$66.0M$39.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1004+0.050%$3.4Mas long as short
Variational Omni DOGE+0.0100%8h0.1002−0.133%$933K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1003−0.058%$275K$113.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1003−0.079%$631K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1004+0.070%$145K$238K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.10030.000%$272K$534K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1004+0.090%$72K$417K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1004+0.071%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1003−0.018%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1004+0.120%$2K$3.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1004+0.082%$6.0M$48.5M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1004+0.090%$93.1M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1003+0.010%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.1004+0.105%$559K$3.6M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1005+0.144%$19K3xas long as short
Reya DOGERUSDPERP+0.0175%1h0.1004+0.047%$2K20xas long as short
01 Exchange DOGEUSD+0.0176%1h0.1004+0.045%$530$4K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0178%1h0.1004+0.118%$628K$105K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.1004+0.050%$2.0M$22.9M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.1005+0.159%$15.3M$24.2M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0245% / S −0.0266%1h0.1004+0.039%$311K200xas long as short
Backpack DOGE_USDC_PERP+0.0330%1h0.1006+0.219%$531K$934K15xas long as short
Kraken Futures PF_DOGEUSD+0.0363%1h0.1005+0.122%$6.0M$32.0M50xas long as short
Hyperliquid DOGE+0.0406%1h0.1006+0.249%$110.6M$80.9M10xas long as short
RISEx DOGE/USDC+0.0702%1h0.1004+0.073%$315K$472K10xas long as short
Injective DOGE/USDC PERP+0.0966%1h0.1006+0.269%$5K$207K12xas long as short