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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0140%/8h= −15.4% APRpaid last 24h −0.022%
Price spread now: Katana Perps against Coinbase International+0.010%7-day average −0.037% · 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)−0.037%−$4 on $10k
Price spread, last 3 days (all we have)−0.019%−$2 · spread now +0.010%, 7d avg −0.037%
Together, before fees−0.056%−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Katana Perps is 0.047% dearer against Coinbase International than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.037%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 4 days (−0.037% in total) that is about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.10070.0240pay 0.0030% / 1h4m 52s$2.0M$25.2M50x
ShortKatana Perps DOGE-USD0.10070.0100get 0.0100% / 8h7h 04m$845$425K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Coinbase International. 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
−$29.44
Price spread: +0.010% → −0.037%
$4.69
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$38.56
Costs to cover
0.138%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago1.48 bp10.5 bp −$1015.8 bp −$15845.1 bp −$4,513doesn'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
Bitget DOGEUSDT−0.0163%8h0.1008+0.159%$153.1M$271.6M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1006−0.033%$6.0M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1007+0.057%$416K$4.9M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1006−0.043%$24K150xas long as short
dYdX DOGE-USD+0.0010%1h0.1007+0.002%$226K$44K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0028%1h0.1007−0.010%$605K$119K25xas long as short
Lighter DOGE+0.0096%1h0.1009+0.283%$797K$5.9M15xas long as short
Katana Perps DOGE-USDshort+0.0100%8h0.1007+0.010%$845$425K10x
Nado DOGE-PERP+0.0100%1h0.10070.000%$516K$972K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1006−0.030%$5.1M$46.8M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1007+0.088%$336K$512K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1009+0.204%$320.7M$1.41B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1008+0.159%$160.8M$439.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1008+0.189%$111.3M$973.6M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1008+0.119%$28K$95K10xas long as short
Bulk DOGE-USD+0.0100%1h0.1009+0.271%$387K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1008+0.109%$245.2M$131.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1008+0.129%$113.6M$226.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1008+0.119%$66.2M$42.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1007+0.050%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1006−0.020%$366K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.043%$994K$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1009+0.204%$270K$125.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1011+0.427%$645K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1012+0.536%$149K$268K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1006−0.060%$264K$635K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1006−0.030%$74K$426K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1006−0.055%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1007+0.075%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1006−0.020%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1006−0.060%$6.0M$53.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1006−0.030%$92.9M$17.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1007+0.037%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.1007−0.009%$531K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1006−0.039%$19K3xas long as short
01 Exchange DOGEUSD+0.0168%1h0.1007+0.081%$532$4K10xas long as short
Reya DOGERUSDPERP+0.0183%1h0.1006−0.015%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1007−0.010%$15.5M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.1007long leg$2.0M$25.2M50x
Phoenix DOGE+0.0240%1h0.1008+0.097%$65K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0247% / S −0.0271%1h0.1006−0.050%$316K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1008+0.090%$325K$404K10xas long as short
Hyperliquid DOGE+0.0761%1h0.1010+0.338%$123.5M$95.9M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1012+0.536%$5K$239K12xas long as short