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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.024%
Price spread now: Katana Perps against Deribit−0.079%7-day average −0.021% · 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)+0.071%+$7 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.079%, 7d avg −0.021%
Together, before fees+0.160%+$16 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 0.058% cheaper against Deribit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOGE_USDC-PERPETUAL0.099990.0100pay 0.0013% / 1h30m 49s$597K$118K25x
ShortKatana Perps DOGE-USD0.099910.0099get 0.0099% / 8h5h 30m$3K$441K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Deribit. 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
−$0.12
Price spread: −0.079% → −0.021%
−$5.8
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$16.72
Costs to cover
0.108%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 33 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 Deribit live order book, 33 min ago5.00 bp8.5 bp −$917.2 bp −$172doesn'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
Bitget DOGEUSDT−0.0089%8h0.09988−0.109%$151.2M$274.0M75xas long as short
dYdX DOGE-USD0.0000%1h0.09983−0.164%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09996−0.025%$444K$5.1M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09992−0.069%$24K150xas long as short
Lighter DOGE+0.0096%1h0.1001+0.074%$782K$6.2M15xas long as short
Katana Perps DOGE-USDshort+0.0099%8h0.09991−0.079%$3K$441K10x
Nado DOGE-PERP+0.0100%1h0.09994−0.044%$533K$993K10xas long as short
Aster DOGEUSDT+0.0100%8h0.10000+0.008%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09989−0.104%$328K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09997−0.019%$320.5M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09995−0.039%$161.2M$441.6M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09996−0.029%$111.7M$990.8M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09985−0.141%$383K$2K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09992−0.069%$243.4M$132.5M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09998−0.009%$112.3M$230.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09998−0.009%$66.1M$43.3M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09991−0.079%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09999+0.001%$329K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09990−0.084%$989K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09969−0.301%$297K$130.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09979−0.198%$626K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000+0.011%$146K$278K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09989−0.097%$255K$734K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09997−0.019%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09995−0.038%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09998−0.009%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1000+0.021%$2K$3.9M10xas long as short
Deribit DOGE_USDC-PERPETUALlong+0.0100%1h0.09999long leg$597K$118K25x
HTX DOGE-USDT+0.0100%8h0.09987−0.120%$6.0M$56.6M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1000+0.031%$92.1M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0103%8h0.09981−0.176%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09996−0.027%$507K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09998−0.011%$19K3xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09992−0.073%$2K20xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09997−0.020%$533$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1000+0.031%$15.7M$25.2M75xas long as short
Phoenix DOGE+0.0240%1h0.09961−0.382%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.09992−0.067%$311K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.1001+0.101%$2.3M$26.2M50xas long as short
Kraken Futures PF_DOGEUSD+0.0306%1h0.1000+0.025%$5.7M$35.1M50xas long as short
Hyperliquid DOGE+0.0482%1h0.1001+0.121%$122.3M$99.8M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.1000+0.026%$403K$366K10xas long as short
Arcus DOGE-USD+0.0781%1h0.1001+0.081%$129K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1002+0.211%$5K$239K12xas long as short