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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.99 per $10,000 · paid last 24h +0.030%
Price spread now: Katana Perps against Kalshi+0.594%7-day average +0.017% · 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)+0.080%+$8 on $10k
Price spread, last 4 days (all we have)−0.711%−$71 · spread now +0.594%, 7d avg +0.017%
Together, before fees−0.631%−$63 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Katana Perps is 0.577% dearer against Kalshi than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXDOGEPERP0.099850get 0.0000% / 8h1h 52m$394K$5.0M2.8x
ShortKatana Perps DOGE-USD0.10040.0099get 0.0099% / 8h5h 52m$839$434K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Kalshi. 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
$20.85
Price spread: +0.594% → +0.017%
$57.67
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$64.73
Costs to cover
0.138%
Break-even
from the start
Slippage unknown: Kalshi: live order book, 1 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 Kalshi live order book, 1 min ago4.70 bp9.9 bp −$1016.1 bp −$161doesn'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 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−0.0091%8h0.1004+0.554%$152.0M$273.4M75xas long as short
dYdX DOGE-USD0.0000%1h0.1004+0.590%$225K$49K10xas long as short
Kalshi KXDOGEPERPlong0.0000%8h0.09985long leg$394K$5.0M2.8x
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1003+0.462%$24K150xas long as short
Lighter DOGE+0.0096%1h0.1005+0.679%$817K$6.1M15xas long as short
Katana Perps DOGE-USDshort+0.0099%8h0.1004+0.594%$839$434K10x
Nado DOGE-PERP+0.0100%1h0.1004+0.549%$535K$989K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1004+0.583%$4.7M$48.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1005+0.634%$330K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1004+0.507%$321.0M$1.43B75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.1002+0.394%$160.6M$438.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1002+0.334%$111.9M$986.7M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.053%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1004+0.604%$243.9M$131.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1005+0.634%$114.6M$229.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1005+0.644%$66.4M$43.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1002+0.364%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1002+0.334%$335K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1002+0.402%$998K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09991+0.061%$296K$128.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09953−0.316%$625K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09950−0.348%$146K$274K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1004+0.604%$257K$730K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1002+0.384%$70K$440K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1001+0.287%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1002+0.307%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1001+0.273%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1002+0.306%$5.9M$55.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1002+0.323%$92.3M$16.8M50xas long as short
Extended DOGE-USD+0.0104%1h0.1004+0.579%$562K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1001+0.272%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0105%8h0.1004+0.597%$18K$6K30xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0140%1h0.1002+0.313%$598K$118K25xas long as short
Reya DOGERUSDPERP+0.0186%1h0.1005+0.616%$2K20xas long as short
01 Exchange DOGEUSD+0.0232%1h0.1005+0.672%$536$4K10xas long as short
Phoenix DOGE+0.0240%1h0.09951−0.339%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0267%1h0.1001+0.226%$311K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.1002+0.313%$2.3M$25.9M50xas long as short
Kraken Futures PF_DOGEUSD+0.0305%1h0.1001+0.282%$5.8M$34.7M50xas long as short
Hyperliquid DOGE+0.0435%1h0.1006+0.744%$122.5M$99.6M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.1005+0.609%$404K$367K10xas long as short
Arcus DOGE-USD+0.0781%1h0.1006+0.714%$129K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1004+0.554%$5K$239K12xas long as short