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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXDOGEPERP | 0.09985 | 0 | get 0.0000% / 8h | 1h 52m | $394K | $5.0M | 2.8x |
| Short | Katana Perps DOGE-USD | 0.1004 | 0.0099 | get 0.0099% / 8h | 5h 52m | $839 | $434K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kalshi live order book, 1 min ago | 4.70 bp | 9.9 bp −$10 | 16.1 bp −$161 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0091% | 8h | 0.1004 | +0.554% | $152.0M | $273.4M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1004 | +0.590% | $225K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERPlong | 0.0000% | 8h | 0.09985 | long leg | $394K | $5.0M | 2.8x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1003 | +0.462% | $24K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1005 | +0.679% | $817K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USDshort | +0.0099% | 8h | 0.1004 | +0.594% | $839 | $434K | 10x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1004 | +0.549% | $535K | $989K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1004 | +0.583% | $4.7M | $48.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.634% | $330K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1004 | +0.507% | $321.0M | $1.43B | 75x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1002 | +0.394% | $160.6M | $438.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | +0.334% | $111.9M | $986.7M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09990 | +0.053% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1004 | +0.604% | $243.9M | $131.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1005 | +0.634% | $114.6M | $229.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1005 | +0.644% | $66.4M | $43.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1002 | +0.364% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1002 | +0.334% | $335K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | +0.402% | $998K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09991 | +0.061% | $296K | $128.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09953 | −0.316% | $625K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | −0.348% | $146K | $274K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | +0.604% | $257K | $730K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1002 | +0.384% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1001 | +0.287% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1002 | +0.307% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | +0.273% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1002 | +0.306% | $5.9M | $55.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1002 | +0.323% | $92.3M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1004 | +0.579% | $562K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | +0.272% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0105% | 8h | 0.1004 | +0.597% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0140% | 1h | 0.1002 | +0.313% | $598K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.1005 | +0.616% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0232% | 1h | 0.1005 | +0.672% | $536 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09951 | −0.339% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.1001 | +0.226% | $311K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.1002 | +0.313% | $2.3M | $25.9M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0305% | 1h | 0.1001 | +0.282% | $5.8M | $34.7M | 50x | as long as short |
| Hyperliquid DOGE | +0.0435% | 1h | 0.1006 | +0.744% | $122.5M | $99.6M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.1005 | +0.609% | $404K | $367K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.1006 | +0.714% | $129K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1004 | +0.554% | $5K | $239K | 12x | as long as short |
Kalshi KXDOGEPERP
Katana Perps DOGE-USD
Bitget DOGEUSDT
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP