Funding you earn now, next payment 20:00 UTC+0.0131%/8h= +14.4% APRpaid last 24h +0.013%
Price spread now: Coinbase International against Katana Perps+0.130%7-day average +0.032% · 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)+0.035%+$4 on $10k
+Price spread, last 3 days (all we have)−0.198%−$20 · spread now +0.130%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.098% dearer against Katana Perps than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps DOGE-USD | 0.1003 | 0.0093 | pay 0.0093% / 8h | 3h 31m | $858 | $318K | 10x |
| Short | Coinbase International DOGE-PERP-INTX | 0.1005 | 0.0224 | get 0.0028% / 1h | 31m 54s | $2.0M | $21.7M | 50x |
Katana Perps DOGE-USD
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $27.56
- Price spread: +0.130% → +0.032%
- $9.79
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $23.55
- Costs to cover
- 0.138%
- Break-even
- 1.0 days
Slippage unknown: Katana Perps: no order-book sample; Coinbase International: live order book, 3 min ago. 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 2.99 bp | 9.8 bp −$10 | 17.0 bp −$170 | 47.6 bp −$4,764 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0261% | 8h | 0.1000 | −0.309% | $154.2M | $255.7M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0035% | 1h | 0.1004 | +0.035% | $5.9M | $28.5M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1004 | +0.096% | $351K | $4.1M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1004 | +0.088% | $628K | $88K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1002 | −0.107% | $33K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0029% | 1h | 0.1005 | +0.137% | $226K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0081% | 8h | 0.1001 | −0.259% | $235.7M | $118.0M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1009 | +0.600% | $18K | $207K | 10x | as long as short |
| Katana Perps DOGE-USDlong | +0.0093% | 8h | 0.1003 | long leg | $858 | $318K | 10x | |
| Lighter DOGE | +0.0096% | 1h | 0.1004 | +0.065% | $808K | $4.9M | 15x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.040% | $714K | $659K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.219% | $4.7M | $39.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.175% | $359K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.189% | $320.8M | $1.23B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.219% | $157.5M | $389.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | −0.169% | $109.1M | $884.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1004 | +0.030% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | +0.143% | $385K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.199% | $146.6M | $197.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1001 | −0.199% | $66.3M | $37.8M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.209% | — | $72.1M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | +0.654% | $997K | $7.3M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1006 | +0.233% | $268K | $106.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1007 | +0.404% | $638K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1009 | +0.568% | $145K | $216K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1003 | −0.080% | $281K | $562K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1004 | +0.040% | $73K | $360K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1004 | +0.039% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | +0.101% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1004 | +0.050% | $2K | $3.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.018% | $6.0M | $44.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.010% | $93.3M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1004 | +0.059% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1001 | −0.221% | $561K | $3.4M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1006 | +0.266% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0171% | 1h | 0.1003 | −0.064% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1004 | +0.037% | $530 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | −0.219% | $15.1M | $22.3M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0224% | 1h | 0.1005 | +0.130% | $2.0M | $21.7M | 50x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0265% | 1h | 0.1002 | −0.090% | $310K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0389% | 1h | 0.1002 | −0.140% | $528K | $810K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0530% | 1h | 0.1004 | +0.033% | $316K | $488K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0892% | 1h | 0.1012 | +0.867% | $5K | $127K | 12x | as long as short |
| Hyperliquid DOGE | +0.1196% | 1h | 0.1003 | +0.010% | $121.9M | $67.5M | 10x | as long as short |
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Injective DOGE/USDC PERP
Hyperliquid DOGE