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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.004%
Price spread now: Derive against Katana Perps+0.079%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Derive is 0.079% dearer against Katana Perps than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 27 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.099980.0110pay 0.0110% / 8h1h 54m$835$530K10x
ShortDerive DOGE-PERP0.10010.0100get 0.0013% / 1h54m 25s$19K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.06
Price spread: +0.079% → 0.000%
$7.9
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Derive: 3 bp × 2 orders
−$6
Net
−$3.96
Costs to cover
0.098%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; Derive: 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 Katana Perps no order-book sample
Sell Derive no order-book sample
Katana Perps and Derive: 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
Kraken Futures PF_DOGEUSD−0.0082%1h0.1000+0.020%$5.7M$40.4M50xas long as short
Polymarket Perps DOGE-USD−0.0011%1h0.09988−0.101%$268K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.09991−0.075%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1000+0.024%$595K$6.5M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1000+0.061%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.321%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0085%8h0.09999+0.010%$142.7M$343.8M75xas long as short
Lighter DOGE+0.0096%1h0.09993−0.046%$853K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09989−0.085%$539K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1000+0.024%$4.6M$58.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09985−0.129%$320K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1000+0.033%$328.5M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1000+0.050%$165.6M$520.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1001+0.090%$117.3M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1001+0.131%$385K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09997−0.010%$250.9M$153.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09997−0.010%$110.9M$257.0M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09995−0.030%$66.5M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09993−0.050%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09997−0.010%$322K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09992−0.062%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1001+0.114%$314K$139.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09995−0.028%$629K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1001+0.120%$150K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1001+0.080%$66K$467K50xas long as short
Derive DOGE-PERPshort+0.0100%1h0.1001+0.079%$19K$7K10x
SunX DOGE-USDT+0.0100%8h0.1000+0.027%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09999+0.010%$2K$5.3M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09997−0.012%$5.9M$68.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1000+0.040%$91.9M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09983−0.151%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09996−0.022%$488K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1001+0.090%$19K3xas long as short
Katana Perps DOGE-USDlong+0.0110%8h0.09998long leg$835$530K10x
Hyperliquid DOGE+0.0118%1h0.1000+0.050%$123.9M$116.1M10xas long as short
Reya DOGERUSDPERP+0.0196%1h0.09992−0.062%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.09996−0.020%$16.3M$27.0M75xas long as short
Phoenix DOGE+0.0240%1h0.1002+0.253%$18K$382K10xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1000+0.020%$2.0M$34.5M50xas long as short
01 Exchange DOGEUSD+0.0248%1h0.1000+0.052%$445$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0294%1h0.09997−0.005%$316K200xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0360%1h0.1001+0.131%$574K$252K25xas long as short
Arcus DOGE-USD+0.0387%1h0.1000+0.040%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.1001+0.080%$403K$456K10xas long as short