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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h −0.013%
Price spread now: dYdX against Katana Perps−0.023%56s7-day average +0.006% · 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)+0.024%+$2 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.023%, 7d avg +0.006%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.029% cheaper against Katana Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.099720.0107pay 0.0107% / 8h56m 46s$833$538K10x
ShortdYdX DOGE-USD0.099700get 0.0000% / 1h56m 46s$224K$69K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$22.53
Price spread: −0.023% → +0.006%
−$2.91
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$39.24
Costs to cover
0.138%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; dYdX: live order book, 47 min ago. 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 dYdX live order book, 47 min ago31.06 bp37.1 bp −$3787.6 bp −$876105.9 bp −$10.6K117.5 bp −$58.8K
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
Kraken Futures PF_DOGEUSD−0.0060%1h0.09981+0.094%$5.6M$40.5M50xas long as short
dYdX DOGE-USDshort0.0000%1h0.09970−0.023%$224K$69K10x
Kalshi KXDOGEPERP0.0000%8h0.09980+0.085%$612K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09979+0.073%$35K150xas long as short
Bitget DOGEUSDT+0.0032%8h0.09962−0.100%$141.3M$344.6M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.596%$6K$242K12xas long as short
Phoenix DOGE+0.0080%1h0.09982+0.098%$18K$382K10xas long as short
Polymarket Perps DOGE-USD+0.0089%1h0.09968−0.042%$262K$1.2M10xas long as short
Lighter DOGE+0.0096%1h0.09986+0.142%$847K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09971−0.005%$537K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09984+0.122%$124.3M$117.0M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09975+0.030%$4.5M$58.8M75xas long as short
Pacifica DOGE+0.0100%1h0.09974+0.020%$318K$501K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09973+0.012%$329.4M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09965−0.070%$164.1M$522.5M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09970−0.020%$117.1M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09963−0.090%$17K$308K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09979+0.072%$383K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09980+0.080%$249.7M$155.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09971−0.010%$112.2M$256.9M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09976+0.040%$66.7M$50.0M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09969−0.030%$53.2Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09980+0.080%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09969−0.033%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09981+0.086%$303K$139.7M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09977+0.046%$629K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09980+0.080%$146K$341K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09980+0.080%$70K$470K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09978+0.057%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09981+0.086%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09983+0.110%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09983+0.106%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09985+0.130%$91.5M$17.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09968−0.039%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09981+0.087%$490K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09982+0.096%$19K3xas long as short
Katana Perps DOGE-USDlong+0.0107%8h0.09972long leg$833$538K10x
Deribit DOGE_USDC-PERPETUAL+0.0161%1h0.09985+0.135%$573K$252K25xas long as short
Reya DOGERUSDPERP+0.0198%1h0.09971−0.008%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09980+0.080%$1.9M$34.7M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09985+0.130%$16.3M$27.1M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09978+0.065%$314K200xas long as short
01 Exchange DOGEUSD+0.0280%1h0.09982+0.098%$444$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.09984+0.122%$401K$458K10xas long as short