Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against Katana Perps+0.091%7-day average +0.002% · 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)+0.015%+$1 on $10k
+Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.091%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.088% dearer against Katana Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps DOGE-USD | 0.09936 | 0.0099 | pay 0.0099% / 8h | 6h 18m | $830 | $428K | 10x |
| Short | Orderly PERP_DOGE_USDC | 0.09945 | 0.0100 | get 0.0100% / 8h | 6h 18m | $70K | $440K | 50x |
Katana Perps DOGE-USD
Orderly PERP_DOGE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0.21
- Price spread: +0.091% → +0.002%
- $8.81
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$0.78
- Costs to cover
- 0.098%
- Break-even
- 33.6 days
Slippage unknown: Katana Perps: no order-book sample; Orderly: 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Katana Perps and Orderly: 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 | −0.0106% | 8h | 0.09924 | −0.121% | $150.4M | $273.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09949 | +0.132% | $390K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09947 | +0.110% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0014% | 1h | 0.09952 | +0.158% | $223K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09947 | +0.107% | $5.8M | $34.2M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09957 | +0.213% | $821K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USDlong | +0.0099% | 8h | 0.09936 | long leg | $830 | $428K | 10x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09941 | +0.055% | $533K | $991K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09945 | +0.092% | $4.6M | $48.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09956 | +0.201% | $327K | $503K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09946 | +0.097% | $315.4M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09935 | −0.010% | $157.3M | $440.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09935 | −0.010% | $110.1M | $978.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09949 | +0.131% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09984 | +0.481% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09932 | −0.040% | $241.0M | $132.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09935 | −0.010% | $110.6M | $230.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09949 | +0.131% | $65.8M | $43.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09932 | −0.040% | — | $76.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09934 | −0.020% | $339K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09945 | +0.087% | $992K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09948 | +0.124% | $282K | $128.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09957 | +0.211% | $636K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | +0.141% | $145K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09937 | +0.012% | $256K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDCshort | +0.0100% | 8h | 0.09945 | +0.091% | $70K | $440K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09944 | +0.085% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09952 | +0.159% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09949 | +0.131% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09948 | +0.120% | $5.9M | $55.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09939 | +0.030% | $91.6M | $16.9M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09946 | +0.104% | $558K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09947 | +0.109% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0109% | 8h | 0.09954 | +0.177% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0122% | 1h | 0.09949 | +0.134% | $594K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0185% | 1h | 0.09944 | +0.081% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09942 | +0.063% | $530 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09946 | +0.101% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09941 | +0.054% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09946 | +0.105% | $310K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09943 | +0.075% | $400K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0699% | 1h | 0.09946 | +0.097% | $121.9M | $97.9M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1000 | +0.644% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP