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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Katana Perps−0.050%7-day average +0.005% · 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)+0.018%+$2 on $10k
Price spread, last 3 days (all we have)+0.172%+$17 · spread now −0.050%, 7d avg +0.005%
Together, before fees+0.190%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.055% cheaper against Katana Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps DOGE-USD0.10020.0100pay 0.0100% / 8h7h 52m$837$398K10x
ShortPolymarket Perps DOGE-USD0.10020.0100get 0.0013% / 1h52m 19s$265K$556K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0.04
Price spread: −0.050% → +0.005%
−$5.49
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$17.24
Costs to cover
0.118%
Break-even
2744.2 days
Slippage unknown: Katana Perps: no order-book sample; Polymarket Perps: live order book, 20 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 Polymarket Perps live order book, 20 min ago3.03 bp7.0 bp −$77.2 bp −$72doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0202%8h0.09978−0.419%$152.4M$270.6M75xas long as short
Gate DOGE_USDT−0.0129%8h0.1002−0.030%$242.2M$126.7M75xas long as short
Kraken Futures PF_DOGEUSD−0.0078%1h0.09983−0.373%$6.0M$33.8M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1001−0.058%$396K$4.8M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09991−0.290%$601K$121K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1002+0.022%$24K150xas long as short
dYdX DOGE-USD+0.0025%1h0.1001−0.081%$225K$44K10xas long as short
Katana Perps DOGE-USDlong+0.0100%8h0.1002long leg$837$398K10x
Nado DOGE-PERP+0.0100%1h0.1002+0.020%$515K$976K10xas long as short
Aster DOGEUSDT+0.0100%8h0.1003+0.051%$4.9M$46.5M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.1002−0.027%$334K$511K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09983−0.369%$316.7M$1.39B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09983−0.369%$158.3M$437.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09992−0.279%$110.6M$962.0M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1003+0.090%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09980−0.399%$382K$12K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.1002+0.030%$110.8M$222.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1002+0.010%$65.7M$42.3M75xas long as short
BingX DOGE-USDT+0.0100%8h0.1002+0.020%$76.3Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1003+0.140%$382K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1002−0.018%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09996−0.244%$261K$121.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1001−0.143%$629K$4.6M10xas long as short
Polymarket Perps DOGE-USDshort+0.0100%1h0.1002−0.050%$265K$556K10x
Orderly PERP_DOGE_USDC+0.0100%8h0.09994−0.259%$73K$446K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09993−0.266%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1003+0.061%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09985−0.349%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09991−0.293%$6.0M$52.4M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09983−0.369%$92.2M$19.1M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1001−0.074%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09987−0.325%$619K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09986−0.334%$19K3xas long as short
Lighter DOGE+0.0112%1h0.09992−0.275%$859K$5.7M15xas long as short
01 Exchange DOGEUSD+0.0168%1h0.1003+0.118%$530$4K10xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1002+0.004%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1003+0.120%$15.3M$25.5M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09990−0.299%$2.0M$24.5M50xas long as short
Phoenix DOGE+0.0240%1h0.1004+0.161%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.1002+0.017%$309K200xas long as short
ApeX Omni DOGEUSDT+0.0539%1h0.1001−0.100%$147K$253K25xas long as short
RISEx DOGE/USDC+0.0701%1h0.1003+0.109%$317K$478K10xas long as short
Hyperliquid DOGE+0.0767%1h0.1003+0.143%$118.9M$91.2M10xas long as short
Injective DOGE/USDC PERP+0.0973%1h0.1004+0.200%$5K$239K12xas long as short