Funding you earn now, next payment 09:00 UTC−0.0103%/8h= −11.3% APRpaid last 24h −0.021%
Price spread now: Katana Perps against Reya+0.177%50s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Katana Perps is 0.177% dearer against Reya than usual: you sell high and buy low (spread +0.177% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.8 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya DOGERUSDPERP | 0.09905 | 0.0203 | pay 0.0025% / 1h | 16m 36s | $2K | — | 20x |
| Short | Katana Perps DOGE-USD | 0.09923 | 0.0100 | get 0.0100% / 8h | 7h 16m | $888 | $542K | 10x |
Reya DOGERUSDPERP
Katana Perps DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Reya. 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
- −$21.6
- Price spread: +0.177% → 0.000%
- $17.75
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$13.66
- Costs to cover
- 0.098%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Katana Perps: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Reya and 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0096% | 1h | 0.09914 | +0.090% | $5.5M | $40.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0015% | 8h | 0.09914 | +0.087% | $140.5M | $346.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09912 | +0.063% | $513K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09916 | +0.104% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.305% | $6K | $242K | 12x | as long as short |
| Gate DOGE_USDT | +0.0075% | 8h | 0.09914 | +0.087% | $250.5M | $155.9M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09907 | +0.021% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09928 | +0.227% | $825K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USDshort | +0.0100% | 8h | 0.09923 | +0.177% | $888 | $542K | 10x | |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09907 | +0.021% | $511K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09926 | +0.212% | $123.7M | $116.6M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09918 | +0.124% | $5.1M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09920 | +0.144% | $322K | $478K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09920 | +0.147% | $327.0M | $1.70B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09917 | +0.117% | $165.5M | $521.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09921 | +0.157% | $115.1M | $1.18B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09925 | +0.198% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09908 | +0.028% | $378K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09919 | +0.137% | $116.5M | $264.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09920 | +0.147% | $65.8M | $49.2M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09919 | +0.137% | — | $53.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09917 | +0.117% | $300K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09898 | −0.074% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09891 | −0.150% | $262K | $139.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09892 | −0.135% | $632K | $4.2M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | −0.156% | $141K | $348K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09910 | +0.046% | $258K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09912 | +0.066% | $71K | $460K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09809 | −0.977% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09912 | +0.068% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09914 | +0.087% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09917 | +0.113% | $5.9M | $68.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09918 | +0.127% | $90.6M | $16.4M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09915 | +0.094% | $18K | $5K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0103% | 1h | 0.09917 | +0.113% | $555K | $301K | 25x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09917 | +0.117% | $481K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09911 | +0.061% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERPlong | +0.0203% | 1h | 0.09905 | long leg | $2K | — | 20x | |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09917 | +0.117% | $2.2M | $35.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0215% / S −0.0216% | 1h | 0.09915 | +0.097% | $292K | — | 200x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09920 | +0.147% | $15.4M | $27.0M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09918 | +0.127% | $457 | $4K | 10x | as long as short |
| dYdX DOGE-USD | +0.0406% | 1h | 0.09914 | +0.082% | $233K | $72K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09922 | +0.168% | $399K | $449K | 10x | as long as short |
Hyperliquid DOGE
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
Backpack DOGE_USDC_PERP
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
Deribit DOGE_USDC-PERPETUAL
Extended DOGE-USD
Aevo DOGE-PERP
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
BloFin DOGE-USDT
01 Exchange DOGEUSD
dYdX DOGE-USD
RISEx DOGE/USDC