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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0148%/8h= −16.2% APRnext payment $0.19 per $10,000 · paid last 24h −0.025%
Price spread now: Nado against Coinbase International−0.075%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.015%−$2 on $10k
Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.075%, 7d avg −0.042%
Together, before fees+0.157%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.033% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099660.0248pay 0.0031% / 1h13m 47s$2.3M$26.4M50x
ShortNado DOGE-PERP0.099580.0100get 0.0012% / 1h13m 47s$533K$996K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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
−$31.08
Price spread: −0.075% → −0.042%
−$3.28
Slippage, 4 orders
−$18.4
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$69.76
Costs to cover
0.354%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Nado: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 5 min ago1.50 bp9.9 bp −$1017.8 bp −$17847.0 bp −$4,701doesn't fit
Sell Nado live order book, 50 min ago1.50 bp8.5 bp −$819.5 bp −$195doesn't fitdoesn't fit

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−0.0075%8h0.09940−0.261%$150.4M$274.0M75xas long as short
dYdX DOGE-USD0.0000%1h0.09942−0.246%$223K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09965−0.006%$430K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09957−0.087%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09952−0.136%$771K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09964−0.020%$900$443K10xas long as short
Nado DOGE-PERPshort+0.0100%1h0.09958−0.075%$533K$996K10x
Aster DOGEUSDT+0.0100%8h0.09951−0.150%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09950−0.163%$327K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09947−0.193%$318.3M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09941−0.251%$160.1M$441.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09945−0.211%$111.0M$986.4M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09966−0.001%$382K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09943−0.231%$243.3M$133.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09943−0.231%$111.6M$231.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09952−0.140%$65.9M$43.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09943−0.231%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09957−0.090%$328K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09975+0.086%$988K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09941−0.253%$295K$129.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09949−0.168%$631K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09940−0.261%$145K$279K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09952−0.136%$252K$739K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09962−0.040%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09960−0.062%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09962−0.042%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09962−0.040%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09955−0.108%$6.0M$56.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09959−0.070%$91.6M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0102%8h0.09941−0.248%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09947−0.192%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09959−0.073%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0121%1h0.09964−0.020%$595K$118K25xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09957−0.089%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09971+0.046%$531$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09965−0.010%$15.7M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09951−0.151%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09957−0.090%$312K200xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0248%1h0.09966long leg$2.3M$26.4M50x
Kraken Futures PF_DOGEUSD+0.0307%1h0.09959−0.070%$5.7M$35.3M50xas long as short
Hyperliquid DOGE+0.0529%1h0.09954−0.115%$121.3M$99.9M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09971+0.055%$403K$368K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09978+0.120%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1000+0.341%$5K$239K12xas long as short