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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against GRVT+0.093%61s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.093%, 7d avg +0.011%
Together, before fees+0.048%+ Points / potential airdropGRVT: Active · Nado: Active · farm board+$5 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: Nado is 0.082% dearer against GRVT than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT DOGE_USDT_Perp0.099490.0100pay 0.0100% / 8h5h 14m$631K$4.4M10x
ShortNado DOGE-PERP0.099580.0100get 0.0012% / 1h14m 16s$533K$996K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against GRVT. 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
Price spread: +0.093% → +0.011%
$8.17
Slippage, 4 orders
−$14.83
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$22.66
Costs to cover
0.308%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; Nado: live order book, 49 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 GRVT live order book, 5 min ago0.50 bp7.6 bp −$817.4 bp −$17454.1 bp −$5,411doesn't fit
Sell Nado live order book, 49 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%8h0.09957+0.078%$150.7M$273.9M75xas long as short
dYdX DOGE-USD0.0000%1h0.09959+0.093%$224K$49K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09965+0.162%$430K$5.2M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09957+0.081%$24K150xas long as short
Lighter DOGE+0.0096%1h0.09966+0.166%$772K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09964+0.148%$900$443K10xas long as short
Nado DOGE-PERPshort+0.0100%1h0.09958+0.093%$533K$996K10x
Aster DOGEUSDT+0.0100%8h0.09961+0.118%$4.7M$48.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09964+0.144%$327K$483K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09961+0.118%$318.8M$1.44B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOGEUSDT+0.0100%8h0.09959+0.098%$160.4M$441.7M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09961+0.118%$111.1M$988.0M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09966+0.168%$382K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09956+0.068%$243.6M$133.6M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09960+0.108%$111.8M$231.4M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09962+0.128%$65.9M$43.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09951+0.017%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09962+0.128%$328K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09975+0.254%$988K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09941−0.086%$295K$129.0M20xas long as short
GRVT DOGE_USDT_Perplong+0.0100%8h0.09949long leg$631K$4.4M10x
ApeX Omni DOGEUSDT+0.0100%1h0.09940−0.093%$145K$279K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09952+0.031%$252K$739K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09962+0.128%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09960+0.106%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09962+0.126%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09962+0.128%$2K$3.9M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09955+0.060%$6.0M$56.7M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09959+0.098%$91.6M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0102%8h0.09962+0.132%$18K$6K30xas long as short
Extended DOGE-USD+0.0104%1h0.09959+0.096%$499K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09959+0.095%$19K3xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0121%1h0.09964+0.148%$595K$118K25xas long as short
Reya DOGERUSDPERP+0.0187%1h0.09957+0.079%$2K20xas long as short
01 Exchange DOGEUSD+0.0216%1h0.09971+0.214%$531$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09965+0.158%$15.7M$25.1M75xas long as short
Phoenix DOGE+0.0240%1h0.09951+0.017%$65K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09957+0.078%$312K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0248%1h0.09966+0.168%$2.3M$26.4M50xas long as short
Kraken Futures PF_DOGEUSD+0.0307%1h0.09959+0.098%$5.7M$35.3M50xas long as short
Hyperliquid DOGE+0.0532%1h0.09970+0.207%$121.6M$99.8M10xas long as short
RISEx DOGE/USDC+0.0747%1h0.09971+0.223%$403K$368K10xas long as short
Arcus DOGE-USD+0.0781%1h0.09978+0.289%$128K$179K10xas long as short
Injective DOGE/USDC PERP+0.1072%1h0.1000+0.510%$5K$239K12xas long as short